Corporate Operations: Page 298
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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 -
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 -
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 -
Retrieved from Nestle on February 11, 2014
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 -
Deep Dive
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 -
Retrieved from Nestle on November 03, 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 -
Deep Dive
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 -
Kellogg to source 100% cage-free eggs
Though it's mainly a grains company, Kellogg does source eggs for certain products.
By Carolyn Heneghan • Oct. 30, 2015 -
General Mills announces more job cuts: 285 positions overseas
The company is closing more plants in its efforts to streamline its supply chain outside of North America.
By Carolyn Heneghan • Oct. 29, 2015 -
Ingredion beats estimate EPS, falls short on revenue
The company reported Q3 earnings per share of $1.64, $0.13 above expecations.
By Deborah Barrington • Oct. 29, 2015
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