Corporate Operations: Page 213
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Tyson and Foster Farms invest in new meat facilities
These are just the two latest processors to put money into upgrades and expansion to increase production levels, efficiency and their bottom line.
By Sandy Skrovan • Aug. 25, 2017 -
Amazon-Whole Foods deal closes Monday, bringing lower prices and Prime-based loyalty program
Immediately after the deal goes into effect, prices will drop on grocery staples and Whole Foods’ private-label brands will be available on Amazon.
By Jeff Wells • Aug. 25, 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 -
The rosé trend has turned spirits pink
The rosé craze among millennials continues to spark more creative pink drinks from beverage manufacturers and prompt retailers to highlight rosé displays in stores.
By Cathy Siegner • Aug. 25, 2017 -
Peet's Coffee part of $7.5M investment in Revive Kombucha
The funding will help the drinks maker, known for its Boogie Down, Spring Fling and Wild Ginger beverages, expand its brewing capabilities and distribution.
By Erika Kincaid • Aug. 25, 2017 -
Hormel sees earnings inch up as Jennie-O issues continue to gobble into profits
The meat company also announced the $104 million acquisition of Brazil's Cidade do Sol, its fist entry into the South American market.
By Cathy Siegner • Aug. 24, 2017 -
Aldi private label products earn parent-approved designation
By removing synthetic colors, MSG and trans fats from its private label foods and launching the Little Journey baby brand, the discount retailer is winning over health-conscious moms.
By Sandy Skrovan • Aug. 24, 2017 -
FTC clears Amazon's acquisition of Whole Foods
Whole Foods shareholders also approved the move Wednesday, allowing both sides to finalize the $13.7 billion deal.
By Jeff Wells • Aug. 24, 2017 -
Shipping delays on CSX network hurt food companies
Traffic jams and erratic service by the railroad operator are impacting Kellogg and other large food operations, and they may eventually lead to price increases should problems persist.
By Sandy Skrovan • Aug. 24, 2017 -
Craft beer sales sputter following years of rapid growth
Revenue in the space popular with millennials is declining amid market saturation, growing interest in spirits and the purchase of companies by big breweries.
By Erika Kincaid • Aug. 24, 2017 -
Smucker's cuts earnings outlook as lower Folgers sales weigh on business
The manufacturer, best known for its jams and jellies, posted sales 4% lower than a year ago with income down 20%.
By Megan Poinski • Aug. 24, 2017 -
Walmart and Google partner to challenge Amazon's Alexa
The retailer will not only sell through Google Voice, but offer shoppers in-store pickup to drive traffic across channels.
By Daphne Howland • Aug. 23, 2017 -
Retrieved from Kroger on August 23, 2017
Kroger launches home delivery test in Cincinnati
The grocery chain has partnered with a local service to offer $12 delivery from two area stores.
By Jeff Wells • Aug. 23, 2017 -
Walmart and Kroger join with suppliers for blockchain initiative
Companies throughout the industry will implement the technology in an effort to improve food safety and test widespread adoption.
By Jeff Wells • Aug. 23, 2017 -
Smithfield spends $100M to expand North Carolina pork facility
The move, which comes a week after Tyson Foods said it was investing $84 million to expand and upgrade a Tennessee poultry plant, shows growing consumer demand for protein.
By Erika Kincaid • Aug. 23, 2017 -
Cargill takes a stake in cell-cultured meat startup Memphis Meats
The protein giant didn't disclose the size of the investment, but it was part of $17 million in funding that also included Richard Branson and Bill Gates.
By Emma Liem Beckett • Aug. 23, 2017 -
KIND embraces health as it moves into the fruit snack category
The better-for-you brand’s launch of real fruit bites with no added sugar could disrupt the segment in much the same way it did for fruit and nut bars.
By Sandy Skrovan • Aug. 23, 2017 -
Blue Apron institutes temporary hiring freeze and fires workers
The staffing announcement comes as the meal kit pioneer has been hit with the departure of its COO, multiple lawsuits and a 50% drop in its stock price since its June 29 IPO.
By Christopher Doering • Aug. 23, 2017 -
Walmart expands Uber grocery delivery
With this latest move, the retail giant seeks to emphasize time and money-saving practices as other grocers challenge it for market share.
By Daphne Howland • Aug. 22, 2017 -
Report: Meijer restructures IT amid major grocery shifts
The move could affect up to 10% of department jobs as competition heats up in the food retail sector.
By Dan O'Shea • Aug. 22, 2017 -
Welch's re-launches soda, including grape-flavored fan favorite
As beverage makers race to reformulate the bubbly drink with less sugar and more natural sweeteners, the juice manufacturer's fruit flavors could give it a competitive health halo.
By Sandy Skrovan • Aug. 22, 2017 -
Opinion
Digital transformation for food manufacturing — a recipe for success
With companies under pressure to get new products to market faster, Jerry Browning, a senior advisor at IFS North America, has advice on how to make that happen.
By Jerry Browning • Aug. 22, 2017 -
Partnership aims to boost 3-D food printing use in professional kitchens
CSM Bakery Solutions and 3D Systems are working together on the development, sale and distribution of the futuristic product.
By Erika Kincaid • Aug. 22, 2017 -
Target remodels stores to focus on freshness and shopper experience
Changing up the music, adding LED lights and moving produce and grab-and-go items to the front are just a few adjustments the retailer hopes will increase sales.
By Jeff Wells • Aug. 22, 2017 -
Aldi reels in fresh-focused customers with discounted fish
Steep discounts on wild-caught salmon is another example of how the discounter is targeting high-value shoppers and expanding its fresh assortment.
By Jeff Wells • Aug. 21, 2017 -
B&G buys SnackWell's and Back to Nature for $162.5M
The two better-for-you brands started out under Mondelez's umbrella and were operated as a joint venture between the manufacturer and private equity firm Brynwood Partners.
By Megan Poinski • Aug. 21, 2017