Corporate Operations: Page 218
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Stevia ingredients boost vanilla and cocoa flavors
PureCircle's new offerings can be labeled as “natural flavors” on ingredient lists and allow manufacturers to use less of the flavoring items, both of which have seen price volatility.
By Caroline Macdonald • July 27, 2017 -
Mars and Danone invest in sustainable Madagascan vanilla
By connecting producers more directly to the market, the Livelihoods Fund for Family Farming aims to return about 60% of the extract's value directly to farmers during the next decade.
By Caroline Macdonald • July 27, 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 -
AB InBev brews strong Q2 earnings despite struggles in US beer market
The beer giant reported revenue and volume growth driven by cost cuts and global sales of top brands like Budweiser, Stella Artois and Corona.
By Jeff Wells • July 27, 2017 -
Dr Pepper Snapple's earnings drop from debt and Bai expenses
As volumes of most of the company's beverages continue to grow, the added expenses from this quarter may turn into future profit.
By Megan Poinski • July 27, 2017 -
Whole Foods same-store sales keep falling as Amazon merger looms large
This is the eighth straight quarter the natural and organic grocery retailer posted negative same-store sales — but those numbers turned positive in the last three weeks.
By Jeff Wells • July 27, 2017 -
Cost cuts pay off for Diageo as stock reaches all-time high
The world’s largest spirits company continues to perform through higher margins, increased productivity and organic sales growth.
By Davide Savenije • July 27, 2017 -
Judge rules against Kroger in first round of lawsuit against Lidl
A federal judge in Richmond denied the Ohio-based grocer's request to halt sales of the discounter's Preferred Selection store brand, which it argues is too similar to its Private Selection brand.
By Jeff Wells • July 27, 2017 -
Pinnacle earnings drop after unconventional quarter
The abrupt discontinuation of 16 frozen Aunt Jemima breakfast products hit the company's bottom line hard, but the impacts were contained to this quarter and could be tailwinds for the rest of the year.
By Megan Poinski • July 27, 2017 -
The shakeout begins: Blue Apron COO steps down
Matt Wadiak, company co-founder and a driving force behind its relationships with farmers and other food suppliers, will serve as a senior adviser to the company.
By Sandy Skrovan • July 27, 2017 -
Innovation and cost-cutting measures sweeten Hershey's Q2 earnings
The confectionery company reported net sales of $1.663 billion for the quarter, a 1.5% increase from the same period last year.
By Jeff Wells • July 26, 2017 -
Coca-Cola beats expectations as new CEO moves away from soda
Though net revenues are down, the beverage giant built more value share in its nonalcoholic ready-to-drink category, including sparkling soda, juices, and bottled tea and coffee.
By Megan Poinski • July 26, 2017 -
Residue of glyphosate found in Ben & Jerry's ice cream
The Unilever-owned brand responded by saying it wants to find out how trace amounts of the herbicide — a key ingredient in Monsanto's RoundUp — got into its products.
By Megan Poinski • July 26, 2017 -
Lucky's Market plans Florida expansion with 8 new Orlando stores
The discount natural and organic chain will open all the locations by the end of next year — and plans to have 22 throughout the Sunshine State by summer 2019.
By Jeff Wells • July 26, 2017 -
Hy-Vee planning grocery-convenience store hybrid in the Twin Cities
The retailer plans to build an 8,800-square-foot store that offers groceries, prepared foods and a Starbucks Coffee location in addition to fuel service.
By Jeff Wells • July 26, 2017 -
Supervalu misses earnings estimate as wholesale business continues to expand
The company’s wholesale operations saw net sales grow by 12.4% over last year’s Q1, while retail net sales declined 2.7% and comp store sales dropped 4.9%.
By Jeff Wells • July 25, 2017 -
Growing demand for potatoes propels Lamb Weston to another profitable quarter
The former Conagra business unit saw growth across segments, with a 5% increase in retail net sales and a 9% bump in foodservice.
By Megan Poinski • July 25, 2017 -
Millennials prefer wine and spirits, so Goldman downgrades Constellation and Boston Beer
As drinking patterns shift, brewers should look at diversifying their portfolios to better meet the needs of younger consumers.
By Sandy Skrovan • July 25, 2017 -
Albertsons CEO: Company 'aggressively looking' to acquire small, regional chains
In an interview with the Idaho Statesman, Bob Miller said they are also focused on remodeling stores and scaling up online grocery delivery services.
By Jeff Wells • July 25, 2017 -
Deep Dive
Southern hospitality: Will Publix's service-first approach continue to pay off?
The 87-year-old grocery chain hopes to defend its home turf and conquer new markets with a strategy that’s made it an industry favorite.
By Jeff Wells • July 25, 2017 -
Report: Maker of Lemonheads and Red Hots may bid on Nestle's US confectionery business
The purchase by Ferrara Candy would add popular brands such as Butterfinger, Crunch and Baby Ruth to the company's roster of gum, hard candies and gummies.
By Christopher Doering • July 25, 2017 -
Get it while it's hot: Tabasco releases limited edition Scorpion Sauce
The new mouth burner is 20 times hotter than its traditional condiment and puts the spotlight on the legacy brand in the fast-growing category.
By Caroline Macdonald • July 24, 2017 -
Study: High expectations for Amazon-Whole Foods merger
As the companies proceed with the deal, shoppers expect the e-commerce giant to bring better prices and convenience to the upscale grocer, according to new research.
By Daphne Howland • July 24, 2017 -
As chain grocery wars heat up, small stores are struggling to keep pace
Community roots and underdog appeal oftentimes are not enough to overcome the superior prices and selection offered by the big-name chain grocers.
By Jeff Wells • July 24, 2017 -
Campbell Soup set to reel in older kids with new Goldfish line
The food maker is betting on new, intense flavors to win over big kids and better-for-you products that appeal to moms in an attempt to keep those children as consumers as they grow up.
By Sandy Skrovan • July 24, 2017 -
Deep Dive
'We must be bold': How Campbell Soup is adapting to food's rapidly changing future
In interviews with Food Dive, top executives said the firm is evolving its product mix and trying to seize opportunities in e-commerce.
By Christopher Doering • July 24, 2017
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