Corporate Operations: Page 348
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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 -
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 -
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 -
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
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