Corporate Operations: Page 205
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Ding Dong the CEO is gone: Hostess Brands head to retire by March
Bill Toler has been credited with shepherding the iconic brand from liquidation to a public company and expanding its snack offerings at the same time consumers flock to healthy foods.
By Cathy Siegner • Oct. 13, 2017 -
Deep Dive
Tyson Foods CEO targets smaller deals for growth after $4.2B AdvancePierre buy
In an exclusive interview with Food Dive, Tom Hayes said his company’s stock isn't being valued by Wall Street using the same higher financial metrics applied to other big-branded food operators — leaving its shares undervalued.
By Christopher Doering • Oct. 12, 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 -
How PepsiCo is reshaping its e-commerce business
Earlier this week, CEO Indra Nooyi shared comments about the innovation required by food manufacturers in order to create excitement online and drive impulse purchases in “new ways.”
By Sandy Skrovan • Oct. 12, 2017 -
Oreo challenges cookie lovers to guess mystery flavor and win $50,000
Consumers have said the baked good from Mondelez tastes like Froot Loops, Creamsicle and lemon, and have flocked to social media to debate.
By Erika Kincaid • Oct. 12, 2017 -
Ahold USA testing shelf-scanning robot in Pennsylvania store
Marty, a tall gray machine outfitted with googly eyes, wanders the aisles checking for out-of-stock items and mislabeled tags, and scanning the floor for hazards.
By Erika Kincaid • Oct. 12, 2017 -
Digital influencers and outreach can spread brands' nutritional message
Food companies need to convey a sense of shared values in order to win consumers' trust, according to Linda Eatherton of Ketchum.
By Cathy Siegner • Oct. 12, 2017 -
Probiotics firm Ganeden bought by Kerry Group
The Irish nutrition giant is signaling greater interest in the health and wellness sector with its purchase of the Ohio-based firm that specializes in better-for-you bacteria.
By Cathy Siegner • Oct. 12, 2017 -
Kroger weighs sale of its c-store division as it outlines growth plan
The beleaguered grocer announced it may sell its 784 convenience stores as part of its new "Restock Kroger" strategy.
By Jeff Wells • Oct. 12, 2017 -
Trump agricultural chief Perdue backs food stamp changes
The USDA secretary suggested able-bodied Americans should have restricted access to SNAP benefits, which could impact billions of dollars of grocery revenue.
By Sandy Skrovan • Oct. 12, 2017 -
Trader Joe's could lose more customers than any other store to Amazon-Whole Foods
According to research from Magid, the specialty retailer's customers cross-shop at the mega e-tailer and the natural and organic chain more than three times the industry average.
By Jeff Wells • Oct. 11, 2017 -
Sprouts could face serious hurdles to Mid-Atlantic expansion
Although the retailer has quickly expanded in the Southeast, it must adapt to higher real estate costs and a rising concentration of competing stores.
By Jeff Wells • Oct. 11, 2017 -
Walmart plans to double click-and-collect locations next year
The retailer expects to see e-commerce sales increase by 40% while it slows store growth and focuses on digital innovation.
By Jeff Wells • Oct. 11, 2017 -
Mondelez sponsors 'Surfacing' journalism residency at The New York Times
The partnership between the new Véa snack brand and the newspaper will develop food, culture and travel stories scheduled to appear in the travel section starting in December.
By Cathy Siegner • Oct. 11, 2017 -
Deep Dive
Investing in Big Food's future: How VC arms drive success for small and large brands
Several large food and beverage manufacturers use their funds and knowledge to aid newcomers — and help themselves align with current consumer trends.
By Megan Poinski • Oct. 11, 2017 -
Food Lion completes $110M store remodels in Richmond
The 71-location update includes lower prices, an expanded assortment of fresh products and designs that are easier to navigate.
By Jeff Wells • Oct. 10, 2017 -
Deep Dive
From startup to bought up: What 4 food brands learned from being acquired
From Hormel's purchase of Justin's to PepsiCo's acquisition of KeVita, large food and beverage makers are targeting upstart brands with fresh, organic and natural products.
By Emma Liem Beckett , Christopher Doering • Oct. 10, 2017 -
Beyond Meat plans to enter UK retail markets in 2018
The plant-based protein maker's move to Europe follows its recent expansion into Hong Kong, its only current overseas market.
By Cathy Siegner • Oct. 10, 2017 -
Report: HelloFresh plans to announce IPO this month
The German meal kit company, which has steadily grown its operations in the U.S., is committed to going public even after competitor Blue Apron’s disastrous offering.
By Jeff Wells • Oct. 10, 2017 -
Yesway hires culinary innovation head
The Midwestern c-store chain's new employee reflects the industry's shift toward a wider, fresher variety of grab-and-go foods and more premium shopping experiences.
By Jeff Wells • Oct. 9, 2017 -
Cardenas buys 7 Los Altos Ranch Market stores in Arizona
The locations will give the retailer a footprint in the Arizona market, part of its strategy to become the nation's largest Hispanic grocer.
By Jeff Wells • Oct. 9, 2017 -
Ben & Jerry's to improve pay and working conditions of dairy laborers
The ice cream maker signed the "Milk with Dignity" agreement after a survey found 40% of worker didn't get a day off or weren't paid a minimum wage.
By Cathy Siegner • Oct. 9, 2017 -
Danone expands organic presence with investment in baby food startup
The food manufacturer is entering a crowded sector, with other players in the space including Gerber, Once Upon a Farm and Campbell's Plum Organics.
By Erika Kincaid • Oct. 9, 2017 -
Swiss chocolate maker sweetens on US with expansion
The Barry Callebaut Group completed factory expansions in California and Chicago, while opening a new warehouse in Pennsylvania to meet growing customer demand.
By Cathy Siegner • Oct. 9, 2017 -
H-E-B becomes first grocer to sell plant-based Soylent Drink
Following a test in 7-Eleven stores this summer, the meal replacement brand sees the Texas-based supermarket as the next step in its retail expansion plan.
By Sandy Skrovan • Oct. 7, 2017 -
Costco launches new grocery delivery service
The initiative seems more like a defensive move for the warehouse club store, which has traditionally built its business model around the in-store shopper experience.
By Jeff Wells • Oct. 6, 2017
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