Corporate Operations: Page 27
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Courtesy of Funny Water
Why Funny Water’s CEO believes alcohol-infused water is no laughing matter
Jarrett Malnarich said the beverage appeals to consumers looking for a light buzz and no carbonation.
By Chris Casey • June 6, 2024 -
Noam Galai/Getty via Getty Images
Pepsi’s CMO Todd Kaplan departs after reinvigorating the beverage offering
After nearly two decades at PepsiCo, the marketing executive who oversaw the flagship brand's turnaround and visual overhaul will pursue a new opportunity.
By Chris Kelly • June 5, 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 -
Megan Poinski/Food Dive
OpinionCan agile supply chains ease pressures for FMCGs?
To best navigate the fallout of geopolitical conflicts, inflation and unpredictable demand, CPGs should look toward cultivating an adaptable strategy.
By Katy Gallagher • June 5, 2024 -
Permission granted by Liquid Death
Liquid Death names former PepsiCo, Keurig Dr Pepper exec as CFO
The fast-growing startup known for its canned water has entered new beverage categories while adding executives to its C-suite with prior experience in the sector.
By Christopher Doering • June 4, 2024 -
Courtesy of Schwan's
Schwan’s company promotes from within for next CEO
Brian Schiegg is taking the reins at the CJ Foods subsidiary known for brands such as Red Baron pizza and Edwards pies.
By Elizabeth Flood • June 3, 2024 -
Justin Sullivan via Getty Images
Chobani founder and CEO buys Anchor Brewing
Billionaire Hamdi Ulukaya purchased the oldest craft brewery in the U.S., which closed last year, for an undisclosed amount.
By Chris Casey • June 3, 2024 -
Courtesy of BodyArmor Sports Nutrition
Q&AInside the nonalcoholic beverage incubator big and small companies turn to for advice
L.A. Libations, which has served as an accelerator for Body Armor, Core and Athletic, has a reputation for spotting trends and helping nascent brands navigate the growing popularity of booze-free drinks.
By Christopher Doering • June 3, 2024 -
Courtesy of AriZona Beverages
ColumnLeftovers: AriZona chills out with ice pops | Kit Kat beats the heat with pink lemonade flavor
The popular iced tea brand is getting cooler for summer while Iron Chef Ming Tsai unveils better-for-you frozen breakfast items.
By Food Dive staff • May 31, 2024 -
Courtesy of Hormel
Turkey pressures Hormel profits
Despite challenges from bird flu and inflation weighing on its sales, the Minnesota-based company saw gains in Planters, Corn Nuts and other snacks.
By Chris Casey • May 31, 2024 -
Courtesy of Molson Coors
ColumnThe Weekly Sip: Molson Coors shifts Peroni production stateside | Outshine blends smoothies into cocktails
In other beverage news, mocktail brand Free AF — which uses a botanical extract to induce the feeling of drinking booze — expands into Walmart and Target.
By Food Dive staff • May 30, 2024 -
Courtesy of Lactalis USA
How Lactalis brought new life to Kraft natural cheese after $3.2B purchase
After acquiring the unit in 2021, the Parmalat maker spent months studying the brands to identify growth opportunities and unique innovations it could bring to the market.
By Christopher Doering • May 30, 2024 -
Permission granted by Suja Life
Suja Life to relaunch cult classic soda Slice with gut health reformulation
The new iteration of the lemon-lime drink, first launched by PepsiCo in 1984, will compete with prebiotic carbonated sodas like Poppi and Olipop.
By Chris Casey • May 29, 2024 -
Informa
Food industry conferences to watch before the end of 2024
Though the year is almost halfway over, there are still plenty of conventions and events scheduled. Food Dive is highlighting 9 to keep an eye on.
By Elizabeth Flood • May 29, 2024 -
Christopher Doering/Food Dive
Campbell Soup consolidates manufacturing footprint, lays off 415 workers
The soup and snacks maker also said it would invest $230 million in newer, more agile facilities as part of improvements to its supply chain.
By Christopher Doering • May 28, 2024 -
Courtesy of J.M. Smucker
Jif launches first major flavor innovation in nearly a decade with chocolate and peanut butter spread
J.M. Smucker said the product has 50% less sugar than the leading hazelnut spread with cocoa and has a smooth texture ideal for desserts, snacks and meals.
By Christopher Doering • May 28, 2024 -
(Photo by Christopher Furlong/Getty Images) via Getty Images
Q&AHow Unilever is embracing artificial intelligence to revolutionize food development
The CPG company uses the technology for everything from assessing the shelf life, taste and texture of its products to understanding changes in consumer preferences.
By Christopher Doering • May 28, 2024 -
Getty Images
OpinionBrands need a new model of sustainability. Here’s how we can flip the script
Companies need to shift their focus from selling to doing, writes Kenny Fahey, president and CEO of Leading Harvest.
By Kenny Fahey • May 23, 2024 -
Courtesy of Coca-Cola
How Coca-Cola bottled the vibrancy of Africa for its latest creation
With a name inspired by the isiZulu term for “come here,” Wozzaah looks to embody the culture of and invite consumers to the continent.
By Chris Kelly • May 23, 2024 -
Courtesy of Icee
Froot Loops enters frozen beverages through Icee partnership
The product launch comes a year after Icee and WK Kellogg collaborated on a cereal version of the frozen carbonate beverage’s Cherry ‘n Blue Razz flavor.
By Christopher Doering • May 22, 2024 -
Courtesy of Meatable
Meatable appoints beef industry veteran as CEO
Jeff "Trip" Tripician spent years leading companies with ties to Big Ag and is now part of the cultivated meat company's mission to expand in the U.S.
By Elizabeth Flood • May 22, 2024 -
Courtesy of Gutzy
Gutzy taps into gut health craze with prebiotic pouches
The brand, which launched in 2019, aims to dominate the prebiotic snacks lane as consumers continue to prioritize wellness.
By Chris Casey • May 21, 2024 -
Drew Angerer / Staff via Getty Images
On Special: Chicken sales cook as prices fall
Grocers are leaning into the protein as it continues to resonate with price-sensitive shoppers.
By Catherine Douglas Moran • Updated May 20, 2024 -
Getty Images
Food prices prompting a ‘consumer revolution’ through intricate homemade dishes
As inflation continues, a Circana expert said people are looking for more opportunities to bring a restaurant experience in home.
By Chris Casey • May 20, 2024 -
Christopher Doering/Food Dive
5 attention-grabbing products from the 2024 Sweets & Snacks Expo
Fish jerky, ramen-flavored popcorn, and gum with more caffeine than a cup of coffee were among the innovative products featured by 1,000 exhibitors.
By Christopher Doering • May 20, 2024 -
Courtesy of Throne Sport Coffee
ColumnThe Weekly Sip: NFL’s Patrick Mahomes enters RTD iced coffee | Diageo steeps itself in Smirnoff tea
The Kansas City Chiefs quarterback aims to score with a better-for-you beverage offering, and canned hard tea brand Loverboy seeks to make a splash with its Walmart launch.
By Chris Casey • May 16, 2024
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