Corporate Operations: Page 293
-
Dr Pepper Snapple year-to-date, quarterly net sales jump 3%
Like other beverage companies, DPS saw higher growth in noncarbonated beverages than carbonated beverages.
By Carolyn Heneghan • Oct. 22, 2015 -
Senators planning AB InBev, SABMiller antitrust hearing
The scrutiny is no surprise — and this isn't the only country that's going to see it.
By David Oliver • Oct. 21, 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 -
Syngenta CEO Mike Mack exits
The company is feeling the pressure following its failed merger with Monsanto.
By Carolyn Heneghan • Oct. 21, 2015 -
Coca-Cola: Revenue falls despite rising volumes
Foreign currency headwinds hurt company revenues, though volumes rose, particularly for noncarbonated beverages.
By Carolyn Heneghan • Oct. 21, 2015 -
UPDATE: American Egg Board CEO steps down
Joanne Ivy was set to retire Dec. 31 but instead did so at the end of last month. The USDA is looking into the organization and its moves involving Hampton Creek.
By Carolyn Heneghan • Oct. 21, 2015 -
Smaller companies seeking tactics from industry vets
Can smaller companies take the advice of industry veterans without losing consumer appeal?
By Carolyn Heneghan • Oct. 21, 2015 -
Hershey's Kisses Deluxe to tap premium chocolate market
The company's new product is the biggest innovation for Hershey's Kisses in the past 25 years, since Hershey added almonds to its iconic chocolate.
By Carolyn Heneghan • Oct. 20, 2015 -
Coca-Cola dives into Snapchat marketing
While 60% to 70% of Snapchat users tend to turn off an ad just three seconds in, Coca-Cola found a way to hook consumers for full 10-second spots at a completion rate of 54%.
By Carolyn Heneghan • Oct. 20, 2015 -
Deep Dive
Trends in trying, buying new products 'more based on an individual'
The failure rate for food and beverage product launches sits at about 60% to 80%.
By Carolyn Heneghan • Oct. 19, 2015 -
Danone: Water, other segments make up for falling dairy sales
Water sales increased by 12%, while fresh dairy fell 3%.
By Carolyn Heneghan • Oct. 19, 2015 -
Bud Light, Coors Light in for marketing makeover
Both brands are losing market share and scrambling to find a way to lure back consumers.
By Carolyn Heneghan • Oct. 19, 2015 -
ADM completes global cocoa business sale to Olam
The deal makes Olam one of the world's largest cocoa processors.
By Carolyn Heneghan • Oct. 19, 2015 -
ConAgra to slash about 40 IT jobs
The company is moving its headquarters to Chicago and cutting about 1,500 non-plant jobs.
By Carolyn Heneghan • Oct. 19, 2015 -
Retrieved from Starbucks on October 16, 2015
Deep DiveThe 'best-performing' food and beverage industry CEOs — who made the cut?
The Harvard Business Review's 'best-performing' CEO list is out, and looking slightly different than last year.
By David Oliver • Oct. 16, 2015 -
Retrieved from Nestle on October 16, 2015
Nestle lowers full-year forecast after fall in revenue
The company took a hit due to the Maggi noodles contamination scare.
By Carolyn Heneghan • Oct. 16, 2015 -
Syngenta moves on from Monsanto, focuses on Latin America
The company reported a 12% dip in sales for the most recent quarter.
By Carolyn Heneghan • Oct. 15, 2015 -
Unilever: Ice cream segment for the win
It screams for ice cream (sales).
By Carolyn Heneghan • Oct. 15, 2015 -
Retrieved from Chobani on September 29, 2015
UPDATE: Coca-Cola dropping out of race for Chobani stake: reports
The rivalry for a stake in yogurt was short-lived, according to reports.
By David Oliver • Oct. 15, 2015 -
Deep Dive
What the cost of a poor pricing strategy means
Without a consistent, efficient, and nimble pricing strategy, companies risk their competitive edge.
By Carolyn Heneghan • Oct. 15, 2015 -
Convenient treats: How Hershey utilizes c-stores for sales
About 63% of Hershey's confection sales come from the in-line set, and 37% of sales are derived from merchandising and secondary placement.
By Carolyn Heneghan • Oct. 15, 2015 -
What activist investments can do for the food industry: study
Activist investors like Nelson Peltz and Bill Ackman have made recent headlines for their involvement with major food and beverage companies.
By Carolyn Heneghan • Oct. 15, 2015 -
Treasury Wine to acquire Diageo's US, UK wine assets for $552M
"Wine is no longer core to Diageo and this sale gives us greater focus," Diageo CEO Ivan Menezes said in a statement.
By Carolyn Heneghan • Oct. 14, 2015 -
SEC gearing up civil charges against Mondelez's Cadbury: WSJ
The company allegedly bribed Indian officials to secure building permits for a factory expansion in Baddi, which the company claimed was an independent addition to secure a tax break, reports The Wall Street Journal.
By Carolyn Heneghan • Oct. 14, 2015 -
Millennials, small companies supercharge industry revolution
The top 25 U.S. food and beverage companies are in a much different position than they were five years ago — losing $18 billion in market share.
By Carolyn Heneghan • Oct. 14, 2015 -
Deep Dive
Beverage merger stats overwhelmingly favor AB InBev, SABMiller domination
If the deal goes through, nearly one out of every three beers consumed globally would be owned by the conglomerate.
By David Oliver • Oct. 13, 2015