Corporate Operations: Page 198
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Nestle may be considering Hain Celestial acquisition
Taking over the natural food and beverage maker could appease activist investors and provide a much-needed sales boost in the better-for-you space.
By Sandy Skrovan • Nov. 21, 2017 -
Ahold Delhaize halts Bfresh concept as it reconsiders the small-format approach
The retailer, which planned to roll out the model nationwide, said it would not develop sites already purchased in the Philadelphia area.
By Jeff Wells • Nov. 21, 2017 -
Trendline
Mergers and acquisitions
Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.
By Food Dive staff -
Turkey oversupply gobbles into Hormel's Q4 earnings
The company ended the year with an 8% volume slide and an overall sales drop of 4%, thanks to more trouble with Jennie-O and Muscle Milk.
By Cathy Siegner • Nov. 21, 2017 -
Milkadamia bringing its popular milk to Walmart
The beverage, made from macadamia nuts, reflects growing interest in non-dairy drinks made from ingredients such as almonds and cashews.
By Cathy Siegner • Nov. 21, 2017 -
Campbell Soup posts 'difficult' quarter as soup sales decline
The maker of V8, Goldfish crackers and Prego pasta sauces said it was impacted by a “different promotional approach” with a major customer — likely Walmart — that cut revenue.
By Christopher Doering • Nov. 21, 2017 -
Jack Link's opens first brick-and-mortar store in Minneapolis
The jerky and meat snack maker will offer basketball fans and concert-goers a high-protein alternative to pizza and popcorn, while also broadening the reach of its brand.
By Erika Kincaid • Nov. 20, 2017 -
Door to Door Organics closes after 20 years
The online grocery delivery service abruptly shuttered operations, announcing in a blog post that recent industry events had significantly impacted its funding.
By Jeff Wells • Nov. 20, 2017 -
Barilla launches venture capital fund and innovation hub
The Italian pasta company is looking for good ideas to nurture using a combination of investment capital, access to its plant and a virtual network of practical help and advice.
By Cathy Siegner • Nov. 20, 2017 -
Could marijuana cause the beer industry's buzz to wane?
AB InBev's former marketing chief is investing in the cannabis industry, which has already reduced beer consumption in states where marijuana has been legalized.
By Cathy Siegner • Nov. 20, 2017 -
Albertsons announces investment in El Rancho Supermercado
The conventional retailer plans to help the Texas grocer reduce costs and provide more benefits for its predominantly Latino shopper base.
By Jeff Wells • Nov. 17, 2017 -
Conagra's makeover of iconic frozen food brands is heating up sales
The food giant has found success in the once unpopular category, with Healthy Choice, Banquet and Marie Callender’s items seeing sharp growth since adding on-trend offerings.
By Sandy Skrovan • Nov. 17, 2017 -
Post sees Q4 sales growth in all segments — and more opportunity on the horizon
Protein shakes, bars and powders saw the largest gains, but the St. Louis-based manufacturer also saw increases in cereal.
By Cathy Siegner • Nov. 17, 2017 -
Deep Dive
Coca-Cola CEO eyes 'bolt-on' deals as beverage maker steps up innovation
The soda maker is aggressively overhauling its current roster of products and looking outside the company for new brands as consumer preferences change and e-commerce gains traction.
By Christopher Doering • Nov. 17, 2017 -
Pabst could lift some spirits with move from beer into bourbon
The new alcohol, which is being rolled out under the Not Your Father’s brand, is currently for sale in Wisconsin and Illinois. A nationwide rollout is planned for 2018.
By Sandy Skrovan • Nov. 17, 2017 -
No Thanksgiving feast? Snack on some Pringles instead.
Kellogg has introduced eight new chip flavors based on holiday favorites like turkey, mashed potatoes and pumpkin pie through a pilot taste test.
By Cathy Siegner • Nov. 17, 2017 -
How the TerraVia purchase can help Corbion
The Dutch company is banking on its recent purchase of the algae business to help diversify its ingredients portfolio.
By Cathy Siegner • Nov. 16, 2017 -
Retrieved from TreeHouse Foods on July 01, 2016
Can a strong R&D pipeline help TreeHouse Foods get back on its feet?
The private label manufacturer has had a tough time lately with declines in sales, profits and earnings per share and the sudden resignation of its president in late October.
By Cathy Siegner • Nov. 16, 2017 -
Smucker's sales edge up, but Folgers and baking segments drag on earnings
Second-quarter earnings for the Ohio-based company were the first in five quarters to show net growth, although some of it was due to price increases.
By Cathy Siegner • Nov. 16, 2017 -
Publix announces officer changes for next year
The Southeastern grocer said the new roles in its supply side and fresh retail business reflect its continuing focus on growth and innovation.
By Jeff Wells • Nov. 15, 2017 -
Supervalu looks to Anne Dament to turn around ailing retail division
The Target and Safeway veteran is credited with improving the grocer's store operations, consolidating marketing efforts and introducing a host of new products in less than a year.
By Jeff Wells • Nov. 15, 2017 -
Self-heating beverage technology draws investment from ex-Whole Foods co-CEO
Walter Robb is joining the board of HeatGenie, a company whose product allows canned beverages to be warmed in two minutes by twisting the lid.
By Cathy Siegner • Nov. 15, 2017 -
Southeastern Grocers considers Chapter 11 in light of debt woes
The company is considering swapping debt for equity with its lenders, but it is unsure if it will need to enter bankruptcy to make the exchange.
By Jeff Wells • Nov. 14, 2017 -
Goya will nearly double the size of its Texas facility
"With the growing need for good nutrition, it's an opportune time for Goya to expand," company president Bob Unanue said in a statement.
By Cathy Siegner • Nov. 14, 2017 -
A shakeout is brewing as coffee competition heats up
The U.S. may be maxing out on shops selling the popular beverage as more people turn to supermarkets, c-stores and other outlets to get their daily caffeine fix.
By Cathy Siegner • Nov. 14, 2017 -
Deep Dive
Food made easy: 5 products designed with convenience in mind
From ZUPA NOMA's drinkable soups to Duncan Hines' cake mix in a cup, manufacturers are creating items for time-starved consumers who are snacking more and eating on the go.
By Cathy Siegner • Nov. 13, 2017
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