Corporate Operations: Page 23
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Courtesy of Hooters
Hooters launches line of frozen appetizers and snacks
The restaurant chain said the initial roll out of wings and popcorn chicken will be followed by other products later in 2024.
By Christopher Doering • June 18, 2024 -
Courtesy of Ahold Delhaize USA
Kellanova to make Cheez-It crackers with regenerative wheat for East Coast grocery stores in unique pilot
Ahold Delhaize USA, owner of Food Lion, Giant Food and Stop & Shop, is teaming with the snacking giant and grain cooperative Bartlett to reduce emissions from field to shelf.
By Sarah Zimmerman • June 18, 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 -
Courtesy of Athletic Brewing
Athletic Brewing buys second San Diego facility
The nonalcoholic beer category leader is expanding its manufacturing footprint in order to capitalize on the growth of its brews.
By Chris Casey • June 17, 2024 -
Courtesy of Nestle
Nestlé taps into limited-time offerings to boost relevance of DiGiorno pizza
Products with unique toppings tied to the Deadpool & Wolverine movie are designed to increase shelf space and deepen the brand’s relationship with consumers, the food company said.
By Christopher Doering • June 17, 2024 -
Permission granted by Lotus Bakeries
Mondelēz CEO says Biscoff will play “unique role” in snack giant’s portfolio
The packaged goods company recently partnered to develop products combining Biscoff's taste and texture with Mondelēz’s chocolate brands.
By Christopher Doering • June 17, 2024 -
AndrisTkachenko via Getty Images
CBD producers push back against ‘devastating’ farm bill amendment
The proposal would prevent the sale of synthetic THC-infused products made from hemp delta-9 that are not derived from the cannabis plant.
By Chris Casey • June 14, 2024 -
CFO Editorial Staff
Tyson Foods CFO suspended after arrest for intoxicated driving
This is the second alcohol-related incident for John R. Tyson since taking the executive role less than two years ago.
By Nathan Owens • June 14, 2024 -
Tim Boyle via Getty Images
Hershey looks to prioritize sustainable cocoa sourcing
The Hershey Company says it’s committed to enhancing its 100% independently verified cocoa supply chain by striving for full sourcing visibility.
By Elizabeth Flood • June 13, 2024 -
Permission granted by Accolade Wines
ColumnThe Weekly Sip: L.A. Libations to launch startup beverage incubator | Dolly Parton, Snoop Dogg debut alcohol offerings
The incubator announced a new venture to help brands grow quicker, and the music superstars aim to impress drinkers with their latest products.
By Food Dive staff • June 13, 2024 -
Lauren DeCicca via Getty Images
From lager to leaf: Behind Green Thumb’s bid for Boston Beer merger
Joining forces could allow the new entity to innovate in categories including edibles and drinks, the cannabis company’s CEO said.
By Chris Casey • June 13, 2024 -
Courtesy of Mondelez International
Mondelēz and Biscoff owner Lotus Bakeries partner to develop new products
The companies will create offerings that meld the flavor and texture of the popular cookie with Mondelēz's Cadbury, Milka and other chocolate brands.
By Christopher Doering • June 13, 2024 -
Retrieved from La Colombe.
Q&AInside Chobani’s integration of its $900M acquisition of La Colombe
The Greek yogurt giant has spent $30 million to improve its La Colombe plant in Michigan and to increase pay and benefits for the coffee brand’s workforce.
By Christopher Doering • June 12, 2024 -
Christopher Doering/Food Dive
Energy drink giant Celsius considers move into food, water
CEO John Fieldly said any entrance into “adjacent categories” would be several years away and that the beverage company remains focused on growing its signature offering.
By Christopher Doering • June 11, 2024 -
Courtesy of Throne Sport Coffee
Throne Sport Coffee’s CEO saw an opening for an RTD coffee with less sugar
Beverage industry veteran Mike Fedele enlisted NFL star Patrick Mahomes to launch a caffeinated drink with nutritional attributes others in the category lack.
By Chris Casey • June 10, 2024 -
Permission granted by Conservation Alliance for Seafood Solutions
OpinionThe seafood industry must recognize that healthy seas require safeguarding human rights
On World Oceans Day, a fun spotlight is often put on the need to safeguard our ecosystems. Behind the festivities is a sobering reality check that goes beyond the health of our waters.
By Ryan Bigelow • June 7, 2024 -
Retrieved from Taco Bell.
Taco Bell brings Kellanova’s Cheez-It to the menu
The Big Cheez-It Crunchwrap Supreme and Big Cheez-It Tostada feature a cheesy cracker that is 16 times larger than its typical snacking size.
By Christopher Doering • June 6, 2024 -
Courtesy of Funny Water
Why Funny Water’s CEO believes alcohol-infused water is no laughing matter
Jarrett Malnarich said the beverage appeals to consumers looking for a light buzz and no carbonation.
By Chris Casey • June 6, 2024 -
Noam Galai/Getty via Getty Images
Pepsi’s CMO Todd Kaplan departs after reinvigorating the beverage offering
After nearly two decades at PepsiCo, the marketing executive who oversaw the flagship brand's turnaround and visual overhaul will pursue a new opportunity.
By Chris Kelly • June 5, 2024 -
Megan Poinski/Food Dive
OpinionCan agile supply chains ease pressures for FMCGs?
To best navigate the fallout of geopolitical conflicts, inflation and unpredictable demand, CPGs should look toward cultivating an adaptable strategy.
By Katy Gallagher • June 5, 2024 -
Permission granted by Liquid Death
Liquid Death names former PepsiCo, Keurig Dr Pepper exec as CFO
The fast-growing startup known for its canned water has entered new beverage categories while adding executives to its C-suite with prior experience in the sector.
By Christopher Doering • June 4, 2024 -
Courtesy of Schwan's
Schwan’s company promotes from within for next CEO
Brian Schiegg is taking the reins at the CJ Foods subsidiary known for brands such as Red Baron pizza and Edwards pies.
By Elizabeth Flood • June 3, 2024 -
Justin Sullivan via Getty Images
Chobani founder and CEO buys Anchor Brewing
Billionaire Hamdi Ulukaya purchased the oldest craft brewery in the U.S., which closed last year, for an undisclosed amount.
By Chris Casey • June 3, 2024 -
Courtesy of BodyArmor Sports Nutrition
Q&AInside the nonalcoholic beverage incubator big and small companies turn to for advice
L.A. Libations, which has served as an accelerator for Body Armor, Core and Athletic, has a reputation for spotting trends and helping nascent brands navigate the growing popularity of booze-free drinks.
By Christopher Doering • June 3, 2024 -
Courtesy of AriZona Beverages
ColumnLeftovers: AriZona chills out with ice pops | Kit Kat beats the heat with pink lemonade flavor
The popular iced tea brand is getting cooler for summer while Iron Chef Ming Tsai unveils better-for-you frozen breakfast items.
By Food Dive staff • May 31, 2024 -
Courtesy of Hormel
Turkey pressures Hormel profits
Despite challenges from bird flu and inflation weighing on its sales, the Minnesota-based company saw gains in Planters, Corn Nuts and other snacks.
By Chris Casey • May 31, 2024
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