Corporate Operations: Page 36
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Deep Dive
The quiet dealmaker: How Post Holdings’ CEO went from selling men’s clothing to closing billion-dollar deals
Rob Vitale’s penchant for M&A and reputation as a strategic thinker has proven to be a shrewd fit for a 128-year-old business once looking to define its future. Nearly a decade in, he’s not done yet.
By Christopher Doering , Shaun Lucas • Oct. 23, 2023 -
Column
Leftovers: Frito-Lay twists into Cheetos Pretzels | Campbell’s celebrates Thanksgiving with Chunky soup
The PepsiCo-owned brand is bringing its cheesiness to the growing snack category after success with popcorn, and Goldfish taps a popular holiday movie character for its latest grahams variety.
By Food Dive staff • Oct. 20, 2023 -
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 -
Retrieved from General Mills on October 18, 2023
How General Mills refreshed its fruit snack brands to fend off disruptors
Splashier assets and branding experiments seek to help products like Gushers stand out in the social media age, execs said at Advertising Week.
By Peter Adams • Oct. 20, 2023 -
Thor’s Skyr takes on Chobani, Danone with protein-packed yogurt
The Iceland-based company believes it has what it takes to rival the biggest dairy companies with its lactose-free, zero added sugar products.
By Chris Casey • Oct. 20, 2023 -
Ferrara to purchase candy maker Jelly Belly for undisclosed amount
The deal would combine the jelly bean manufacturer with Ferrara’s portfolio of sweets such as Laffy Taffy, Red Hots and Brach’s.
By Christopher Doering • Oct. 19, 2023 -
How Gen Z’s ‘promiscuous’ relationship to beverages is changing the industry
As alcohol moderation rises, a desire for drinks to fit a multitude of occasions drive the generation’s purchases, according to experts.
By Chris Casey • Oct. 18, 2023 -
General Mills and Walmart team up to accelerate regenerative agriculture
The companies look to advance sustainable farming practices on 600,000 acres of land – the amount the CPG giant relies on to source key ingredients for products sold at the retailer's stores.
By Sarah Zimmerman • Oct. 18, 2023 -
Retrieved from Protix on October 18, 2023
Tyson Foods partners with insect protein startup to develop ingredient facility
The meat giant will work with Protix to construct a facility dedicated to insect protein items in the U.S., for use in pet food, aquaculture and livestock production.
By Chris Casey • Oct. 18, 2023 -
Sugar shortage isn’t causing spike in Halloween candy prices: Wells Fargo analyst
Despite a constrained global supply of the crop, experts don't believe it will affect sweets makers in the U.S. ahead of the holidays.
By Chris Casey • Oct. 17, 2023 -
Back to Basics: How to operate a successful private label brand
Proprietary items work best if retailers differentiate them through either cost or innovation and are thoughtful about choosing categories, experts say.
By Amanda Baltazar • Oct. 17, 2023 -
Coca-Cola Company and Pernod Ricard partner on Absolut Vodka with Sprite
The pre-mixed cocktail will be available in regular and Zero Sugar, with the initial launch planned for select European countries in early 2024.
By Christopher Doering • Oct. 17, 2023 -
The slow road to retail: How consumers are dictating cultivated meat’s strategy
Consumer acceptance is a major challenge facing the space, and a big reason why Upside Foods and Eat Just are only available at exclusive restaurants.
By Elizabeth Flood • Oct. 16, 2023 -
Ocean Spray targets hiring in tech transformation push
The project seeks to enable IT across the business, according to the beverage maker’s Chief Digital and Technology Officer.
By Lindsey Wilkinson • Oct. 13, 2023 -
Retrieved from Monogram Foods on October 12, 2023
Meat snack maker fined $140K, faced shipping restrictions for child labor violations
The U.S. Department of Labor is ramping up enforcement activity and putting employers "on notice" as it reports a significant rise in the number of children illegally working at facilities.
By Sarah Zimmerman • Oct. 13, 2023 -
Turkey prices could fall as Thanksgiving nears, but bird flu reemergence threatens flocks
Consumers will likely see lower prices for the holiday staple compared to last fall, according to a report, but the unpredictable avian flu remains a threat.
By Chris Casey • Oct. 11, 2023 -
Utz to close Pennsylvania factory
The closure is part of broader cost cutting moves across the snack maker’s network, which includes the sale of four sites.
By Joelle Anselmo • Oct. 11, 2023 -
Opinion
Guardians of the franchise: Safeguarding success in the competitive landscape
Since launching a new product offers only one chance at success, optimizing it to its fullest potential becomes crucial.
By Katie Fellows • Oct. 11, 2023 -
Cereal giant Post Holdings moves deeper into pet food with $235M acquisition
The purchase of Perfection Pet Foods gives the CPG giant, which entered the animal category for the first time in April, exposure to private-label and co-manufactured products.
By Christopher Doering • Oct. 10, 2023 -
Retrieved from The Coca-Cola Company on October 09, 2023
Coca-Cola to sharply cut distribution of Aha sparkling water as sales decline
The company told Food Dive it sees growth potential in the category with its premium brand Topo Chico.
By Chris Casey • Oct. 9, 2023 -
Missouri pressures Tyson to sell 2 poultry plants set for closure
The meatpacker received major backlash from local and federal officials, who said factory closures will have “devastating consequences.”
By Sarah Zimmerman • Oct. 6, 2023 -
Retrieved from Kraft Heinz and Milk Bar on October 05, 2023Column
Leftovers: Kraft Heinz, Milk Bar burst into bagel bombs | Skittles get miniature with Littles
The Philadelphia cream cheese brand and the bakery are debuting a red velvet treat, while Whipnotic swirls up two unique whipped cream flavors.
By Food Dive staff • Oct. 6, 2023 -
Top food and beverage industry events in 2024
The new year will bring a busy conference and convention season. Food Dive is highlighting 11 to watch.
By Elizabeth Flood • Oct. 6, 2023 -
Conagra Brands CEO sees early signs of improvement in consumer buying habits
While the Slim Jim maker forecast a more upbeat second half in its fiscal year, Sean Connolly told Wall Street analysts that a deeper recovery will take time.
By Christopher Doering • Oct. 6, 2023 -
Opinion
Vegan: The product label which shall not be named
The term "plant-based" has become a more inclusive and approachable term when it comes to marketing vegan food. But are times changing?
By Paul Shapiro • Oct. 5, 2023 -
US pea protein producers undercut by cheap Chinese imports
Products made with the ingredient are growing in popularity, but domestic manufacturers are in “grave peril,” producer Puris claims.
By Elizabeth Flood • Oct. 5, 2023