Corporate Operations: Page 300
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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 -
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 -
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 -
Cott stock tops soda competitors as bottled water thrives
The soda industry is being edged out by bottled water, and Canadian beverage producer Cott is enjoying the rewards.
By Carolyn Heneghan • June 25, 2015 -
Post's Michael Foods sues egg farm for contract breach
Michael Foods has seen "irreparable" harm from the farm's dwindling egg supply, causing Post to have already relieved the company of its product commitments.
By Carolyn Heneghan • June 25, 2015 -
Whole Foods faces overcharging by weight accusation in NYC: reports
The retailer failed all 80 product tests in yet another case of allegedly overcharging customers for incorrectly labeled product weights.
By Carolyn Heneghan • June 25, 2015 -
Monsanto sales, profit up on agri-products, Scotts deal
The Scotts deal turned many issues around in Q3, making up for decreasing herbicide prices, the strength of the dollar, and lower grain prices.
By Carolyn Heneghan • June 24, 2015 -
McCormick to acquire Stubb's for $100M in cash
This is acquisition No. 3 for McCormick this year and represents another step into the sauces category.
By Carolyn Heneghan • June 24, 2015 -
Ahold to acquire Delhaize; would form 6th largest US food retailer
...but the merger could mean a supply chain shake-up: Both companies see about two-thirds of their sales on the U.S. east coast, where overlapping exists in terms of distribution centers.
By Carolyn Heneghan • June 24, 2015 -
Nestle appoints new CFO, head of operations
The company looked to both the pharmaceutical industry and within its own management in developed and emerging markets to find candidates.
By Carolyn Heneghan • June 24, 2015 -
AB InBev plans $1.5B US investment
The company will use this investment to expand breweries and other projects that could recoup some of the jobs AB InBev cut back in November, as the company has struggled in the U.S.
By Carolyn Heneghan • June 23, 2015 -
Judge takes FTC side in US Foods, Sysco case
This long-winded battle could be coming to a close; both companies have said the federal judge's decision would be critical to the merger's survival.
By David Oliver • June 23, 2015 -
Monsanto still targeting Syngenta for takeover bid
The back-and-forth between the companies continues: Syngenta chairman Michel Demaré headed to YouTube to highlight the necessary qualifications for a "serious" potential takeover offer.
By Carolyn Heneghan • June 23, 2015 -
Heinz sued over trans fat false marketing claim
The FDA's recent statement said nothing about products currently on the market, so products with PHOs are facing more lawsuits.
By Carolyn Heneghan • June 23, 2015 -
Ferrero increasing empire, acquires UK chocolate maker Thorntons
Ferrero gains another strong brand for its portfolio, a stronger foothold in the U.K. market and it could lead to renewed focus on distribution markets in the U.S.
By Carolyn Heneghan • June 22, 2015 -
General Mills to boot cereal artificial colors, flavors
Ths cereal giant's commitment could spell the beginning of the end of artificial colors and flavors for breakfast cereal companies, especially considering lackluster performances.
By David Oliver • June 22, 2015 -
Kraft's Capri Sun targeted in 'all natural' labeling lawsuit
This is not Capri Sun's first "all natural" lawsuit. It was the subject of a similar one in 2007 that was dropped.
By Carolyn Heneghan • June 22, 2015 -
Post's egg losses not as severe after flu quarantine ends
Good news for Post, but others in the poultry industry are contending with job cuts, a potential cut in the USDA's budget, and a production model overhaul.
By Carolyn Heneghan • June 22, 2015 -
Hershey to slash 300 jobs; revenue outlook dips
The company employs about 13,000 people worldwide.
By David Oliver • June 19, 2015 -
ConAgra's private-label foods under fire from activist investor Jana
Ralcorp has thus far been a disappointing acquisition for the company.
By Carolyn Heneghan • June 19, 2015 -
Berkshire Hathaway now Heinz majority stakeholder
The former issued a warrant in connection to its acquisition of the latter with 3G Capital in 2013.
By Carolyn Heneghan • June 19, 2015 -
Deep Dive
Nestle USA exec: 'Americans are just simply not dieting anymore'
Food Dive caught up with Jeff Hamilton, the company's president of prepared foods, on how products like Lean Cuisine are keeping up with consumer trends.
By David Oliver • June 18, 2015 -
US Foods to shutter distribution center
The Maryland center's closure could mean the loss of 350 jobs.
By Carolyn Heneghan • June 18, 2015 -
Morton Salt relocating headquarters to Chicago's River Point tower
The company's new upscale headquarters will align with last year's brand refresh.
By Carolyn Heneghan • June 18, 2015 -
Deep Dive
5 products accused of mislabeling issues
Food and beverage companies are having to be more careful than ever about the claims made on their labeling.
By Carolyn Heneghan • June 17, 2015