Corporate Operations: Page 279
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Kraft Heinz releases PA plant closure details amid ongoing merger aftermath
Lehigh Valley is one of seven plants that Kraft Heinz announced in November it would be closing by the end of 2017, affecting about 2,600 jobs.
By Carolyn Heneghan • June 8, 2016 -
McCormick acquisition strategy displays dual appetite for growth, restraint
It closed 12 acquisitions and joint ventures since 2007, all with "a consistent focus on flavor" that will carry into the future, CEO Lawrence Kurzius said at a recent conference.
By Carolyn Heneghan • June 7, 2016 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 5 stories from Food Dive
The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future.
By Food Dive staff -
Not so hot: Keurig pulls Kold system, lays off 130 employees
With JAB Holding now in control, it's unclear whether the Keurig Kold will reappear.
By Carolyn Heneghan • June 7, 2016 -
Nestle outlines achievements, challenges in 2015 Creating Shared Value report
The CSV and its companion reports also point out struggles that leaders face in achieving and maintaining sustainability throughout vast global supply chains.
By Carolyn Heneghan • June 7, 2016 -
JBS appoints Morgan Stanley vet Russ Colaco as spinoff's CFO
Colaco headed to JBS in February as director of strategy and corporate development after nearly a decade at Morgan Stanley.
By Carolyn Heneghan • June 7, 2016 -
Back to the Roots expands crowdfunding campaign to $10M Series A
"We decided to take on additional funds to really accelerate our impact," Back to the Roots cofounder Nikhil Arora told Food Dive.
By Carolyn Heneghan • June 6, 2016 -
Fortune 500 list sheds light on sweeping food and beverage industry moves
Constellation Brands (No. 429) jumped significantly and the freshly merged Kraft Heinz (No. 153) cemented its spot, though most of the top 100 food and beverage companies maintained a steady rank from last year.
By Carolyn Heneghan • June 6, 2016 -
Retrieved from General Mills on June 06, 2016
General Mills debuts new 'Tiny Toast' cereal brand. Is it the right market move?
For Tiny Toast to succeed, it will have to maintain positioning that resonates with consumers — easier said than done amid a competitive market.
By David Oliver • June 6, 2016 -
Unilever tops Gartner's supply chain top 25, boosted by CSR initiatives
Without this year's CSR component, Gartner's rankings may have looked different for food and beverage companies.
By Carolyn Heneghan • June 6, 2016 -
Dream tea(m): AB InBev, Starbucks partner for new RTD Teavana line
RTD tea production will enable AB InBev to better fill capacity at its breweries as U.S. beer volumes decline.
By Carolyn Heneghan • June 3, 2016 -
Hershey names Michele Buck new COO
Buck has more than 25 years in consumers goods, including various executive roles at Hershey and senior roles at Kraft/Nabisco.
By Carolyn Heneghan • June 2, 2016 -
Former PepsiCo CEO Roger Enrico dies, leaves behind noteworthy legacy
Enrico, who led the company to nearly surpass its top competitor Coca-Cola during the 1980s soda wars, died Wednesday at age 71.
By Carolyn Heneghan • June 2, 2016 -
Spam Snacks deals notable loss to Hormel
Searching for adjacencies across categories is a critical move for food and beverage manufacturers — but no product is guaranteed to score.
By David Oliver • June 2, 2016 -
Retrieved from Nestle on February 11, 2014
Report: Nestle identifies CEO Bulcke as potential successor for outgoing chairman
But could an external candidate for either the chairman or CEO role be what the company needs to meet its growth targets?
By Carolyn Heneghan • June 2, 2016 -
Coca-Cola, bottler Femsa to acquire Unilever's AdeS for $575M
With this move, Unilever further slims its underperforming food and beverage portfolio and Coca-Cola expands its non-carbonated beverage business and presence in Latin America.
By Carolyn Heneghan • June 1, 2016 -
Jim Beam overhauls bottle design, keeps Mila Kunis as spokeswoman
Jim Beam's new square bottles more closely resemble those of the Jack Daniel's brand, the U.S. whiskey category leader.
By Carolyn Heneghan • June 1, 2016 -
Analysts: Confidence high in ConAgra's turnaround approach
Since joining ConAgra in April 2015, CEO Sean Connolly has overseen the sale of the private-label brands business, a potential spinoff of Lamb Weston, and the announcement of $300 million in cost savings, Barron's reported.
By Carolyn Heneghan • June 1, 2016 -
SunOpta shares soar on shareholder's suggestion to sell
A strategic buyer or investment firm could use steep cost-cutting to make the Canadian company a more viable and profitable competitor in the natural and organic space.
By Carolyn Heneghan • June 1, 2016 -
Mondelez to shift marketing tactics, expand in-house content creation
The Oreo-maker is expanding its mobile app efforts and the production of branded and unbranded content through partnerships with BuzzFeed and Fox.
By Carolyn Heneghan • May 31, 2016 -
Charles M. Harper, former ConAgra CEO and transformation leader, dies at 88
Harper's health complications led to the development of the Healthy Choice line, which was key to the company's turnaround decades ago.
By Carolyn Heneghan • May 31, 2016 -
Nestle persists in health science category with $111M milk allergy testing deal
It's pivoting to health products while leveraging food and beverage R&D and marketing expertise.
By Carolyn Heneghan • May 31, 2016 -
Snyder's-Lance CFO to step down after a decade overseeing major changes
Rick Puckett oversaw the merger that formed Snyder's-Lance and major acquisitions since, including Diamond Foods earlier this year.
By Carolyn Heneghan • May 27, 2016 -
Report: Small, mid-sized CPG companies snagged $18B market share since 2011
Industry leaders identified by this report have a common portfolio strategy.
By Carolyn Heneghan • May 27, 2016 -
After bankruptcy, Hostess thriving with revamped products, supply chain overhaul, social media plan
The company listened to consumers and made select better-for-you ingredients changes, while keeping indulgence at the forefront.
By Carolyn Heneghan • May 26, 2016 -
3 food and beverage CEOs make Inc.'s 30 Under 30 list
From humble beginnings and a desire to solve an issue, companies grew into million-dollar enterprises.
By Carolyn Heneghan • May 26, 2016