Corporate Operations: Page 62
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Unsplash / Martijn Baudoin
Sponsored by NielsenIQInflation and recession threats have rattled retail to its core
US consumer confidence has been shaken by rising retail prices. How can brands regain their trust?
Oct. 31, 2022 -
DOJ investigating poultry payment practices, Pilgrim’s Pride says
The poultry giant said it learned of the government’s civil investigation earlier this month. It warned any action from the review could impact its operations.
By Chris Casey • Oct. 28, 2022 -
Explore the Trendline➔
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TrendlineHow AI is transforming the food and beverage industry
Companies are leaning on the technology across nearly all parts of their operations, from marketing to product design.
By Food Dive staff -
Retrieved from Pilgrim's Pride on September 23, 2020
Pilgrim’s Pride’s revenue soars as cash-strapped consumers trade down to chicken
A shift away from more expensive beef and pork is helping poultry, a trend CEO Fabio Sandri says will continue through an economic downturn.
By Chris Casey • Oct. 28, 2022 -
Courtesy of Diageo
Future focused: How Diageo prioritizes sustainability
The company’s Society 2030 program tailors sustainability goals by brand, avoiding a one-size-fits-all approach.
By Sara Karlovitch • Oct. 27, 2022 -
Courtesy of Impossible Foods
Impossible beef, hard seltzer make up NielsenIQ’s 2022 innovations
Despite a slowdown in new product development during the last three years, the marketing research firm highlighted offerings from Coca-Cola, Danone and Mondelēz among the recent standouts.
By Chris Casey • Oct. 27, 2022 -
Permission granted by Kraft Heinz
Kraft Heinz launches plant-based cheese slices through NotCo joint venture
The product, which Bloomberg says will be in some Ohio stores next month, is the CPG giant’s first foray into new products made without animal-derived ingredients.
By Megan Poinski • Oct. 26, 2022 -
Retrieved from PepsiCo on October 26, 2022
How PepsiCo is working to convince its farmers to embrace regenerative agriculture
The food and beverage giant hopes practices such as using cover crops can help it meet its goal of achieving net zero emissions by 2040, said Rob Meyers, vice president of global sustainability.
By Chris Casey • Oct. 26, 2022 -
Permission granted by Better Meat Co.
The Better Meat Co. patents mycelium it says ‘does an even better job of mimicking’ meat
The California company received its fourth patent for its versatile and shelf-stable Rhiza protein, made from the roots of the fast-growing fungus Neurospora crassa.
By Megan Poinski • Oct. 25, 2022 -
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Constellation transitions to passive role at Canopy Growth
As part of a deal, the alcohol giant would keep its existing 35.7% stake, but no longer be allowed to nominate representatives to the board or approve certain transactions.
By Christopher Doering • Oct. 25, 2022 -
Retrieved from Tyson.
Tyson will pay $10.5M to settle Washington poultry price-fixing suit
The state-level lawsuit includes 16 other chicken producers, which the attorney general says drove up consumer prices since at least 2008.
By Chris Casey • Oct. 25, 2022 -
Permission granted by Kodiak Cakes
Q&AHow one private equity firm is adapting its strategy in today’s volatile environment
While Peter Burns, managing partner at Sunrise Strategic Partners, said there is plenty of money still looking for a home in food, investors are more cautious and prioritizing profitable, established brands.
By Christopher Doering • Oct. 24, 2022 -
Courtesy of General Mills
General Mills’ Old El Paso enters snack category with chips
The brand, best known for taco shells, tortillas and seasoning mixes, is debuting three sweet and savory Tex-Mex-inspired flavors at Walmart.
By Christopher Doering • Oct. 21, 2022 -
Baltimore County Government. (2018). [Photograph]. Retrieved from Flickr.
McCormick plans to eliminate $100M in costs and inefficiencies
The spice maker aims to reduce its reliance on co-packers and trim excess transportation expenses as part of its approach.
By Alejandra Carranza • Oct. 20, 2022 -
Courtesy of King Arthur
Why King Arthur sees regenerative agriculture as a collective CPG effort
The flour brand, which aims to have 100% of its products milled from regeneratively grown wheat by 2030, said it is part of a network of companies aiming to improve the sustainability of the ingredient.
By Chris Casey • Oct. 20, 2022 -
Permission granted by Heineken
For Dos Equis, the pandemic was a ‘wake-up call’ for the 125-year-old brand
After years of falling sales, the Heineken-owned beverage maker best known for beer has accelerated innovation and moved into other alcoholic offerings to keep the brand relevant.
By Christopher Doering • Oct. 20, 2022 -
Courtesy of Beyond Meat
Beyond Meat settles legal battles with Don Lee Farms
The settlement of two bitterly fought cases between the publicly traded company and its former co-manufacturer is confidential, but both sides say they are “satisfied with the outcome.”
By Megan Poinski • Oct. 19, 2022 -
Courtesy of Keurig Dr Pepper
Keurig Dr Pepper appoints new supply chain chief in ‘strategic realignment’
Roger Johnson most recently served as the beverage giant’s chief product officer. He succeeds Tony Milikin, who took on the role in September 2021.
By Max Garland • Oct. 18, 2022 -
Courtesy of Ben & Jerry's
Unilever partners with ASAP for ice cream delivery
The app will work with its restaurant partners to add the company’s frozen treats to menus, but users can also order from the CPG giant’s virtual Ice Cream Shop.
By Megan Poinski • Oct. 18, 2022 -
Permission granted by Conagra Brands
Product quality issues hamper Conagra in Q1
The CPG was forced to pause manufacturing on multiple lines when certain goods did not meet specifications.
By Megan Ruggles • Oct. 17, 2022 -
Michael M. Santiago/Getty Images via Getty Images
DoorDash expands self-service ad tools for CPG brands
PepsiCo and Clorox are embracing the platform’s ad push to support goals like building out their in-house ad platforms and acquiring new customers.
By Sara Karlovitch • Oct. 17, 2022 -
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Big CPGs have not been making food and drink healthier, study finds
The Access to Nutrition Initiative found the 11 largest U.S. manufacturers increased their commitments to affordable, more nutritious products, but have largely not translated those promises into action.
By Megan Poinski • Updated Oct. 17, 2022 -
Courtesy of Beyond Meat
Beyond Meat lays off 200 employees and slashes its revenue outlook
The plant-based meat company, which is eliminating about a fifth of its workforce after cutting staff in August, said the latest job reductions can drive more sustainable growth.
By Megan Poinski • Oct. 14, 2022 -
Courtesy of Laird Superfood
Laird Superfood to close Oregon plant as it shifts to co-packing
The closure of the facility, used to make powdered creamers and hydration products, will result in the loss of 46 jobs this year, the company said.
By Christopher Doering • Oct. 14, 2022 -
Courtesy of Beyond Meat
Beyond Meat’s corporate shakeup sees 3 exec departures, including suspended COO
Doug Ramsey, who was arrested on assault charges last month, officially lost his job, and the CPG eliminated the position of chief global growth officer. Its CFO also announced his departure.
By Megan Poinski • Oct. 14, 2022 -
Christopher Doering/Food Dive
Bang Energy names ex-PepsiCo exec as its COO
Just a day after filing for bankruptcy, the beverage brand named CPG veteran Kathy Cole to oversee operations.
By Christopher Doering • Oct. 13, 2022
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