Corporate Operations: Page 338
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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 -
Explore the Trendline➔
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TrendlineHow AI is transforming the food and beverage industry
Companies are leaning on the technology across nearly all parts of their operations, from marketing to product design.
By Food Dive staff -
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 -
USDA predicts rise in fruit prices
The government's latest forecast is bleaker than previous estimates, and blames both disease and weather woes for the price spike.
By Paul Conley • June 27, 2014 -
ConAgra promises better times ahead as speculation builds of spinoffs
The maker of Healthy Choice and Chef Boyardee continues to struggle, but expects a turnaround with new product launches.
By Paul Conley • June 27, 2014 -
Deep Dive
Five food crops that could be affected by El Nino
Most signs point to the return of the El Nino weather pattern this year. And El Nino always points toward major disruptions in the world's food trade.
By Paul Conley • June 26, 2014 -
New York City soda ban loses final appeal
After a long fight, a judge has refused to reinstate the highly-debated ban on large sugar sweetened beverages.
By Kelsey Lindsey • June 26, 2014 -
Parmalat lawsuit against Grant Thornton is reinstated
The decision returns the suit -- which alleges the accounting firm conducted fraudulent audits -- to court, overturning an earlier ruling to dismiss the case.
By Paul Conley • June 26, 2014 -
Monsanto reports 6% drop in earnings
The world's largest seed producer also announced a $10 billion stock-buyback plan.
By Paul Conley • June 26, 2014 -
Cargill plans to deal with climate change
The global agriculture company says adaptations to some business practices could help it prosper during global warming.
By Paul Conley • June 25, 2014 -
Deep Dive
Food Trends: Get to know the millennial generation
With a population that will reach 64 million by 2020, the millennial generation already has a persuasive influence on the food industry.
By Kelsey Lindsey • June 24, 2014 -
Delhaize names new CEO of American operations
Kevin Holt takes the helm of the parent of Food Lion at a crucial time.
By Paul Conley • June 24, 2014 -
Retrieved from Nestle on February 11, 2014
Nestle opens first confectionary plant in Egypt
The company also announced it has begun construction of a plant in Dubai that will manufacture Maggi bouillon cubes.
By Paul Conley • June 24, 2014 -
Pepsi teams with Almarai to invest $345m in Egypt
The deal involves multiple initiatives, including the creation of a juice-processing facility and the building of a dairy farm.
By Paul Conley • June 23, 2014
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