Corporate Operations: Page 300
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McCormick seals $100M Stubb's acquisition
The company is gaining a stronger foothold in the premium sauce and grilling products categories.
By Carolyn Heneghan • Aug. 21, 2015 -
Lawsuit filed against Costco amid supply chain slavery concerns
This is just the latest of several strikes against Costco for operations and policies.
By Carolyn Heneghan • Aug. 20, 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 -
Hormel: Higher meat profits offsets bird flu damage to turkey segment
The company can thank Skippy peanut butter and Wholly Guacamole for a sales uptick in grocery.
By Carolyn Heneghan • Aug. 20, 2015 -
Deep Dive
Inc. 5000: 14 of the industry's fastest-growing private food and beverage companies
These companies are ripe for acquisitions, a booming industry trend.
By Carolyn Heneghan • Aug. 19, 2015 -
Coke's Suja investment is official: BevNET
Drink up: The deal means $90 million for investors.
By David Oliver • Aug. 19, 2015 -
Nomad Foods to pursue US frozen food acquisitions
This focus on frozen foods comes despite the industry being down in sales the past few years.
By Carolyn Heneghan • Aug. 19, 2015 -
Kellogg still on target to close GA facility by end of 2015
Project K remains in full cost-cutting force.
By Carolyn Heneghan • Aug. 19, 2015 -
General Mills embraces trends for recent product developments
Count Chocula beer — need we say more?
By Carolyn Heneghan • Aug. 19, 2015 -
Coca-Cola: NYT article 'created confusion' about research funding
Can more transparency help improve the reputation of future company-funded research?
By Carolyn Heneghan • Aug. 18, 2015 -
Blue Bell making its way back to freezers
The company was nearly devastated by the recall, including having to lay off more than one-third of its workforce.
By Carolyn Heneghan • Aug. 18, 2015 -
Natural condiments maker Sir Kensington's relishes $8.5M investment
Spreading the wealth: The company will use the investment to expand distribution, product development, and marketing, including adding the expertise of a former AB InBev CMO to its board.
By Carolyn Heneghan • Aug. 18, 2015 -
ConAgra appoints Serrao to new chief growth officer position
There aren't plans to announce a new CMO; Serrao will oversee a multi-departmental entity called the Growth Center of Excellence, which will include marketing.
By Carolyn Heneghan • Aug. 18, 2015 -
Cargill acquires Norwegian aquaculture company for $1.5B
The company is expanding its footprint in the aquaculture industry as it veers away from an underperformer — pork.
By Carolyn Heneghan • Aug. 17, 2015 -
Amid flat sales, Diageo CEO gets a 48% pay cut
This may signal the need to refocus the company's efforts on premium spirits, which consumers are beginning to prefer.
By Carolyn Heneghan • Aug. 17, 2015 -
Tyson to shut down IA beef processing plant, cut 400 jobs
Blame the dwindling cattle herds in the U.S.
By Carolyn Heneghan • Aug. 17, 2015 -
Sysco stock hits 20-month high after major activist investment
There's been a lot at "stake" in the food business lately.
By Carolyn Heneghan • Aug. 17, 2015 -
JBS: Lower profits on pork prices decline
The company has been impacted by the fast return of the hog supply following a deadly virus that killed millions of baby pigs.
By Carolyn Heneghan • Aug. 14, 2015 -
Diageo sues Captain Amsterdam over Captain Morgan trademark
The company claims this is causing "irreparable injury" to the Captain Morgan brand. The characters look like twins.
By Carolyn Heneghan • Aug. 14, 2015 -
Former Dean Foods chairman Davis subject of insider trading investigation: reports
Thomas Davis is suspected of passing information about a Dean Foods 2012 spinoff to a gambler who allegedly gave information to golfer Phil Mickelson.
By Carolyn Heneghan • Aug. 14, 2015 -
Friday Flavors: Pumpkin spice (yes, already) and Wheaties beer
Plus: spreadable beer exists. Thanks for the tip, Bloomberg.
By David Oliver • Aug. 13, 2015 -
Coca-Cola appoints president and COO, James Quincey
Coca-Cola's c-suite is very different than last October — but will that translate to real improvement at an "important time?"
By David Oliver • Aug. 13, 2015 -
Nestle beats organic growth estimates, cites 'promising' revamps
It's a frozen food frenzy for Nestle: The company has zeroed in on the segment in North America and seen positive results.
By Carolyn Heneghan • Aug. 13, 2015 -
Syngenta to expand seed treatment research facility
Trend alert: The industry is amping up its R&D investments.
By Carolyn Heneghan • Aug. 13, 2015 -
Blue Bell trucks 'on the road again' with products
The company's next battle will be to convince retailers and consumers that the ice cream is safe.
By Carolyn Heneghan • Aug. 13, 2015 -
Bumble Bee Foods agrees to $6M settlement after employee's death
Three years ago, the employee was accidentally cooked in an oven used for sterilizing cans of tuna.
By Carolyn Heneghan • Aug. 13, 2015