Corporate Operations: Page 305
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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 -
Deep Dive
Kraft and Heinz merged. Now what?
Brand shedding and job cut questions hang in the balance.
By David Oliver • July 1, 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 -
McCormick combats dips in profits, sales with acquisition strategy
The company announced three acquisitions so far in 2015.
By Carolyn Heneghan • July 1, 2015 -
General Mills Q4 net earnings dip 54% on impairment charge
The company's latest moves — job cuts and announced ingredient changes — point to the effects of changing consumer preferences.
By Carolyn Heneghan • July 1, 2015 -
Stockholders approve Kraft-Heinz merger
The long-awaited day is here, as Kraft shareholders overwhelmingly voted "yes" for the merger in a preliminary count.
By David Oliver , Carolyn Heneghan • July 1, 2015 -
US Foods shrugs off Sysco merger for its 'Just Taking Off' campaign
Not one to rest on its laurels during the merger predicament, US Foods is moving forward with innovation.
By Carolyn Heneghan • July 1, 2015 -
Kellogg touching on consumer trends, unveils 40+ new products
The new products strike a balance between healthy and grab-and-go.
By Carolyn Heneghan • June 30, 2015 -
ConAgra posts Q4 earnings, is booting private brands
The company outlined its new strategy going forward, which includes a renewed focus on consumer brands and cost-cutting measures.
By Carolyn Heneghan • June 30, 2015 -
Sysco calls off US Foods merger, opts to 'move on'
Cost-cutting now becomes a top priority for Sysco.
By Carolyn Heneghan • June 29, 2015 -
Blue Bell first ordered a 'withdrawal' instead of notifying consumers: experts
Experts are finding that Blue Bell may have bungled its initial handling of the situation.
By Carolyn Heneghan • June 29, 2015 -
New Cheerios commercial touts 'real' ingredients
The commercial is set in a farmer's market, but General Mills sources its honey from other countries.
By Carolyn Heneghan • June 28, 2015 -
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 -
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
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