Corporate Operations: Page 278
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PepsiCo, General Mills, and ConAgra employ Amazon Dash button in e-commerce plans
The service is a key part of e-commerce strategies — with shelf-stable products primarily benefiting from the re-order buttons.
By Carolyn Heneghan • April 4, 2016 -
FDA remains quiet on listeria outbreak linked to Dole salads
The agency hasn't been as forthcoming with results from sample testing and facility inspections as it has in other outbreaks.
By Carolyn Heneghan • April 3, 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 -
Hershey downgraded after commodity costs rise, sales slump
Analysts say the company's gross margin could take a tumble.
By Carolyn Heneghan • April 1, 2016 -
US Foods files for IPO
Since the failed merger with Sysco, the company has moved to expand and become more competitive.
By Carolyn Heneghan • April 1, 2016 -
South Korea's largest tofu maker Pulmuone purchases Vitasoy USA
The $50 million deal gives Pulmuone manufacturing and logistics benefits, as well as necessary sales and distribution infrastructure to reach the U.S. marketplace.
By Rachel Duran • March 31, 2016 -
PepsiCo's executive changes spark speculation about next CEO: Fortune
Hormel also announced management changes this week.
By Carolyn Heneghan • March 31, 2016 -
The plot thickens for potential McCormick takeover of Premier Foods
Premier said it's willing to share requested financials and have a discussion with McCormick to potentially negotiate a more appealing bid.
By Carolyn Heneghan • March 31, 2016 -
Deep Dive
Introducing key women investors who are disrupting food and beverage
Investments are a numbers game, which men and women are equally capable of playing, an investor said.
By Carolyn Heneghan • March 30, 2016 -
General Mills' 301 Inc. leads $1.25M investment in Tio Gazpacho
With this investment, 301 Inc. delves into a new segment that could turn around the soup industry through convenience and better-for-you ingredients.
By Carolyn Heneghan • March 30, 2016 -
Del Monte, Campbell to discontinue BPA use in packaging
Del Monte is also expanding its non-GMO portfolio after finding non-GMO alternatives for added ingredients like sweeteners and flavorings that were originally derived from GM corn and soybeans.
By Carolyn Heneghan • March 29, 2016 -
CAVU invests $7M in kombucha brand Health-Ade
Kombucha is being positioned as a better-for-you competitor to soda.
By Carolyn Heneghan • March 29, 2016 -
Acquisitions, cost-cutting prove profitable for McCormick
Expansion of its portfolio took a hit when British company Premier Foods rejected two offers.
By Carolyn Heneghan • March 29, 2016 -
Deep Dive
14 food and beverage CEOs' compensation for 2015
Total annual compensation jumped 138.8% for one executive and sank 42% for another.
By Carolyn Heneghan • March 29, 2016 -
Chobani class action stayed, awaits FDA decisions on 'natural,' 'evaporated cane juice'
This case and other related cases involving the "natural" label could face an indefinite hold while the FDA deliberates guidance for use of the term.
By Carolyn Heneghan • March 28, 2016 -
Ready Pac: We're looking for a buyer
Quality suitors would include those seeking fresh, convenient foods to add to their portfolios.
By Carolyn Heneghan • March 24, 2016 -
UPDATE: Coca-Cola discloses additional funding; funded nutrition researcher steps down
Coca-Cola alone disclosed $118.6 million spent on scientific research and health and fitness programs since 2010, as of last September.
By Carolyn Heneghan • March 24, 2016 -
Pinnacle's Gamgort heads to Keurig as CEO
Outgoing CEO Brian Kelley will join Keurig's board.
By David Oliver • March 23, 2016 -
General Mills reports slight sales drop; healthy push underway to lure customers
301 Inc., General Mills' venture arm, is looking outside the company for sales and investment opportunities.
By Carolyn Heneghan • March 23, 2016 -
Dean Foods not concerned about new Wal-Mart dairy plant — though its stock fell 12%
It doesn't expect Wal-Mart's plant to impact its national brands, where Dean Foods continues to focus its business.
By Carolyn Heneghan • March 23, 2016 -
Snack Food Association rebrands; new name reflects industry trends
SNAC International now represents snacking, nutrition, and convenience.
By Carolyn Heneghan • March 22, 2016 -
Supreme Court decision in Tyson case disappoints industry
The Supreme Court upheld the lower courts' use of statistical or representative evidence to determine liability in multiparty cases against companies.
By Carolyn Heneghan • March 22, 2016 -
Deep Dive
Tracking the GMO labeling surge
Five major manufacturers have committed to labeling GMO ingredients across portfolios. How will this impact future legislation?
By Carolyn Heneghan • March 22, 2016 -
AB InBev aims to capitalize on growing Mexican beer segment in US
This is to keep up with the increasing popularity of Mexican imports from competitors like Heineken and Constellation.
By Carolyn Heneghan • March 22, 2016 -
Coca-Cola refocuses business on profitable concentrate sector
Shedding manufacturing and distribution operations will significantly impact both revenue and operating profit margin.
By Carolyn Heneghan • March 22, 2016 -
UPDATE: Kellogg, Mars latest to label GMO ingredients
These follow General Mills and Campbell Soup's GMO labeling announcements and a failed voluntary labeling bill in the Senate.
By Carolyn Heneghan • March 21, 2016