Corporate Operations: Page 45
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CPGs are masking inflation by deceiving consumers, lawmaker says
Federal data shows that smaller package sizes have played a significant role in driving up unit costs, hurting shoppers while benefiting suppliers, Sen. Bob Casey said last week in letters to four industry groups.
By Sam Silverstein • Dec. 19, 2023 -
Snickers maker Mars’ overlooked growth driver: Lunch and dinner
With brands such as Ben’s Original and Tasty Bite, the 100-year-old company is betting consumer demand for convenience, better-for-you and global cuisine will boost its food business.
By Christopher Doering • Dec. 19, 2023 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 5 stories from Food Dive
The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future.
By Food Dive staff -
T. Hasegawa USA declares ube 2024’s ‘flavor of the year’
The ingredients giant projects the bright purple root with an earthy, nutty taste will join other trendy Asian flavors in U.S. food and beverage products.
By Chris Casey • Dec. 18, 2023 -
WK Kellogg Co to keep Michigan plant, avoiding layoffs
After previously planning to move its Battle Creek plant’s operations to Canada, the company chose to stay in “Cereal City” after it was given a $5 million grant from the state.
By Chris Casey • Dec. 18, 2023 -
Tindle Foods makes executive moves after rebranding
Timo Recker, who was previously the chief executive in 2020, is taking the helm over from his business partner.
By Elizabeth Flood • Dec. 18, 2023 -
Retrieved from La Colombe.
Chobani buys coffee roaster La Colombe for $900M
The purchase gives the yogurt giant a presence in the fast-growing RTD category while building on its goal of becoming a more diversified food and beverage company.
By Christopher Doering • Dec. 15, 2023 -
Ben & Jerry’s workers at flagship Vermont plant vote to unionize
The move at the Waterbury facility comes after employees at its flagship store in Burlington voted to join the union last spring, making it the first of the brand’s locations to do so.
By Christopher Doering • Dec. 15, 2023 -
Consumers cite food prices as their top economic concern: Morning Consult
According to a recent survey, people are more worried about their grocery expenses than labor, housing and national debt.
By Chris Casey • Dec. 15, 2023 -
Wisconsin cheese farmers share 2024 food trends
Cooking and consuming food at home, adventurous flavors and “mindful indulgence” will drive consumer behavior, according to producers from the major dairy state.
By Chris Casey • Dec. 14, 2023 -
How to manage limited-time offer products
Experts weigh in on how to take advantage of that scarcity mindset and R&D holiday offerings.
By Alexandra Frost • Dec. 13, 2023 -
Chobani launches first major product in 2 years with dessert-inspired Greek yogurt
Chobani Creations will help yogurt expand beyond the morning with flavors such as Mocha Tiramisu and Cherry Cheesecake that are healthier than their traditional counterparts.
By Christopher Doering • Dec. 13, 2023 -
Behind Lactalis’ goal to challenge Reddi-wip with Président Whipped Crème
The gourmet cheese maker said its premium dessert offering capitalizes on increasing demand for baking at home and the growing desire for luxury products.
By Chris Casey • Dec. 12, 2023 -
Here’s the UN’s roadmap for agriculture to reach net-zero emissions
A landmark report released at COP28 says wholesale changes to production practices and diets will be needed to keep temperatures in check while ensuring food security needs are met.
By Sarah Zimmerman • Dec. 11, 2023 -
Tracker
How much do food and beverage CEOs really make?
An SEC rule requires companies to publish changes in stock awards given to executives. In many cases, it means millions more in previously undisclosed compensation.
By Christopher Doering • Dec. 11, 2023 -
Draft text of COP28 agreement leaves food off the table
Nestlé and PepsiCo joined environmental groups in calling on negotiators to take "more ambitious, comprehensive, and equitable climate action on food."
By Sarah Zimmerman • Dec. 11, 2023 -
Retrieved from Ohio Southeast Economic Development on August 31, 2022
General Mills leadership changes further push into pets, international segments
The food giant promoted Jon Nudi, who previously helmed its North American food segment, to lead the two segments driving the most growth for the company.
By Chris Casey • Dec. 8, 2023 -
Column
Leftovers: Perdue takes on takeout with air fryer-ready wings | Idahoan shreds potato category with bold flavors
The poultry giant aims to combat soggy chicken wings with a home-cooked alternative, and vertical farm Oishii debuts a sweet tomato developed using AI.
By Food Dive staff • Dec. 8, 2023 -
The biggest food sustainability pledges at COP28, from Bezos to JBS
Food companies commit millions of dollars to tackle methane and advance regenerative agriculture, while governments prioritize farming in climate action plans. Here are the highlights from the U.N. climate summit in Dubai.
By Sarah Zimmerman • Dec. 8, 2023 -
White Claw enters nonalcoholic category with zero-proof beverage
The leading brand in the hard seltzer space is capitalizing on the growing number of Gen Z consumers abstaining from alcohol with electrolyte-infused, booze-free drinks in four flavors.
By Chris Casey • Dec. 7, 2023 -
Campbell Soup’s Goldfish launches potato chip-inspired crisps
The innovation marks the first time the food manufacturer incorporated spuds into the nearly $1 billion snacking brand, which is popular among teens and adults.
By Christopher Doering • Dec. 7, 2023 -
Consumers on weight-loss drugs buying less in certain grocery aisles, study finds
Buy rates are down as much as 20% in some categories, with bakery and snacks among the hardest hit, Numerator found.
By Christopher Doering • Dec. 7, 2023 -
Beer slump helped by growth in premium offerings, Constellation Brands CFO says
The executive noted consumers are spending more on expensive brews, helping the Modelo and Corona maker gain shelf space.
By Chris Casey • Dec. 6, 2023 -
What Coca-Cola’s generative AI experiments mean for the brand’s future
Selman Careaga, president of the global Coca‑Cola category, detailed how the brand balances artificial and human intelligence.
By Chris Kelly • Dec. 5, 2023 -
General Mills leans into cereal as a snack with new twists on old favorites
The CPG giant is betting on consumers continuing to see the breakfast staple as a treat option with new flavors and mini versions of some of its biggest brands.
By Chris Casey • Dec. 5, 2023 -
Over 130 countries sign COP28 pledge to integrate food into climate action
Notably absent from the list of signatories is India, which has said it will refuse to sign on to any agreement that could compromise food security.
By Sarah Zimmerman • Dec. 4, 2023