Corporate Operations: Page 61

  • Blue Bell Creamery ice cream
    Image attribution tooltip
    Thai Phi Le/Food Dive
    Image attribution tooltip

    Former Blue Bell CEO to plead guilty to charges connected to 2015 listeria outbreak

    All fraud charges against Paul Kruse will be dropped and he will be fined $100,000, according to the plea agreement.

    By • March 9, 2023
  • A hand cracks open a can of Bud Light Seltzer against a background of colorful bubbles.
    Image attribution tooltip
    Courtesy of Anheuser-Busch InBev
    Image attribution tooltip

    Bud Light Seltzer clears up misconception about its formula

    With 54% of consumers believing there is beer in hard seltzer, brewer AB InBev has developed a campaign aimed at dispelling those rumors.

    By Sara Karlovitch • March 9, 2023
  • A person in a grocery store putting items in a smart cart. Explore the Trendline➔
    Image attribution tooltip
    Courtesy of Instacart
    Image attribution tooltip
    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
  • Hostess products
    Image attribution tooltip
    Courtesy of Hostess
    Image attribution tooltip

    Hostess Brands CEO says snack maker poised to weather economic volatility

    The Twinkies and Donettes producer has thrived as consumers show a penchant for indulgent treats, with many people looking for affordable items. 

    By • March 8, 2023
  • Tyson Foods
    Image attribution tooltip
    Permission granted by Tyson Foods
    Image attribution tooltip

    Tyson workers in Arkansas sue company over pandemic protections

    The suit filed by 34 current and former employees of the company’s meatpacking facilities claim the poultry giant put profit over its workers’ well-being.

    By • March 8, 2023
  • Hershey, plant based, Reese's, Hershey's
    Image attribution tooltip
    Courtesy of Hershey
    Image attribution tooltip

    Hershey debuts plant-based Reese’s and chocolate bar

    The confections, which will hit shelves in March and April, are made with oats. This will be the first time the company offers permanent products in the category.

    By • March 7, 2023
  • A child looks at several choices in the candy aisle of a store.
    Image attribution tooltip
    Joe Raedle via Getty Images
    Image attribution tooltip

    Despite inflation, candy sales grew to $42.6B in 2022

    Nearly 75% of consumers said sweets remain an “affordable treat” in the annual survey done by the National Confectioners Association.

    By • March 6, 2023
  • Hundreds of turkeys stand in a barn in California.
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    Bird flu-driven drop in turkey supply hurt Hormel’s sales

    In its most recent earnings report, the company said volumes of the poultry declined 80% year-over-year, but it remains optimistic about the ability to recover in the second half of 2023.

    By • March 6, 2023
  • Two cardboard containers with plant-based chicken on a waffle with scoops of plant-based gelato drizzled with honey on top, with branded Tindle toothpicks in front of the Tindle and Mwah logos.
    Image attribution tooltip
    Courtesy of Next Gen Foods
    Image attribution tooltip

    Next Gen Foods buys plant-based gelato maker Mwah

    The buzzy company that created chicken analog Tindle led the seed round for the U.K. frozen treat maker last year, and will be showcasing its products at Natural Products Expo West this week.

    By • March 6, 2023
  • Conagra
    Image attribution tooltip
    Christopher Doering/Food Dive
    Image attribution tooltip

    Better together: Conagra Brands CEO downplays possibility of splitting the food giant

    In an interview, Sean Connolly said the CPG company benefits from stronger cash flow, greater negotiating power with retailers and deeper margins with its snacking, frozen and plant-based meat brands under one roof.

    By • March 6, 2023
  • Four light purple packages of Lovo chocolate bars on a light purple background.
    Image attribution tooltip
    Courtesy of Lovo
    Image attribution tooltip

    Inside Lovo’s quest to rethink plant-based milk chocolate

    The new brand from the founders of Pascha makes almond, oat, coconut and hazelnut milk the star ingredients, leaning into what consumers love about the popular alternatives.

    By • March 6, 2023
  • Scientists work at one of Motif FoodWorks' labs.
    Image attribution tooltip
    Permission granted by Motif FoodWorks
    Image attribution tooltip

    Motif FoodWorks enters molecular farming partnership to produce its heme ingredient

    The food tech company is teaming with IngredientWerks to try to make Hemami in corn plants, a development that could save money and energy.

    By • March 2, 2023
  • An English muffin breakfast sandwich with Just Egg folded patty, tomato and avocado and a split English muffin with a folded egg on one side and avocado on the other sit on a dark wood cutting board
    Image attribution tooltip
    Courtesy of Eat Just
    Image attribution tooltip

    Eat Just laying off 18% of workers with cuts impacting plant-based egg business

    The loss of about 45 jobs is part of an effort by the company to reduce expenses and get the fast-growing product closer to profitability. 

    By , • March 2, 2023
  • A hand holds a bundle of herbs above a fiery double-decker grill with Meati Steaks and Cutlets with grill marks on the bottom left, asparagus on the bottom right, and a frying pan of stir fry and corn
    Image attribution tooltip
    Courtesy of Meati Foods
    Image attribution tooltip

    Meati hires CPG veterans for supply chain and operations

    As the mycelium meat analog company prepares for a national retail launch this year, Elizabeth Fikes and Joseph Johnston have been hired to run more traditional manufacturing functions.

    By • March 2, 2023
  • A wooden serving board with small pieces of bread spread with cream cheese and topped with sliced cherry tomatoes and chives sits on a counter next to a tub of Daiya Cream Cheeze and other items.
    Image attribution tooltip
    Permission granted by Daiya Foods
    Image attribution tooltip

    Daiya’s new fermentation technology promises improved plant-based cheese

    CEO Michael Watt said items made using the new method will have a taste, melt and mouthfeel more like their dairy counterparts.

    By • Updated March 1, 2023
  • Clif Thins owned by Clif, which Mondelez International purchased in 2022
    Image attribution tooltip
    Courtesy of Clif Bar
    Image attribution tooltip

    Food CPG makers are hungry for M&A, but taking ‘disciplined’ approach to acquisitions

    Companies at the recent CAGNY conference said even though they are in financially healthy positions, any deals they make will likely be smaller bolt-on purchases.

    By • March 1, 2023
  • A double-decker plant-based burger with pickles, red onions, mayonnaise, and red round slices on a poppy and sesame seed bun, with words explaining the ingredients.
    Image attribution tooltip
    Permission granted by Cargill
    Image attribution tooltip

    Cargill enters alternative fats partnership with Cubiq Foods

    The co-development and go-to-market agreement was part of the agribusiness giant’s investment in the Spanish plant-based and cultivated ingredients startup last year.

    By • March 1, 2023
  • eggs cage chickens
    Image attribution tooltip
    David Silverman via Getty Images
    Image attribution tooltip
    Deep Dive

    Why cage-free eggs could be on shaky ground

    Industry leaders are still on a path to wider adoption of cage-free systems, but consumer expectations, bird flu and an upcoming Supreme Court decision could impact whether they continue to invest in the practice.

    By • Feb. 28, 2023
  • Gaston Paladini holds a round dish with small plants in his hand in a room with shelves of similar small plants.
    Image attribution tooltip
    Courtesy of Moolec Science
    Image attribution tooltip

    Moolec Science grows molecular farming awareness with Nasdaq debut

    The company, which went public through a SPAC merger late last year, is highlighting its technology and the opportunities it could bring to the food system.

    By • Feb. 28, 2023
  • General Mills launched animal-free dairy cheese brand Bold Cultr in November 2021.
    Image attribution tooltip
    Permission granted by General Mills
    Image attribution tooltip

    General Mills discontinues animal-free cream cheese Bold Cultr

    A note on the website of the first Big Food product to use precision fermentation dairy says the company decided to “deprioritize funding” for the startup brand.

    By • Feb. 28, 2023
  • Flowers Foods, Dave's Killer Bread, bars
    Image attribution tooltip
    Courtesy of Flowers Foods
    Image attribution tooltip

    Dave’s Killer Bread adds snack bars to its lineup

    The launch underscores Flowers Foods’ efforts to tap into the better-for-you attributes of the brand, while expanding its reach into fast-growing categories.

    By • Feb. 28, 2023
  • Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip
    Opinion

    Finding and creating value in food waste

    Our system needs to be circular and mimic nature, where nothing is lost, writes Pete Pearson, global initiative lead for the food circularity program at World Wildlife Fund.

    By Pete Pearson • Feb. 27, 2023
  • Mondelez International, cakes
    Image attribution tooltip
    Permission granted by Mondelez International
    Image attribution tooltip

    Mondelēz aims to bring snacking supremacy to $71B cake and pastry category

    Even after tripling sales in the segment during the last three years, the chocolate and biscuit giant remains a distant third with a 3.2% market share.

    By • Feb. 27, 2023
  • Packages of Good & Gather granola at a Target in Washington, D.C.
    Image attribution tooltip
    Catherine Douglas Moran/Food Dive
    Image attribution tooltip

    Nearly three in four consumers plan to keep buying private label when the economy settles, survey says

    Manufacturers’ and retailers’ efforts to improve store-branded offerings are paying off, as shoppers make price their most important consideration, the data from Attest shows. 

    By • Feb. 27, 2023
  • A small cast iron skillet with Beyond Steak bites inside sits on a gas-powered hot plate with the product package and a dish of tortilla chips with dips is in the background.
    Image attribution tooltip
    Courtesy of Beyond Meat
    Image attribution tooltip

    Beyond Meat hits earnings expectations, but continues to struggle with sales

    CEO Ethan Brown said operational changes are starting to work, and reaffirmed the expectation to be cash flow positive by the second half of 2023.

    By • Feb. 24, 2023
  • Ed Sheeran leans on a shiny gray countertop with a bottle of Tingly Ted's hot sauce on either side of him.
    Image attribution tooltip
    Courtesy of Kraft Heinz
    Image attribution tooltip
    Column

    Leftovers: Ed Sheeran gets tingly with Kraft Heinz; Honey Bunches of Oats crunches into chips

    The British pop singer partners with the manufacturer of his favorite condiment, and better-for-you tortillas Rise & Puff tortillas blow into the market.

    By Food Dive staff • Feb. 24, 2023