Corporate Operations: Page 217
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Trader Joe's scales back its store expansion plans
The specialty grocer opened 14 locations in 2017, falling below its previous pace of 23 per year, even as Lidl, Aldi and Amazon's Whole Foods increase their presence.
By Emma Liem Beckett • Oct. 16, 2017 -
Siggi's Icelandic yogurt considering a possible sale
Potential bidders for the popular brand, which is growing sales at a rate of 50% annually, could include Dean Foods, General Mills or PepsiCo.
By Erika Kincaid • Oct. 16, 2017 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 5 stories from Food Dive
The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future.
By Food Dive staff -
Hostess hopes its Molten Lava Ding Dongs catch fire with consumers
The microwaveable treat is the latest twist on a classic — with Deep Fried Twinkies and Sno Balls popsicles among other innovations — that shows consumers still want to indulge.
By Erika Kincaid • Oct. 16, 2017 -
Deep Dive
Ahold Delhaize CEO focused on integration amid talk of Kroger deal
In an exclusive interview with Food Dive, CEO Dick Boer downplayed the possibility of acquiring another company in the wake of a rumor that the Netherlands-based grocer has hired advisers to explore a bid.
By Christopher Doering • Oct. 16, 2017 -
As large retailers process milk, dairy companies worry
Kroger, Albertsons and Walmart are moving into the dairy business, upending how traditional producers are able to make money with the low-margin commodity.
By Cathy Siegner • Oct. 16, 2017 -
Ahold strengthens consumer loyalty through digital investments
The grocer announced several milestones, including more than a million social media followers and a 179% spike in load-to-card digital coupon activations over the past year.
By Jeff Wells • Oct. 13, 2017 -
Pinnacle secretly recalls Birds Eye frozen peas
Pulling almost 25,000 cases of product from retailers nationwide due to potential listeria contamination — and the discreet way in which it was handled — may end up causing the food giant reputational and financial damage.
By Sandy Skrovan • Oct. 13, 2017 -
Analyst: Forget price cuts and focus on Whole Foods' delivery potential
Stephen Ju, an analyst with Credit Suisse, argues that Whole Foods’ opportunity to offer faster same-day delivery through Amazon Prime Now could be the company's biggest asset.
By Jeff Wells • Oct. 13, 2017 -
Thinking outside of the box: General Mills sponsors Rube Goldberg machine contest
Next year's 30th anniversary competition tasks students to build a funny and complex machine to pour a bowl of the legacy manufacturer's cereal.
By Cathy Siegner • Oct. 13, 2017 -
Hippeas quickens expansion plans with $10M in venture funding
The organic chickpea snack brand, which was launched in July 2016, plans to use the additional capital to help triple revenue in the coming year.
By Sandy Skrovan • Oct. 13, 2017 -
Can Harveys banner save a struggling Southeastern Grocers?
The retailer has been converting tired-looking Winn-Dixie units to the discount-oriented format to help it compete in a crowded marketplace.
By Sandy Skrovan • Oct. 13, 2017 -
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 -
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