Corporate Operations: Page 233
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Wal-Mart seeks patent to automatically reorder groceries for consumers
The new technology would track consumers’ usage of everything from toothpaste to shoes and place new orders when they’re nearly depleted.
By Jeff Wells • May 8, 2017 -
Shipt expands markets with Publix and Costco in Florida
The e-commerce provider is competing with AmazonFresh and market leader Instacart for dominance in the grocery delivery space.
By Jeff Wells • May 8, 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 -
Schnucks taps former Anheuser-Busch exec as new president and COO
David A. Peacock has a track record as a successful businessman and is known for his dedication to bringing professional sports to St. Louis.
By Keith Loria • May 5, 2017 -
AB InBev and Heineken take over 2 craft breweries
As Lagunitas and Wicked Weed move to bigger corporations, it continues the pattern of large-scale consolidation in the beer industry.
By Keith Loria • May 5, 2017 -
Acquisitive growth powers strong earnings for B&G Foods
As it posted a net sales increase of 18.4% compared to a year ago, President and CEO Robert Cantwell said the company is ready for its next big purchase.
By Keith Loria • May 5, 2017 -
Publix and Wegmans keep stronghold as America's favorite grocery stores
The two supermarket chains routinely rank at the top using customer service, cleanliness and a wide selection of fresh and prepared foods to draw shoppers.
By Keith Loria • May 5, 2017 -
The grocery industry is tough, but the future could be all-out war
Increasing competition and changing consumer dynamics will result in more bankruptcies, consolidation and price reductions.
By Jeff Wells • May 5, 2017 -
Struggling TerraVia looking for buyer as losses mount
The food algae specialist is struggling with declining revenues and fallout from a recall last year involving its ingredients.
By Caroline Macdonald • May 5, 2017 -
Monster earnings receive jolt from ex-Coca-Cola energy drinks
Wells Fargo expressed caution about the company, citing growth in its international business and muted near-term expansion in the U.S.
By Caroline Macdonald • May 5, 2017 -
General Mills seeks patent for high protein oats
The cereal maker could use the new variety to develop grain-based products that are less likely to oxidize and contain a better flavor profile with a longer shelf life.
By Caroline Macdonald • May 4, 2017 -
Sprouts sales surge 14% in Q1
Amid rumors that Albertsons may acquire the specialty grocer, the company is focused on innovation, the consumer experience and infrastructure investment.
By Christopher Doering • May 4, 2017 -
Deep Dive
'A money grab': Dr Pepper, Coke execs blast soda taxes as bad for business
The soda makers say the taxes have been "devastating" in cities like Philadelphia and Berkeley, CA.
By Christopher Doering • May 4, 2017 -
Kellogg's Q1 profits rise through cost cuts, but cereal sales remain soggy
The legacy brand reported gains of nearly 50% over the first quarter of last year, but its revenue dipped to $3.26 billion.
By Emma Liem Beckett • May 4, 2017 -
Kraft Heinz earnings suffer from sales slump
After sales slipped 3.1% and a high-profile takeover bid for Unilever was rejected, the manufacturer has some ground to make up.
By Megan Poinski • May 4, 2017 -
Retrieved from TreeHouse Foods on July 01, 2016
TreeHouse Foods earnings reflect continued growth of private label brands
The manufacturer reported net sales of $1.5 billion, an increase of 20.9% over last year, and net income of $28.2 million.
By Keith Loria • May 4, 2017 -
Soda tax fails in Santa Fe
In a special election, 58% of voters rejected it — but some analysts say this defeat will not slow the momentum for additional sugary drink taxes.
By Keith Loria • May 4, 2017 -
Central Grocers files for bankruptcy
A day after major suppliers petitioned the court to force the troubled grocery company to liquidate, it voluntarily filed, citing the "increasingly difficult environment for independent supermarkets and retailers."
By Keith Loria • May 4, 2017 -
Deep Dive
What's next for an embattled Whole Foods?
The natural organic chain is facing mounting pressure from shareholders and needs to produce results quickly — or consider a sale.
By Jeff Wells • May 4, 2017 -
Fox Bros. Piggly Wiggly owners transfer stake to employees
The move allows the company's workers to be a part of the strategic plan going forward while sharing in the supermarket's growth.
By Keith Loria • May 4, 2017 -
Study finds water bottle labels are awash in confusion
Companies marketing the beverage use phrases such as “purified tap water,” “iceberg water” and “alkaline infused” to sell their drinks.
By Keith Loria • May 4, 2017 -
General Mills names new CEO
The change in leadership comes as the food maker faces seven straight quarters of declining sales.
By Christopher Doering • May 3, 2017 -
Molson Coors revenue surges following MillerCoors deal
Mark Hunter, the beer giant's CEO, said 2017 will be a transitional year for the company following the $12 billion acquisition.
By Christopher Doering • May 3, 2017 -
Mondelez's North American revenues drop amid 'challenging market conditions'
CEO Irene Rosenfeld said the company is addressing the nutritional profile of its portfolio "with urgency" as consumers clamor for healthier food.
By Megan Poinski • May 3, 2017 -
Marsh closes all in-store pharmacies
The move to slash operations may be another nail in the struggling Indiana grocer's coffin.
By Keith Loria • May 3, 2017 -
How grocers can better market their private labels
Albertsons Director of Marketing Bryn Banuelos encourages retailers to do things like engage social media influencers and create easy recipe ideas.
By Keith Loria • May 3, 2017
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