Corporate Operations: Page 59


  • A birdseye view of a bunch of open cans with canned food inside.
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    Getty Images
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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
  • Chicken
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    Getty Images
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    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 April 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
  • Bottles of plant-based milks next to their main ingredient.
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    Wayhome Studios

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    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 April 6, 2023
  • spaghettios franks red hot
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    Courtesy of Campbell Soup
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    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
  • eggs grocery store
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    Brandon Bell via Getty Images
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    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 Updated April 6, 2023
  • Nissin's Top Ramen
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    Courtesy of Nissin
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    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 April 5, 2023
  • Small pieces of chocolate sit on a surface covered with crushed cocoa beans
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    Courtesy of Barry Callebaut
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    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 April 5, 2023
  • A grid features two images of packages of Cheribundi juices, GoodBelly Fast Melts, GoodBelly juice cartons, and the NextFoods logo
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    Permission granted by NextFoods
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    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 April 5, 2023
  • Guinness, beer
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    Brian Ach via Getty Images
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    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 April 4, 2023
  • Hogs
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    Getty Images
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    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 April 4, 2023
  • A bottle of Hot 57 Sauce and three bottles of Heinz Spicy Ketchup sit on a red surface with a dark pink background. There are jalapeno slices to the left and a hand dunking a nugget in ketchup at righ
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    Courtesy of Kraft Heinz
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    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 April 4, 2023
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    David McNew via Getty Images
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    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 April 3, 2023
  • Hersheys executives posing for photo
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    Permission granted by The Hershey Company
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    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
  • A graphical representation of Cup Noodles Breakfast. The cup is in the middle and there are graphics of pancakes and syrup, scrambled eggs, sausage links and chopsticks holding noodles in the corners.
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    Courtesy of Nissin Foods USA
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    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
  • cocoa trees agroforestry
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    Courtesy of Barry Callebaut
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    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 March 30, 2023
  • A small sausage and pepper sandwich on a roll sits on a wooden cutting board on a brown surface. A skillet of sauteed peppers is behind it.
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    Courtesy of New Age Eats
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    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 March 29, 2023
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    Paula Bronstein via Getty Images
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    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 March 29, 2023
  • ingredion
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    Christopher Doering/Food Dive
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    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 March 29, 2023
  • easter eggs
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    Getty Images
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    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 March 28, 2023
  • Kind
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    Permission granted by Kind
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    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 March 28, 2023
  • Several pint glasses of Guinness sit on a wooden bar.
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    Jeff Mauro via Getty Images
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    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 March 28, 2023
  • A white bowl with a salad that has three WunderEgg halves sits on a yellow surface. A pink-labeled package of WunderEggs is at right, and wooden salad tongs and salt and pepper shakers are at left
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    Courtesy of Crafty Counter
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    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 March 27, 2023
  • Boxes of Halo Top's Triple Berry and Strawberry Frozen Yogurt Pops on coordinating purple and pink backgrounds, surrounded by strawberries and pieces of granola.
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    Courtesy of Halo Top
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    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
  • A clear soy sauce bottle with brown sauce on a table surrounded by food and plates
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    Permission granted by Momofuku Goods
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    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
  • Nestle, hot chocolate
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    Christopher Doering/Food Dive
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    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 March 23, 2023