Corporate Operations: Page 205
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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 -
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 -
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 -
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 -
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
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