Banza raises $1.3M for fast-growing chickpea pasta line

The company expanded the reach of its chickpea pasta from two to 1,700 stores in the past year.

By Carolyn Heneghan • Nov. 9, 2015

Kind to reduce added sugar in Fruit & Nut bars

The company will change the recipes for seven flavors in its bar portfolio.

By Carolyn Heneghan • Nov. 6, 2015

Explore the 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

TreeHouse Foods posts profit boost, softer sales volume

The acquisition of ConAgra's private brands business is up next and will make TreeHouse the biggest U.S. private-label food and beverage producer.

By Carolyn Heneghan • Nov. 6, 2015

Tio Gazpacho looking to secure $500K to expand operations

Funding will be allocated for sales and marketing of high pressure processed, organic gazpacho in a bottle.

By Carolyn Heneghan • Nov. 5, 2015

Kraft Heinz sees revenue, profit decline post-merger

The third biggest food and beverage manufacturer in North America posted $6.36 billion in revenue, down 9% from a year ago taking into account pro forma revenue.

By David Oliver • Nov. 5, 2015

Molson Coors profit exceeds expectations on higher-margin brands

The better-than-expected third quarter profit was fueled by high demand for its higher-margin products, like Blue Moon.  

By David Oliver • Nov. 5, 2015

ConAgra layoffs coming, according to memos: Omaha World-Herald

Employees received memos on Wednesday that warned the job cuts would be coming, the latest of 1,500 cuts ConAgra announced in October, according to the Omaha World-Herald.

By Carolyn Heneghan • Nov. 5, 2015

Nestle USA CEO: 'Zero waste to landfill' facility conversion has commercial benefit

The company recently released its second annual social impact report, highlighting its progress on objectives from 2013.

By Carolyn Heneghan • Nov. 5, 2015

PepsiCo innovation: Mountain Dew goes VR; report says new '1893' soda on way

Mountain Dew's content developer believes brands should create virtual reality content now to be ready when more headsets and content hubs are widely available.

By Carolyn Heneghan • Nov. 5, 2015

Kraft Heinz slashing 2,600 more jobs, shuttering 7 factories

The company announced 2,500 non-factory job cuts in August.

By David Oliver • Nov. 4, 2015

Food fight: General Mills vs. Kellogg

The cereal market is suffering, but its top giants are clamoring to maintain category relevance.

By David Oliver • Nov. 4, 2015

SodaStream: Profit plunges 76%, revenue misses estimates

Falling revenue has become a steady pattern for SodaStream, which is struggling to rebrand itself as a sparkling water maker.

By Carolyn Heneghan • Nov. 4, 2015

AB InBev, SABMiller receive third extension to finalize deal

The two companies now have until 5 p.m. GMT on Nov. 11 to finalize the terms.

By Carolyn Heneghan • Nov. 4, 2015

Kellogg posts profit, revenue tumble; Cereal, snack demand still anemic

The company's sales dropped for the eighth time in nine quarters.

By Carolyn Heneghan • Nov. 3, 2015

Fully dressed: Hampton Creek to be exclusive baking mix, salad dressing supplier to Compass Group

Hampton Creek CEO Josh Tetrick called the company's major foodservice partner "the biggest cog in our machine."

By Carolyn Heneghan • Nov. 3, 2015

Smucker to sell off its US canned milk brands to Eagle Family

Lower commodity costs for milk haven't been enough for the company to keep its canned milk brands.

By Carolyn Heneghan • Nov. 3, 2015

Nestle tests chocolate bars to develop a 'shelf life prediction tool'

The company hopes its research will better inform product managers and packaging engineers.

By Carolyn Heneghan • Nov. 3, 2015

Sysco: Profit falls 12%, gross margin increases

The company outlined its three-year cost-cutting and sales-boosting plan in September.

By Carolyn Heneghan • Nov. 2, 2015

Millennials more likely to distrust major food companies: report

Millennials are also more likely to want companies to share how a product is made and less likely to buy processed foods.

By Carolyn Heneghan • Nov. 2, 2015

TreeHouse Foods to buy ConAgra's private brands for $2.7B

The acquisition will create the largest private brand food and beverage company in the country.

By Carolyn Heneghan • Nov. 2, 2015

JBS completes acquisition of Cargill's pork assets

JBS is now the country's second-largest pork packer.

By Carolyn Heneghan • Nov. 2, 2015

How an AB InBev-SABMiller merger could impact craft beer distribution

Craft brewers could find it more difficult to secure access to market post-merger.

By Carolyn Heneghan • Nov. 2, 2015

Trick or treat: Candy prices expected to tick up 4.2% from last year

Retail sales of Halloween candy are expected to hit $2.6 billion this year.

By David Oliver • Oct. 30, 2015

AB InBev posts 45% profit loss, 7.9% jump in organic revenue

Sales in the U.S. rose 2.8%, helped by pricier beers like Stella Artois and Goose Island.

By Carolyn Heneghan • Oct. 30, 2015

Kraft Heinz mulling 3 NY plant closures

The closures would be part of the company's continued cost-cutting efforts, which aim to trim $1.5 billion in spending by 2017, according to Crain's.

By Carolyn Heneghan • Oct. 30, 2015