Corporate Operations: Page 203
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Lidl debuts online shopping with Shipt in South Carolina
The discount grocer is now offering ordering and delivery through the service to 123,000 customers in the Greenville area.
By Jeff Wells • Oct. 23, 2017 -
Analyst: Supervalu got 'bargain basement' deal on AG of Florida
The company nabbed the regional wholesaler for as much as 35% below its value.
By Jeff Wells • Oct. 23, 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 -
LaCroix CEO responds to falling stock prices in all caps
Nick Caporella issued an emotional statement blaming short sellers for the drop in company's shares last week.
By Erika Kincaid • Oct. 23, 2017 -
Impossible Burger making its way to foodservice venues
The company is reaching beyond upscale restaurants and debuting its popular plant-based product at university dining halls, company cafeterias and museum cafes.
By Cathy Siegner • Oct. 23, 2017 -
Coca-Cola picks new leader to oversee its North American operations
The soda giant said James Dinkins, the head of its Minute Maid Business, will replace Sandy Douglas starting next year. Both executives joined Coke in 1988.
By Cathy Siegner • Oct. 23, 2017 -
Walmart poised to outlast its European rivals in the US
Massive scale, geographic proximity and shopper familiarity are among the reasons the retail giant has an edge over Lidl and Aldi.
By Sandy Skrovan • Oct. 20, 2017 -
Family-run Buehler's transitions ownership to employees
Former family owners of the 13-store Ohio-based grocery chain said this is a “better option than selling the business to outsiders.”
By Sandy Skrovan • Oct. 20, 2017 -
Lawsuits say 'diet' soda claim is misleading
Class action cases filed against Coca-Cola, PepsiCo and Dr Pepper Snapple say the term implies the soft drinks will help consumers lose weight when they actually do the opposite.
By Megan Poinski • Oct. 20, 2017 -
Kroger plans to remodel hundreds of stores
As part of the recently unveiled "Restock Kroger" plan, the retailer will update approximately 700 locations across the country to be more customer-centric.
By Cathy Siegner • Oct. 20, 2017 -
Is enough support brewing in Congress to pass lower alcohol production taxes?
The legislation has enough support in both the Senate and House, but despite similar backing each of the past two years, the bill did not get passed.
By Cathy Siegner • Oct. 20, 2017 -
Lidl shoppers give chain mixed reviews after 4 months in US
Consumers have praised the company's low prices and in-store bakeries, while complaining about its bag policy and limited assortment of brands.
By Cathy Siegner • Oct. 20, 2017 -
Millennials turning to probiotics more than prior generations
A 2017 National Consumer Survey conducted by Packaged Facts found about 25% of U.S. adults seek out foods and beverages with high amounts of these microorganisms.
By Erika Kincaid • Oct. 19, 2017 -
Pringles brings pop-up 'Stack Shack' to NYC
The snack brand's out-of-home effort, hosted by TV personality Adam Richman, encourages visitors to play with their food.
By David Kirkpatrick • Oct. 19, 2017 -
Nestle wrestles with flat North American sales as activist investor looms
The candy, water and frozen foods maker has struggled like many of its peers with changing consumer tastes and preferences, but recent deals and improvements to its business have failed to yield meaningful results.
By Cathy Siegner • Oct. 19, 2017 -
Ferrero Group will acquire Ferrara Candy
The maker of Nutella, Kinder and Tic Tac has agreed to buy the owner of RedHots, Trolli and Brach's from private equity company L Catterton.
By Emma Liem Beckett • Oct. 19, 2017 -
Amazon's Whole Foods acquisition isn't changing shopping habits — yet
A new Reuters/Ipsos poll found that despite the online giant's expansion, 75% of online shoppers rarely or never buy groceries online.
By Erika Kincaid • Oct. 19, 2017 -
Albertsons names third exec in last year to run Safeway Eastern operations
"I’ve been especially concerned with the condition of our stores, both physically and morale-wise," a company executive told Food Trade News of the chain.
By Sandy Skrovan • Oct. 19, 2017 -
U.S. Department of Agriculture. (2011). [photograph]. Retrieved from https://www.flickr.com/photos/usdagov/5707774275.
USDA pulls controversial GIPSA rule providing legal protections for livestock, poultry producers
The agency said it was taking this action to end one of the Obama administration's final agricultural proposals "because of serious legal and policy concerns related to its promulgation and implementation."
By Cathy Siegner • Oct. 19, 2017 -
Can an activist investment report bring change to Tootsie Roll?
The candy company is poorly run and not worth its current share price, according to research from known short-seller Spruce Point Capital.
By Cathy Siegner • Oct. 19, 2017 -
Blue Apron lays off 6% of its workforce as struggles mount
The staffing reduction, which the company said better positions it for "future growth and achieving profitability," is the latest challenge for the New York meal-kit maker since its June IPO.
By Cathy Siegner • Oct. 19, 2017 -
The Fresh Market investments are failing to attract shoppers: Moody's
An analyst from the credit rating agency said it would be difficult for grocer to "meaningfully improve profitability" amid increasing pricing pressure and new store openings from other competitors.
By Sandy Skrovan • Oct. 19, 2017 -
Deep Dive
What you need to know about food labeling
Information on packaging is being closely watched by consumers interested in what's in their favorite foods. With millions in sales on the line, CPG companies have a lot to gain or lose based on what's included.
By Food Dive Staff • Oct. 18, 2017 -
C-store chain hopes wine lovers say 'Oh, thank heaven' for 7-Eleven
Shoppers can now enjoy a $7 bottle of Chardonnay or Pinot Grigio along with the chips, candy and Slurpee offerings that have made the retailer famous.
By Erika Kincaid • Oct. 18, 2017 -
Look out, Little Debbie: thinkThin introduces protein cake snacks
The nutrition bar brand is rolling out indulgent, protein-filled products that look like lunchbox treats to combat consumer "bar fatigue."
By Cathy Siegner • Oct. 18, 2017 -
Danone's earnings, brands and innovation see a boost from WhiteWave acquisition
The $12.5 billion deal not only doubled the French yogurt giant's North American business, but also added some very popular plant-based products to its portfolio.
By Cathy Siegner • Oct. 18, 2017
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