Corporate Operations: Page 212
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Report: Agrifood tech startups raised $4B in the first half of 2017
Investment interest increased according to AgFunder's report — particularly in food delivery, farm technologies and novel farming systems.
By Cathy Siegner • Sept. 20, 2017 -
IGA hires a new CEO
John Ross joins the grocer in hopes that his data expertise can reinvigorate slumping independent sales.
By Erika Kincaid • Sept. 20, 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 -
Walmart pilots program letting SNAP customers buy groceries through click-and-collect
In a small-scale test across five stores, food stamp recipients can order groceries through the retailer's website and pay for them at pickup.
By Sandy Skrovan • Sept. 20, 2017 -
How Pyure grows its brand among retailers and Amazon
The stevia-based sweetener startup launched a full digital marketing campaign, utilizing Amazon advertising, digital banners, YouTube videos and social media to gain recognition and increased product placement.
By Sandy Skrovan • Sept. 20, 2017 -
Kroger plans to eliminate food waste by 2025
With an estimated 10% of grocery store items thrown out annually, the retailer has pledged to eliminate it through prevention, donation and diversion efforts.
By Sandy Skrovan • Sept. 20, 2017 -
Coca-Cola finds opportunity in slow times for soda
The company's small pack sizes and online ordering, which drove 4% of the segment's sales growth last year, prove there are still paths to expansion for carbonated beverages.
By Sandy Skrovan • Sept. 20, 2017 -
USDA
United Fresh and Western Growers jointly promote recall insurance
This is not a one-size-fits-all proposition for food and agriculture companies, so the program puts together individualized coverage plans to help reduce risk and minimize exposure.
By Cathy Siegner • Sept. 20, 2017 -
General Mills' earnings show continued slide in sales and profits
Sales have been declining for nine straight quarters at the iconic cereal company, so it plans to aggressively focus on restructuring and momentum to improve performance.
By Cathy Siegner • Sept. 20, 2017 -
Deep Dive
Why Hispanic grocers are poised for explosive growth
Stores are drawing shoppers of all ethnicities, but grocers face the challenge of scaling effectively and appealing to a broader audience while still retaining their authenticity.
By Jeff Wells • Sept. 20, 2017 -
Post Holdings to buy Bob Evans Farms for $1.53B
The deal is expected to strengthen the cereal maker's position by adding the breakfast company's popular packaged goods line to its extensive RTE morning food portfolio.
By Cathy Siegner • Sept. 19, 2017 -
Report: Amazon craves a piece of the sweet and salty snacks market
The e-commerce giant’s snacks sales are up 42% versus a year ago, suggesting the $49 billion category could be the latest on the retailer’s path of disruption.
By Sandy Skrovan • Sept. 19, 2017 -
Tyson's plans for Kansas chicken plant ruffle local feathers
Concerns about the proposed processing facility, hatchery and feed mill mainly hinge on environmental issues, especially from residents living near the site.
By Cathy Siegner • Sept. 19, 2017 -
Deep Dive
From cancer to Alzheimer's, health is on the menu for food manufacturers
As their core packaged food businesses struggle, Hormel, Nestle and others are turning to nutritional therapy and medical foods — a niche-yet-promising market that's worth an estimated $15 billion.
By Christopher Doering • Sept. 18, 2017 -
Q&A
Q&A: Ganeden CEO Michael Bush on where probiotics are headed — and the unexpected places they're found
The probiotics leader's executive talks about how the good-for-you bacteria is in all sorts of food and drink now — and why more targeted strains are likely on the horizon.
By Megan Poinski • Sept. 18, 2017 -
Global database matches agrifood projects with resources
Creators of the database hope it will help plug the funding gap for investments, noting that about 7% of venture funding goes to agrifood, yet it represents about 15% of the market.
By Cathy Siegner • Sept. 18, 2017 -
Deep Dive
How data, transparency and authenticity can drive food and beverage sales
Brands don't have to be big or have a lot of money. But they do have to be smart about what consumers want, top marketers from Catalina told a packed crowd at Natural Products Expo East in Baltimore last week.
By Megan Poinski • Sept. 18, 2017 -
GMA: SmartLabel usage is on track and growing
While product labeling and usage statistics are encouraging, the scannable information initiative still needs a consumer outreach campaign to make it as effective as possible.
By Cathy Siegner • Sept. 18, 2017 -
A grocery store's average annual turnover cost is $67K, says consultant
Grocers can retain workers by offering compelling, cost-effective benefits like telemedicine, according to human resources consultant Chris Cooley.
By Jeff Wells • Sept. 18, 2017 -
Hormel's journey beyond meat production continues
President and CEO James P. Snee said that by 2020, the protein giant wants 15% of its net sales to come from items that were developed in the previous five years.
By Cathy Siegner • Sept. 18, 2017 -
Report: Amazon and Whole Foods to thrive by nabbing each other's customers
The recently merged company has the potential to bring together different kinds of consumers and open up a host of benefits in an effort to build and retain a huge loyal shopping base.
By Sandy Skrovan • Sept. 15, 2017 -
SpartanNash store remodel touts fresh food and craft beer
The grocer and food distributor bought Forest Hills Foods in 2012, reassuring customers and employees that no changes would be made to the beloved supermarket.
By Jeff Wells • Sept. 15, 2017 -
McCormick aims to show it's more than a spice company with new products
The Maryland-based business is branching out into gravy, bone broth and Asian noodle products, among other food items this fall.
By Cathy Siegner • Sept. 15, 2017 -
Kellogg's VC arm bets on mushroom protein company in $35M funding round
The investment comes as plant-based protein has emerged as a high-growth area in the food industry.
By Cathy Siegner • Sept. 14, 2017 -
Nestle acquires majority stake in Blue Bottle Coffee for $425M
The Swiss company further diversified its portfolio by buying 68% of the artisan java roaster and seller, just a week after it purchased plant-based food maker Sweet Earth.
By Cathy Siegner • Sept. 14, 2017 -
Bunge to pay $946M for a majority share of Malaysian palm oil manufacturer
CEO Soren Schroder called the deal a "game changer" for the company's profits, insisting that it had nothing to do with rebuffing the recent takeover attempt from Glencore.
By Cathy Siegner • Sept. 14, 2017
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