Corporate Operations: Page 22
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Liudmila Chernetska via Getty Images
Pernod Ricard creates dedicated US whiskey company
The Jameson maker is growing its spirits operations following investments in brands such as Rabbit Hole and Jefferson’s.
By Chris Casey • July 15, 2024 -
Permission granted by Nestle
Nestlé’s Nespresso opening ‘immersive’ coffee boutiques across US
The outlets are tailored to Gen Z and others wanting to learn more about coffee and establish a deeper connection with the premium brand.
By Christopher Doering • July 15, 2024 -
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 -
Anna Moneymaker via Getty Images
Tyson agrees to sell Georgia poultry complex
The deal with House of Raeford Farms comes after months of cost cutting at the meat and poultry giant, including plant closures and layoffs.
By Nathan Owens • July 12, 2024 -
Retrieved from Instagram on July 10, 2024
Deep DiveHow influencers are changing the way food and beverage companies harness social media
The days of relying on expos and conventions are long gone. Companies are now embracing Instagram and TikTok and working with influencers to stay relevant.
By Elizabeth Flood • July 11, 2024 -
Courtesy of Chobani
Chobani introduces shelf-stable low-fat dairy milk for a cause
Super Milk, which will not be sold in stores, is being manufactured as a donation to communities facing natural disasters or food insecurity.
By Christopher Doering • July 9, 2024 -
Courtesy of Athletic Brewing
Nonalcoholic beer maker Athletic boosts coffers with $50M investment
The financing round, which values the brewer at around $800 million, will help fund the fast-growing company’s expansion efforts.
By Christopher Doering • July 9, 2024 -
Permission granted by Oatly
Oatly ushers in US chief customer officer
Beverage industry veteran Christopher Link plans to drive trial through retail partnerships and further connecting internal teams.
By Elizabeth Flood • July 9, 2024 -
Stock via Getty Images
ADM teams with Smucker for regenerative peanut program
In partnership with the National Black Growers Council, the companies aim to make it easier for peanut farmers to improve their soil health and carbon intensity.
By Nathan Owens • July 8, 2024 -
Nikola Stojadinovic via Getty Images
Tyson Foods scales back its antibiotic-free beef pledge
The meat processing giant said last year it would reintroduce antibiotics into some of its chicken products after removing them in 2017.
By Chris Casey • July 3, 2024 -
WS Studio via Getty Images
OpinionWhat the Chevron decision might mean for FDA’s nutrition policy agenda
The Supreme Court ruling may lead to a challenge on a host of food-related initiatives from the agency, including FSMA and updated guidance on sodium reduction, writes DSM Strategic Communications founder Sean McBride.
By Sean McBride • July 2, 2024 -
Permission granted by Athletic Brewing
Beer giants lifting nonalcoholic space with ‘non-compromising’ launches: Athletic CEO
Just five years ago, top brands were absent from the market. Today, Blue Moon, Guinness, Corona, Heineken and Bud offer no- and low-alcohol versions of their popular brews.
By Christopher Doering • July 2, 2024 -
Courtesy of Herbruck's Poultry Ranch
Cal-Maine buys egg producer for $110M to grow presence in the Northeast
The purchase of ISE America expands the company’s dominant position in the protein with the addition of nearly 5 million egg-laying hens to its portfolio.
By Chris Casey • July 1, 2024 -
Courtesy of Kellanova
Why Kellanova sees Pringles as its gateway to snacking domination
The snacking giant is betting on its ability to grow the chip offering into a $4 billion brand through a diverse array of flavors and formats.
By Chris Casey • July 1, 2024 -
Courtesy of Tilray Brands
Cannabis producer Tilray debuts nonalcoholic beer Runner’s High
Despite having its roots in marijuana, the Canadian company is diversifying its revenue stream by entering the trendy category.
By Chris Casey • June 28, 2024 -
Courtesy of Kellanova
ColumnLeftovers: Cheez-It joins forces with Hidden Valley Ranch | Kellogg, Crumbl bring cookies to cereal
The fan-favorite salad dressing and the classic cracker collaboration will hit shelves in July. In other news, Drumstick meets Slurpee in an ice cream cone at 7-Eleven stores.
By Food Dive staff • June 28, 2024 -
Courtesy of Más+ Next Generation Beverage Co.
ColumnThe Weekly Sip: Lionel Messi enters hydration drinks game | NFL’s Gronkowski invests in Casa Azul
In other beverage news, a newly launched tequila brand aims to blend Mexican and Indian culture.
By Food Dive staff • June 27, 2024 -
Courtesy of Renais
Emma Watson brings premium gin brand to the US
The Harry Potter actress and her brother are expanding distribution for their spirit as consumers demand more higher-end options of the popular alcohol.
By Chris Casey • June 27, 2024 -
Courtesy of Perdue Farms
Why Perdue Farms isn’t giving up on ‘no antibiotics ever’ chicken
The poultry giant outlines why it's still committed to the label as Tyson Foods and restaurant chains like Chick-fil-A withdraw their policies.
By Sarah Zimmerman • June 27, 2024 -
Courtesy of Lifeway Foods, Inc.
Why Lifeway’s CEO believes dairy is driving gut health boom
Julie Smolyansky said the kefir and cultured cheese manufacturer reported record sales in 2023 due to the probiotics and nutritional benefits of its products.
By Chris Casey • June 26, 2024 -
Courtesy of Upside Foods
1 year later: Strides and hiccups for the cultivated meat industry
Two chicken products were approved for sale in the U.S. last June but factory-grown meat products are still facing headwinds like access to capital.
By Elizabeth Flood • June 26, 2024 -
Mario Tama via Getty Images
Q&AMondelēz, Ahold Delhaize CEOs discuss how businesses can be better stewards of the planet
Dirk Van de Put and Frans Muller are co-chairs of The Consumer Goods Forum, a group of nearly 400 global companies taking on issues such as deforestation, human rights and food waste.
By Christopher Doering • June 25, 2024 -
Courtesy of Nestlé
Nestlé introduces sustainably sourced chocolate brand
The confectionery offering, which uses cocoa certified by the Rainforest Alliance, will be available in airports around the world.
By Christopher Doering • June 24, 2024 -
Permission granted by Pladis
Godiva owner poised to top $1B in US sales with a slimmed-down portfolio
A Pladis executive says the company has rapidly grown sales through the ultra-premium chocolate and other brands, such as Turtles and Flipz, by being “more comfortable with risk” than its competitors.
By Christopher Doering • June 24, 2024 -
Courtesy of Campbell's Soup
ColumnLeftovers: Campbell’s brings the heat with new soups | Pilgrim’s pulls out all the stops for chicken snacks
The new soup offerings follow rising demand for spicy flavors, and Premier Protein muscles into breakfast with pancake and waffle mixes.
By Food Dive staff • June 21, 2024 -
Courtesy of Garage Beer
ColumnThe Weekly Sip: Jason and Travis Kelce join Garage Beer | DavidsTea brings a spark to RTD drinks
The NFL stars have become co-owners of the Ohio-based light beer, and New Jersey’s Asbury Park Brewery is using AI to create its latest offering.
By Food Dive staff • June 20, 2024
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