Corporate Operations: Page
-
Impossible Sausage debuts in grocery stores
The plant-based pork product, which first launched in foodservice in 2020, will be available in Savory and Spicy varieties at several retail locations nationwide.
By Megan Poinski • Aug. 11, 2021 -
Freshly launches plant-based meals
The debut of the Purely Plant line was sped up by Nestlé's acquisition of the company late last year, said co-founder and CEO Mike Wystrach.
By Catherine Douglas Moran • Aug. 11, 2021 -
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 -
Coca-Cola closing pair of bottling plants affecting nearly 500 workers
The decision to shutter the facilities, expected in 2023, comes as the beverage giant says it is repositioning its portfolio to better respond to changing consumer tastes.
By Christopher Doering • Aug. 10, 2021 -
PepsiCo and Boston Beer's Hard Mtn Dew to hit stores in February
The beverage, which contains 100 calories and has 5% alcohol by volume, will be available in a limited number of states.
By Christopher Doering • Updated Jan. 31, 2022 -
Super Coffee parent company raises $106M to continue expansion
The funding round, led by Durable Capital Partners and with participation from leaders from Boston Beer and Schnuck Markets, brings the startup's valuation to more than $500 million, Bloomberg reports.
By Jessi Devenyns • Updated Dec. 6, 2021 -
Danone's Silk launches plant-based Greek yogurt
With the thick, protein-packed variety dominating the dairy-based segment, the company's new offer aims to recreate its success.
By Megan Poinski • Aug. 10, 2021 -
Why Finless Foods is taking the plunge into plant-based fish
The company, one of the first dedicated to cell-based seafood, created the product while doing R&D for its cultured bluefin tuna and sees it as a way to transform into a food producer.
By Megan Poinski • Aug. 9, 2021 -
Sanderson Farms to be acquired by Cargill and Continental Grain for $4.53B
Combining the poultry producer with Continental's Wayne Farms subsidiary will give the new entity about 15% of U.S. chicken production. The deal is subject to regulatory approval.
By Megan Poinski , Christopher Doering • Updated Aug. 9, 2021 -
Column
Leftovers: Del Monte's fruit cups get functional; French's bun mashup bakes in the mustard
Digestion, energy and immune-boosting ingredients are infused in the company's fruit, and Nissin Foods says "yes" to pumpkin spice ramen.
By Food Dive staff • Aug. 6, 2021 -
DouxMatok hires CEO with experience in partnerships, marketing and brand building
Ari Melamud is the first outside leader for the Israel-based sweetener company and joins at a time when its Incredo Sugar is widely available to manufacturers.
By Megan Poinski • Aug. 5, 2021 -
Miyoko's Creamery gets $52M investment
The artisan plant-based cheese company plans to use the funds to expand into more retail outlets and launch new products.
By Megan Poinski • Aug. 5, 2021 -
Danone expands partnership with AI firm Brightseed to explore health benefits in plants
The multiyear collaboration will focus on common crops and lesser-known species as the food giant works to triple its sales in the plant-based space by 2025.
By Samantha Oller • Aug. 5, 2021 -
Famous Amos launches brand refresh with focus on premium ingredients
The Ferrero-owned brand created three cookie varieties using products sourced from international locations, including the Philippines, Belgium and the Mediterranean.
By Lauren Manning • Aug. 5, 2021 -
Food and retail companies found broiler chicken welfare working group
Nestlé, Panera Bread, Target, Sodexo and Aramark are among the founding members of the coalition, which will work with Compassion in World Farming to help companies transition to more humanely sourced poultry.
By Lauren Manning , Samantha Oller • Aug. 4, 2021 -
Molson Coors launches ultra-premium whiskey brand
Five Trail, a blend of Colorado single-malt whiskey made with Coors malts and three bourbons, is the company's first foray into spirits and will hit shelves in some states next month.
By Megan Poinski • Aug. 4, 2021 -
Tyson to require COVID-19 vaccinations for entire US workforce
The meat processor would be the largest food company in the country to mandate the shot, as the delta variant triggers a wave of new infections.
By Samantha Oller • Aug. 4, 2021 -
Retrieved from Danone.
Danone prepares 'plant-based 2.0' platform
The food giant is making taste and texture improvements to its oat, almond and soy milks, with new U.S. launches for Silk and So Delicious set for the second half of 2021.
By Samantha Oller • Aug. 3, 2021 -
PepsiCo to sell Tropicana, other juice brands for $3.3B
Private equity firm PAI Partners is picking up the well known names, and the soda company will retain a minority stake in the business.
By Megan Poinski • Updated Aug. 3, 2021 -
How Kellogg uses data to drive growth
The Michigan company looks at many sources to create actionable plans that enhance sales, supply chain and consumer experience, Chief Growth Officer Monica McGurk explains.
By Megan Poinski • Aug. 2, 2021 -
Shoppers stocking up on health-related items as COVID-19 cases rise, Instacart finds
Sales of items including disinfectant sprays and wipes, hand sanitizer and cold medicine were up by 15% or more over one week in mid-July, according to the e-commerce company.
By Sam Silverstein • Aug. 2, 2021 -
As stock begins trading, Dole CEO is 'excited about the future'
The day after the completion of the mega-merger between the iconic U.S. company and Ireland-based Total Produce, the newly minted largest fruit and vegetable company in the world went public.
By Megan Poinski • July 30, 2021 -
Danone will overhaul and replace most of its board
All members except Chairman Gilles Schnepp and the two representing employees of the French dairy company will step down when their terms expire, giving incoming CEO Antoine de Saint-Affrique a clean slate.
By Megan Poinski • July 30, 2021 -
Molson Coors to sunset 11 economy brands
CEO Gavin Hattersley said the legacy alcohol company is moving toward more premiumization — his latest strategy to increase its sales and outlook.
By Megan Poinski • July 30, 2021 -
Column
Leftovers: Lay's borrows flavors from Doritos and Funyuns; Skittles takes the rainbow to space
The new line of Frito-Lay's signature potato chip is either genius marketing or a recipe for consumer confusion, and Uncrustables adds pizza to its repertoire of convenient snacks.
By Food Dive staff • July 30, 2021 -
Why MycoTechnology and Planterra are joining forces in plant-based
With a similar attitude toward innovation, the fermented ingredients maker and JBS USA's alternative protein subsidiary say this partnership adds to R&D and new product possibilities.
By Megan Poinski • July 29, 2021