Corporate Operations: Page 304
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Diageo appoints Thompson as North America CMO
With another leadership shakeup for Diageo North America, more growth may not be far behind.
By Carolyn Heneghan • July 15, 2015 -
General Mills announces new products, adapts to consumer trends
Even larger product overhauls and bigger investments in product development may be required to capture health-wise consumers.
By Carolyn Heneghan • July 14, 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 -
Honey Maid embraces diversity in #ThisIsWholesome campaign
In the face of backlash, companies are promoting appreciation and acceptance of diversity.
By Carolyn Heneghan • July 14, 2015 -
Smithfield adds more sustainability goals after hitting 2010 targets
Smithfield's new goals include; report antibiotic use on an annual basis and no USDA recalls.
By Carolyn Heneghan • July 14, 2015 -
Tyson agrees to up to $9M settlement in Van's 'all-natural' lawsuit
Even though the company is settling, Tyson has remained vocal against the accusations.
By Carolyn Heneghan • July 13, 2015 -
US Foods announces new president and CEO
After the failed merger with Sysco, the company is relaunching under new leadership.
By Carolyn Heneghan • July 12, 2015 -
JBS embraces more transparency in meatpacking operations
JBS is balancing consumer demands with a desire to control how the blood and guts of meatpacking is revealed.
By Carolyn Heneghan • July 12, 2015 -
Hampton Creek hires Sebelius to advise on policy efforts
Companies, which had not been highly visible in the political arena, are becoming players for change in food policy.
By Carolyn Heneghan • July 12, 2015 -
Friday Flavors: An ode to the Oreo and a vegetarian drive-thru
... Plus, which pop culture phenomenon stopped by General Mills' headquarters?
By David Oliver • July 10, 2015 -
Kraft Heinz requesting tax breaks for plant updates that could cost jobs
This request comes with the ink barely dry on the merger of the two companies that formed the fifth-largest food and beverage company in the world.
By Carolyn Heneghan • July 10, 2015 -
Blue Bell AL creamery to start test production
It's the latest step in the Blue Bell recall saga, and whether it will stand as a model for what companies should do following a recall is unclear.
By Carolyn Heneghan • July 10, 2015 -
PepsiCo boosts earnings forecast as profit, revenue exceed expectations
The company points to the payoff in raising prices to its Americas beverage business.
By David Oliver • July 9, 2015 -
Ingredion to purchase Kerr Concentrates for $100M
This purchase is intended to continue Ingredion's push into the clean label sector.
By David Oliver • July 9, 2015 -
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 -
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