Corporate Operations: Page 296
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Coca-Cola to streamline US production with National Product Supply System
Coca-Cola Refreshments, owned by Coke, will divest nine production facilities to the new supply system's bottlers between 2016 and 2018.
By Carolyn Heneghan • Sept. 24, 2015 -
Wave of the future: General Mills looks to e-commerce for sales growth
All aboard the e-commerce train — The company's online sales projections are expected to grow from the 1% to 2% range to about 5% to 6%.
By Carolyn Heneghan • Sept. 24, 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 -
Cargill to sell hot dog, sausage brand Schweigert to Bakalars
The company also recently sold its pork business to JBS USA Pork.
By Carolyn Heneghan • Sept. 24, 2015 -
AB InBev to acquire yet another craft brewery, Golden Road
Five's a crowd: This is the company's fifth craft brewery acquisition in five years.
By Carolyn Heneghan • Sept. 24, 2015 -
Post to acquire Northwest egg supplier for $90M
The company will combine the egg supplier with its current egg business, Michael Foods, which was hit hard by the bird flu.
By Carolyn Heneghan • Sept. 23, 2015 -
Diageo anticipates about $229M profit drop on falling currencies
Though the company didn't name currencies or countries outright, it has in the past pointed to the euro, Venezuelan bolivar, and Russian ruble.
By Carolyn Heneghan • Sept. 23, 2015 -
Snickers lets consumers bad-mouth each other
The brand's latest marketing campaign enables people to call each other out on hunger-induced bad moods.
By Carolyn Heneghan • Sept. 22, 2015 -
ConAgra reports sales increase, profit tumble over private brands charges
Charges for reclassifying private brands as discontinued operations was a huge hit to company profits.
By Carolyn Heneghan • Sept. 22, 2015 -
General Mills: Profit, US retail sales up; revenue dips
The company's efforts to cut costs, revamp brands, and introduce new products are showing signs of progress.
By Carolyn Heneghan • Sept. 22, 2015 -
Coca-Cola reveals $118.6M spent on health research, programs
The company is pushing for more transparency after controversy regarding research funding.
By Carolyn Heneghan • Sept. 22, 2015 -
Deep Dive
Startup saga: How Hampton Creek is impacting the food industry
The company has been through a unique set of headaches on its path to growth.
By Carolyn Heneghan • Sept. 21, 2015 -
Olam to dedicate nearly $2B to future acquisitions
The company's funds were bolstered by Mistubishi Corp.'s acquisition of a 20% stake in Olam for $1.1 billion.
By Carolyn Heneghan • Sept. 21, 2015 -
Chicago packaged food startups grow while large companies struggle
Smaller manufacturers continue to gain even as the overall processed foods market falls.
By Carolyn Heneghan • Sept. 21, 2015 -
Coca-Cola owes $3.3B in taxes, IRS says
The company denies the allegations and plans to file a petition and fight the dispute.
By Carolyn Heneghan • Sept. 21, 2015 -
Kellogg expands to Africa with $450M Tolaram deal
The company is no stranger to international expansion this year; it acquired a majority stake in Egyptian packaged biscuits company Bisco Misr in January.
By Carolyn Heneghan • Sept. 18, 2015 -
Flavor frenzy — ADM announces new R&D facility
This is just the latest of several new R&D facilities opened by food companies recently.
By Carolyn Heneghan • Sept. 18, 2015 -
Candy industry's economic report recognizes 'the power of sweet'
For every one of the 55,000 jobs in the U.S. candy industry, another seven are created in related industries.
By Carolyn Heneghan • Sept. 18, 2015 -
Retrieved from PepsiCo on October 14, 2013
PepsiCo selects a leader for its e-commerce expansion
The company's pick, Gibu Thomas, lead mobile and digital operations for Wal-Mart for five years before assuming his new role.
By Carolyn Heneghan • Sept. 18, 2015 -
Morton Salt shutting down Chicago plant
The company recently announced the relocation of its Chicago headquarters elsewhere in the city.
By Carolyn Heneghan • Sept. 18, 2015 -
Move over, Twinkies — Hostess adds bread to its lineup
While the company expands into other categories, it still won't stray too far from its mainstay: indulgent treats.
By Carolyn Heneghan • Sept. 17, 2015 -
Dean Foods announces new COO
Ralph Scozzafava has more than 30 years of experience with consumer goods and groceries and has been with the company since 2014.
By Carolyn Heneghan • Sept. 17, 2015 -
M&A refresher: Annie's looks back on first year under General Mills
Annie's has seen sales and distribution grow, but that has not come without drawbacks.
By Carolyn Heneghan • Sept. 17, 2015 -
Virtual reality-based recruiting looks to sway millennials at General Mills
At the company, virtual reality goggles are already making a splash in campus recruiting.
By Tom Starner • Sept. 16, 2015 -
Deep Dive
That's mine, not yours — 7 trademark disputes from 2015
Major brands are taking matters into their own hands to keep branding safe from alleged copycats that could piggyback the legacy brand’s success.
By Carolyn Heneghan • Sept. 16, 2015 -
Sysco outlines 3-year plan for cost-cutting, growth
The plan comes not long after adding to the company's board investor Nelson Peltz, who said Sysco was not reaching its potential, according to The Wall Street Journal
By Carolyn Heneghan • Sept. 16, 2015
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