Corporate Operations: Page 36


  • Post Holdings CEO Rob Vitale poses for a portrait in his office.
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    Michael B. Thomas for Industry Dive

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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 , Oct. 23, 2023
  • cheetos pretzels
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    Courtesy of Frito-Lay North America
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    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
  • A side-by-side comparison of old General Mills Gushers with new packaging design against a yellow backdrop.
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    Retrieved from General Mills on October 18, 2023
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    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
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    Courtesy of Thor's Skyr
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    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 Oct. 20, 2023
  • Jelly Belly, jelly beans, candy
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    Neilson Barnard via Getty Images
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    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 Oct. 19, 2023
  • white claw
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    David Becker via Getty Images
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    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 Oct. 18, 2023
  • An aerial image of two wind turbines in rural farmland at sunset in Southwestern Ontario, Canada
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    Getty Images via Getty Images
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    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 Oct. 18, 2023
  • protix tyson
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    Retrieved from Protix on October 18, 2023
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    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 Oct. 18, 2023
  • halloween candy
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    Scott Olson via Getty Images
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    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 Oct. 17, 2023
  • A photo of several flavors of TXB-brand beef jerky.
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    Permission granted by TXB
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    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, Sprite
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    Alberto E. Rodriguez via Getty Images
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    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 Oct. 17, 2023
  • Cultivated meat, alternative protein
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    SolStock via Getty Images
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    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
  • cartons of American brand Ocean Spray cranberry juice stand arranged on March 8, 2018 in Berlin, Germany.
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    Sean Gallup via Getty Images
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    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
  • The exterior of a Monogram Foods facility is seen.
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    Retrieved from Monogram Foods on October 12, 2023
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    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 Oct. 13, 2023
  • Unrecognizable black father carrying Thanksgiving turkey while serving it for his family in dining room.
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    skynesher via Getty Images
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    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 Oct. 11, 2023
  • Utz chips and pretzels
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    Megan Poinski/Food Dive
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    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
  • Mondelez oreo
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    Lillianna Byington/Food Dive
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    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
  • Post Holdings, pet food
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    Courtesy of Post Holdings
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    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 Oct. 10, 2023
  • aha coca cola
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    Retrieved from The Coca-Cola Company on October 09, 2023
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    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 Oct. 9, 2023
  • Header image for "Tyson CFO Arrested, Reviving Critics’ Concerns Over Inexperience, Conflict of Interest"
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    CFO Editorial Staff
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    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 Oct. 6, 2023
  • Red Velvet Philly Bagel Bomb
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    Retrieved from Kraft Heinz and Milk Bar on October 05, 2023
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    Column

    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
  • A panel of investors at Future Food-Tech 2022 in San Francisco.
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    Megan Poinski/Food Dive
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    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
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    Christopher Doering/Food Dive
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    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 Oct. 6, 2023
  • Sign showing Wellness icons at a Target in Washington,  D.C.
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    Catherine Douglas Moran/Food Dive
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    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
  • Pea plant
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    Courtesy of Puris Foods
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    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