Corporate Operations: Page 52

  • Mondelez oreo
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    Lillianna Byington/Food Dive
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    Inflation has less of an impact on snacking than meals, Mondelēz finds

    The Oreo maker also found a delay in receiving snacks due to supply chain disruptions has forced many consumers, especially Gen Zers and millennials, to be more open to trying new items.

    By • Jan. 19, 2023
  • A judge's gavel is shown sitting idle on a thick, cherry stained, perhaps mahogany desk. The judge's hands are visible but out of focus in the background.
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    Kuzma via Getty Images
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    Why food and beverage cases make up the majority of the ‘most ridiculous’ lawsuits

    Three-quarters of the U.S. Chamber of Commerce’s Institute for Legal Reform’s list of cases are proposed class action suits claiming ingredient and label information on CPG food and drink items are misleading.

    By • Jan. 19, 2023
  • Mergers and acquisitions Explore the Trendline➔
    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
  • dairy cattle cows
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    Jeff J Mitchell via Getty Images
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    Danone plans to reduce methane 30% by 2030

    Through its new partnership with the Environmental Defense Fund, the dairy giant aims to implement regenerative agriculture practices and influence governments to adopt more climate-friendly policies.

    By • Jan. 18, 2023
  • Nestle, carnation breakfast essentials
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    Courtesy of Nestlé
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    Nestlé invests $43M in Wisconsin factory expansion

    The CPG giant will increase capacity for its Boost and Carnation Breakfast Essentials drinks, and the zero waste-to-landfill facility will have several energy, water and waste saving features.

    By • Jan. 18, 2023
  • PepsiCo, no sugar, soda
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    Permission granted by PepsiCo
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    PepsiCo overhauls recipe for its Zero Sugar cola

    The change, which creates a drink the company says more closely mirrors its namesake beverage, could help it gain ground on Coca-Cola's Zero Sugar offering.

    By • Jan. 17, 2023
  • Vita Coco
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    Permission granted by Vita Coco
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    Deep Dive

    Here’s how CPGs are bracing for more volatility in 2023

    After a year of inflation, war and supply chain disruptions, companies are taking steps to prepare their operations to weather a period of prolonged uncertainty.

    By • Jan. 17, 2023
  • Plant-based chicken strips next to a wooden scoop of beans
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    Courtesy of No Meat Factory
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    No Meat Factory raises $42M to expand plant-based protein manufacturing

    The Canada-based company makes branded alternative protein items for other companies, and seeks to offer its services globally.

    By • Jan. 13, 2023
  • Beyond Meat Jerky is the first product from the Planet Partnership with PepsiCo.
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    Courtesy of Beyond Meat
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    Beyond Meat chief brand officer departs

    Beth Moskowitz is the fifth executive to leave the publicly traded plant-based meat company since September.

    By • Jan. 13, 2023
  • Pure Organic
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    Courtesy of Kellogg
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    FDA allows more vitamin D fortification in cereal and bars

    Kellogg filed the petition to bump up the nutrient level of its products as consumers increasingly value health and immunity.

    By • Jan. 12, 2023
  • Cones of strawberry, vanilla and chocolate ice cream stick out of a glass jar with an ice cream scoop and spoons on a blurred counter background.
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    ahirao_photo via Getty Images
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    Kerry negotiating 500M euro sale of sweet ingredients business

    The divestment would free the company up to expand in higher-growth areas, and would help potential buyer IRCA become a global leader in components for the segment.

    By • Jan. 12, 2023
  • A stack of snack food packages from Mondelez International, including Wheat Thins, Oreos, Ritz and Sour Patch kids.
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    Courtesy of Mondelē​​z International
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    4 snack trends to watch in 2023

    Sales have stayed strong even as prices have increased thanks to innovation and increasingly on-the-go consumers. Will that momentum continue this year?

    By Christine Blank • Jan. 12, 2023
  • Tyson Foods
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    Permission granted by Tyson Foods
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    Tyson adds 150 more jobs to Illinois plant expansion

    The company broke ground on the $180 million addition to its plant — which will now add 400 new positions — in August.

    By • Jan. 11, 2023
  • Toblerone, mondelez, chocolate, candy
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    Permission granted by Mondelez International
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    Deep Dive

    Mondelēz launches new strategies to refresh iconic Toblerone and Milka brands

    The snacking giant made changes to the packaging of both century-old chocolate offerings, and in the case of Milka, altered its shape and flavor, to keep the products relevant.

    By • Jan. 11, 2023
  • Three pouches of RXBar Granola sit on a surface with a blue background reading "No B.S." behind them.
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    Courtesy of Kellogg
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    RXBar debuts clean-label granola clusters

    The Kellogg-owned clean label brand’s pouches of clusters bring a new character to a growing category in healthy snacks.

    By • Jan. 11, 2023
  • Birch Benders, Sovos Brands, Hometown Food
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    Permission granted by Hometown Food
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    Sovos Brands sells Birch Benders to Hungry Jack pancake owner

    The divestiture to Hometown Food for an undisclosed amount will better position the company for growth by allowing it to focus on other premium brands, including Rao’s and Noosa.

    By • Jan. 10, 2023
  • corona
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    Courtesy of Rio Tinto
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    Constellation Brands warns of consumer sensitivity to price increases

    CEO Bill Newlands said his company plans "more muted" hikes after prior ones slowed sales growth.

    By • Jan. 10, 2023
  • A person carrying a tote bag looks at items on a grocery store shelf
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    Brandon Bell via Getty Images
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    Deep Dive

    7 trends shaping food and beverage in 2023

    The year begins with a new focus on giving consumers what they want, from RTD cocktails to tech-enabled products to sustainability to better labeling.

    By , , • Jan. 10, 2023
  • starry soda pepsico
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    Courtesy of PepsiCo
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    PepsiCo sets its sights on Gen Z with Starry, a Sprite competitor

    After dwindling sales of Sierra Mist, the beverage giant is pitching its latest offering as a “fun escape” for young consumers.

    By • Jan. 9, 2023
  • Impossible Chicken Nuggets launched in September 2021.
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    Courtesy of Impossible Foods
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    Impossible Foods hires chief demand officer to continue growth path

    CPG veteran Sherene Jagla is the first to hold the hybrid position that brings together aspects of marketing, sales, insights and product development for the plant-based meat maker.

    By • Jan. 9, 2023
  • Person in grocery store aisle
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    Pexels/Laura James

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    Sponsored by Veryfi

    Kraft vs. Hormel: Battle of the Brands

    Chow down on consumer receipt data for two food industry titans and see how they’re battling it out.

    Jan. 9, 2023
  • Screengrab from a video of a Tyson Foods pork processing facility
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    Courtesy of Tyson Foods
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    Small meatpackers get $9.6M from the Biden administration

    The administration will provide funds toward 25 projects across 15 states, which USDA Secretary Tom Vilsack said will be targeted at areas that need them most.

    By • Jan. 6, 2023
  • Reese's, Unilever, Hershey, ice cream
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    Courtesy of Hershey, Unilever
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    Reese’s enters the frozen aisle through Hershey and Unilever partnership

    The collaboration between the longtime business allies allows the peanut butter and chocolate candy to expand its presence in stores, and brings a distinctive offering in ice cream treats.

    By • Jan. 6, 2023
  • Benson Hill headquarters
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    Courtesy of Benson Hill
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    Benson Hill sells Fresh division for $21M to concentrate on ingredients

    Agribusiness company IMG Enterprises closed on its Florida facility, real estate, and packhouse at the end of 2022 and will complete the transaction through a stock purchase this year.

    By • Jan. 6, 2023
  • pretzel, eastern standard provisions
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    Retrieved from Eastern Standard Provisions.
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    Mondelēz participates in $13.5M funding round for soft pretzel maker

    With the investment in Eastern Standard Provisions, Tapan Shah, head of venture capital for the CPG giant’s SnackFutures arm, became a director at the company.

    By • Jan. 5, 2023
  • Frito-lay, PepsiCo, chips
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    Christopher Doering/Food Dive
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    Exclusive: PepsiCo to bring iconic chip brands into new snacking categories in 2023

    Cheetos-flavored pretzels, Doritos co-branded jerky and a cracker with one of its major chip brands will allow the CPG giant to change how shoppers view its snacks and increase occasions when they are consumed.

    By • Jan. 4, 2023