Corporate Operations: Page

  • coffee
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    Retrieved from La Colombe.
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    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 • Dec. 15, 2023
  • Ben & Jerry's Chubby Hubby ice cream
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    Courtesy of Ben & Jerry's
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    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 • Dec. 15, 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
  • A woman looks at her phone while shopping
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    Getty Images
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    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 • Dec. 15, 2023
  • cheese
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    Getty Images
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    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 • Dec. 14, 2023
  • Banana Puddin
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    Permission granted by XO
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    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's new Chobani Creations offering.
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    Permission granted by Chobani
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    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 • Dec. 13, 2023
  • president whipped
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    Courtesy of Lactalis
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    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 • Dec. 12, 2023
  • Activists protest with signs calling for climate action on food systems.
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    Sean Gallup via Getty Images
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    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 • Dec. 11, 2023
  • A bank employee counts U.S. dollars banknotes at the headquarters of the Korea Exchange Bank.
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    Getty Images
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    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 • Dec. 11, 2023
  • Green COP28 flags line palm trees on a walkway leading to a dome with conference attendees scattered around.
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    Sean Gallup via Getty Images
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    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 • Dec. 11, 2023
  • General Mills' Wellston, Ohio, pizza plant.
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    Retrieved from Ohio Southeast Economic Development on August 31, 2022
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    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 • Dec. 8, 2023
  • perdue air fried wings
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    Courtesy of Perdue
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    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
  • People arrive at a theater where a picture of farmland is projected on a screen with the word "Action."
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    Sean Gallup via Getty Images
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    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 • Dec. 8, 2023
  • white claw nonalcoholic
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    Courtesy of White Claw
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    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 • Dec. 7, 2023
  • Campbell Soup's brings its nearly $1 billion Goldfish brand into crisps.
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    Courtesy of Campbell Soup
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    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 • Dec. 7, 2023
  • Mondelez International
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    Permission granted by Mondelez International
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    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 • Dec. 7, 2023
  • In this photo illustration, bottles of Modelo Especial beer sit on a table.
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    Mario Tama/Getty Images via Getty Images
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    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 • Dec. 6, 2023
  • An AI-generated astronaut holds a bottle of Coca-Cola
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    Courtesy of Coca-Cola
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    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
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    Courtesy of General Mills
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    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 • Dec. 5, 2023
  • Banners reading "COP28 UAE" are seen
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    Chris Jackson via Getty Images
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    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 • Dec. 4, 2023
  • Bowls of cereal made by Post Holdings.
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    Permission granted by Post Holdings
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    Post Holdings to close cereal manufacturing plant in Ohio

    The Lancaster facility has about 200 employees and is expected to close by the end of September 2024. Production will be transferred to other locations.

    By • Dec. 1, 2023
  • canned foods
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    Scott Olson via Getty Images
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    Biden steel tariffs could drive up canned goods prices, trade group says

    The Consumer Brands Association also said the tax could result in the loss of tens of thousands of manufacturing jobs in the CPG food sector.

    By • Dec. 1, 2023
  • A partially sliced Juicy Marbles Plant-Based Loin Roast sits on a wooden cutting board on a textured white surface, A knife and mustard seeds are on the board, and a plate, sauce and herbs are near.
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    Courtesy of Juicy Marbles
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    Exposure doesn’t sway consumers to plant-based meat

    A new study from Appetite suggests companies must adopt creative strategies to broaden their consumer base.

    By Elizabeth Flood • Nov. 30, 2023
  • Robotic arms pack cases of Tyson products.
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    Courtesy of Tyson Foods
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    Tyson debuts $300M highly automated chicken plant

    The Virginia facility is one of the food giant's most technologically advanced, and is expected to churn out 4 million pounds of protein a week.

    By • Nov. 30, 2023
  • hormel jennieo turkey
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    Courtesy of Hormel
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    Turkey drags down Hormel earnings amid inflation, bird flu headwinds

    In the company’s earnings call, CEO Jim Snee signaled caution ahead of the new year, projecting a decline in sales as consumers cut back on spending.

    By • Nov. 30, 2023