Corporate Operations: Page 72

  • ice cream, halo top
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    Permission granted by Halo Top
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    After a sharp decline in sales, Halo Top changes its recipe

    The ice cream, which faces mounting competition, is switching to ultra-filtered milk to create a creamier feel while keeping the same taste and low-calorie count.

    By • April 19, 2022
  • Flow Beverage, water
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    Permission granted by Flow Beverage
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    Former Nestlé​ water chief thirsts for differentiation as CEO of Flow Beverage

    The company has seen revenue surge sevenfold over three years to $34 million as more stores stock its alkaline liquid with paper packaging.

    By • April 18, 2022
  • The letters AI on a digital block Explore the Trendline➔
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    Getty Images
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    Trendline

    How 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
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    Permission granted by Tate & Lyle
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    Sponsored by TraceGains

    Tate & Lyle names 2022 food and beverage trends

    With more pressing concerns, it’s easy to think brands might be overlooking longer-term goals, such as new product development.

    April 18, 2022
  • butter
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    Getty Images
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    Food-at-home prices jump 10% as supply chain, Ukraine war pressures mount

    The latest Consumer Price Index data shows hefty yearly increases for meat and flour, while butter saw the largest monthly price increase in March.

    By • April 14, 2022
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    Scott Olson via Getty Images
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    Inflation may be hitting a 'tipping point' for consumers

    Food retailers have benefited from higher prices up to this point, but as inflation tops 8%, experts say some consumers will start to change their shopping habits.

    By Jeff Wells • April 14, 2022
  • Evol, Conagra Brands, carbon, environment, frozen food
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    Permission granted by Conagra Brands
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    Conagra's Evol brand to introduce carbon-neutral frozen meals

    The CPG giant said eight single-serve offerings will reach store shelves starting in June and be verified by the Carbonfree Product Certification Program.

    By • April 13, 2022
  • TreeHouse Foods logo with green squares around it
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    Retrieved from TreeHouse Foods on July 01, 2016
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    TreeHouse Foods names new director to board following agreement with Jana

    The activist investor, which has a 9.2% stake in the private label food maker, has been agitating for a sale and other changes at the company for more than a year.

    By • April 13, 2022
  • Hostess products
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    Courtesy of Hostess
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    Hostess taps former Kraft Foods executive as CFO

    Travis Leonard is stepping in as the baked sweets maker shifts its focus from debt reduction to mergers and acquisitions.

    By Maura Webber Sadovi • April 11, 2022
  • Beyond Meat's Beyond Burger
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    Courtesy of Beyond Meat
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    Beyond Meat to settle investor lawsuit about co-manufacturer dispute

    The plant-based meat maker plans to pay attorneys' fees, create a risk committee and make changes to its board makeup, but the underlying litigation with Don Lee Farms is still pending.

    By • April 11, 2022
  • Kerry acquired ayurvedic ingredients company Natreon in 2022.
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    Courtesy of Kerry
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    Kerry buys ayurvedic ingredients maker Natreon

    The deal brings several functional herbs and extracts associated with Indian traditional health practices to the Irish company's portfolio. 

    By • April 7, 2022
  • Del Monte Foods
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    Permission granted by Del Monte Foods
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    Del Monte pledges to hit net zero emissions by 2050

    The canned produce company plans to reduce or eliminate most of its existing emissions through practices like regenerative agriculture or earth-friendly packaging.

    By • April 7, 2022
  • A picture of the street sign stating "Wall Street." American flags drape over a nearby building
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    Kena Betancur via Getty Images
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    IPOs in Americas plummet 72% during first quarter: EY

    Despite several companies going public in recent years, the food and beverage sector has been largely quiet in 2022, with firms like Chobani deciding to delay listing their shares.

    By Jim Tyson , • April 5, 2022
  • Dr Pepper can
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    "Dr. Pepper" by cyclonebill is licensed under CC BY-SA 2.0
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    Keurig Dr Pepper CEO to step down in July

    Bob Gamgort will transition to the role of executive chairman, while CFO Ozan Dokmecioglu will take the helm at the beverage maker.

    By , • Updated April 5, 2022
  • Flavors of Bud Light Seltzer
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    Permission granted by Anheuser-Busch
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    AB InBev to invest $50M in St. Louis brewery to boost seltzer production

    Despite slowing seltzer sales, the category remains lucrative for beer giants with brands such as Bud Light Seltzer competing with White Claw and Truly.

    By • April 1, 2022
  • The offices of fermented mushroom ingredient company MycoTechnology
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    Courtesy of MycoTechnology
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    MycoTechnology raises $85M for innovation and international expansion

    In its Series E round, the fermented mushroom ingredient giant received money from the venture arms of Griffith Foods, Tyson Foods, Bunge, Continental Grain and Maple Leaf Foods.

    By • March 31, 2022
  • Gotham Greens
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    Courtesy of Gotham Greens
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    Gotham Greens to double its capacity in 2022 as it bolsters retail footprint

    The growth will enable the company to serve many of the country’s largest stores, which are seeing an increase in consumer demand for greenhouse-grown produce.

    By • March 31, 2022
  • Hostess Brands, Donettes, Twinkies
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    Permission granted by Hostess Brands
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    Deep Dive

    With a portfolio of iconic snacks, Hostess Brands sweetens its business for another century

    Just a decade after bankruptcy, the Twinkies maker is thriving under CEO Andy Callahan, who has prioritized innovation and moving its iconic offerings into faster-growing occasions.

    By • March 30, 2022
  • A worker in one of Ynsect's insect farms.
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    Courtesy of Ynsect
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    Ynsect expands to the US with mealworm farm addition

    This gives the France-based company a foothold toward making ingredients for human food in America, which are likely to be targeted to the sports nutrition and health markets.

    By • March 29, 2022
  • Stone Brewing
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    Retrieved from Stone Brewing.
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    Molson Coors must pay Stone Brewing $56M in trademark dispute, jury finds

    The case hinges on the beer giant's 2017 decision to rebrand its Keystone brew as "Stone." A spokesman said the company is evaluating options for appeal.

    By • March 29, 2022
  • A flock of turkeys roams on grass
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    Matt Cardy via Getty Images
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    Hormel's Jennie-O confirms presence of bird flu in its supply chain

    There have been 77 cases of the disease among commercial and backyard flocks as part of this year's outbreak, including a Tyson Foods operation in Kentucky.

    By • March 29, 2022
  • Hershey's chocolate bars are shown on July 16, 2014 in Chicago, Illinois.
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    Scott Olson via Getty Images
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    Hershey workers at Virginia plant vote against unionization

    The decision bucks what has been a broader trend across the U.S. where some workers have decided to join a union or used their increased clout to strike.

    By • March 28, 2022
  • A panel of investors at Future Food-Tech 2022 in San Francisco.
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    Megan Poinski/Food Dive
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    After a record 2021, food tech investments will keep coming, conference panel says

    At Future Food-Tech in San Francisco last week, several investors detailed why people are getting excited about the space and what will lead the dollars to continue to flow.

    By • March 28, 2022
  • IBM
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    Permission granted by IBM
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    Taste testing taps into the modernized speed of artificial intelligence

    From cutting sugar to discovering new flavors, manufacturers such as Conagra and Danone are turning to the technology to get products to market faster and gain a competitive advantage.

    By • March 24, 2022
  • Sixty Kroger stores tested sales of plant-based meat in the meat section in early 2020, in connection with the Plant Based Foods Association.
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    Courtesy of Plant Based Foods Association
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    Plant-based price parity will lead to exponential growth, study finds

    Alternative proteins could have a 22% market share in meat once the analogs cost the same, Kearney's study found.

    By • March 24, 2022
  • Beyond Meat Jerky is the first product from the Planet Partnership with PepsiCo.
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    Courtesy of Beyond Meat
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    Beyond Meat and PepsiCo launch plant-based jerky

    The first product under the companies' Planet Partnership joint venture is made of ingredients like peas and mung beans, and will be available in stores nationwide.

    By • March 23, 2022