Corporate Operations: Page 24
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Chemical found in rocket fuel detected in fruits, dairy and meat: Consumer Reports
The group said while perchlorate was detected in measurable levels in two-thirds of nearly 200 samples, it was not “acutely dangerous” and didn’t exceed EPA guidelines.
By Christopher Doering • Aug. 7, 2024 -
WK Kellogg Co to shutter Nebraska cereal plant as profits slide
The Frosted Flakes maker also plans to cut production at a Memphis facility while boosting output at locations in Michigan, Pennsylvania and Ontario, Canada.
By Chris Casey • Aug. 7, 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 -
Logan Paul’s Prime sports drink hit with lawsuit from bottler
Refresco alleged Congo Brands, which sells the hydration beverage founded by YouTube star Logan Paul, backed out of its agreement to sell the drink.
By Chris Casey • Aug. 6, 2024 -
Tilray bets big on beverages to drive growth
The company, which could reach $1 billion in revenue this year, is expanding its craft beer, cannabis and nonalcoholic drinks lineup.
By Chris Casey • Aug. 5, 2024 -
Retrieved from Liquid Death on August 01, 2024
Q&AHow Liquid Death cuts through marketing noise without big media buys
Vice President of Creative Andy Pearson explained how the billion-dollar beverage brand helps consumers “murder” their thirst in an expanding market.
By Chris Kelly • Aug. 5, 2024 -
Clio refrigerated bar demand heats up as yogurt offering upends dairy space
CEO John McGuckin said the snacks maker’s sales could reach $500 million as it boosts household penetration and convinces retailers to carry more of its offerings.
By Christopher Doering • Aug. 5, 2024 -
Sponsored by We Store Frozen
The story of We Store Frozen
True to our spirit, we love to move fast and think big. This vision materialized in our first We Store Frozen cold storage facility.
By OMRI SHAFRAN • Aug. 5, 2024 -
Pringles leads the pack as Kellanova touts sales growth
The snacking company’s CEO Steve Cahillane told investors the chip brand is driving volume improvements in North America.
By Chris Casey • Aug. 2, 2024 -
Column
Leftovers: Graza olive oil goes mini | Startup snack turns pasta into puffs
The viral brand is partnering with Little Spoon on a variety aimed at babies and toddlers; and Birch Benders flips into Filipino ingredient ube for purple pancakes.
By Food Dive staff • Aug. 2, 2024 -
Mondelēz adds new offerings as consumer definition of value changes
The Oreo and Ritz manufacturer plans to implement “targeted promotions” and launch more packs within the $3-to-$4 price range to attract cash-strapped shoppers.
By Christopher Doering • Aug. 1, 2024 -
Column
The Weekly Sip: Diageo’s spirits sales fall flat | International Delight turns to ‘Home Alone’ nostalgia for coffee
The Guinness brewer’s CEO said a long-term trend toward spirits over wine and beer work in the company’s favor; and a couple is harnessing the spirit of Louisville for their gin.
By Food Dive staff • Aug. 1, 2024 -
4 trends that push purchasing decisions, according to Cargill report
From higher expectations to stretching their dollar, consumers still consider taste and convenience to be king.
By Elizabeth Flood • Aug. 1, 2024 -
Sara Lee, Wonderbread owners announce closures of plants affecting hundreds of workers
Flowers Foods plans to close a bun making plant in Louisiana, while Bimbo Bakeries USA will shutter two facilities in New York and another in Texas.
By Christopher Doering • July 31, 2024 -
Weight loss drugs are shaking up Big Food, Ag and Health. Experts weigh in on what the industry should do
The changing snacking and eating behaviors of the increasing numbers of people on drugs like Ozempic and Wegovy are changing food categories quickly, from snacking to restaurants.
By Elizabeth Flood • July 30, 2024 -
Southern Glazer’s Wine & Spirits buys New England alcohol distributor
The largest wholesaler in the industry is set to purchase Horizon Beverage Group, a company with nearly a century of experience in Massachusetts and Rhode Island.
By Chris Casey • July 30, 2024 -
PepsiCo launches pilot to cultivate next generation of farmers
The effort provides job pathways for beginning producers and young people to be successful on the farm or within the agriculture industry at large.
By Sarah Zimmerman • July 26, 2024 -
Mondelēz International taps Nestlé, P&G veteran as tech chief
Filippo Catalano will join the organization later this year, reporting directly to its CEO.
By Roberto Torres • July 26, 2024 -
Health, taste and texture: What Ingredion’s new chief innovation officer is prioritizing
Mike Leonard stressed the importance of working with experts before debuting new health focused products.
By Elizabeth Flood • July 25, 2024 -
Danone partners with Microsoft to scale AI projects
As the dairy company looks to technology to drive operational efficiency, it aims to upskill 100,000 workers to become more comfortable with digital tools.
By Chris Casey • July 25, 2024 -
Meati Foods new CCO, CEO look to avoid plant-based pitfalls
The mycelium-based meat maker is looking to go back to its roots and nail down its messaging in a burgeoning category.
By Elizabeth Flood • July 25, 2024 -
After $3B sale by PepsiCo, Tropicana goes about juicing up its business
The company, which owns its namesake brand, smoothie maker Naked and probiotic drink KeVita, is prioritizing innovation and new consumption occasions to drive growth.
By Christopher Doering • July 24, 2024 -
Food and beverage innovation plunges nearly 50% since 2007: Mintel
The market research firm said about a quarter of items introduced between January and May of 2024 were genuinely new products.
By Christopher Doering • July 23, 2024 -
Keurig Dr Pepper to close Virginia coffee plant, impacting 379 people
The shuttering of the facility, which manufactures K-Cup pods, comes as the beverage giant ramps up production in South Carolina.
By Christopher Doering • July 22, 2024 -
New snack launches propel annual dairy aisle sales to $76B: CoBank
From snackable cheese kits to dessert-inspired Greek yogurt, Chobani and other manufacturers are transforming the category to meet changing demands and taste preferences.
By Chris Casey • July 22, 2024 -
How a candy lover is bringing discontinued sweets back from the dead
Ellia Kassoff has reintroduced once-popular brands like Wacky Wafers and Hydrox cookies after claiming “corporate mismanagement” caused them to be discontinued.
By Christopher Doering • July 22, 2024