Corporate Operations: Page 234
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New Beanfields Snacks CEO touts possibilities and partnerships
ZICO Coconut Water founder and Powerplant Ventures partner Mark Rampolla will take no salary as he oversees the salty snacks company.
By Megan Poinski • July 6, 2017 -
SpartanNash CFO resigns after 1 year with the company
Chris Meyers is leaving his post due to “personal reasons,” effective July 14.
By Jeff Wells • July 5, 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 -
Amazon-Whole Foods deal could speed the decline of paper coupons
Experts say they expect the online retail giant to offer price matching and guaranteed low prices throughout Whole Foods.
By Jeff Wells • July 5, 2017 -
Report: Proposed SNAP cuts would mean $57.5B less for grocers
Walmart would be the hardest hit retailer, followed by Target and Aldi, according to a study by AlixPartners.
By Jeff Wells • July 5, 2017 -
Probability grocery stores will default rises with Amazon's Whole Foods bid
The median increased by nearly a third since the online company’s June 16 bid for the natural and organic retailer, according to S&P Global Market Intelligence.
By Jeff Wells • July 5, 2017 -
Lactalis buys organic yogurt maker Stonyfield for $875M
Danone was required to sell the U.S. dairy company as part of the agreement with the federal government to close its $10 billion deal with plant-based foods giant WhiteWave.
By Christopher Doering • July 5, 2017 -
Blue Apron CEO says Amazon's Whole Foods acquisition is 'good for us'
The meal-kit company's chief Matt Salzberg said the retail giant, which has struggled so far with its grocery operations, could help online food delivery evolve.
By Jeff Wells • June 30, 2017 -
Exercising its commitment to health, Hy-Vee plans a wellness-focused store
The proposed 17,000 square foot store, sited for western Des Moines, also includes a gym, pharmacy and medical clinic.
By Jeff Wells • June 30, 2017 -
Activist investor takes 10% stake in Hain Celestial
Engaged Capital said in a filing that it could decide to pressure the natural and organic company to put itself up for sale.
By Emma Liem Beckett • June 30, 2017 -
Study: Lidl running even with Aldi on price, but ahead of Walmart and Kroger
Deutsche Bank found the retailer, which opened its first U.S. stores June 15, sold products that cost up to 15% less than its rivals.
By Jeff Wells • June 30, 2017 -
Beer for brunch: Brewers hope to make morning the right time for a drink
Companies are producing varieties that pair well with bacon, eggs and pancakes, hoping to build a bigger audience for the alcoholic beverage.
By Christopher Doering • June 30, 2017 -
McCormick's Q2 earnings beat analyst expectations
The spice and flavorings maker's recent acquisitions and investments in organic and non-GMO ingredients helped drive sales, which rose 5% to $1.11 billion for the period.
By Emma Liem Beckett • June 29, 2017 -
Albertsons leverages key hires in e-commerce overhaul
Bringing in tech leads from outside grocery is helping the chain expand its online availability and make key improvements.
By Jeff Wells • June 29, 2017 -
Hain Celestial buys healthy startup Better Bean
Marking the first acquisition for the company’s new Cultivate Ventures incubator and investment arm, the deal extends its reach into healthy perimeter offerings.
By Sandy Skrovan • June 29, 2017 -
Deep Dive
Expansion on aisle 3: How and why grocery stores decide to add more locations
With more than 38,000 brick-and-mortar stores nationwide and increased emphasis on digital shopping, a look at the strategies to build or relocate.
By Keith Loria • June 29, 2017 -
Conagra profit surges 29% on fewer promotions and sale of low-margin brands
The consumer products maker's CEO said "aggressive actions" taken by the company have allowed it to improve margins and boost innovation.
By Christopher Doering • June 29, 2017 -
Amazon's grocery ambitions still limited by a lack of distribution centers
Even with Whole Foods in its arsenal, the e-commerce giant lacks the infrastructure to offer grocery delivery on a broad scale.
By Jeff Wells • June 28, 2017 -
Amazon may help Whole Foods meet its $300M expense savings, inventory and shrinkage goals
Amazon's changes to Whole Foods will likely focus on frugality and operational efficiencies as the grocer seeks to streamline its supply chain.
By Jennifer McKevitt , Kate Patrick Macri • June 28, 2017 -
Meijer's small-format urban store could see wider rollout
During the recent groundbreaking on the chain’s Bridge Street Market in Michigan, CEO Rick Keyes hinted that the fresh-focused, 37,000-square-foot store could expand beyond the one location.
By Jeff Wells • June 28, 2017 -
Kroger CEO unfazed by stock tumble, says Amazon is a 'good fit' for Whole Foods
In an interview with CNBC, Rodney McMullen said the company is focused on the long term in an increasingly competitive industry.
By Jeff Wells • June 28, 2017 -
Hampton Creek to enter the clean meat business
The startup best known for its vegan condiments and desserts said it plans to sell clean meat products before the end of 2018.
By Megan Poinski • June 28, 2017 -
Ransomware attacks Mondelez, as well as other global companies
WPP and Maersk were also hit by the attack, which greeted victims with a message stating their files were encrypted and demanded $300 in Bitcoin for the decryption key.
By Naomi Eide • June 28, 2017 -
General Mills sales increase even as yogurt continues to weigh on company
The cereal and snack maker's CEO said the quarter "fell well short of our standards" and vowed to invest in products and innovation to spur growth.
By Christopher Doering • June 28, 2017 -
Nestle to focus on high-growth areas and buy back $21B in stock
The announcement came two days after an investor pushed it to make changes to its operations, including improving margins and selling noncore assets.
By Christopher Doering • June 28, 2017 -
Retrieved from General Mills on June 26, 2017
General Mills opens Cinnamon Toast Crunch drive-thru
The promotion near the Grand Canyon had unique recipes with the popular cereal including a trail mix, PB&J and French toast.
By Caitlin Mannering • June 27, 2017