Corporate Operations: Page 213


  • 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
  • DanoneWave execs join Amplify as it aims to grow into 'multi-billion dollar' brand

    The two new executives bring decades of experience in the food sector, including expertise in M&A and brand growth. 

    By Erika Kincaid • Sept. 14, 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
  • Costco's Kirkland Signature growth pressures name brands

    The club retailer makes no qualms about replacing items that fail to deliver on pricing and innovation with private label products, which already generate about 25% of store sales. 

    By Sandy Skrovan • Sept. 14, 2017
  • With $44M in funding, Ripple shows peas could be the future of dairy alternatives

    The Silicon Valley startup has sold 2.5 million bottles of beverages made from yellow peas since it first appeared in the marketplace last April.

    By Cathy Siegner • Sept. 14, 2017
  • United Natural Foods reports strong sales to finish out fiscal 2017

    The wholesaler’s $2.34 billion in sales and $38.9 million in revenue beat estimates, though questions linger about its future following Whole Foods’ sale to Amazon.  

    By Jeff Wells • Sept. 14, 2017
  • Whole Foods opens new look 365 store in Ohio

    The location is one of 17 under development, though some observers wonder about the format’s future under Amazon.

    By Jeff Wells • Sept. 13, 2017
  • Avocado prices soar amid supply squeeze

    A shortage of the product coming from Mexico is blamed for the higher cost  —  not the trendiness of the healthy green fruit among millennials.

    By Erika Kincaid • Sept. 13, 2017
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    Hampton Creek
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    Hampton Creek obtains patent for unique plant protein scanning process

    The company has automated a system for researching plant proteins by breaking them down to the molecular level and searching for desirable properties — like emulsification, protein content and thermal stability.

    By Sept. 13, 2017
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    Dollar General
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    Opinion

    The art of retail war: How to beat your competitors and dominate your category

    Frank Brogie, who leads the content development team at Repsly, explains how food manufacturers can get their products on retail shelves and entice consumers to buy them.

    By Frank Brogie • Sept. 13, 2017
  • Whole Foods saw a 25% traffic boost in the first two days of Amazon ownership

    During the natural and organic retailer's first week under the e-commerce giant, share of visits at competitor Trader Joe’s dropped 1%, while Kroger’s fell 2.7%.  

    By Jeff Wells • Sept. 12, 2017
  • Florida grocery chains work to reopen following Hurricane Irma

    Some supermarkets in the Sunshine State have bare shelves, damaged stores and a lack of power preventing them from resuming normal operations.

    By Erika Kincaid • Sept. 12, 2017
  • Hostess aims to sweeten market share with innovative treats

    In an effort to reposition itself in the crowded U.S. baked goods market, the snacks maker is introducing new products such as chocolate peanut butter Twinkies and cinnamon sugar crunch Donettes.

    By Cathy Siegner • Sept. 12, 2017
  • The Fresh Market names Winn-Dixie veteran CEO

    Larry Appel takes over for interim chief Brian Nicholson after the retailer's former leader Rick Anicetti left the natural and organic grocer in June.

    By Jeff Wells • Sept. 12, 2017
  • Annie's founder joins organic baby food startup as CEO

    After founding and then leading the well-known company for 17 years — including three years after its acquisition by General Mills — John Foraker now wants to create a "disruptive force" at Once Upon a Farm.

    By Cathy Siegner • Sept. 12, 2017
  • Pilgrim's Pride buys poultry unit from parent JBS in $1.03B deal

    The sale of Moy Park to a subsidiary comes as the scandal-plagued Brazilian company looks to pay for mounting legal costs following a corruption investigation.

    By Cathy Siegner • Sept. 11, 2017
  • Kellogg focuses on e-commerce growth

    By dropping the direct-store delivery model, the company is transitioning investment from traditional marketing and retail channels to focus more on digital and e-commerce. 

    By Sandy Skrovan • Sept. 11, 2017
  • Supervalu expects wholesaling to become 'dominant' strategy

    At a conference, CEO Mark Gross said the company is increasingly focused on its distribution operations, which should bring in $11 billion annually compared to $5 billion from its stores. 

    By Jeff Wells • Sept. 11, 2017
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    Retrieved from Target on June 16, 2017
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    Target cuts prices on groceries and other consumables

    In a blog post last week, chief merchandising officer Mark Tritton promised the retailer will lower prices on cereal, baby formula, paper towels and hundreds of other items.

    By Jeff Wells • Sept. 11, 2017
  • Kroger withdraws private label lawsuit against Lidl

    The two sides agreed to dismiss the suit filed in June with prejudice, meaning the biggest U.S. supermarket operator cannot revisit the case or file a similar lawsuit in the future. 

    By Jeff Wells • Sept. 11, 2017
  • Conagra revamps frozen meal brands to woo millennials

    The food manufacturer's Banquet, Marie Callender's and Healthy Choice brands are part of a $2.9-billion business ripe for change to attract new consumers.

    By Cathy Siegner • Sept. 8, 2017
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    Megan Poinski
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    Kroger profits fall 7% while same-store sales turn positive

    The grocer posted a better-than-expected same-store sales increase of 0.7% while earnings hit $353 million, or $0.39 per diluted share.

    By Jeff Wells • Sept. 8, 2017
  • Sprouts CEO sees home delivery as the way forward for e-commerce

    Amin Maredia said his company has increased its stores’ market reach with delivery, and will likely expand to other e-commerce platforms beyond Amazon Prime Now.

    By Jeff Wells • Sept. 8, 2017
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    Jeff Wells
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    Discounts are driving traffic to Whole Foods

    Analysis shows the retailer’s average prices dropped only slightly following its acquisition by Amazon, but the cuts were successful in grabbing the attention of shoppers.

    By Jeff Wells • Sept. 8, 2017
  • Survey: Food and beverage firms bullish on sales and profits despite challenges

    Most of the more than 200 companies sampled by Mazars predicted they would benefit from industry trends favoring both private label and healthy/nutritious products.

    By Cathy Siegner • Sept. 8, 2017
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    Organic Grains
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    New website features milled-to-order flour for consumers

    The question is whether they want to be able to purchase artisan flour, given current gluten-free and convenience-focused trends.

    By Cathy Siegner • Sept. 7, 2017