Corporate Operations: Page 214
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Deep Dive
Private equity loves supermarkets, but do retailers benefit?
While they gravitate to the steady cash flow grocers produce, a focus on quick turnarounds and return on investment isn't always the best for retailers in a competitive market.
By Jeff Wells • Sept. 7, 2017 -
Report: Amazon sold recalled soy nut butter for months
At least one variety of I.M. Healthy's spread that was pulled off shelves in March for possible E. coli contamination continued to be available until this week, Food Safety News reports.
By Cathy Siegner • Sept. 7, 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 -
Retrieved from McDonald's on September 06, 2017
Coca-Cola, McDonald's brew up McCafe drinks for retail
The ready-to-drink coffee category dominated by Starbucks and partner PepsiCo will see another new entrant when the restaurant giant's popular beverage hits store shelves early next year.
By Sandy Skrovan • Sept. 7, 2017 -
Retrieved from Nestle on September 07, 2017
Nestle acquires plant-based food maker Sweet Earth
The purchase gives the Swiss company a foothold in a rapidly growing market segment that could top $5 billion in sales by 2020.
By Christopher Doering • Sept. 7, 2017 -
Study: Smaller fat particles make cold butter easier to spread
Researchers in Australia found reducing the size of milkfat globules improves the consistency of the dairy product and can also make low-fat cream easier to whip.
By Cathy Siegner • Sept. 7, 2017 -
Kroger looks to play the long game against Amazon
The retailer has slashed prices of late, but hopes its growing online footprint, private label investments and easing deflation can put it back on track for growth.
By Jeff Wells • Sept. 6, 2017 -
Kellogg will lay off 223 employees at its Michigan cereal plant
The company intends to eliminate the jobs — about one-tenth of its Battle Creek workforce — by the end of the year.
By Cathy Siegner • Sept. 6, 2017 -
From snack boxes to online grocery: UrthMarket is launching
Subscription service UrthBox will launch its new online market later this month and will try to draw consumers with cash-back offers and free membership.
By Sandy Skrovan • Sept. 6, 2017 -
Deep Dive
Q&A part 2: Hampton Creek CEO Josh Tetrick on internal controversies, thorny challenges and going public
In part two of our interview, the food startup's founder talked about how "tenacity of purpose is the most important thing" for people working for the company and meeting its mission.
By Megan Poinski • Sept. 6, 2017 -
Green Giant rolling out line of frozen veggie 'pasta'
The reinvigorated iconic brand is adding zucchini, carrot and butternut squash varieties to its lineup with plans to have them available in stores nationwide in January.
By Cathy Siegner • Sept. 6, 2017 -
Bob Nichols. (2013). "20130822-OC-RBN-2946" [photograph]. Retrieved from Flickr.
Tyson plans to open $320M chicken processing plant in Kansas
The new facility, which is scheduled to begin production in mid-2019, is the latest move by the meat giant to help it address growing consumer demand for protein.
By Cathy Siegner • Sept. 6, 2017 -
Deep Dive
Q&A: Hampton Creek CEO Josh Tetrick on fixing the degrading food system through clean meat and plant proteins
In the first part of our interview, the startup's founder affirmed they are "not betting it all on the conscious consumer" to achieve the company's mission of making it easy for people to eat better.
By Megan Poinski • Sept. 5, 2017 -
SpartanNash expands click-and-collect program
The grocer-wholesaler has partnered with Unata to expand upon a single-store pilot at its Family Fare banner, with plans to offer the service at 50 stores by the end of this year.
By Sandy Skrovan • Sept. 5, 2017 -
$6 avocado toast at Walmart: The mega-retailer branches out with an organic restaurant
Earlier this month, the store opened Grown, which serves up fare like $9 cold-pressed juices, inside one of its Orlando supercenters.
By Jeff Wells • Sept. 1, 2017 -
Regional grocer outsources technology network to Supervalu
Minnesota-based Jerry’s Foods will receive connectivity services, a help desk and other capabilities from the wholesaler.
By Jeff Wells • Sept. 1, 2017 -
A sweet partnership: Ferrero moves into Cornell's New York campus
The chocolate maker is hoping to elevate innovation and recruit graduates with the center on the Ivy League school's tech center.
By Erika Kincaid • Sept. 1, 2017 -
Hy-Vee diversifies with burger restaurant and fitness partnerships
The Midwestern grocer will become the largest Wahlburgers franchisee in the U.S., with 26 locations planned. It also will open exercise centers and offer programs with store dietitians.
By Jeff Wells • Sept. 1, 2017 -
Clear Labs nabs $16M in funding to advance food safety system
The company’s next-generation sequencing could help brands and retailers identify fraud, verify the authenticity of ingredients and improve the traceability and safety of their own products.
By Sandy Skrovan • Sept. 1, 2017 -
Lidl's private label Skyr yogurt wins top award
Hard discounters have been racking up best product wins lately, proving that food doesn't need to be expensive in order to be appreciated.
By Sandy Skrovan • Sept. 1, 2017 -
Warren Buffett says Kraft Heinz will not acquire Mondelez
The Berkshire Hathaway chairman and CEO's remarks sent several large CPG producers' stocks tumbling.
By Erika Kincaid • Aug. 31, 2017 -
Campbell Soup revenue falls again as CEO warns of 'challenging' environment
The maker of soups, carrots, juices and other products warned of industry headwinds including changing consumer preferences and new shopping behaviors.
By Christopher Doering • Aug. 31, 2017 -
Innophos buys Novel Ingredients for $125M
The merger strengthens the ingredient company’s ability to grow its food, health and nutrition portfolio, while allowing it to take advantage of trends such as energized aging and clean labels.
By Sandy Skrovan • Aug. 31, 2017 -
Aldi gains market share throughout the Midwest
Walmart still remains the top player in states such as Missouri and Kansas, but the discounter has made significant gains during the past year.
By Jeff Wells • Aug. 30, 2017 -
Bob Evans hikes 2018 guidance after Q1 sales jump
The Ohio company reported net sales were up 27.1% to $109.3 million from the same period last year, while adjusted earnings rose 38.3% to $19.5 million.
By Cathy Siegner • Aug. 30, 2017 -
Earth Fare rolls out low-price 'Clean Food Security' meals
The natural and organic retailer’s program features daily menu plans to feed a family of four for less than $10.
By Jeff Wells • Aug. 30, 2017