Corporate: Page 2

McCormick turns to artificial intelligence to spice up product development

The Maryland company is using the technology to reduce the time it takes to create a new item by up to 70%, while increasing the likelihood that it has staying power on the market.

By Christopher Doering • Feb. 05, 2019

Perdue, Tyson and Pilgrim's Pride recall 110,000 pounds of chicken

Last week, the poultry producers pulled the nuggets because they either contained rubber or were incorrectly labeled.

By Jessi Devenyns • Feb. 04, 2019

Column

Leftovers: Kit Kats in cone form, getting spicy with hot dates

Nestlé combines two of its hit products for a tasty frozen dessert, and Halo Top makes more vegan-friendly flavors.

By Food Dive staff

Federal court blocks San Francisco's health warnings on soda advertisements

The ordinance would have required advertisements to issue a warning that consuming sugary beverages "contributes to obesity, diabetes and tooth decay." 

By Lillianna Byington • Feb. 01, 2019

MycoTechnology raises $30M to expand salt-reduction ingredient

The latest funding round for the Colorado-based food technology company saw participation from Tyson Ventures, Bunge Ventures, Kellogg's Eighteen94, Capital and Continental Grain Co.

By Cathy Siegner • Jan. 31, 2019

Olam will refocus portfolio to follow shifts in consumer preferences

The global food and agribusiness company plans to divest $1.6 billion from sugar, rubber, wood products and fertilizer, and invest $3.5 billion in nuts, grains, animal feed, cocoa and coffee.

By Cathy Siegner • Jan. 31, 2019

Blue Apron introduces new retail line on Jet

The embattled company will offer a meal kit that bundles sauces, grains, spices and a recipe that shoppers then pair with retailer produce or protein.

By Jeff Wells • Jan. 31, 2019

Hershey posts sales gain in Q4, but misses expectations

The chocolate and snacking powerhouse showed strong improvement in sales and earnings, boosted by acquisitions, including Pirate Brands. 

By Jessi Devenyns • Jan. 31, 2019

Diageo sales jump 5.8% and share buyback skyrockets stock

The boost was largely attributed to stronger demand from China and India, but North America net sales increased 6%. 

By Lillianna Byington • Jan. 31, 2019

Mondelez focuses on international markets as US growth lags

The global snacking giant said net revenues for 2018 rose 0.2% to $25.9 billion, and annual gross profit increased 3%, or $318 million.

By Megan Poinski • Jan. 31, 2019

Opinion

3 ways to prepare for the year ahead in food and beverages

To stand out, the food and beverage industry needs to connect with consumers using things like precision manufacturing and creating a personal connection, says Laura Gurski with Accenture.

By Laura Gurski

AB InBev partners with gene-editing company for more sustainable barley

The beer giant plans to use technology from Benson Hill Biosystems, as well as traditional breeding methods, to develop higher-yielding varieties that consume less water and other natural resources.

By Cathy Siegner • Jan. 31, 2019

Coca-Cola emails disclose more about controversial talks with health officials

A new report reveals additional details about communication between the company and the CDC from 2011 to 2015, showing the beverage giant trying to influence World Health Organization policy.

By Lillianna Byington • Jan. 30, 2019

B&G Foods CEO Robert Cantwell to retire in April

The 35-year company veteran will continue to work as an M&A adviser. Kenneth Romanzi, who is currently the COO, will take over the top post.

By Christopher Doering • Jan. 30, 2019

Kraft Heinz's Devour places ad on porn site for edgy Super Bowl campaign

The frozen meals maker confirmed that the Pornhub media placement was intentional, continuing Devour's "food porn" theme for its Super Bowl debut.

By Peter Adams • Jan. 29, 2019

Why are chicken producers pursuing Non-GMO Project verification?

Springer Mountain Farms recently was approved for the symbol on its PLUS line, but according to federal law, meat and poultry cannot be considered genetically modified.

By Cathy Siegner • Jan. 29, 2019

StarKist settles price fixing claims with Walmart for $20.5M

After the company pleaded guilty to one count of artificially inflating costs in October, it still faces a federal fine of up to $100 million.

By Cathy Siegner • Jan. 29, 2019

Darden Restaurants accuses chicken producers of overcharging

A federal lawsuit claims they conspired to sell products to the parent company of establishments including Olive Garden at artificially inflated prices from 2008 through 2016.

By Cathy Siegner • Jan. 29, 2019

Amazon pushes for more companies to create exclusive brands

After finding that it was too expensive to develop exclusive brands independently, the retail giant started pushing established food and beverage manufacturers to take on the R&D work.

By Nina Sparling • Jan. 28, 2019

Frozen food sales fuel center store growth, study says

Innovation is driving consumption, but research from the Food Marketing Institute and the American Frozen Food Institute notes negative perceptions still persist around its health and quality.  

By Jeff Wells • Jan. 28, 2019

Will Nitro Pepsi gas up soda sales?

The company will start serving at exclusive venues like the Super Bowl in an attempt to cross beverage boundaries and market to new consumers.

By Jessi Devenyns • Jan. 28, 2019

From salsa to nuggets, FoodStory Brands fills 'white space' untapped by industry giants

Company president Jay Whitney said they have benefited from consumer trends like transparency and clean label, as well as a lack of shopper trust in big food manufacturers. 

By Christopher Doering • Jan. 28, 2019

Opinion

Chicken with a side of facts: Information hungry consumers expect more

Tom Super, senior vice president of communications at the National Chicken Council, said diners are rightfully asking more questions about how food is grown and raised.

By Tom Super