Corporate Operations: Page 300
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Deep Dive
Why ConAgra's split intensifies industry pressure for profitability
With battle lines drawn, manufacturers like ConAgra Foods are maneuvering to keep on trend and make a profit.
By David Oliver • Nov. 19, 2015 -
Monsanto CEO: Plan for growth to focus on data science
The company intends to implement new crop-boosting technologies, including microbials, and expand into new markets.
By Carolyn Heneghan • Nov. 19, 2015 -
Explore the Trendline➔
Courtesy of PIPA
TrendlineGetting reformulation right: How food companies are rethinking ingredients to meet consumer demand
Ingredient suppliers and companies like PepsiCo and Conagra are working closer together to overhaul brands to cater to a rise in healthy eating and expanding GLP-1 use.
By Food Dive staff -
Smucker: Sales rise thanks to Big Heart acquisition, coffee segment
U.S. retail coffee sales for the company rose 10%, while Big Heart contributed $576.7 million in sales out of $2.08 billion total.
By Carolyn Heneghan • Nov. 19, 2015 -
Coca-Cola hopes sparkling water can revive performance
Its sparkling version of smartwater will debut at restaurants, hotels, and stores in New York City, Los Angeles, and Miami with expansion planned for next year.
By Carolyn Heneghan • Nov. 19, 2015 -
Keurig: Stock soars though revenue, net income decline
Can its new Kold machine turn sales around over the holidays?
By Carolyn Heneghan • Nov. 19, 2015 -
Heineken to discontinue Desperados tequila-flavored beer in US
The brand is popular globally, but the company wants to focus on its four core brands, a Heineken USA spokesperson told Ad Age.
By Carolyn Heneghan • Nov. 19, 2015 -
CFI summit showcases food company transparency research, index
Consumers hold food companies more accountable for transparency than any other food industry entity, such as farmers, grocery stores, and restaurants.
By Carolyn Heneghan • Nov. 18, 2015 -
SEC charges several in alleged Marley Coffee pump-and-dump scheme
The former CEO and several offshore entities were allegedly involved.
By Carolyn Heneghan • Nov. 18, 2015 -
ConAgra Foods plans split into 2 public companies
The split is expected to finalize next fall, with ConAgra Foods shareholders retaining shares in each company.
By David Oliver • Nov. 18, 2015 -
Smithfield CEO Pope to retire, replaced by COO
President and COO Kenneth M. Sullivan will take over as CEO at the year's end.
By Carolyn Heneghan • Nov. 17, 2015 -
WhiteWave shakes up management, creates COO position
Many of the changes are within the company's Americas Foods & Beverages business, which accounted for close to 70% of the company's sales as of Sept. 30.
By Carolyn Heneghan • Nov. 17, 2015 -
Constellation to acquire craft brewer Ballast Point for $1B
Ballast Point's volume grew by more than 100% since last year.
By Carolyn Heneghan • Nov. 17, 2015 -
Rye whiskey sees 536% volume growth in 5 years
The resurgence is attributed in part to the rise of consumers' preferences for classic cocktails.
By Carolyn Heneghan • Nov. 16, 2015 -
Gorton's Seafood commits to simpler ingredients, label
The company's move is in line with an industry that is removing artificial ingredients and simplifying labels across the board.
By Carolyn Heneghan • Nov. 16, 2015 -
Activist investor Daniel Loeb acquires $582M stake in Kraft Heinz
Loeb's company Third Point also includes Anheuser-Busch InBev, Molson Coors, and Constellation Brands in the top 20 stocks in its portfolio as of Nov. 13
By Carolyn Heneghan • Nov. 16, 2015 -
Diageo ramps up North American marketing efforts
The company hopes to turn around weak sales in North America, its biggest market, by focusing on consumer analysis and tracking emerging trends.
By Carolyn Heneghan • Nov. 13, 2015 -
Campbell recalls 355K cans of SpaghettiOs on possible choking hazard
Pieces of red plastic were found in some of the cans, consumers said.
By Carolyn Heneghan • Nov. 13, 2015 -
Technomic exec: ConAgra lacking in 'power brands'
Slimming down its brands portfolio could make the company more agile and is in line with other changes ConAgra has announced this year.
By Carolyn Heneghan • Nov. 13, 2015 -
Hershey debuts Kisses, milk chocolate bars without artificial flavors for the holidays
The reformulated Kisses will also launch the SmartLabel, a new standardized tool for food company transparency.
By Carolyn Heneghan • Nov. 13, 2015 -
Flowers Foods: Sales increase, recent acquisitions offer expansion opportunities
The company is developing its portfolio of organic and all-natural breads through strategic acquisitions.
By Carolyn Heneghan • Nov. 12, 2015 -
SABMiller: Profit falls 18% on currency headwinds, flat lager volumes
To pick up the slack, the company has been expanding aggressively into the nonalcoholic beverage space. Its takeover offer from AB InBev was finalized this week.
By Carolyn Heneghan • Nov. 12, 2015 -
Bill Ackman: Coca-Cola 'caused enormous damage to society'
Ackman called sugar a "poison" and Coca-Cola "a company that I wouldn’t own." His company Pershing Square recently acquired a $5.5 billion stake in Mondelez.
By Carolyn Heneghan • Nov. 12, 2015 -
UPDATE: Quality Pork Processors making corrective changes following video
This includes barring an employee seen paddling pigs from working in the plan'ts livestock section.
By Carolyn Heneghan • Nov. 12, 2015 -
Symrise sees increased sales and profits
The company reported it is one of the most profitable in the industry.
By Carol Wiley • Nov. 11, 2015 -
Majority of employers planning to increase salaries for current employees
A recent study from CareerBuilder and Economic Modeling Specialists Intl. revealed which industries are seeing wage gains — and decreases.
By Kathryn Moody • Nov. 11, 2015