Corporate Operations: Page
-
Nestlé’s Blue Bottle brews up interest in premium coffee through ultra-rare launch
The offering is part of the brand’s Exceedingly Rare program from single origin coffees that are often available in small quantities. The current batch came from about 290 pounds of beans.
By Christopher Doering • Feb. 22, 2023 -
Soylent acquired by Starco Brands
The price paid for the plant-based nutritional beverage and snack brand was not disclosed by either company.
By Megan Poinski • Feb. 22, 2023 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 5 stories from Food Dive
Check out a selection of articles about some of the biggest trends and news — from McCormick’s reformulation strategy to the impact of GLP-1s — shaping the food industry in 2026.
By Food Dive staff -
Precision Fermentation Alliance forms to promote understanding of the technology
The new trade group, formed by nine leading companies in the space, is the latest industry coalition formed to promote an up-and-coming food technology.
By Megan Poinski • Feb. 21, 2023 -
Nestlé sells fewer products after raising prices
The world's largest food company said it's planning further price increases as it hasn't been able to offset the impact of inflation.
By Christopher Doering • Feb. 21, 2023 -
Miyoko’s Creamery sues its namesake founder over accusations of stealing proprietary information
Miyoko Schinner was terminated from her CEO role last June, but the company did not announce it had parted ways with her until last week.
By Megan Poinski • Feb. 21, 2023 -
Meat plant sanitation service fined $1.5M for child labor violations
Packers Sanitation Services, Inc. paid the sum after regulators found at least 102 children were working overnight shifts at 13 plants owned by companies like JBS and Cargill, a U.S. Department of Labor briefing said.
By Chris Casey • Feb. 21, 2023 -
Column
Leftovers: Morningstar Farms fries up Chik’n with Pringles; Reese’s aims to tame animal crackers
Kellogg is harnessing the power of its classic snack for its new plant-based meat offering, and frozen Italian meals brand Michael Angelo’s enters a new category with a line of pasta sauces.
By Chris Casey • Feb. 17, 2023 -
Impossible Foods cutting 132 workers in California, state filing shows
The staff reduction, which is occurring as the plant-based meat industry grapples with falling sales, comes four months after the company cut about 6% of its employees.
By Christopher Doering • Feb. 17, 2023 -
Activist investor Third Point takes $240M stake in IFF
While many details surrounding the deal remain unknown, Daniel Loeb’s firm has a history of getting involved with food companies and agitating for change.
By Megan Poinski • Feb. 16, 2023 -
Kraft Heinz to launch IHOP coffee in April
The offering, part of a multi-year agreement with the restaurant chain, will allow the CPG to tap into its current expertise in the beverage category with its Maxwell House brand.
By Megan Poinski • Feb. 16, 2023 -
Retrieved from BodyArmor.
Coca-Cola struggles to integrate $5.6B purchase of BodyArmor
The purchase of the sports drink, the largest in the company’s history, led to more “disruption in the short-term” than expected, CEO James Quincey said, but he remains optimistic about the brand’s future.
By Christopher Doering • Feb. 15, 2023 -
Food inflation to remain volatile despite recent improvements, trade group says
While prices in January increased 11.3% compared to the same month a year earlier, the annual rate was the lowest since April, according to the government — a sign the surge in grocery costs could be moderating.
By Chris Casey • Feb. 14, 2023 -
Opinion
Why brands need to pay attention to this year’s ‘Snack Bowl’
Brands are starting to place a heavier focus off the big screen and onto social media platforms, writes Joe Charnitski, director of customer experience management best practices at Sprinklr.
By Joe Charnitski • Feb. 14, 2023 -
TreeHouse Foods looking to M&A to improve manufacturing capacity
While demand has increased for private label items, the company has not been able to fully capitalize on it because of pervasive supply chain issues.
By Megan Poinski • Feb. 14, 2023 -
How chocolate makers inspire devotion from consumers on Valentine’s Day
Shoppers spent about $4 billion on candies for loved ones in 2022, and that is projected to increase in 2023. Here’s how Godiva and Ferrero work to make sure people pick up their confections.
By Megan Poinski • Feb. 14, 2023 -
How Just Egg delivers as the market scrambles
The plant-based substitute has seen record velocities and increased demand in recent months, but leaders say it hasn’t changed the company’s mission.
By Megan Poinski • Feb. 13, 2023 -
Tofurky bought by Morinaga Nutritional Foods for undisclosed amount
The plant-based meat pioneer has worked with the division of the Japanese dairy giant for 17 years, and the acquisition will help strengthen its supply chain and bolster future expansions.
By Megan Poinski • Feb. 10, 2023 -
Kellogg will not split off its plant-based brands
The CPG giant — which saw sales increase 12% in its last quarter — is holding on to MorningStar Farms and only breaking off its cereal brands, CEO Steve Cahillane said on the earnings call.
By Chris Casey • Feb. 10, 2023 -
Post enters pet food category through $1.2B deal with J.M. Smucker
The deal, which includes Rachael Ray Nutrish and Kibbles ‘n Bits, gives the Pebbles cereal and Peter Pan peanut butter producer a prominent presence in a category dominated by Mars, Nestlé and General Mills.
By Christopher Doering • Feb. 9, 2023 -
As CPG needs shift, Ingredion accelerates change within
From hiring workers with expertise in snacking or alternative sweeteners to bulking up its portfolio, the ingredients provider is quickly adapting to an ever-growing list of demands from its customers and shoppers.
By Christopher Doering • Feb. 9, 2023 -
Kerry accepts $19.2M fine for 2018 salmonella outbreak in Honey Smacks
The food and ingredients company pleaded guilty to knowingly manufacturing the Kellogg cereal in an unsanitary facility. The company’s former director of quality assurance will be sentenced next week on related charges.
By Megan Poinski • Feb. 9, 2023 -
J&J Snack Foods to add 3 new distribution centers in bid to simplify network
The snack maker says the new facilities will boost efficiencies by reducing party logistics locations.
By Kate Magill • Feb. 8, 2023 -
Tight supplies will lead to lower margins for meat producers in 2023: S&P report
The nation's most popular credit rating agency said volatile dynamics will drive protein companies to make more cautious decisions and limit investments.
By Chris Casey • Feb. 8, 2023 -
Motif FoodWorks expands business to help startups
The biotech company now offers fermentation and bioprocessing services at bench scale at its new 65,000-square-foot hub near Boston.
By Megan Poinski • Feb. 8, 2023 -
Tyson earnings miss expectations as chicken demand dips, beef costs increase
The meat giant's CEO Donnie King said in its earnings call Monday that weaker consumer demand and operational difficulties hampered the company's sales over the quarter.
By Chris Casey • Feb. 7, 2023