Corporate Operations: Page 238
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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 -
Explore the Trendline➔
Courtesy of PIPA
TrendlineGetting reformulation right: How food companies are rethinking ingredients to meet consumer demand
Ingredient suppliers and companies like PepsiCo and Conagra are working closer together to overhaul brands to cater to a rise in healthy eating and expanding GLP-1 use.
By Food Dive staff -
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 -
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 -
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 -
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 -
Supervalu CFO Bruce Besanko resigns
He also served as the retailer-wholesaler’s chief operating officer, and will be the new CFO at department store chain Kohl's.
By Jeff Wells • June 27, 2017 -
Lidl announces next store openings and $100M distribution center
On July 13, the company will open two new locations in North Carolina and two in Virginia.
By Jeff Wells • June 27, 2017 -
Amazon-Whole Foods merger could create headaches for struggling CPG brands
The online giant is likely to lower prices, increase its private label selection and elevate natural and organic brands, further hurting packaged-food companies.
By Jeff Wells • June 27, 2017 -
Tyson creates new position to help integrate acquisitions
An uptick in M&A activity across the food industry is prompting companies to add merger, transformation and change agent duties to the corporate leadership team.
By Sandy Skrovan • June 27, 2017 -
Retrieved from General Mills on June 26, 2017
US says 'bonjour' to General Mills' new French-style Yoplait yogurt
As the food products giant looks to reinvigorate sales at the dairy unit, the company hopes a new taste, glass jar and clean label will attract shoppers' attention.
By Christopher Doering • June 27, 2017 -
Walmart seeks the next great American brands in 4th annual open call
The event not only gives entrepreneurial startups a shot at earning national distribution, but brings the retailer an economical way of landing in-demand locally made, small-batch products.
By Sandy Skrovan • June 26, 2017 -
Activist investor Daniel Loeb's hedge fund acquires a $3.5B stake in Nestle
In a letter, Third Point suggested the company should improve margins, innovate and sell noncore assets like its share in cosmetics maker L’Oréal.
By Christopher Doering • June 26, 2017 -
Deep Dive
A Balancing Act: What M&A activity is on the food industry's horizon for the rest of 2017?
Food and beverage companies are changing the way they do business, and analysts see more consolidation and venture capital funding in the future.
By Megan Poinski • June 26, 2017 -
Analyst: Wegmans should accelerate its expansion
Disruption in the crowded market works in favor of the highly successful grocer, according to Burt P. Flickinger III of Strategic Resources Group.
By Jeff Wells • June 26, 2017 -
Report: Walmart will not bid on Whole Foods
Sources told Reuters the retail giant isn’t interested in buying the company and that the natural and organic retailer has not received a second offer.
By Jeff Wells • June 26, 2017 -
Danone, Nestle CEOs say transparency is key to regaining consumer trust
The executives said multinationals need to be more open and tackle issues like climate change and obesity – or risk losing market share to start-ups.
By Caroline Macdonald • June 26, 2017 -
Dean Foods expands outside of dairy with Uncle Matt's Organic purchase
The leading milk processor did not disclose how much it paid for the maker of probiotic-infused juices and fruit-infused water.
By Christopher Doering • June 26, 2017
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