Corporate Operations: Page 202
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Meijer's year-old grocery delivery partnership with Shipt is popular with shoppers
The regional supermarket chain recently surpassed 500,000 transactions throughout six states in the Midwest, and it is on track for more than a million by the end of the year.
By Sandy Skrovan • Oct. 27, 2017 -
Just what the doctor ordered? Analysts question Dr Pepper Snapple execs on Bai purchase
The beverage giant has struggled to integrate the $1.7 billion deal into its operations, prompting at least one Wall Street firm to ask whether it regretted doing the acquisition.
By Cathy Siegner • Oct. 26, 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 -
Scientists map the stevia plant's genetic makeup
Ingredients developed from this research could reduce the sugar and calorie content of foods and beverages while improving the taste.
By Cathy Siegner • Oct. 26, 2017 -
Deep Dive
Microalgae: A tiny ingredient packing a macro punch for food makers
The organism, which is expected to post sales of $44.7 billion for all uses by 2023, has ascorbic acid, protein and omega-3 fatty acids — giving it nutritional benefits sought after by consumers looking to eat healthier.
By Cathy Siegner • Oct. 26, 2017 -
Activist investor pressures Supervalu to sell stores, shake up board
Blackwells Capital is agitating for the grocer to create more value for shareholders after its stock price has fallen precipitously in recent years.
By Davide Savenije • Oct. 26, 2017 -
Snacks sweeten Hershey's sales and profits
Hershey's board has approved a $100 million stock repurchase program, and the company said it expects to be able to participate in opportunistic merger and acquisition activity.
By Cathy Siegner • Oct. 26, 2017 -
Pinnacle Foods sales and profits slip but company reaffirms outlook
The food manufacturer said its operations were affected by the exit of several Aunt Jemima frozen breakfast products, the exit of some U.K. businesses and recent U.S. hurricanes.
By Emma Liem Beckett • Oct. 26, 2017 -
Mondelez nabs Coke exec as its new North American president
The latest shakeup at an executive level comes as the food giant sees its CEO depart.
By Erika Kincaid • Oct. 26, 2017 -
Catalina and Label Insight join forces to offer marketing based on dietary needs
The marketing and data solutions firms are targeting shoppers with specific interests — including gluten-free, nut-free, heart-healthy, organic and eco-friendly.
By Cathy Siegner • Oct. 26, 2017 -
Asian specialty store iFresh opening first Texas supermarket
The grocer is hoping the new location in Houston will allow it to tap into the ethnic population's growing presence in the Lone Star State.
By Erika Kincaid • Oct. 26, 2017 -
AB InBev earnings hit by sluggish sales of Bud Light and Budweiser
The beer giant said the U.S. remained a challenge, with recent hurricanes reducing volumes and share in its biggest market, which declined 0.8% during the most recent quarter.
By Christopher Doering • Oct. 26, 2017 -
Michigan retailer finds a lucrative revenue stream operating school cafeterias
Plum Market began serving meals at Detroit Country Day School several years ago, and now operates its own PlumSmart school foodservice division.
By Jeff Wells • Oct. 25, 2017 -
Kroger names new COO, consolidates power among top chiefs
The move, effective Nov. 1, will give Donnelly oversight of operations and merchandising as the retailer moves forward with its Restock Kroger Plan.
By Jeff Wells • Oct. 25, 2017 -
Will fine print in leases derail Amazon's omnichannel grocery strategy?
Some retailers like Target and Lidl are calling on clauses written into their lease agreements that allow them to limit what the retail giant can and can't do in Whole Foods stores located nearby.
By Sandy Skrovan • Oct. 25, 2017 -
Dr Pepper Snapple's earnings buoyed by noncarbonated drinks
While net sales for the beverage company increased 4%, soda volumes fell and natural disasters and early debt payments brought profits down.
By Cathy Siegner • Oct. 25, 2017 -
Food safety leader FoodLogiQ gains $4.25M investment
The company will use the funding to hire new employees across sales, product development and engineering and marketing departments.
By Cathy Siegner • Oct. 25, 2017 -
Nestlé leaving GMA at the end of the year
The Swiss giant is the second large food company this year — following Campbell Soup — to give up its Grocery Manufacturers of America membership.
By Cathy Siegner • Oct. 25, 2017 -
Coca-Cola's efforts to diversify are paying off as beverage maker tops forecast
The manufacturer said its juice, dairy and plant-based items, along with tea and coffee drinks, all grew 1% during the most recent period.
By Christopher Doering • Oct. 25, 2017 -
Report: Consumer satisfaction with many CPG companies declining
The shift away from processed foods hurt Kraft Heinz, General Mills and Mars in the latest ACSI customer satisfaction index while Hershey, Quaker and Conagra benefited.
By Cathy Siegner • Oct. 25, 2017 -
Mars Wrigley seeks sales jolt with caffeine gum relaunch
First introduced in 2013 but pulled due to pending FDA studies, the product is touted as an alternative pick-me-up to coffee and energy drinks.
By Sandy Skrovan • Oct. 24, 2017 -
Aldi spurs 3% price drop in SoCal grocery market
With its industry-beating prices and private label selection, the discounter is forcing larger retailers to compete.
By Jeff Wells • Oct. 24, 2017 -
Albertsons reports strong e-commerce growth in Q2 report
A 19% increase in its e-commerce business provided some solace amid an otherwise lackluster quarterly performance for the fast-growing retailer.
By Sandy Skrovan • Oct. 24, 2017 -
Anheuser-Busch launches Prohibition-era limited edition brew
The beer maker is bringing back an amber lager recipe from 1920 that was never distributed nationally due to the start of the federal ban on alcohol sales.
By Erika Kincaid • Oct. 24, 2017 -
Ice cream finds its sweet spot is more than just for dessert
More consumers are enjoying the popular frozen treat as a snack between meals, as opposed to only after dinner.
By Erika Kincaid • Oct. 24, 2017 -
Halo Top melts market share away from Unilever
The upstart, which recently became the #1 selling pint of ice cream in the U.S., has taken share away from the food giant known for its Breyers brand.
By Erika Kincaid • Oct. 23, 2017
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