Corporate Operations: Page 248
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Candy maker Mars gets into the party business
The manufacturer of Dove chocolates and other sweets is promoting events similar to Avon and Tupperware in cosmetics and storage containers.
By Keith Loria • May 10, 2017 -
Amid activist pressure, Whole Foods replaces 5 board members and adds new CFO
"We understand that we need to do much more, and faster," said John Mackey, the company's CEO, during its second quarter earnings call.
By Emma Liem Beckett • May 10, 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 -
Declining egg sales drag down Post Holdings' Q2 revenue
The 2015 bird flu outbreak continues to haunt the Michael Foods Group segment, which saw a double-digit drop in sales.
By Emma Liem Beckett • May 9, 2017 -
Firework Oreos herald the brand's social-media-driven flavor contest
The #MyOreoCreation contest encourages U.S. fans to pitch their unique varieties on Twitter and Instagram for a grand prize of $500,000.
By Caroline Macdonald • May 9, 2017 -
How grocery florists can make brides say 'I do'
A survey by the Produce Marketing Association and the Food Marketing Institute showed 44% of supermarket floral directors plan to emphasize wedding sales this year.
By Keith Loria • May 9, 2017 -
Beyond room service: New partnership expands grocery delivery to hotels
The service is being tested at Hawthorn Suites in Chicago; Philadelphia; Raleigh and Charlotte, NC; Hartford, CT; and Orlando.
By Keith Loria • May 9, 2017 -
Dean Foods posts loss in Q1 even as sales reach $2 billion
The food and beverage company recently launched a new brand and took a stake in a manufacturer of non-dairy milk and yogurt.
By Keith Loria • May 9, 2017 -
FDA gets $3M to educate consumers on GMOs
Under this campaign, consumers will learn about the environmental, nutritional, food safety, economic and humanitarian impacts of the products, which will bear a mandatory label soon.
By Keith Loria • May 9, 2017 -
Report: Grocery subscriptions can bring value to retailers
Much of the growth grocers see comes from specialized, high-value, free-from products, which can be positioned through this method.
By Keith Loria • May 9, 2017 -
Deep Dive
Why don't more food companies declare bankruptcy?
The nature and structure of companies making things to eat often provides other remedies for financial distress, analysts say.
By Keith Loria • May 9, 2017 -
Ingles Markets earnings hit by mild winter and early Easter
The grocery chain, which is investing in new and existing stores, is facing increased competition from Publix and Lidl.
By Keith Loria • May 9, 2017 -
Dynamic pricing is within retailers' grasp, but should they buy in?
More businesses are adopting this tactic to even out demand and deliver higher margins, but the practice risks alienating consumers.
By Jeff Wells • May 9, 2017 -
PepsiCo, Mondelez turn to crowdsourcing to help find new ingredients
The food and beverage giants are looking to tap into millennials who will develop new substances that meet their values and interests.
By Keith Loria • May 9, 2017 -
Soylent gains $50M in series B funding round
The polarizing meal replacement company, which has raised a total of $74.5 million since its inception, was backed by GV, Tao Capital Partners, Lerer Hippeau Ventures and Andreessen Horowitz.
By Caroline Macdonald • May 8, 2017 -
Pinnacle recalls Aunt Jemima frozen products — then discontinues them altogether
CEO Mark Clouse said the company was already planning to drop the "low-margin, non-strategic" products, but the recall sped up the decision.
By Megan Poinski • May 8, 2017 -
Tyson's Q2 profit slips after plant fires hurt chicken production
The meat giant hiked the average selling price of its chickens by 4.3%, but overall sales volumes still fell by 1.9%.
By Emma Liem Beckett • May 8, 2017 -
Despite executive turnover, Snyder's-Lance net sales increase
The snack food manufacturer's net revenue increased 18.7% to $531.5 million for the first quarter of 2017, thanks in part to the contribution of Diamond Foods.
By Keith Loria • May 8, 2017 -
Natural Grocers scales back its store growth strategy
The natural and organic retailer announced it will open between 15 and 17 store locations this year, at least three fewer locations than its initial forecast.
By Keith Loria • May 8, 2017 -
Dean Foods' Good Karma: Milk producer invests in dairy alternatives
The nation's largest milk supplier now has a minority stake in what some may see as a competitor, while others consider it the segment's future.
By Keith Loria • May 8, 2017 -
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 -
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 -
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