Corporate Operations: Page 299
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Albertsons files for IPO, plans to raise at least $100M
... though that amount is likely just a placeholder that will later increase.
By Carolyn Heneghan • July 8, 2015 -
Kellogg's Origins boasts simple ingredients, but may not be so
The company's new healthy breakfast brand does contain natural ingredients like grains, fruits, nuts, and seeds, but it has not yet weeded out other more complex components.
By Carolyn Heneghan • July 8, 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 -
USDA
General Mills commits to cage-free eggs throughout supply chain
Whether the company's egg suppliers will face difficulty with the new cage-free requirement depends on how they have been affected by the bird flu.
By Carolyn Heneghan • July 8, 2015 -
UPDATE: IPO 'not on the table today,' Hostess owner tells Forbes
Hostess owner Dean Metropoulos denounced the IPO talk from Tuesday.
By David Oliver • July 7, 2015 -
Almond products attractive to major food companies while prices rise
Smucker and Hain Celestial are just two companies that have already jumped on the almond bandwagon, and with 14.5% growth for dairy alternatives in 2014, they likely won't be the last.
By Carolyn Heneghan • July 7, 2015 -
Buffett's Kraft-Heinz merger investment pays off with $24B stake
The Kraft Heinz Co.'s future could include everything from significant cost-cutting measurements to future acquisitions and brand licensing agreements.
By Carolyn Heneghan • July 7, 2015 -
Mondelez slimming down Oreos
This latest Oreos change could shock consumers with an appetite for tradition, but ultimately bring in sales as it did in China last year.
By David Oliver • July 6, 2015 -
Coca-Cola names Alan Boehme new CTO
This is just one of several executive and board member changes the company has made in the past year, but it's unclear whether these changes could ultimately help improve its bottom line.
By Carolyn Heneghan • July 6, 2015 -
Mondelez, D.E. Master Blenders 1753 complete coffee deal
Following the deal, about 85% of Mondelez's net revenues now come from biscuits, chocolate, gum, and candy.
By Carolyn Heneghan • July 2, 2015 -
Lucky Charms to go gluten-free
The change involved altering the oat flour, as the iconic marshmallows were already gluten-free.
By Carolyn Heneghan • July 2, 2015 -
U.S. Department of Agriculture. (2011). [photograph]. Retrieved from https://www.flickr.com/photos/usdagov/5707774275.
JBS USA Pork to acquire Cargill's US pork business
JBS took its first step into the U.S. pork market in 2007 with its acquisition of Swift & Company.
By Carolyn Heneghan • July 2, 2015 -
Smucker slashes Folgers, Dunkin Donuts coffee prices by 6%
The price cuts come after last year's approximately 9% price increase, but whether the lower prices will actually benefit or lure customers back is up for debate.
By Carolyn Heneghan • July 2, 2015 -
Deep Dive
Kraft and Heinz merged. Now what?
Brand shedding and job cut questions hang in the balance.
By David Oliver • July 1, 2015 -
McCormick combats dips in profits, sales with acquisition strategy
The company announced three acquisitions so far in 2015.
By Carolyn Heneghan • July 1, 2015 -
General Mills Q4 net earnings dip 54% on impairment charge
The company's latest moves — job cuts and announced ingredient changes — point to the effects of changing consumer preferences.
By Carolyn Heneghan • July 1, 2015 -
Stockholders approve Kraft-Heinz merger
The long-awaited day is here, as Kraft shareholders overwhelmingly voted "yes" for the merger in a preliminary count.
By David Oliver , Carolyn Heneghan • July 1, 2015 -
US Foods shrugs off Sysco merger for its 'Just Taking Off' campaign
Not one to rest on its laurels during the merger predicament, US Foods is moving forward with innovation.
By Carolyn Heneghan • July 1, 2015 -
Kellogg touching on consumer trends, unveils 40+ new products
The new products strike a balance between healthy and grab-and-go.
By Carolyn Heneghan • June 30, 2015 -
ConAgra posts Q4 earnings, is booting private brands
The company outlined its new strategy going forward, which includes a renewed focus on consumer brands and cost-cutting measures.
By Carolyn Heneghan • June 30, 2015 -
Sysco calls off US Foods merger, opts to 'move on'
Cost-cutting now becomes a top priority for Sysco.
By Carolyn Heneghan • June 29, 2015 -
Blue Bell first ordered a 'withdrawal' instead of notifying consumers: experts
Experts are finding that Blue Bell may have bungled its initial handling of the situation.
By Carolyn Heneghan • June 29, 2015 -
New Cheerios commercial touts 'real' ingredients
The commercial is set in a farmer's market, but General Mills sources its honey from other countries.
By Carolyn Heneghan • June 28, 2015 -
Food and beverage executives keen on new products for growth: survey
While new product innovations led executives' future plans, some of the strategies at the bottom of the heap included M&A and new IT infrastructure and business systems.
By Carolyn Heneghan • June 26, 2015 -
Diamond Foods transforming its snack business
The company has been taking notes from other snack food companies' renewed focus on healthier snacks, packaging, and marketing efforts to reach more consumers.
By Carolyn Heneghan • June 26, 2015 -
General Mills to shed 675 to 725 jobs
The cuts will come from its international business as part of a restructuring plan focused on — you guessed it — cost-cutting and growth efforts.
By David Oliver • June 25, 2015
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