Corporate Operations: Page

  • A wooden spoon full of mealworms sits on a wood table with other containers of mealworms and greens in the periphery.
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    The age of disruptive products is over, Rabobank report says

    Companies are focusing on more incremental innovation as investment capital tightens up and consumer appetite for new things has been lacking.

    By • June 16, 2023
  • A taco made with Impossible Foods' ground plant-based meat.
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    Courtesy of Impossible Foods
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    Impossible Foods hires industry veterans to head science and supply chain

    Sunil Chandran, formerly head of science and R&D at Amyris, will lead the plant-based company’s scientists. Rob Haas, who spent decades at AB InBev, will be in charge of sourcing, manufacturing and logistics.

    By • June 16, 2023
  • Mergers and acquisitions Explore the Trendline➔
    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
  • Several boxes of Yasso frozen treats on an orange background.
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    Courtesy of Unilever
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    Unilever bulks up premium ice cream with Yasso purchase

    The purchase, for an undisclosed amount, brings the fast-growing better-for-you brand under the consumer goods giant’s umbrella.

    By • June 15, 2023
  • Cows, cattle, eating feed
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    Getty Images
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    USDA aims to boost accuracy of antibiotic-free, ‘humane’ meat labeling

    The initiative — which follows stakeholder petitions for more oversight — is an effort to strengthen standards to validate claims such as “grass-fed" and “free-range,” among others.

    By • June 14, 2023
  • Variety of butchered meat in a display counter
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    Sean Gallup via Getty Images
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    Pork prices weaken on excess supply, fueling concerns amid Prop 12 uncertainty

    Meatpackers like Hormel and Tyson have reported sales declines, citing inflation and soft demand.

    By Nathan Owens • June 13, 2023
  • Marguerite Zabar Mariscal
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    Permission granted by Momofuku
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    Q&A

    8 questions with Momofuku CEO Marguerite Zabar Mariscal

    The executive talks to Food Dive about her rise from intern to CEO of the popular restaurant group and, more recently, the company’s expanding CPG business.

    By Judy McGuire • June 13, 2023
  • Two people, one dressed as a caveman and the other manning a grill, enjoy Impossible Burgers.
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    Courtesy of Impossible Foods
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    Impossible Foods taps Terry Crews’ agency Super Serious for national campaigns

    The promotions see the plant-based brand using humor to adopt a more inclusive and approachable tone.

    By Sara Karlovitch • June 12, 2023
  • AeroFarms vertical farming
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    Courtesy of AeroFarms
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    AeroFarms files for Chapter 11 bankruptcy protection

    The news comes as the indoor agriculture sector has seen a loss of funding in recent years, following sky-high initial costs of production and weakened venture capital interest across the food industry.

    By • June 12, 2023
  • Emerald Nuts
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    Permission granted by Flagstone Foods
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    Q&A

    From private label to branded offerings: How Flagstone is branching out with Emerald nuts acquisition

    In this Q&A, CEO Harry Overly talks about the company’s first foray out of store-brand offerings, its plans for the snacking line and the outlook for future deals.

    By • June 12, 2023
  • A person slices a Meati Crispy Cutlet on a white cutting board that sits on a coral-colored counter.
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    Courtesy of Meati Foods
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    Derek Jeter invests in Meati Foods

    The Baseball Hall of Famer will also serve as an adviser to the mycelium meat alternative maker, which is working to expand its steak and chicken analogs to stores nationwide. 

    By • June 12, 2023
  • A stack of plain bagels thickly spread with cream cheese, with a container of Oatly Cream Cheese in the pile, sits on a paper doily on a silver platter on a diner counter.
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    Courtesy of Oatly
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    Column

    Leftovers: Oatly spreads into cream cheese; Kellogg harvests better-for-you Pringles

    The Swedish oat milk maker’s new items come in Plain and Chive & Onion flavors, and Sam Adams provides beer drinkers with excuses to say no to their responsibilities.

    By Food Dive staff • June 9, 2023
  • Bottles of Jones Soda.
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    Courtesy of Jones Soda
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    Jones Soda names former PepsiCo executive as new CEO

    David Knight will take over at the company known for flavors such as Blue Bubblegum and Turkey-and-Gravy on June 23. He replaces Mark Murray, who is retiring.

    By • June 9, 2023
  • Lifeway Foods
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    Retrieved from Lifeway Foods.
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    Lifeway Foods shareholder blasts CEO and board, calls for sale of the kefir maker

    Kanen Wealth Management, which owns 4.1% of the company, claims the board and chief executive are “mis-managing the business” and not looking out for shareholders.

    By • June 8, 2023
  • IFF logo
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    Courtesy of International Flavors & Fragrances
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    IFF taps Kellogg exec to lead food ingredients division

    Yuvraj Arora will oversee Nourish, which is the largest business segment of the New York-based company.

    By • June 8, 2023
  • Haagen Daas yogurt, general mills
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    Courtesy of General Mills
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    General Mills is bringing Häagen-Dazs to the yogurt aisle

    The product, available in six flavors, is made with fresh milk and cream as well as real fruit and ingredients, such as bourbon vanilla beans sourced from Madagascar and handpicked strawberries.

    By • June 6, 2023
  • Overhead view of three strips of fried MyBacon in a cast iron skillet on a wooden surface. Moss, branches and mushrooms are arranged around the pan, and the package is in the top right corner.
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    Courtesy of MyForest Foods
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    MyForest Foods gets $15M investment and new CEO to continue growth

    The funds, which came from parent company Ecovative Design, will be used to drive the further expansion of mycelium bacon and other products.

    By • June 6, 2023
  • Vertical rows of four kinds of Prime Roots' deli meat slices.
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    Courtesy of Prime Roots
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    Quorn partners with Prime Roots to help its expansion

    The U.K. company that pioneered mycelium for food also invested an undisclosed amount in the deli meat alternative maker.

    By • June 5, 2023
  • hormel skippy spam
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    Justin Sullivan via Getty Images
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    Hormel Foods plans further price increases as costs remain elevated

    The owner of Jennie-O, Spam and Planters said while additional pricing decisions will help it manage expenses, it’s keeping a close watch on how they impact consumer buying habits.

    By • June 2, 2023
  • Perfect Bars, Mondelez
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    Retrieved from Perfect Bars.
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    Column

    Leftovers: Mondelēz layers more flavors onto Perfect Bar | Splenda splashes into drink mixes

    The snack brand is debuting Crispy Peanut Butter offerings in chocolate and berry varieties, and Alouette brings its signature brie to the barbecue with a product designed for grilling.

    By Food Dive staff • June 2, 2023
  • A technician with Shiru works on making and testing plant-based ingredients.
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    Permission granted by Shiru
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    How Givaudan aims to get ahead of future food trends with AI platform

    With its new “futurescaping” technology for food and beverage applications, the ingredient company aims to blend artificial and human intelligence to predict upcoming shifts in consumer desire.

    By • June 1, 2023
  • Kellogg's signage outside its headquarters in Michigan.
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    Getty Images
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    Kellogg’s CIO lays out IT roadmap for company split

    The food manufacturing giant will become two separate companies by the end of 2023. That shift brings along technical challenges — and some potential upsides.

    By Roberto Torres • June 1, 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
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    Courtesy of Meati Foods
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    VC funding for food and beverage plunging amid challenging environment, data shows

    During the last four quarters, the amount of money raised and the number of deals have fallen significantly compared to the same period the year before, according to PitchBook.

    By • May 31, 2023
  • A pitcher pours black coffee into a glass of ice sitting on a brown wooden tablecloth with wooden bowls of different items nearby.
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    Getty Images
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    How Smucker will use liquid coffee to win over Gen Z

    A new Dunkin’ product that makes hot or cold beverages in seconds hits shelves in July. The company says it will unlock its future in the space.

    By • May 30, 2023
  • Campbell Soup
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    Christopher Doering/Food Dive
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    Campbell Soup sells Emerald nuts business to Flagstone Foods for undisclosed amount

    The nut-focused brand was an outlier in the CPG giant’s broader snacking business, which includes chips, popcorn, cookies, pretzels and crackers.

    By • May 30, 2023
  • Person pushing a cat down a grocery aisle.
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    Getty Images
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    Three in four consumers say food impacts their mental well-being, survey finds

    A new report from the International Food Information Council found stress led 51% of people to consume items that are less healthy.

    By • May 26, 2023