Corporate Operations: Page 99
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Courtesy of Yuengling
Deep DiveYuengling survived Prohibition and both World Wars. But can it beat the pandemic?
Despite recent challenges, the sixth-generation leaders of America's oldest brewery are leaning into its reputation as a "traditional" beer company, while pushing ahead on new initiatives including a partnership with Molson Coors.
By Christopher Doering • Oct. 19, 2020 -
Courtesy of Heineken
Heineken partners with Arizona Beverages on new hard seltzer
Arizona Sunrise Hard Seltzer, which is expected to hit shelves in the first quarter of 2021, joins a crowded category where almost every major beer company has a product.
By Christopher Doering • Oct. 16, 2020 -
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 Coca-Cola
Coca-Cola to end production of Tab soda
The iconic beverage introduced in 1963 was the company's first diet cola, but it faded in popularity after the launch of Diet Coke nearly two decades later.
By Christopher Doering • Oct. 16, 2020 -
Permission granted by LiveKindly Company
LiveKindly raises an additional $135M to expand to the US
The plant-based collective will use the funds to help bring its brands stateside in 2021, as well as develop new products, with a particular focus on alternative chicken and eggs.
By Jessi Devenyns • Oct. 15, 2020 -
Lillianna Byington/Food Dive
How Ferrero uses data to streamline its supply chain and reduce food waste
The confectionery giant is working with software company Alloy to improve the efficiency of its operations by cutting down on overstock and out-of-stock items.
By Lillianna Byington • Oct. 14, 2020 -
Pilgrim's Pride agrees to $110.5M fine in chicken price-fixing plea deal
The company will be the first to plead guilty in court to allegations of conspiring to inflate broiler chicken prices, which have engrossed the poultry industry in recent years.
By Lillianna Byington • Oct. 14, 2020 -
Goya invests $80M to expand plant as demand for its products grows
The family-owned maker of Hispanic foods has benefited from increased interest in ethnic offerings and a resurgence in home eating during the pandemic.
By Jessi Devenyns • Oct. 14, 2020 -
Yunjin Kim/Food Dive
Deep DiveIs coronavirus accelerating the growth of plant-based meat?
Sales for the category have exploded as the pandemic disrupts business as usual. Is this because people are turning away from animal-based eating, or is it keeping with the segment's trends?
By Megan Poinski • Oct. 13, 2020 -
Permission granted by Driscoll's
Driscoll's partners with Plenty to grow strawberries indoors
The affiliation with the vertical farming company will allow the berry producer to grow a more reliable crop and expand into regions that have historically been difficult to serve.
By Christopher Doering • Oct. 13, 2020 -
Nestlé joins US dairy industry's goal to hit net zero carbon emissions by 2050
The world's largest food company said it would commit up to $10 million through its multi-year partnership to help scale farm access to sustainable resources and technology.
By Lillianna Byington • Oct. 12, 2020 -
Permission granted by Ferrero
Deep DivePandemic forces Halloween candy makers to get creative to protect $5B in sales
Mars Wrigley, Hershey and Ferrero, which prepare years in advance for the holiday, have quickly altered their strategies on packaging, selling and marketing their sweets.
By Christopher Doering • Oct. 12, 2020 -
Courtesy of Bespoken
Derek Jeter among investors in liquor startup that quickly ages spirits
Bespoken Spirits says its technology could save the industry more than $20 billion a year, help the environment and allow businesses to better respond to changing consumer tastes.
By Christopher Doering • Oct. 9, 2020 -
Permission granted by Snyder's of Hanover
ColumnLeftovers: Snyder's Pretzel Keg brings Oktoberfest home; Hard Rock riffs on hard seltzer
The snack brand and Captain Lawrence Brewing Co. created a combo to keep Germany's fall festivities alive, and Sun-Maid hopes its raisins will attract trick-or-treaters.
By Food Dive staff • Oct. 9, 2020 -
The image by Ketzirah Lesser & Art Drauglis via flikr is licensed under CC BY-SA 2.0
Firmenich uses AI to create flavor mimicking grilled beef
The Swiss company partnered with Microsoft to analyze its flavors database and devise a new meat taste for plant-based alternatives.
By Jessi Devenyns • Oct. 8, 2020 -
Courtesy of PepsiCo
PepsiCo's SodaStream brings flavored Bubly drops to its sparkling water platform
The beverage and snack giant is using the matchup between its two brands to push further into the carbonated water segment, which is outpacing the growth of still water.
By Christopher Doering • Oct. 8, 2020 -
Permission granted by Pabst Labs
PBR cannabis-infused seltzer launches in California
Pabst Labs was granted the rights to create these drinks under the brand's name. Each nonalcoholic beverage contains 5 milligrams of THC, 4 grams of sugar and 25 calories.
By Lillianna Byington • Oct. 8, 2020 -
Permission granted by Oxigen
Functional water brand Oxigen raises $15M
The funds, some of which come from celebrity backers like Brett Eldredge and Kevin Love, will be used to increase marketing and scale up distribution of the pH balanced water.
By Jessi Devenyns • Oct. 8, 2020 -
Permission granted by Kerry
Kerry plans to reach more than 2B people a day with its ingredients by 2030
CEO Edmond Scanlon said his firm plans to meet its growth target by finding new clients, developing additional products through innovation and M&A.
By Megan Poinski • Oct. 8, 2020 -
Permission granted by Harpoon Brewery
A look behind beer's hidden secret to success: carbon dioxide
While ingredients such as barley or hops get most of the attention, the colorless gas helps with everything from enhancing flavor and maintaining the foam to changing the acidity.
By Christopher Doering • Oct. 8, 2020 -
4 Pilgrim's Pride execs and Koch Foods charged with chicken price fixing
The new indictments are the latest in the U.S. Justice Department's investigation into what it calls a conspiracy to suppress and eliminate competition in poultry.
By Lillianna Byington • Updated July 29, 2021 -
Courtesy of Nissin
How Top Ramen innovates a 50-year-old consumer staple
Since Nissin's instant noodles made their debut in the U.S., the company has worked to elevate the category with new ingredients and products, without losing the budget-meal appeal.
By Megan Poinski • Oct. 7, 2020 -
Retrieved from General Mills on January 13, 2017
General Mills to sell European Yoplait business for full ownership of Canadian stake
French dairy cooperative Sodiaal, which has a 49% stake in the brand, will be taking back international operations, while the Minneapolis company will have full control of North American products worth $1.4 billion in sales last year.
By Megan Poinski • Updated March 23, 2021 -
AB InBev's new partnership could cut carbon emissions by 30% per beer can
The world's largest beer company is working with miner Rio Tinto to create packaging using low-carbon aluminum made with renewable hydropower.
By Christopher Doering • Oct. 7, 2020 -
Opinion
Plant-based meats aren't 'impossible,' but current expectations may be
When it comes to thinking about the potential or threat of these offerings, Katie Thomas at Kearney writes companies need to move carefully and not buy into the hype.
By Katie Thomas • Oct. 6, 2020 -
Retrieved from Before the Butcher on October 06, 2020
Before the Butcher launches plant-based burgers costing the same as beef
The company's Mainstream line, designed so any consumer can afford a non-meat burger, is likely to hit stores and menus later this year.
By Megan Poinski • Oct. 6, 2020
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