Corporate Operations: Page 288
-
Coca-Cola announces retirement of chief administrative officer
Alexander B. Cummings won't be replaced, but the leadership team has seen a number of new faces already in the past year.
By Carolyn Heneghan • Dec. 8, 2015 -
Deep Dive
How an investment group hopes to brew up profits around the Keurig deal
Can JAB help revamp Keurig? Or will it leave it out in the "Kold?"
By David Oliver • Dec. 7, 2015 -
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 -
Investor group to buy Keurig for $13.9B
The company has seen consistent sales declines in previous quarters and its shares dipped more than 60% in value this year.
By David Oliver • Dec. 7, 2015 -
Sealed Air aims to reduce food waste with innovative packaging
Some of the company's packaging products are antibacterial to reduce loss throughout the supply chain, while others control portion size at the consumer level.
By Carolyn Heneghan • Dec. 7, 2015 -
Hostess in talks to purchase Give and Go Prepared Foods: Reuters
Give and Go is a Canadian manufacturer of thaw-and-serve sweet baked goods, including Two-Bite Brownies, but a sale to Hostess isn't certain yet, according to Reuters sources.
By Carolyn Heneghan • Dec. 7, 2015 -
ConAgra CEO on competition: 'We've got to change with them'
The company has gone through major changes this year, and brand shakeups are expected to start in the near future.
By Carolyn Heneghan • Dec. 7, 2015 -
Moderate growth predicted for packaged foods in 2016: Moody's
Moody's expects mergers and acquisitions to slow next year and for manufacturers to focus more on renovation than innovation for product portfolios.
By Carolyn Heneghan • Dec. 7, 2015 -
Thai Union's $1.5B Bumble Bee Seafoods acquisition tanks
The decision ultimately came down to Justice Department antitrust concerns.
By David Oliver • Dec. 4, 2015 -
Brown-Forman reports profit, revenue drop
A decline in sales growth in the U.S. was partially offset by growth for its flagship brand Jack Daniels in other emerging and developed markets overseas.
By Carolyn Heneghan • Dec. 4, 2015 -
Kellogg names Kimberly-Clark exec as chief growth officer
Clive Sirkin is entering the fold as the company positions itself to turn around its Kashi brand and cereal segment.
By Carolyn Heneghan • Dec. 4, 2015 -
McCormick predicts hot and tangy, ancestral flavors for 2016
The company has released its annual Flavor Forecast for 2016, which includes trends that have informed 56 of McCormick's new products planned.
By Carolyn Heneghan • Dec. 2, 2015 -
Chocolate twist: Godiva looks to be more 'approachable' for the holidays
Still, the company wants to keep its premium chocolate status.
By Carolyn Heneghan • Dec. 2, 2015 -
Investment firm to purchase nut-based foods company
The company's pecan-based meat substitute is already being sold in more than 2,000 stores across the country.
By Carolyn Heneghan • Dec. 2, 2015 -
Hearthside reports third workplace injury this year to OSHA
The company also received citations from OSHA for workplace injuries in April and September.
By Carolyn Heneghan • Dec. 1, 2015 -
Wholesome Sweeteners to acquire organic candy maker TruSweets
The acquisition expands Wholesome's footprint in the better-for-you candy and free-from foods markets.
By Carolyn Heneghan • Dec. 1, 2015 -
Coca-Cola-backed nonprofit ceasing operations
The Global Energy Balance Network's announcement comes amid controversy regarding its relationship with the beverage giant.
By David Oliver • Dec. 1, 2015 -
McCormick names COO Kurzius as new CEO, replaces Wilson
Kurzius will lead the company as it's transitioning much of its portfolio to organic and non-GMO.
By Carolyn Heneghan • Dec. 1, 2015 -
Kind calls for FDA to revamp definition of 'healthy' foods
Earlier this year, the FDA requested Kind remove the word "healthy" from some of its snack bars' labels.
By Carolyn Heneghan • Dec. 1, 2015 -
AB InBev takeover bid subject of upcoming Senate hearing
AB InBev already announced the planned divestiture of SABMiller's stake in MillerCoors to appease U.S. regulators.
By Carolyn Heneghan • Nov. 30, 2015 -
Cannabis coffee brand capitalizes on cold brew, marijuana growth
Mirth Provisions' Legal coffee brand has generated nearly $440K since its September 2014 launch.
By Carolyn Heneghan • Nov. 30, 2015 -
Deep Dive
The future is now: The critical food industry trends heading into 2016
It's time to start looking ahead to trends that will influence food and beverage in the new year — both emerging and established.
By Carolyn Heneghan • Nov. 30, 2015 -
Former peanut exec Stewart Parnell requests to be released on appeal bond
Parnell's appeal states that he is not a flight risk and that lab testing may have been mishandled.
By Carolyn Heneghan • Nov. 30, 2015 -
Reports: AB InBev prepping SABMiller's Grolsch, Peroni sales
The company aims to appease European regulators with the planned divestiture.
By Carolyn Heneghan • Nov. 30, 2015 -
UPDATE: Celery recall increases to 16 states
Taylor Farms had previously recalled several products that contained celery, according to the CDC.
By Carolyn Heneghan • Nov. 30, 2015 -
Hershey releases seasonal Reese's Peanut Butter Trees — that don't look like trees
Despite the candy's misshapen appearance, consumers will likely still eat it.
By Carolyn Heneghan • Nov. 30, 2015