Corporate Operations: Page 332
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Apple crop poised to set records
The crop in Washington state is shaping up so strongly, it may offset crop declines in Michigan and New York.
By Paul Conley • July 9, 2014 -
Cricket-based energy bars look to gain acceptance, one market at a time
Those who market competing bug bars have adopted similar, small-scale marketing techniques.
By Paul Conley • July 8, 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 -
Maker of Nutella buys Turkish hazelnut supplier
The deal gives Ferrero, an Italian confectionery company, guaranteed access to the crucial ingredient in its popular spread.
By Paul Conley • July 8, 2014 -
Former Anheuser-Busch exec calls for new trial
Francine Katz, who lost a lawsuit against the company alleging gender discrimination, says errors were made by the judge.
By Paul Conley • July 8, 2014 -
France's Carrefour to exit India
The move comes after the French retailer failed to create a joint venture with billionaire Sunil Mittal’s Bharti Group.
By Paul Conley • July 8, 2014 -
Wal-Mart owned Asda cuts 1,360 jobs in UK
The move comes as the supermarket industry in England continues to face new challenges.
By Paul Conley • July 7, 2014 -
SABMiller to dump hotel, casino operations in Africa
The global brewer will sell Tsogo Sun Holdings and invest the proceeds in beer operations.
By Paul Conley • July 7, 2014 -
ADM buys flavor company behind Capri Sun for $3.1 billion
The purchase of Wild Flowers boosts the processor's ingredients business, and gives it control of a consumer brand of juice drinks.
By Paul Conley • July 7, 2014 -
Constellation Brands earnings rise, beating expectations
The wine, beer, and liquor company also boosted its outlook for the remainder of the year.
By Paul Conley • July 3, 2014 -
PepsiCo CEO Indra Nooyi says women can't have it all
In an frank interview that has reverberated across social media, Nooyi talked of the difficulty she experienced juggling both career and family.
By Paul Conley • July 3, 2014 -
Anheuser Busch InBev buys Czech Budweiser
The deal is aimed at boosting Anheuser Busch InBev's claim to the Budweiser trademark.
By Paul Conley • July 3, 2014 -
Kroger buys online vitamin seller Vitacost for $280 million
The move seems to be aimed at boosting Internet offerings of the nation's largest brick-and-mortar grocer.
By Paul Conley • July 3, 2014 -
Diageo succeeds in second attempt to take control of United Spirits
The offer from the world's largest distiller in April has now won over enough shareholders for the companies to combine.
By Paul Conley • July 3, 2014 -
Richard Zimmerman, former Hershey CEO, dies at 82
Zimmerman spent 35 years at the chocolate company, leading the company through a time of tremendous change.
By Paul Conley • July 2, 2014 -
Groupon purchases grocery coupon app SnapSaves
The app has grown to 2 million users since debuting in Canada last August.
By Paul Conley • July 2, 2014 -
US and Korea sign organic trade pact
The deal opens the way for processors in both countries to sell across borders, effectively ending a ban on exports to Korea that has been in place since January.
By Paul Conley • July 2, 2014 -
Nestle sells Juicy Juice to Brynwood Partners
The sale follows an announcement of Nestle's efforts to shed underperforming units.
By Paul Conley • July 2, 2014 -
Treehouse Foods buys Flagstone for $860M
The tie-up gives the private-brand powerhouse a new product line of healthy snacks.
By Paul Conley • July 1, 2014 -
UK government petitions America to bring back haggis
The U.K. wants America to lift its ban on imports of the Scottish food, which is made with sheep lung.
By Paul Conley • July 1, 2014 -
Hormel to buy Muscle Milk maker in $450 million deal
The purchase marks a departure for Hormel from its traditional meat-processing business.
By Paul Conley • July 1, 2014 -
Pinnacle steps aside, clearing Tyson's takeover of Hillshire
Pinnacle accepted the $163 million break-up fee included in its proposed merger with Hillshire.
By Paul Conley • July 1, 2014 -
Hamburger Helper revamp doesn't lend it a hand
General Mills says sales of its Hamburger Helper line have fallen further, despite tweaks to ingredients and marketing.
By Paul Conley • June 30, 2014 -
Old Bay Seasoning may leave Maryland
Parent company McCormick & Co. is eyeing a new home.
By Paul Conley • June 30, 2014 -
Deep Dive
Four cool food products spotted at IFT
From bug bars to "miracle berries," here are some products and trends that caught our eye at IFT's recent conference.
By Kelsey Lindsey • June 27, 2014 -
Toshiba to grow vegetables in 'plant factory'
The electronics giant has started production of plants in a new "ultra-clean" environment.
By Paul Conley • June 27, 2014