Corporate Operations: Page 284
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Diageo on the hunt for new chairman, company turnaround
A fresh pair of eyes outside of the company could be a smart bet for Diageo.
By Carolyn Heneghan • April 12, 2016 -
AdvancePierre Foods seeking IPO with $100M placeholder value: reports
With an infusion of cash from an IPO, AdvancePierre could move to expand its relatively small consumer-facing brands.
By Carolyn Heneghan • April 12, 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 -
AEB not the only trade group to contact FDA about Just Mayo: AP
The Association for Dressings and Sauces also pressured the FDA to take action against the mayo alternative, according to emails obtained by the Associated Press.
By Carolyn Heneghan • April 11, 2016 -
Mondelez pursues e-commerce growth with Alibaba partnership
Alibaba will host a "store" for Mondelez on Tmall.com, which will include products exclusive to the platform.
By Carolyn Heneghan • April 8, 2016 -
Cargill turns profit on low commodity prices, expects tough markets to continue
Quarterly profits were primarily driven by the food ingredients and applications segment.
By Carolyn Heneghan • April 8, 2016 -
Campbell's challenge of Progresso ads ends in split decision from NAD
Campbell claimed the ads implied that all of Progresso's ingredients were locally sourced.
By Carolyn Heneghan • April 8, 2016 -
US chocolate industry adapts to steadily slowing consumption
But because of consumer preference for premium chocolate coupled with rising cocoa prices, sales have continued to grow for a decade.
By Carolyn Heneghan • April 8, 2016 -
Cargill to receive $9M from Greater Omaha in E. coli case
The court ruled that Greater Omaha, which supplied the beef that Cargill made into hamburgers, must share financial blame.
By Carolyn Heneghan • April 7, 2016 -
ConAgra's revamp, cost-cutting support a profitable turnaround
Net income swung from a $954.1 million loss to a $204.6 million gain year over year.
By Carolyn Heneghan • April 7, 2016 -
In cost-cutting moves, Treehouse Foods, US Foods, Sensient to close facilities
US Foods asked the unions for $8 million in annual concessions. The unions said no.
By Carolyn Heneghan • April 7, 2016 -
Constellation Brands: Revenue, profits ride successes of beer segment
The company's beer acquisitions and Mexico brewery expansions have strengthened its position in the U.S. beer market.
By Carolyn Heneghan • April 6, 2016 -
Brewers Association's 2015 Top 50 list stable; shakeups to come
A handful of craft brewers had prorated 2015 volumes due to their full or stake acquisitions last year. They will be absent from the list next year.
By Carolyn Heneghan • April 6, 2016 -
TerraVia teams up with VMG Partners in algae-based product venture
The goal is to acquire or invest in promising companies that bring algae-based ingredients to the forefront of the better-for-you foods movement.
By Carolyn Heneghan • April 5, 2016 -
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 -
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