Corporate Operations: Page 302
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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 -
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 -
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 -
Cargill shuttering PA plant, cutting 130 jobs
Cutting jobs and centralizing positions are meant to help offer new products and boost production, according to the company.
By David Oliver • Oct. 29, 2015 -
Bunge: Q3 revenue drops 21%
Bunge is yet another agriculture company dealing with lower commodity prices and decreased demand.
By David Oliver • Oct. 29, 2015 -
Retrieved from PepsiCo on May 06, 2013
PepsiCo launches unbranded Mtn Dew pre-roll featuring NBA star Russell Westbrook
A PepsiCo exec recently denounced pre-roll ads but told Ad Age this pre-roll is different, as it aims to be "commercial content that is at least as exciting and amazing as the non-commercial content."
By Carolyn Heneghan • Oct. 28, 2015 -
J&J Snack Foods ordered to pay $2.1M in back wages
The company had withheld earned wages for overtime and also did not pay minimum wage to some of its temporary workers, according to the U.S. Department of Labor.
By Carolyn Heneghan • Oct. 28, 2015 -
B&G Foods CEO: More acquisitions on the horizon
While the company is still completing its acquisition of Green Giant, B&G is already talking about pursuing more acquisitions in the near future.
By Carolyn Heneghan • Oct. 28, 2015 -
General Mills suffers legal setback in age discrimination case
A federal judge in Minnesota dealt a blow to the cereal giant by allowing the workers the right to be heard in court.
By Tom Starner • Oct. 28, 2015 -
Mondelez posts better-than-expected Q3 profit amid cost cuts, coffee deal
Its profit received an approximately $7.12 billion boost from Mondelez's coffee business divestitures.
By David Oliver • Oct. 28, 2015 -
Hershey: Earnings fall 31%, sales forecast lowered
The company attributed its sales woes to shifts in consumer preferences and retailers limiting their marketing on its products.
By Carolyn Heneghan • Oct. 28, 2015 -
Bob Nichols. (2013). "20130822-OC-RBN-2946" [photograph]. Retrieved from Flickr.
Mercy for Animals calls out Tyson Foods' chicken slaughterhouse practices
Tyson Foods has already fired two of the workers seen on camera.
By Carolyn Heneghan • Oct. 28, 2015