Corporate Operations: Page 219
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National brands may lose out as private label products grow
With the rise of discounters such as Aldi and Lidl that stock their shelves with their own named items, large manufacturers may see their market share slip.
By Megan Poinski • July 24, 2017 -
FTC reportedly looking into Amazon's price listing practices
As it reviews the e-commerce giant's buyout of Whole Foods, the agency is probing a report that Amazon's reference prices mislead customers.
By Ben Unglesbee • July 21, 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 -
Anheuser-Busch buys energy drink maker Hiball
The U.S. subsidiary of the brewing giant diversifies its portfolio by investing in two of the fastest-growing non-alcoholic categories: energy drinks and sparkling water.
By Sandy Skrovan • July 21, 2017 -
Retrieved from PepsiCo on October 14, 2013
PepsiCo fills long vacant #2 executive slot with potential CEO successor
Company veteran Ramon Laguarta, now its president, was previously CEO of the Europe/Sub-Saharan Africa division. He will be in charge of areas such as strategy, productivity and innovation.
By Megan Poinski • July 21, 2017 -
Ahold taps into demand for buying local with popular producer profiles
The company’s “Fresh Stories” series profiles 30 area suppliers for its various banners, from Massachusetts lobstermen to Pennsylvania floral suppliers.
By Jeff Wells • July 21, 2017 -
Campbell leaving GMA at the end of the year, citing differences in 'purpose and principles'
The company's CEO said it will withdraw from the food industry's largest trade group after finding itself at odds with some of the group's positions.
By Christopher Doering • July 21, 2017 -
Snyder's-Lance keeps the Cape in Cape Cod Potato Chips
After considering moving the brand from its Massachusetts home, the snack company decided to stay put and pump $20 million into facility expansion and improvement.
By Sandy Skrovan • July 21, 2017 -
Alibaba completes rollout of 13 grocery stores
The new stores are part of the company's "New Retail" strategy, which aims to transform and digitize the 85% of the Chinese retail market that isn't online.
By Daphne Howland • July 20, 2017 -
Unilever's profit surges as personal care and food offset challenges in spreads
The household goods giant delivered on a promise to improve its performance after rejecting Kraft Heinz's $143 billion takeover bid earlier this year.
By Emma Liem Beckett • July 20, 2017 -
Bob Nichols. (2013). "20130822-OC-RBN-2946" [photograph]. Retrieved from Flickr.
Perdue Farms to improve conditions at its facilities and slaughterhouses
As consumers demand better treatment of animals, the poultry processor is taking steps at its operations to reduce the suffering of its chickens.
By Sandy Skrovan • July 20, 2017 -
Jana Partners sells Whole Foods shares for $300M profit
The activist investor, which purchased an 8.2% stake in the natural and organic retailer in April, urged the company to pursue sale.
By Jeff Wells • July 20, 2017 -
Deep Dive
Campbell Soup CEO: M&A to play 'pivotal role' in evolving product portfolio
The food maker has made five acquisitions during the last six years — including its recent Pacific Foods deal — to increase its presence in the fast-growing health and well-being space.
By Christopher Doering • July 20, 2017 -
Blue Apron under investigation after disastrous IPO
With stock prices down almost 40% since its June 29 debut, law firm Harwood Feffer LLP is looking into whether the meal kit company's board breached its fiduciary duty to investors.
By Megan Poinski • July 19, 2017 -
Snyder's-Lance invests $7.8M in expanding better-for-you bakery
The snack maker is investing for growth, which could be stymied by stiff competition from stalwarts like Frito-Lay and a host of emerging health-focused items.
By Sandy Skrovan • July 19, 2017 -
Russell Stover hires new CEO to sweeten brand building
Andrew Deister was previously president and CEO of Robert Rothschild Farm, a specialty food company.
By Christopher Doering • July 19, 2017 -
Nestle Waters plans new ReadyRefresh distribution center in Atlanta
The 25,000-square-foot facility will deliver Nestle-owned bottled water and beverage products as part of the company's push to expand its national reach.
By Emma Liem Beckett • July 19, 2017 -
McCormick spices up portfolio with $4.2B deal to buy Reckitt Benckiser's food division
The acquisition of Frank's RedHot Hot Sauce and French's Mustard strengthens the spice maker's position in flavor as consumers look to healthy, tastier foods.
By Christopher Doering • July 19, 2017 -
Lidl fires back at Kroger over private label lawsuit
Lidl says Kroger offers no evidence to support its claim that the discounter’s Preferred Selection store brand infringes on the grocer’s Private Selection brand.
By Jeff Wells • July 19, 2017 -
Kroger to contribute $1B to employee benefits fund
The grocer sees the one-time payment as a “strategic opportunity” given current interest rates and looming changes to the U.S. tax code.
By Jeff Wells • July 18, 2017 -
UFCW files complaint with FTC over Amazon-Whole Foods deal
The workers’ union claims the deal will lead to job losses and ultimately limit the number of supermarkets where consumers can shop.
By Jeff Wells • July 18, 2017 -
Report: Every Hampton Creek board member quit — except the CEO
The departure of the company's directors is the latest turmoil in executive ranks where senior managers have been fired and the COO and CFO lost their jobs.
By Megan Poinski • July 18, 2017 -
PepsiCo brings indulgent soda experience to Hersheypark
BBlz "bubble makers" combine soft drinks with custom-blended foams and Hershey's candy to create unique beverages at the theme park.
By Emma Liem Beckett • July 18, 2017 -
Unilever battling Spam maker Hormel for Reckitt food business
The division, which includes ketchup, yellow mustard and Frank’s Red Hot sauces, could sell for more than $2.9 billion.
By Christopher Doering • July 18, 2017 -
Pilgrim's Pride CEO advocates for transparency in chicken farming
The poultry executive said there is a widening gap between the consumers' perception of where the food they eat comes from and the reality of how it's produced.
By Sandy Skrovan • July 18, 2017 -
Flowers Foods offers buyouts to help position company for future growth
The maker of Wonder Bread and Tastykake does not know how many employees are likely to participate in the initiative, which will be completed by the end of the year.
By Christopher Doering • July 18, 2017
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