Corporate Operations: Page 337
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Kraft purges advertising companies as sales fall
The packaged foods giant is firing a slew of agencies and consolidating its work to just four groups.
By Paul Conley • Nov. 10, 2014 -
Succession battles brewing at Nestle and PepsiCo
It's unclear who is next in line for the top job at two of the biggest food and beverage companies.
By Paul Conley • Nov. 10, 2014 -
Explore the Trendline➔
Courtesy of PIPA
TrendlineGetting reformulation right: How food companies are rethinking ingredients to meet consumer demand
Ingredient suppliers and companies like PepsiCo and Conagra are working closer together to overhaul brands to cater to a rise in healthy eating and expanding GLP-1 use.
By Food Dive staff -
Carlsberg sales rise, profit holds despite Russia woes
The Denmark-based brewer expects modest growth through the holiday season and reiterated its forecast for the year.
By Paul Conley • Nov. 10, 2014 -
General Mills lowers sales, profit prediction
The Cheerios and Haagen-Dazs-maker based its decision on the beleaguered food industry.
By David Oliver • Nov. 7, 2014 -
Hain Celestial sales soar despite nut butter recall
The maker of organic and natural food brands said sales in its most recent quarter were at an all-time high.
By Paul Conley • Nov. 7, 2014 -
Barry Callebaut's CEO to step down next year
The news comes as the Swiss chocolate giant said profit for the year rose 14.5%.
By Paul Conley • Nov. 7, 2014 -
Tate & Lyle profit plummets 40%
The maker of Splenda and other sweeteners blamed its long-running problems on its supply chain.
By Paul Conley • Nov. 7, 2014 -
USDA
Friday Flavors: A pumpkin and a pack rat
Every Friday we bring you some fun and tasty reads from the past five days.
By David Oliver • Nov. 6, 2014 -
Deep DiveSugar rush: Five factors driving prices across the globe
The global sugar trade is getting strange as a perfect storm of factors applies pressure from every direction.
By Paul Conley • Nov. 6, 2014 -
AB InBev buys Oregon craft brewer 10 Barrel
The purchase adds to Anheuser-Busch's growing presence in the craft space.
By Paul Conley • Nov. 6, 2014 -
Mondelez is upbeat despite plunge in profit
The cookies and treats giant raised its forecast for the full year although it had a disappointing third quarter.
By Paul Conley • Nov. 6, 2014 -
ADM names new CEO, Woertz to remain as chairman
The unexpected move puts Juan Luciano, who joined the company in 2011, at the helm.
By Paul Conley • Nov. 6, 2014 -
Delhaize returns to profit on US sales, will sell Bottom Dollar chain to Aldi
The Belgian parent of the Food Lion and Hannaford grocery chains said margins improved in the U.S.
By Paul Conley • Nov. 6, 2014 -
Snyder's-Lance boosts investment in Late July organic snacks
The snack maker also announced the creation of a new "Better for You" division.
By Paul Conley • Nov. 5, 2014 -
Reyes buys Gold Coast to become largest beer distributor in nation
The family-owned company now transports more suds than Anheuser-Busch InBev.
By Paul Conley • Nov. 5, 2014 -
ADM earnings soar despite plunge in revenue
The agribusiness giant cited gains in corn processing from ethanol for the surprising results.
By Paul Conley • Nov. 5, 2014 -
Dr Pepper Snapple completes Davis acquisitions
The company now has control over distribution of its brands like 7UP, Snapple, Sunkist, and more.
By David Oliver • Nov. 4, 2014 -
Publix profits rise just as chain revels in football-hero status of employee
The supermarket chain is doing well, but all eyes are on one of the grocer's bag boys.
By Paul Conley • Nov. 4, 2014 -
Danone boosts stake in Centrale Laitiere
The world's largest yogurt company now owns 90% of the Moroccan dairy firm.
By Paul Conley • Nov. 4, 2014 -
United Biscuits sold to Yildiz for $2.6 billion
The Turkish owner of Godiva emerges as the winner of the global fight to take control of the snack-maker.
By Paul Conley • Nov. 4, 2014 -
Sysco profit falls but beats expectations
Sales at the giant supplier to restaurants and institutions rose 6.2% in its fiscal first quarter.
By Paul Conley • Nov. 3, 2014 -
Royal DSM to build polymerization plant in Georgia
The Dutch company will build the new plant, aimed at supplying packaging material companies in the food industry, next to its existing facility.
By Paul Conley • Nov. 3, 2014 -
Glanbia goes big on gluten-free, opens new oats plant
The ingredients company's new plant is aimed at serving the U.S. market.
By Paul Conley • Nov. 3, 2014 -
WestportWiki [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)], from Wikimedia Commons
Diageo swaps Bushmills for Don Julio
The deal involves an asset swap between the world's largest distiller and Mexico's Jose Cuervo.
By Paul Conley • Nov. 3, 2014 -
Diageo cancels plans to expand whisky capacity
The company cited a global slowdown in sales of Scotch whisky for its decision.
By Paul Conley • Oct. 31, 2014
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