Corporate Operations: Page 220
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Conagra profit dips 18%, beating analyst expectations
The maker of Reddi-wip and Chef Boyardee reported net income of $152.5 million for Q1 2018, attributing the results to the higher costs of expanding its product footprint.
By Emma Liem Beckett • Sept. 28, 2017 -
Mackey: Whole Foods escaped a 'trap' with Amazon's acquisition
Speaking at an executive conference last week, the Whole Foods CEO said Amazon has freed the natural and organic grocer from its high-price image.
By Jeff Wells • Sept. 28, 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 -
Hain Celestial to give up board seats after deal with activist investor
The agreement with Engaged Capital could make it more likely that the organic and natural foods maker, long considered a takeover target, is sold.
By Christopher Doering • Sept. 28, 2017 -
Kellogg's board appoints new CEO for struggling cereal maker
Steven Cahillane, formerly president and CEO of Nature’s Bounty, will take over the top position from John Bryant, who is retiring after seven years at the helm.
By Jeff Wells • Sept. 28, 2017 -
McCormick sales benefit from demand for healthy and flavorful food
The spice maker also increased its outlook for its 2017 fiscal year to reflect acquisitions and growth momentum, with sales expected to grow by up to 10%.
By Cathy Siegner • Sept. 27, 2017 -
Heineken taps a wild yeast to brew its new beer
The company’s latest formula, using something recently discovered growing on an Argentina mountainside, could be the start of a new category that could stand beside ales, lagers and sours.
By Sandy Skrovan • Sept. 27, 2017 -
Cub Foods is the front line for Supervalu's prepared foods strategy
The retailer-wholesaler is battling Hy-Vee’s encroachment into the Twin Cities with discounts on its new Quick & Easy meals.
By Jeff Wells • Sept. 27, 2017 -
Deep DiveWhy the beleaguered food industry is in activist investors' crosshairs
With slowing growth, changing consumer tastes and plunging stock prices, more companies are likely to join Nestle, Hain Celestial, Whole Foods and Danone as targets of investor pressure.
By Christopher Doering • Sept. 27, 2017 -
Unilever's Lipton brand introduces new line of wellness teas
The product, which will be available in flavors such as Stress Less and Sooth Your Tummy, takes advantage of the popularity of functional foods and beverages with consumers.
By Erika Kincaid • Sept. 27, 2017 -
Retrieved from Chobani on July 20, 2016
Chobani names seven startups for its next incubator class
The companies will be joining forces with the yogurt manufacturer to disrupt and revitalize food systems and bring better options to more people.
By Cathy Siegner • Sept. 27, 2017 -
Ahold Delhaize may add restaurants to make stores 'more exciting,' says CEO
In the wake of Amazon’s acquisition of Whole Foods, supermarkets need to become experiential destinations as well as places to shop, according to Dick Boer.
By Jeff Wells • Sept. 26, 2017 -
Activist target Nestle hikes growth and profit margin targets
The Swiss company has been under pressure to make changes since investor Dan Loeb's Third Point hedge fund bought 1.25% of its shares in June.
By Cathy Siegner • Sept. 26, 2017 -
Amazon and Walmart outscore supermarkets on online grocery satisfaction
Ease of use, convenience and time-saving aspects are tipping the scales away from shopping in-store, according to a Retail Feedback Group study.
By Sandy Skrovan • Sept. 26, 2017 -
Godiva's corporate parent will not take over Nestle's candy business
Pladis, the Turkish company that owns the premium chocolatier and European biscuit brands, will be concentrating on expanding its high-end sweets.
By Cathy Siegner • Sept. 26, 2017 -
Mars Foods relocates headquarters to Chicago from Los Angeles
An increasingly formidable presence in the Midwestern city gives the company access to top industry talent and resources that could spur innovation and growth.
By Sandy Skrovan • Sept. 26, 2017 -
Skippy P.B. Bites and Nando's Peri Peri sauce nab GMA innovation honors
The brands were recognized by the food trade group for showing creativity and risk taking as well as the impact their innovations had on the broader industry.
By Erika Kincaid • Sept. 26, 2017 -
Bolthouse Farms launches pea-based plant protein milks
Is the Campbell's Soup-owned brand's first foray into the dairy case enough to turn around the company's C-Fresh division?
By Erika Kincaid • Sept. 25, 2017 -
Kroger launches online portal for local product suppliers
The grocer’s move to source more emerging brands follows Whole Foods’ announcement that it will further centralize its purchasing.
By Jeff Wells • Sept. 25, 2017 -
Whole Foods fights for relevance in low-income Chicago neighborhood
One year after opening, the grocer’s Englewood location has provided local jobs and won over some shoppers, but wider acceptance within the community remains elusive.
By Jeff Wells • Sept. 25, 2017 -
Gatorade pays $300,000 to settle lawsuit over misleading message on water
The California attorney general filed a complaint after the mobile game "Bolt" slowed players down when they touched droplets — but sped them up when they touched the energy drink.
By Erika Kincaid • Sept. 25, 2017 -
Giant Eagle revamps loyalty program, adding food and fuel discounts
An updated fuelperks+ scheme in central Ohio provides added flexibility both in how shoppers accumulate and apply rewards, which could better position the regional retailer in an ultra-competitive marketplace.
By Sandy Skrovan • Sept. 25, 2017 -
Deep Dive
Taking it to the Next Level: How Whole Foods partnered with a red-hot vegan burger joint
The plant-based restaurant got its two locations inside the natural grocer's stores after impressing an executive chef. "There’s a real appetite for this, even for people who wouldn’t classify themselves as vegan," said a spokeswoman.
By Jeff Wells • Sept. 25, 2017 -
Walmart is testing home delivery direct to the fridge
Customers who use the service, which requires a keyless lock, can request their groceries be put away when they are not home.
By Daphne Howland • Sept. 22, 2017 -
Whole Foods to further centralize buying operations and bar brand reps from store
The Amazon-backed grocer aims to increase efficiency, but critics say these moves will shrink the marketing and availability of popular niche brands.
By Jeff Wells • Sept. 22, 2017 -
Aldi begins accepting contactless payment
The hard discounter, which was slow to accept credit cards, now takes Apple Pay, Android Pay and other device-based paying at all of its nearly 1,700 stores.
By Sandy Skrovan • Sept. 22, 2017
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