Corporate Operations: Page
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Courtesy of Amy's Kitchen
Amy's Kitchen closes California factory, eliminating 331 jobs
The organic foods company, which has been in the news for reports of employee mistreatment, said the San Jose frozen pizza facility had monthly operating losses of $1 million.
By Megan Poinski • July 21, 2022 -
Christopher Doering/Food Dive
How PepsiCo uses Stubborn Soda to win over new audiences
The premium beverage, which jumped from a retail offer to a restaurant exclusive, features unique flavor combinations and consumer-friendly attributes like Fair Trade Certified cane sugar.
By Christopher Doering • July 21, 2022 -
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 -
Courtesy of General Mills
How 5 food and beverage companies are preparing for a recession
CEOs are optimistic, but looking at potential changes in consumer behavior and buying power as they lay the groundwork for an uncertain future.
By Chris Casey • July 19, 2022 -
Courtesy of The Hershey Co.
Meat and dairy investors say climate inaction threatens their finances: study
More than half said they are not doing enough to make companies implement strategies like reducing greenhouse gases, according to a survey from Changing Markets Foundation.
By Chris Casey • July 19, 2022 -
Courtesy of Mars Inc.
Lawsuit claims artificial coloring in Skittles makes them 'unfit for human consumption'
The class action lawsuit takes Mars to task for using titanium dioxide — which is FDA approved but being banned in Europe — in the brightly colored candies.
By Megan Poinski • July 18, 2022 -
Getty Images
Supply issues top CPG company leaders' concerns, study finds
The survey of more than 300 leaders at large U.S. companies found 62% of manufacturers have reformulated at least six products in the last two years, and nearly seven in 10 are looking for additional ingredient suppliers.
By Megan Poinski • July 18, 2022 -
Christopher Doering/Food Dive
Deep DiveSmall candy makers forced to rethink their business strategies
Sweets manufacturers, many of them family owned, are doing away with long-time traditions in order to survive amid labor shortages, high costs and unreliable deliveries of some ingredients.
By Christopher Doering • July 18, 2022 -
Unsplash / Colton Sturgeon
Sponsored by NielsenIQRounding the bases: 4 ways SMBs can grow and scale during uncertain times
NielsenIQ survey frames how small and medium-sized businesses can win amid supply chain inflation.
July 18, 2022 -
Courtesy of PepsiCo
PepsiCo to build its largest US beverage plant in Colorado
The facility, which will create 250 jobs, is expected to open next summer and make drinks including Gatorade, bubly, Rockstar and its namesake soda.
By Christopher Doering • July 15, 2022 -
Courtesy of Ferrero
Ferrero will open innovation center in Chicago
The 45,000-square foot office space and R&D labs will bring together product formulators and food scientists from the sweets maker’s U.S. facilities, further establishing the importance of the North American market.
By Megan Poinski • July 15, 2022 -
Courtesy of Hershey
Chocolate sales slipping as prices increase to fight inflation
Hershey and snacking competitor Mondelēz International are reducing the weight of some products to offset rising costs, according to Reuters.
By Christopher Doering • July 14, 2022 -
Courtesy of Base Culture
Flowers Foods invests in keto bread maker Base Culture
The bakery giant will help the gluten- and grain-free company increase distribution, scale and marketing, as well as bolster manufacturing capabilities.
By Megan Poinski • July 14, 2022 -
Courtesy of Frito-Lay
PepsiCo considers more price hikes and product mix changes to combat inflation
The beverage and snacking giant saw a sizable revenue boost in the last quarter and increased its annual growth outlook to 10%, but is being cautious in the face of economic uncertainty.
By Christopher Doering • July 13, 2022 -
Permission granted by Tyson Foods
Tyson invests $90M to expand Mississippi plant
The project, which will add more than 320 jobs, boosts chicken output for the processing giant amid heightened consumer demand for the protein.
By Chris Casey • July 13, 2022 -
Courtesy of Frito-Lay
PepsiCo meets saturated fat reduction goal 4 years early
The snacking giant also touted progress in water-use efficiency and direct emissions but said increased demand for its products is hurting environmental improvements in its supply and value chain.
By Christopher Doering • July 11, 2022 -
Halbergman/iStock
Sponsored by TraceGainsMaster the modern supply chain
Nearly 30 months after a pandemic crippled the global supply chain, brands fail to acknowledge that the pandemic didn’t create this supply chain crisis; it simply exposed it.
July 11, 2022 -
Getty Images
Sysco sues the four largest beef producers for price-fixing
The wholesale distributor accused Cargill, JBS, Tyson Foods and National Beef Packing of working together to drive up the price of the protein.
By Chris Casey • Updated July 11, 2022 -
Permission granted by Motif FoodWorks
Motif FoodWorks lays off employees as it restructures
The food-tech firm has let go of an unspecified number of workers to prioritize high-growth areas as economic conditions shift, a spokesperson said.
By Samantha Oller • July 8, 2022 -
Scott Olson via Getty Images
Chicken executives found not guilty of price fixing
The Department of Justice failed to convince a jury, for an unprecedented third time, to hold poultry executives accountable for conspiring to raise prices.
By Chris Casey • July 8, 2022 -
Justin Sullivan via Getty Images
Mission Produce grapples with avocado shortfalls following meager Mexico harvest
One of the world's largest avocado distributors is sourcing more fruit from California and Peru, but admits it won't be enough.
By Sarah Zimmerman • July 7, 2022 -
Getty Images
Smithfield Foods settles pork price-fixing suit for $42M
The meat company did not admit to wrongdoing in this latest suit filed by restaurants and caterers, after settling with a different group of pork buyers for $83 million in 2021.
By Chris Casey • July 7, 2022 -
Courtesy of Opopop
How Opopop is trying to 'make popcorn cool again'
The startup has fashioned its snack as a gourmet alternative, using unique flavors, fun accessories and playful branding to win over younger consumers.
By Chris Casey • July 7, 2022 -
Courtesy of The Vita Coco Company
Diageo partners with Vita Coco on canned cocktail beverage
The drink, which will include the popular coconut water and Captain Morgan rum, will be available in three flavors starting in early 2023.
By Christopher Doering • July 6, 2022 -
Courtesy of Ben & Jerry's
Ben & Jerry's sues Unilever to block sale of its Israeli business
In a lawsuit, the ice cream brand charges that its corporate parent decided to sell its interests in the Middle Eastern country without the consent of its independent board of directors.
By Samantha Oller • July 6, 2022 -
Getty Images
OpinionStand for something: How community outreach can help CPGs build their brands
Food companies can connect with consumers and employees through meaningful volunteerism and philanthropy, writes Ferrara’s Tola Alade-Lambo.
By Tola Alade-Lambo • July 6, 2022
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