Corporate Operations: Page
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ADM rethinks scope of $300M plant-based investment
The market for alternative meat products has struggled with destocking and sluggish consumer demand in the past year.
By Nathan Owens • Oct. 25, 2023 -
Keurig Dr Pepper to invest $100M in South Carolina coffee facility
The project, which is expected to be completed by 2027, will help the beverage giant expand its coffee roasting and manufacturing capabilities.
By Christopher Doering • Oct. 25, 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 -
Retrieved from Wesson on October 24, 2023
Wesson enters crowded plant-based butter aisle
The 124-year-old brand, known for its vegetable oil, is tapping into its widespread recognition and the consumer desire for alternative dairy products to launch the new offering.
By Elizabeth Flood • Oct. 25, 2023 -
Opinion
How to safely harness generative AI for productivity gains in food and beverage businesses
There’s a lot of promise for the technology, but it could cause more harm than good if it’s not implemented properly.
By Thor Olof Philogène • Oct. 25, 2023 -
Q&A
Robotics can help food and beverage companies reach full potential, former Bai COO says
Barak Bar-Cohen, who launched a CPG manufacturing company this year specializing in “variety packs” for snacks and drinks, said his experience at the better-for-you beverage brand fueled his desire to revamp supply chains.
By Chris Casey • Oct. 24, 2023 -
Retrieved from Whole Foods Market.
Whole Foods outlines 2024 food trends
The grocer predicts plant-based products with more vegetables and brands that promote water conservation will be popular next year.
By Peyton Bigora • Oct. 23, 2023 -
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 Christopher Doering , Shaun Lucas • Oct. 23, 2023 -
Retrieved from Post Holdings.
Deep DiveInside Post Holdings’ transformation from cereal slinger to a diversified CPG giant
The company's unconventional approach has created a nearly $6 billion operation that has a competitive presence in peanut butter, eggs and pet food.
By Christopher Doering , Jasmine Ye Han • Oct. 23, 2023 -
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 -
Retrieved from General Mills on October 18, 2023
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 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 Chris Casey • Oct. 20, 2023 -
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 Christopher Doering • Oct. 19, 2023 -
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 Chris Casey • Oct. 18, 2023 -
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 Sarah Zimmerman • Oct. 18, 2023 -
Retrieved from Protix on October 18, 2023
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 Chris Casey • Oct. 18, 2023 -
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 Chris Casey • Oct. 17, 2023 -
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 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 Christopher Doering • Oct. 17, 2023 -
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 -
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 -
Retrieved from Monogram Foods on October 12, 2023
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 Sarah Zimmerman • Oct. 13, 2023 -
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 Chris Casey • Oct. 11, 2023 -
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 -
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 -
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 Christopher Doering • Oct. 10, 2023