Corporate Operations: Page

  • Grocery cart of Tyson Foods products, brands
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    Joe Raedle via Getty Images
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    Tyson Foods posts first quarterly loss in 14 years and lowers 2023 sales outlook

    CEO Donnie King told Wall Street analysts he can’t remember a time when the company faced “the highly unusual situation” of its beef, pork and chicken operations experiencing challenges simultaneously.

    By • May 9, 2023
  • Jean-Christophe Flatin, in a navy blue sweater, stands next to Toni Peterson, in a black sweater, with an open office in the background.
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    Courtesy of Oatly
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    Oatly to boost its president to CEO

    Jean-Christophe Flatin will take the helm at the Swedish oat milk company on June 1, while current leader Toni Petersson will transition to co-chairperson of the board of directors.

    By • May 9, 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
  • A rectangular box of five TruffVel candies, which look like Velveeta Shells & Cheese, with the orange and black lid behind it. The background is red.
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    Courtesy of Kraft Heinz
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    Velveeta and fine chocolate mix in Kraft Heinz TruffVels launch

    The confection, made by Compartés Chocolatier to look like the brand’s Shells & Cheese offering, is the latest unconventional product from the CPG giant.

    By • May 9, 2023
  • Hershey, Reese's
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    Christopher Doering/Food Dive
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    Opposites attract: Hershey aims to disrupt $1.7B sweet and salty category

    The 129-year-old company, which wants to be the No. 1 branded manufacturer in the space by 2026, is banking on its prior experience, a portfolio of well-known offerings and the absence of a larger CPG player.

    By • May 8, 2023
  • Molson Coors, Miller High Life, truffles
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    Courtesy of Molson Coors
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    Column

    Leftovers: Miller High Life infuses beer into chocolate; Twisted Tea blasts off with a popsicle-inspired drink

    The Molson Coors-owned brand and chocolatier Phillip Ashley mix the brew into Bar Snack Truffles, and allergy-friendly brand Partake brings a campfire treat to s’more consumers.

    By Food Dive staff • May 5, 2023
  • Sesame seeds cover a wooden table. A lighter wood bowl full of sesame seeds with a matching wooden spoon inside sits among them.
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    Getty Images
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    Legislators condemn manufacturers that added sesame in response to allergy labeling law

    Some bakers have put the ingredient into products that didn’t have it before, which has led some people to unknowingly consume the seed.

    By • May 4, 2023
  • Do Good Foods Chicken
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    Courtesy of Do Good Foods
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    Behind Do Good Foods’ mission to lower livestock emissions through upcycling

    The company, which uses unsold groceries to create animal feed, plans to have a facility in every major metropolitan area to produce its chicken and egg products.

    By • May 3, 2023
  • The Every Company and Alpha Foods' logos on a black background.
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    Courtesy of The Every Company and Alpha Foods
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    The Every Company and Alpha Foods partner to create plant-based food with animal-free eggs

    The joint development agreement is the first to bring a precision-fermentation-made ingredient to enhance meat analogs.

    By • May 3, 2023
  • Three packages of Kraft Heinz Homebake products sit on a gray marbled surface.
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    Courtesy of Kraft Heinz
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    Kraft Heinz brings convenience to frozen meals with Homebake 425°/:30

    The new brand, the latest in a series of recent innovations from the CPG giant, features different options for main courses as well as side and vegetable dishes.

    By • May 3, 2023
  • Cans of plant-based Loma Linda Tuno.
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    Courtesy of Atlantic Natural Foods
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    Above Food to go public through SPAC merger

    The deal values the Canadian agriculture, ingredient and CPG company at $319 million, and company leaders say there are opportunities for margin growth.

    By • May 1, 2023
  • A person carrying a tote bag looks at items on a grocery store shelf
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    Brandon Bell via Getty Images
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    8 mistakes food and beverage brands make as they move to retail

    Experts weigh in on how success can be short-lived when food and beverage brands fail to understand some of the biggest pitfalls after diving into the world of retail.

    By Sharon Brandwein • May 1, 2023
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    Matthew Stockman via Getty Images
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    JBS USA taps new CEO

    Wesley Batista Filho, grandson of the company’s founder, is taking over. Outgoing chief Tim Schellpeper chose to retire, the meat giant said in a statement.

    By • May 1, 2023
  • wendy's chili conagra
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    Courtesy of Conagra Brands
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    Column

    Leftovers: Conagra brings Wendy’s chili to cans; M&M’s brews Caramel Cold Brew candy

    The CPG version of the fast food staple features beef, peppers and beans in a tomato-based sauce, and DiGiorno gets thick and thin with new pizza styles.

    By Food Dive staff • April 28, 2023
  • nestle, lean cuisine, life cuisine, frozen
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    Christopher Doering/Food Dive
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    Nestlé urged by investor group to lower dependence on unhealthy food products

    In a letter, the shareholders said they have “already made clear our willingness to escalate our engagement” with the CPG giant should it fail to act.

    By • April 28, 2023
  • pasta noodles company
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    Courtesy of Pasta Noodles Co.
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    New startup brings the ramen experience to instant pasta

    Pasta Noodles Co. said it is bringing authentic Italian pasta packaged in a rapid cook cup, which cooks in three minutes in a microwave.

    By • April 28, 2023
  • stevia
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    The image by Irene Kightley is licensed under CC BY-SA 2.0
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    SweetLeaf partners with American Diabetes Association to promote stevia and monk fruit

    The year-long partnership will tout the company’s sweeteners as a healthier and safer alternative with event sponsorships, recipes and cooking demonstrations.

    By • April 27, 2023
  • A sign hangs above the door at the Tyson Foods offices on October 06, 2022 in Chicago, Illinois.
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    Scott Olson via Getty Images
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    Tyson Foods to lay off 10% of corporate employees

    The job cuts — which include 15% of senior leadership positions — mark the third major cost-cutting measure by the largest U.S. meat processor in recent months.

    By • April 27, 2023
  • regenerative agriculture sustainability ESG
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    Mario Tama via Getty Images
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    Regenerative ag is driving food sustainability promises, but is it greenwashing?

    As companies like PepsiCo and General Mills enlist farmers to deliver on their lofty emissions reduction goals, experts are divided over whether the practice will produce tangible results.

    By , • April 27, 2023
  • Utz
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    Retrieved from Utz Snacks.
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    Utz Brands to lay off 175 workers as it closes Alabama manufacturing facility

    The snack maker said the plant, which makes Golden Flake and other products, will shutter on or around July 3 as part of “the company’s dedication to network optimization and cost containment.”

    By • April 26, 2023
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    Matthew Stockman via Getty Images
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    JBS ends contracts with company fined for employing child labor

    The meat processing giant will transition its sanitation services in-house at some locations and to third-party providers at other plants.

    By • April 26, 2023
  • A set of packaged burritos from Amy's Kitchen.
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    Courtesy of Amy's Kitchen
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    Amy’s Kitchen adds another new executive, promoting VP to company president

    Paul Schiefer joins a slate of new leaders at the frozen organic meal company in HR, supply chain and communications following a year of labor complaints and boycotts.

    By • April 26, 2023
  • Five colorful jars of Just Spices -- including two that are open -- are stacked and positioned on a wooden surface.
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    Courtesy of Just Spices/Kraft Heinz
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    Kraft Heinz enters US seasonings segment with Just Spices

    The CPG company bought a majority stake in the successful German startup — which sells trendy blends largely direct-to-consumer — in 2022. Ten offerings are now available to American consumers online. 

    By • April 26, 2023
  • Budweiser and Bud Light cans
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    Thai Phi Le/Food Dive
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    AB InBev puts 2 execs on leave after furor over transgender influencer

    Marketing executives Alissa Heinerscheid and Daniel Blake oversaw a controversial collaboration with Dylan Mulvaney.

    By Chris Kelly • April 25, 2023
  • A shopper compares two bottles of juice.
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    Getty Images
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    80% of consumers say companies are raising prices out of greed, according to study

    Three quarters of the shoppers responding to Attest’s survey said they’d noticed the steepest increases at the grocery store, and 71% were willing to switch brands to save money.

    By • April 25, 2023
  • Meat at a Safeway in Washington, D.C.
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    Catherine Douglas Moran/Food Dive
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    Meat prices rose less than 1% overall in March as sales remained close to year-ago levels

    Prices for fresh beef, pork, bacon and lamb were down last month on a year-over-year basis, but costs for chicken and turkey increased by almost 10%.

    By Sam Silverstein • April 24, 2023