Corporate Operations: Page 253
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What Clear Labs' $13M funding round means for the food and beverage industry
As costs for genetic-based testing technologies continue to decline, they will become more accessible and scalable for manufacturers and retailers to improve visibility and safety across their supply chains.
By Carolyn Heneghan • Dec. 14, 2016 -
Flexing flax's potential: Good Karma launches dairy-free, flaxmilk yogurt
The plant-based yogurt industry is currently posting about 50% annual growth, which outpaces dairy-based more than 10 times, according to SPINS.
By Carolyn Heneghan • Dec. 14, 2016 -
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 -
Georgia Dock controversy isn't ruffling Tyson's feathers
President Tom Hayes said that the media has sensationalized the situation, which he says has become "an attack on our integrity as a company and we take it personally."
By Carolyn Heneghan • Dec. 13, 2016 -
Divided states of America: Consumers want both kale chips and cheese balls
If food companies want to get ahead by making more nutritious food, they can't abandon the unhealthy products that many love.
By Keith Loria • Dec. 13, 2016 -
ConAgra awaits judge's approval of $11.2M settlement in tainted peanut butter case
A company subsidiary will plead guilty to one misdemeanor charge of shipping adulterated food, but the courts haven't implicated any individual ConAgra executives — yet.
By Carolyn Heneghan • Dec. 13, 2016 -
Retrieved from PepsiCo on December 12, 2016
PepsiCo launching premium water brand to support better-for-you beverage goals
Besides its ingredient list, this brand offers premium packaging that features images from emerging artists.
By Carolyn Heneghan • Dec. 12, 2016 -
Michael Foods settles 8-year-old class action suit over shell eggs
The company agreed to pay $75 million to end the case, which was filed in 2008.
By Keith Loria • Dec. 12, 2016 -
Ahold Delhaize commits to doubling e-commerce sales by 2020
Customers who use Ahold's Peapod service spend almost twice that of peers who only shop in store.
By Carolyn Heneghan • Dec. 12, 2016 -
Nomva shows millennial appeal of functional smoothies in pouches
These younger voices also help fill gaps in areas where they feel their peers may have to make sacrifices, such as health and convenience.
By Carolyn Heneghan • Dec. 12, 2016 -
Coca-Cola CEO to step down
Company veteran and COO James Quincey will take over for Muhtar Kent next May, and has been groomed to lead the soda giant through an uncertain time for the segment.
By Carolyn Heneghan • Dec. 9, 2016 -
Winn-Dixie converts South Florida locations to Fresco y Más
Grocery analysts agree that as Hispanic populations increase and disposable income improves, demand for cultural foods will only grow.
By Keith Loria • Dec. 9, 2016 -
Coke wants consumers to believe it's not just for fast food
The beverage giant has launched a multi-pronged campaign through social and online media to get its flagship soda also associated with cuisine ranging from ramen to ravioli.
By Keith Loria • Dec. 9, 2016 -
Another price fixing scandal: Bumble Bee Foods exec to plead guilty to backroom deals
The DOJ claims that the company's VP of sales and co-conspirators, including other major packaged seafood suppliers, negotiated prices and issued announcements based on these talks.
By Carolyn Heneghan • Dec. 9, 2016 -
Hershey beefs up portfolio with new Krave meat bars
Instead of only innovating with flavors and ingredients, the company has decided to extend Krave into nearby subcategories, which maximizes reach among meat snack consumers.
By Carolyn Heneghan • Dec. 9, 2016 -
Costco sales gains undermined by discounts, deflation
Despite challenges in the quarter, CFO Richard Galanti said the warehouse retailer is working to invest more in e-commerce and focus on merchandising and pricing.
By Daphne Howland • Dec. 8, 2016 -
Deep Dive
Barking up a new tree: How pet food is more like what owners eat
There is an ever-growing segment of pet owners who only want the best for their furry friends — including providing them with food that meets the standards of what they would feed their own families.
By Keith Loria • Dec. 8, 2016 -
Why did Nestle divest another beverage company to Harvest Hill?
Nutrament is yet another brand unloaded to the company, which suggests the chocolate and nutrition giant could be trimming its portfolio to free up cash for future acquisitions or startup investments.
By Carolyn Heneghan • Dec. 8, 2016 -
With big company execs named to head Hain Celestial, what does the future hold?
These hires show the company is prepared to move forward from the financial reporting scenario that sent its share price plunging during the past few months.
By Carolyn Heneghan • Dec. 8, 2016 -
Brown-Forman reports fiscal Q2 sales dip after divestitures, but future remains strong
Premium whiskey and tequila brands continue to be strong growth drivers for the spirits maker.
By Carolyn Heneghan • Dec. 7, 2016 -
Tetra Pak unveils new, more sustainable aseptic packaging development
This is the world's first aseptic carton package to receive the highest class of Vinçotte certification, thanks to the renewable materials it uses.
By Carolyn Heneghan • Dec. 7, 2016 -
Quaker Oats partners with Chef'd to bring meal kits to breakfast
The kits will include pre-portioned ingredients, step-by-step preparation instructions, a branded mason jar and extra Quaker Overnight Oats recipe cards.
By Keith Loria • Dec. 7, 2016 -
IRI continues e-commerce momentum with Clavis Insight alliance
The partnership will help CPG marketers track and assess a brand’s online and offline performance in one place.
By Keith Loria • Dec. 7, 2016 -
Will JBS's latest IPO announcement actually make it to the stock market?
Judging by past company experiences, it's difficult to say if this announcement is a sure bet.
By Carolyn Heneghan • Dec. 7, 2016 -
Glass half full: How Tropicana plans to inspire consumers' mornings
The juice maker partnered with Ashton Kutcher's APlus.com to sponsor positive content to brighten breakfast routines.
By Carolyn Heneghan • Dec. 7, 2016 -
USDA enlists AUM LifeTech to fight citrus greening through genetics
The disease, which makes fruit worthless, is responsible for nearly $15 billion worth of lost revenue through the years.
By Keith Loria • Dec. 6, 2016