Corporate Operations: Page 47


  • general mills pet supplements
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    Courtesy of General Mills
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    General Mills buys pet supplements maker Fera Pets for undisclosed amount

    The purchase will be housed inside a growth equity fund created by the cereal giant to scale and expand newly acquired businesses for future integration into its core portfolio.

    By Nov. 10, 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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    Tyson to shutter 2 more processing plants as earnings woes mount

    Closures in South Carolina and Florida add to the growing number of cost cuts this year in response to unfavorable market conditions.

    By Nathan Owens • Nov. 10, 2023
  • A person in a grocery store putting items in a smart cart. Explore the Trendline
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    Courtesy of Instacart
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    Trendline

    Top 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
  • heinz pickle ketchup
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    Courtesy of Kraft Heinz
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    Column

    Leftovers: Kraft Heinz chooses pickles for new ketchup | Elf on the Shelf gives the gift of ice cream

    The food manufacturer is capitalizing on the growing popularity of the cucumber-based product, and Primal Kitchen unveils cranberry mayo for Thanksgiving leftovers.

    By Food Dive staff • Nov. 10, 2023
  • Ingredion
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    Permission granted by Ingredion
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    Ingredion reorganizes business, focuses on ‘texture and healthful solutions’

    The company said moving from operating on a regional level to a global one will provide greater insight into its performance for investors.

    By Elizabeth Flood • Nov. 9, 2023
  • Cans of Green Giant vegetables.
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    Courtesy of B&G Foods
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    B&G Foods sells Green Giant US canned vegetable line to Seneca Foods

    The Crisco and Ortega manufacturer said it continues to explore divesting products that have low margins or cash flow, as well as items that do not fit with its core portfolio.

    By Nov. 9, 2023
  • Boxes of cereal are displayed on a store shelf. One box reads "Apple Jacks" and another reads "Frosted Flakes."
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    Bill Pugliano via Getty Images
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    WK Kellogg Co CEO talks the future of cereal

    Gary Pilnick said in a conversation with Food Dive that the newly spun-off business is on a path towards growth and expressed optimism about overcoming potential roadblocks the category could face.

    By Nov. 9, 2023
  • Plant-based cheeses from Miyoko's Creamery at Plant Based World in 2019.
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    Megan Poinski/Food Dive
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    Miyoko’s Creamery closes California plant to prepare for growth

    The plant-based dairy maker will outsource its production process to meet demand in a more cost effective way.

    By Elizabeth Flood • Nov. 9, 2023
  • solar panels farms cattle
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    Abhishek Chinnappa via Getty Images
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    How tech, venture capital can help food industry meet 2030 emissions goals

    Efforts like feed additives for cattle and implementing solar panels on farms can help producers decrease their carbon footprint, Ceres said in its latest report.

    By Nov. 8, 2023
  • Nestle, hot chocolate
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    Christopher Doering/Food Dive
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    Nestlé invests, partners with food-delivery startup Wonder Group

    The investment, reportedly at $100 million, will allow the Stouffer's and Sweet Earth manufacturer to capitalize on the strong recovery in the foodservice channel.

    By Nov. 8, 2023
  • Exterior of McCormick & Co.'s logistics center near Baltimore, Maryland.
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    Permission granted by McCormick & Co.
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    Inside McCormick’s bet to build its ‘supply chain of the future’

    A half-mile-long logistics center near Baltimore is helping the flavor giant operate more efficiently, get products to customers faster and reduce its environmental footprint.

    By Nov. 8, 2023
  • Five Pepsi cans
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    Courtesy of PepsiCo
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    PepsiCo CFO Hugh Johnston leaving for Disney

    The finance veteran will be replaced by James Caulfield, who has worked at the company for more than 30 years and has been “instrumental” in growing and transforming its business.

    By Nov. 6, 2023
  • Chickens sit in a shed
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    Jamie McDonald via Getty Images
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    Bird flu spreads to major poultry producing states Arkansas and Alabama

    More than 1 million birds have been affected by the disease since its reemergence in the U.S. was confirmed in October.

    By Nov. 6, 2023
  • insect protein
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    Getty Images
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    Tyson’s insect bet will spur further adoption in the space, IFT member says

    Protein producers adopting bugs for use in animal feed provides a lower barrier for entry, potentially making it easier to introduce insects into consumer diets, experts say.

    By Nov. 6, 2023
  • Post Holdings, cereal
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    Permission granted by Post Holdings
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    Post Holdings CEO Rob Vitale taking ‘unexpected’ medical leave of absence

    The board of the CPG giant said chief operating officer Jeff Zadoks will temporarily take the helm.

    By Nov. 6, 2023
  • digiorno thanksgiving pizza
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    Courtesy of DiGiorno
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    Column

    Leftovers: DiGiorno brings pizza to Thanksgiving | Pringles unveils caviar collaboration

    The Nestlé-owned brand is launching a limited-edition pie ahead of Turkey Day, and Stok is bringing cold brew into winter with a peppermint mocha flavor.

    By Food Dive staff • Nov. 3, 2023
  • Beyond Meat's The Beyond Burgers in their packaging.
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    Getty Images
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    Beyond Meat slashes workforce as business model is under fire

    The plant-based giant continues to face headwinds as consumers prioritize affordability.

    By Elizabeth Flood • Nov. 3, 2023
  • Header image for "Kraft Heinz Fined $62M for Accounting Fraud"
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    Getty Images
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    Kraft Heinz names Pedro Navio president of North American operations

    The CPG veteran will take over the position from Carlos Abrams-Rivera, who was recently named incoming CEO at the Lunchables and Velveeta cheese manufacturer.

    By Nov. 2, 2023
  • ingredion yogurt starch
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    Courtesy of Ingredion
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    Ingredion unveils gelling starch for dairy and alternatives

    The new ingredient allows formulators of yogurt and plant-based cheese to improve the texture and mouthfeel of their products.

    By Nov. 2, 2023
  • Doritos on the shelf at Target.
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    Getty Images
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    PepsiCo’s Doritos brand creates technology to ‘silence’ its crunch

    The software, aimed at gamers annoyed by the sound from other players, used artificial intelligence and machine learning to analyze more than 5,000 crunches.

    By Nov. 2, 2023
  • ocean spray zero
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    Courtesy of Ocean Spray Cranberries, Inc.
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    Ocean Spray debuts zero sugar varieties as juice category fractures

    With many consumers abandoning sugary fruit beverages for healthier alternatives, leading brands are working to win them back by cutting out sugar.

    By Nov. 1, 2023
  • Israel Hamas war
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    Alexi J. Rosenfeld via Getty Images
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    ‘Startup nation’ at war: How Israel’s food tech sector is handling upheaval

    The country has been a hotbed for the tech sector, especially for food, but the Israel-Hamas war has put employee engagement and product development initiatives on hold.

    By Elizabeth Flood • Nov. 1, 2023
  • Budweiser and Bud Light cans
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    Thai Phi Le/Food Dive
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    Bud Light boycott weighing on AB InBev but beer giant sees signs of optimism

    CEO Michel Doukeris told analysts that over 40% of lapsed consumers of the brand said they are now more open to drinking it again.

    By Nov. 1, 2023
  • A row of king-sized Hershey chocolate bars sit on the shelf in a store.
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    Scott Olson via Getty Images
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    Hershey planning ‘higher levels’ of innovation for 2024, CEO says

    Michele Buck said new offerings, including the launch of Reese’s Caramel, will play a large role in driving its overall business as well as increasing merchandising at retail.

    By Nov. 1, 2023
  • Customer shopping for produce with a reusable bag
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    Getty Images
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    More than half of consumers consider sustainability in food purchases - TetraPak

    Although many respondents said they are struggling financially, only 17% indicated a desire to give up purchasing higher-priced food and beverages that are environmentally friendly, organic or healthy.

    By Oct. 30, 2023
  • A sample Dippin' Dots ice cream owned by J&J Snack Foods.
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    Permission granted by J&J Snack Foods
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    Dippin’ Dots owner sees bright outlook for the ‘ice cream of the future’

    Despite its strong presence in amusement and entertainment venues, the 35-year-old brand has plenty of room to grow by expanding in places such as c-stores and movie theaters.

    By Oct. 30, 2023