Corporate Operations: Page 84
-
Courtesy of Meati
Meati hires General Mills exec to smooth its path to market in 2022
Scott Tassani will bring 30 years' experience to the maker of mycelium-based meat alternatives, which aims to begin direct-to-consumer sales next year.
By Megan Poinski • Dec. 1, 2021 -
Carol Highsmith. (2005). "Apex Bldg." [Photo]. Retrieved from Wikimedia Commons.
Kraft Heinz, Tyson among 9 companies to receive FTC order for supply chain data
The information the agency will solicit is at the forefront of supply chain managers' day-to-day operations, such as the disruptions to obtaining and transporting products.
By Shefali Kapadia • Nov. 30, 2021 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 5 stories from Food Dive
The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future.
By Food Dive staff -
Justin Sullivan via Getty Images
Pabst names Ferrero executive as its new CEO
Paul Chibe, who will take over for Eugene Kashper on Dec. 1, said the 177-year-old beer maker has "huge unrealized potential."
By Christopher Doering • Nov. 30, 2021 -
Permission granted by Highlight
CPGs think inside the subscription box for product testing
New popcorn varieties developed by Cretors were mailed along with toothpaste and cereal to consumers' homes, providing the manufacturer with nearly instantaneous feedback.
By Christopher Doering • Nov. 30, 2021 -
Sean Gallup via Getty Images
3 ways Big Food is coming to terms with its climate impact
In the aftermath of the UN's COP26 climate conference, CPGs are ramping up their efforts around emissions cuts, deforestation and more.
By Chris Casey • Nov. 29, 2021 -
Michael Loccisano via Getty Images
OpinionHow to get prepared for the post-pandemic consumer
The key to riding the wave of disruption is decoding the behavioral signals around changing shopper attitudes toward food as they happen, writes Oliver Wright with Accenture.
By Oliver Wright • Nov. 29, 2021 -
Permission granted by The Giant Company
The Giant Company to test technology to boost brands in the alcohol aisle
The grocer's SocialShelf platform will help customers navigate the category in-store, particularly for "upscale wine and high-end craft beer," a company spokesperson said.
By Catherine Douglas Moran • Nov. 24, 2021 -
Permission granted by Mondelez International
Mondelēz to spend $123M on Virginia location expansion
The investment will fund construction of a new sales fulfillment center and the installation of a high-speed Oreo production line.
By Christopher Doering • Nov. 22, 2021 -
Courtesy of Greenleaf Foods
What's behind the slowdown in plant-based meat sales?
With major companies posting lower-than-expected revenues, the once-hot sector is looking less appealing to investors. Three analysts give their take on what happened and the segment's future.
By Megan Poinski • Nov. 22, 2021 -
adobe stock/ZinetroN
Sponsored by Comarch, Inc.Why automated sales reporting leads to better decision-making
Eliminate manual, unharmonized reporting, and develop advanced short and long-term strategies and make much better business decisions.
By Aneta Dyńka, Business Solution Manager • Nov. 22, 2021 -
Courtesy of J.M. Smucker
J.M. Smucker to build $1.1B plant for Uncrustables, creating up to 750 jobs
The Alabama facility will contribute to the company's goal of growing the brand over the next five years to about $1 billion in annual net sales.
By Christopher Doering • Nov. 19, 2021 -
Matthew Stockman via Getty Images
JBS enters cell-based meat with BioTech Foods acquisition and $100M investment
The world's largest meat company is the first to make an acquisition in the growing space, and plans to build a production facility in Spain and a cultivated meat R&D center in its home country of Brazil.
By Megan Poinski • Nov. 18, 2021 -
Courtesy of Chobani
Chobani reveals surging sales as it moves closer to IPO
The Greek yogurt maker, which plans to list on the Nasdaq under the symbol "CHO," posted revenue of $1.4 billion in 2020 with losses of $58.7 million, according to an SEC filing.
By Christopher Doering • Nov. 17, 2021 -
Permission granted by Sanderson Farms
Sanderson and Wayne Farms merger 'an opportunity that doesn't come along very often,' CEO says
Clint Rivers said the new company — which would be the third-largest U.S. poultry processor after the deal closes — will benefit from expansion into new categories and growing demand for chicken.
By Christopher Doering • Nov. 17, 2021 -
Courtesy of Del Monte Foods
Del Monte Foods doubles down on upcycled foods by reusing pineapple juice
The fruit and vegetable company said two of its Fruit Infusions cups have been declared Upcycled Certified and would redirect about 130,000 pounds of the liquid annually.
By Christopher Doering • Updated April 20, 2022 -
Retrieved from General Mills.
General Mills considering sale of Progresso, Hamburger Helper for $3B, Bloomberg reports
The CPG giant is working with Goldman Sachs on a potential sale, which also could include some smaller brands in its portfolio.
By Christopher Doering • Nov. 11, 2021 -
Courtesy of Beyond Meat
Beyond Meat shares tumble after company reports lower-than-expected revenues
Several factors contributed to the plant-based meat leader missing its targets, CEO Ethan Brown said, but he is optimistic about the company's future.
By Megan Poinski • Nov. 11, 2021 -
Retrieved from Dot's Homestyle Pretzels.
Hershey buys Dot's Homestyle Pretzels and its co-manufacturer for $1.2B
CEO Michele Buck calls the company's second-largest deal a "growth play" as the CPG giant expands its portfolio beyond confections into salty snacks popular with consumers.
By Christopher Doering • Nov. 10, 2021 -
Courtesy of Drinkworks
How the 'Keurig for cocktails' is tapping into rising home demand
Drinkworks, which makes beverages like White Russians and mojitos from pods, used COVID-19 to expedite its nationwide rollout, grow drink offerings and quicken the development of its new machine.
By Christopher Doering • Nov. 9, 2021 -
Courtesy of Schwan's Company
OpinionHow the rise in grocery e-commerce is reshaping food marketing
From creative sampling to building digital shelves, CPGs need innovative solutions to capture consumers who are scrolling instead of strolling, writes Schwan's Roberto Rios.
By Roberto Rios • Nov. 9, 2021 -
Courtesy of Kroger
Kroger unveils collaborative cloud platform as CPGs race to meet retail's new mandates
The offering, utilized by food companies such as Conagra Brands, aims to use consumer data to help them make marketing decisions and keep pace with supply chain disruptions.
By Peter Adams • Nov. 8, 2021 -
Rey Del Rio via Getty Images
Labor crisis roils the food industryAs strike enters its sixth week, Kellogg wrestles with cereal supply
CEO Steve Cahillane told Bloomberg the company has begun importing product from overseas to keep supply flowing after the workers' union rejected its latest offer.
By Chris Casey • Nov. 8, 2021 -
Courtesy of The Real Good Food Company
Real Good Food exec says IPO will accelerate its possibilities
With the Nasdaq debut of the better-for-you frozen comfort food company, Executive Chairman Bryan Freeman is bullish on its next-generation approach to brand equity and growth potential.
By Megan Poinski • Nov. 8, 2021 -
Retrieved from TreeHouse Foods on July 01, 2016
TreeHouse Foods nixes sale but continuing to explore divestitures
The food maker said it is optimistic over the prospects for private label and that a sale of part of its meal preparations division would make its business less complicated.
By Christopher Doering • Updated March 14, 2022 -
Mario Tama via Getty Images
Court stays employer vaccine mandate
The 5th Circuit ordered the stay due to "grave statutory and constitutional issues with the Mandate."
By Kathryn Moody • Nov. 6, 2021
Previous
