Corporate Operations: Page 317
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Deep Dive
Striking layoffs in the food and beverage industry in 2014
While the economy continued to recover in 2014, and as unemployment fell, the food and beverage industry continued to see job losses.
By Paul Conley • Dec. 31, 2014 -
Kellogg poised to win Bisco Misr, as Abraaj Group bows out
Abraaj's surrender potentially ends a months-long battle for control of the snack maker.
By Paul Conley • Dec. 31, 2014 -
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 sees more changes
The frozen foods unit, as well as organic unit Small Planet, have been merged into other businesses.
By Paul Conley • Dec. 30, 2014 -
Bisco Misr bidding deadline prolonged amid rising offers
The decision comes just days after Kellogg again raised its bid for the Egyptian sweets maker.
By Paul Conley • Dec. 29, 2014 -
Coca-Cola to soon slash as many as 2,000 jobs
The soft drink giant is looking to lower costs as soda sales stumble across the globe.
By Paul Conley • Dec. 26, 2014 -
Keurig signals recall on millions of coffee makers
Around 7.2 million machines are being recalled.
By David Oliver • Dec. 23, 2014 -
Dollar store merger expected to be delayed again
While a judge cleared the way for a vote on Dollar Tree’s merger with Family Dollar, shareholders are expected to delay things.
By Daphne Howland • Dec. 23, 2014 -
Kansas wheat could be big winner in new Cuba trade
Kansas farmers and politicians are eager to resume shipments to the island nation.
By Paul Conley • Dec. 23, 2014 -
Coca-Cola to begin construction of plant in Gaza
The Israeli government has allowed entry of the first trucks bearing equipment for the new plant.
By Paul Conley • Dec. 23, 2014 -
Nestle sells Mexico ice cream unit to Grupo Herdez
The deal gives Grupo Herdez control of a number of brands, including Mega and PelaPop.
By Paul Conley • Dec. 23, 2014 -
Kellogg plant in Ontario closes
Nearly a year to the day after announcing the shutdown, the last workers at the plant have been let go.
By Paul Conley • Dec. 22, 2014 -
Perky Jerky pushes into Asian markets
The high-end jerky brand has its eyes on the jerky-crazed markets of Asia.
By Paul Conley • Dec. 22, 2014 -
Cargill warns of 'mass' layoff in Tennessee
The company says the job cuts near Memphis, TN, are tied to the closing of a corn mill.
By Paul Conley • Dec. 22, 2014 -
Albertsons and Safeway to sell 168 stores
The sale is pending Federal Trade Commission approval.
By David Oliver • Dec. 19, 2014 -
Friday Flavors: Pig fat cream and 'nut rage'
Every Friday we bring you some interesting reads in the food sphere from the past five days.
By David Oliver • Dec. 19, 2014 -
Deep Dive
Food Dive's most popular industry stories of 2014
Out of all the stories we published in 2014, what did you click on most?
By David Oliver • Dec. 19, 2014 -
Hawaii County Council votes to appeal GMO ruling
The 5-4 vote highlights how close the split is over engineered food in Hawaii.
By Paul Conley • Dec. 19, 2014 -
ConAgra sales drop again as private-label unit continues to stumble
The packaged foods giant reported disappointing earnings and lay the blame, again, on difficulties arising from its purchase of Ralcorp.
By Paul Conley • Dec. 19, 2014 -
Bumble Bee sold to rival Thai Union for $1.5B
The sale gives Thai Union control of two of the three largest tuna brands in the U.S.
By Paul Conley • Dec. 19, 2014 -
Syngenta drops lawsuit against Bunge in GMO corn dispute
The move comes as speculation builds that China will open its borders to imports of Syngenta's Viptera strain, which it reportedly has now approved.
By Paul Conley • Dec. 18, 2014 -
Clemens Food Group to build pork plant in Michigan
The $255.7 million plant is expected to add more than 800 jobs to the region.
By Paul Conley • Dec. 18, 2014 -
Diageo says US sales worse than expected
Shares in the maker of brands such as Ciroc, Johnnie Walker, and Smirnoff fell 2% on the news.
By Paul Conley • Dec. 18, 2014 -
Cuba deal could be good news for US agriculture
The diplomatic shift opens the way for the return of the two-way food traffic that once dominated trade between the two nations.
By Paul Conley • Dec. 18, 2014 -
Deep Dive
Four new CEOs with their work cut out for them in 2015
It's good to be the boss - unless, perhaps, you're at the helm of a company facing tremendous challenges.
By Paul Conley • Dec. 17, 2014 -
General Mills eyes 37% profit dip
General Mills' fiscal second quarter report is out, and there's a steep decline in profit.
By David Oliver • Dec. 17, 2014