Corporate Operations: Page 59
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Conagra manufacturing disruption spurs canned food shortages
Issues securing and ensuring quality cans affected the availability of some products, CEO Sean Connollly said in its latest quarterly earnings call.
By Kelly Stroh • April 10, 2023 -
Pilgrim’s Pride, Perdue settle in poultry price-fixing case totaling $35M
These chicken producers join a dozen other companies that have agreed to a settlement with Washington state’s attorney general who says the businesses colluded to increase profits. Five processors have yet to settle.
By Chris Casey • April 10, 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 -
One-third of consumers can’t find a plant-based dairy product they like, survey finds
Ingredients provider Ofi found while 65% of consumers are buying these options along with regular dairy, many have not found completely satisfying offerings that fit their needs.
By Chris Casey • April 6, 2023 -
Column
Leftovers: SpaghettiOs packs heat with Frank’s Red Hot; Rice Krispies pops into candy bars
The Campbell Soup-owned pasta dish is tapping the popular hot sauce for its new product, and better-for-you brand Jovial Foods serves up gluten-free mac and cheese from Italy.
By Food Dive staff • April 6, 2023 -
Sen. Sanders calls to ‘break up’ large egg producers as Cal-Maine profits surge 718%
The lawmaker once again brought up his rallying call to split “Big Ag” after the country's largest egg producer announced its latest quarterly profits.
By Chris Casey • Updated April 6, 2023 -
Sales at Top Ramen maker Nissin surge 41%
The company, which holds a 40% share of the instant ramen segment in the U.S., is benefiting from strong demand for its core products and newer innovations.
By Chris Casey • April 5, 2023 -
Chocolate maker Barry Callebaut appoints new CEO
The announcement that Peter Feld is taking the top spot came on the same day that the Swiss chocolate company reduced the amount it is investing and trimmed its sales guidance more than analysts had been expecting.
By Christopher Doering • April 5, 2023 -
GoodBelly maker NextFoods acquires tart cherry beverage Cheribundi
The merger of the gut health probiotic juice brand and the natural sports recovery drink will expand their reach and production, CEO Marcel Bens said.
By Megan Poinski • April 5, 2023 -
Diageo to close Maryland Guinness facility, cut about 100 jobs
The alcohol maker, which opened the location in 2018, said it made the decision to “ensure long term sustainable growth” of its business and to optimize its existing operations.
By Christopher Doering • April 4, 2023 -
Conagra commits to phasing out gestation crates amid pressure
The food giant aims to source all of its pork from farms that use open pen gestation systems by 2026, a win for The Humane Society which had been pushing for the change.
By Chris Casey • April 4, 2023 -
Kraft Heinz turns up the heat with Spicy Ketchup
Three varieties of the condiment — each featuring a different pepper — and Hot 57 Sauce are hitting stores as part of the company’s innovation platform.
By Megan Poinski • April 4, 2023 -
Despite dire warnings in climate report, HowGood sees promise in food production
The sustainability platform’s chief innovation officer Ethan Soloviev said in an interview that carbon sequestration and deforestation provide solutions to food insecurity despite Big Food’s impact on emissions.
By Chris Casey • April 3, 2023 -
Sponsored by The Hershey Company
Food meant for children in West Africa was at risk of going to waste. That’s when Hershey stepped in.
More than 1 million servings of a nutritional product for children was sitting, abandoned, in a warehouse in West Africa, because of disruptions caused by Covid-19.
April 3, 2023 -
Column
Leftovers: Nissin brings Cup Noodles to breakfast; Kellogg rolls into another Little Debbie cereal
The ramen maker taps the flavors of pancakes, eggs and sausage for its new variety, and Blue Bunny expands its presence in frozen treats with Mini Bars and soft serve ice cream.
By Food Dive staff • March 31, 2023 -
Barry Callebaut partners with Nestlé on agroforestry project
The chocolate producers believe they can lower the carbon emissions of their supply chains by planting new trees and implementing climate positive practices across 30,000 acres of land.
By Chris Casey • March 30, 2023 -
Cultivated meat maker New Age Eats shuts down
Founder and CEO Brian Spears said the company’s financial woes had nothing to do with the segment’s viability.
By Megan Poinski • March 29, 2023 -
Tyson wins COVID lawsuit against meatpacking employees
The U.S. appeals court in New Orleans granted the meat giant's motion to dismiss the case, stating the workers did not provide evidence they contracted the virus as a result of the company's negligence.
By Chris Casey • March 29, 2023 -
How thinking small could pay off big for Ingredion
The ingredient supplier is spending more time partnering with upstart companies to run tests and troubleshoot — a move that lays a foundation for growth while expediting product development for young businesses.
By Christopher Doering • March 29, 2023 -
Egg market may be improving ahead of Easter, but bird flu brings unknowns: Wells Fargo
As producers work to rebuild flocks, they remain cautious about the impact the virus will have this year, the banking giant's Agri-Food Institute sector manager said.
By Chris Casey • March 28, 2023 -
Q&A
Kind CEO aims to reach more consumers, bring the brand to other parts of the store
In an interview, Russell Stokes talked about price increases, how products are faring in the current environment and changes in shopping behaviors.
By Christopher Doering • March 28, 2023 -
Diageo names its first woman CEO
After 10 years at the helm of the Britain-based global alcohol giant, Ivan Menezes will retire in June. His successor is COO Debra Crew.
By Megan Poinski • March 28, 2023 -
WunderEgg cracks the plant-based hard boiled egg
The new offering from Crafty Counter has drawn incredulous responses on social media as it starts hitting store shelves.
By Megan Poinski • March 27, 2023 -
Column
Leftovers: Halo Top pops into froyo treats; Takis takes out the spice with nacho cheese snacks
The better-for-you dessert maker is taking a bite out of another new category, and Unique Snacks combines puffs and pretzels.
By Food Dive staff • March 24, 2023 -
Momofuku Goods raises $17.5M
The pantry essentials brand was spun off from Momofuku in 2020 and will use the funding to grow its product offerings in an increasingly competitive field.
By Dani James • March 23, 2023 -
Nestlé says less than 40% of its sales come from food and beverage offerings considered healthy
The CPG giant, which has vowed to be more transparent about the nutritional value of its entire global portfolio, said it is the first company to disclose such information.
By Christopher Doering • March 23, 2023