Corporate Operations: Page 33

  • Activists protest with signs calling for climate action on food systems.
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    Sean Gallup via Getty Images
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    Here’s the UN’s roadmap for agriculture to reach net-zero emissions

    A landmark report released at COP28 says wholesale changes to production practices and diets will be needed to keep temperatures in check while ensuring food security needs are met.

    By • Dec. 11, 2023
  • A bank employee counts U.S. dollars banknotes at the headquarters of the Korea Exchange Bank.
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    Chung Sung-Jun via Getty Images
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    Tracker

    How much do food and beverage CEOs really make?

    An SEC rule requires companies to publish changes in stock awards given to executives. In many cases, it means millions more in previously undisclosed compensation. 

    By • Dec. 11, 2023
  • Mergers and acquisitions Explore the Trendline➔
    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
  • Green COP28 flags line palm trees on a walkway leading to a dome with conference attendees scattered around.
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    Sean Gallup via Getty Images
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    Draft text of COP28 agreement leaves food off the table

    Nestlé and PepsiCo joined environmental groups in calling on negotiators to take "more ambitious, comprehensive, and equitable climate action on food."

    By • Dec. 11, 2023
  • General Mills' Wellston, Ohio, pizza plant.
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    Retrieved from Ohio Southeast Economic Development on August 31, 2022
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    General Mills leadership changes further push into pets, international segments

    The food giant promoted Jon Nudi, who previously helmed its North American food segment, to lead the two segments driving the most growth for the company.

    By • Dec. 8, 2023
  • perdue air fried wings
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    Courtesy of Perdue
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    Column

    Leftovers: Perdue takes on takeout with air fryer-ready wings | Idahoan shreds potato category with bold flavors

    The poultry giant aims to combat soggy chicken wings with a home-cooked alternative, and vertical farm Oishii debuts a sweet tomato developed using AI.

    By Food Dive staff • Dec. 8, 2023
  • People arrive at a theater where a picture of farmland is projected on a screen with the word "Action."
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    Sean Gallup via Getty Images
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    The biggest food sustainability pledges at COP28, from Bezos to JBS

    Food companies commit millions of dollars to tackle methane and advance regenerative agriculture, while governments prioritize farming in climate action plans. Here are the highlights from the U.N. climate summit in Dubai.

    By • Dec. 8, 2023
  • white claw nonalcoholic
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    Courtesy of White Claw
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    White Claw enters nonalcoholic category with zero-proof beverage

    The leading brand in the hard seltzer space is capitalizing on the growing number of Gen Z consumers abstaining from alcohol with electrolyte-infused, booze-free drinks in four flavors.

    By • Dec. 7, 2023
  • Campbell Soup's brings its nearly $1 billion Goldfish brand into crisps.
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    Courtesy of Campbell Soup
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    Campbell Soup’s Goldfish launches potato chip-inspired crisps

    The innovation marks the first time the food manufacturer incorporated spuds into the nearly $1 billion snacking brand, which is popular among teens and adults.

    By • Dec. 7, 2023
  • Mondelez International
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    Permission granted by Mondelez International
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    Consumers on weight-loss drugs buying less in certain grocery aisles, study finds

    Buy rates are down as much as 20% in some categories, with bakery and snacks among the hardest hit, Numerator found.

    By • Dec. 7, 2023
  • In this photo illustration, bottles of Modelo Especial beer sit on a table.
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    Mario Tama/Getty Images via Getty Images
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    Beer slump helped by growth in premium offerings, Constellation Brands CFO says

    The executive noted consumers are spending more on expensive brews, helping the Modelo and Corona maker gain shelf space.

    By • Dec. 6, 2023
  • An AI-generated astronaut holds a bottle of Coca-Cola
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    Courtesy of Coca-Cola
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    What Coca-Cola’s generative AI experiments mean for the brand’s future

    Selman Careaga, president of the global Coca‑Cola category, detailed how the brand balances artificial and human intelligence.

    By Chris Kelly • Dec. 5, 2023
  • general mills
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    Courtesy of General Mills
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    General Mills leans into cereal as a snack with new twists on old favorites

    The CPG giant is betting on consumers continuing to see the breakfast staple as a treat option with new flavors and mini versions of some of its biggest brands.

    By • Dec. 5, 2023
  • Banners reading "COP28 UAE" are seen
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    Chris Jackson via Getty Images
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    Over 130 countries sign COP28 pledge to integrate food into climate action

    Notably absent from the list of signatories is India, which has said it will refuse to sign on to any agreement that could compromise food security.

    By • Dec. 4, 2023
  • Bowls of cereal made by Post Holdings.
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    Permission granted by Post Holdings
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    Post Holdings to close cereal manufacturing plant in Ohio

    The Lancaster facility has about 200 employees and is expected to close by the end of September 2024. Production will be transferred to other locations.

    By • Dec. 1, 2023
  • canned foods
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    Scott Olson via Getty Images
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    Biden steel tariffs could drive up canned goods prices, trade group says

    The Consumer Brands Association also said the tax could result in the loss of tens of thousands of manufacturing jobs in the CPG food sector.

    By • Dec. 1, 2023
  • A partially sliced Juicy Marbles Plant-Based Loin Roast sits on a wooden cutting board on a textured white surface, A knife and mustard seeds are on the board, and a plate, sauce and herbs are near.
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    Courtesy of Juicy Marbles
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    Exposure doesn’t sway consumers to plant-based meat

    A new study from Appetite suggests companies must adopt creative strategies to broaden their consumer base.

    By Elizabeth Flood • Nov. 30, 2023
  • Robotic arms pack cases of Tyson products.
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    Courtesy of Tyson Foods
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    Tyson debuts $300M highly automated chicken plant

    The Virginia facility is one of the food giant's most technologically advanced, and is expected to churn out 4 million pounds of protein a week.

    By • Nov. 30, 2023
  • hormel jennieo turkey
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    Courtesy of Hormel
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    Turkey drags down Hormel earnings amid inflation, bird flu headwinds

    In the company’s earnings call, CEO Jim Snee signaled caution ahead of the new year, projecting a decline in sales as consumers cut back on spending.

    By • Nov. 30, 2023
  • Men stand outside a building with a sign reading "COP28UAE"
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    Sean Gallup via Getty Images
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    Food system transformation on the menu at COP28

    Agriculture will be central to climate talks for the first time as the UN pushes nations to tackle farming's toll on the environment.

    By • Nov. 29, 2023
  • A farmer speaks with two people in the middle of a taro farm
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    Retrieved from Alyssa Whitcraft via Arizona State University on November 27, 2023
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    NASA is helping Hawai’i farmers grow more food with AI

    Through the use of machine learning and satellite technology, researchers are working with Maui farmers to address food security and rebuild local agriculture with a focus on local tradition.

    By Lauren Liebhaber • Nov. 28, 2023
  • A group of people on bikes and skateboards ride a road near a mountain range.
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    Courtesy of Anheuser-Busch InBev
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    Anheuser-Busch spends $13M to upgrade Georgia brewery

    The investment in its Cartersville location will increase the production of its craft offerings and beyond beer portfolio, which includes hard seltzers and canned cocktails.

    By • Nov. 27, 2023
  • eggs grocery store
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    Brandon Bell via Getty Images
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    Nestlé, Kraft defeat egg producers in price-fixing case

    An Illinois federal jury found Cal-Maine and other egg giants liable for limiting the supply of the protein in 2004-2008 in an effort to drive up costs. Damages are set to be awarded to companies such as Nestlé, Kraft and Kellogg.

    By • Nov. 27, 2023
  • A close up of a fisherman overlaid with copy that reads "F***ing isn't what you think it is."
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    Courtesy of Secret Island Salmon
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    Secret Island Salmon swims upstream with ‘F-word’ campaign

    Edgy messaging is helping the direct-to-consumer brand drive awareness as it prepares for a broader launch at retail.

    By Christine Blank • Nov. 27, 2023
  • An image of a Hidden Valley Ranch bottle.
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    Courtesy of Clorox
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    Column

    Leftovers: Hidden Valley Ranch doubles down on flavor | My Mochi debuts pickle variety

    The Clorox-owned salad dressing brand is adding more spices and herbs in a special X-shaped bottle, and Ojoy unveils a low-alcohol alternative to champagne ahead of the holiday season.

    By Food Dive staff • Nov. 22, 2023
  • An aerial view of a pineapple plantation nested inside forested area
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    Permission granted by Fresh Del Monte
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    How Fresh Del Monte uses its farms to test regenerative agriculture efforts

    The produce giant is stepping up to address gaps in sustainability for tropical fruits by experimenting with conservation efforts on company-owned farms.

    By • Nov. 22, 2023