Corporate Operations: Page 2
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Permission granted by Hydrox
Hydrox planning antitrust lawsuit against Oreo parent Mondelēz
The cookie’s owner, Leaf Brands, accuses the snacking giant of intimidating retailers and instructing workers who restock shelves to hide, misplace or move Hydrox to less desirable locations.
By Christopher Doering • April 22, 2024 -
Permission granted by Canopy Growth
Constellation Brands distances itself from cannabis company Canopy Growth
The Modelo brewer is converting its shares and withdrawing from the cannabis producer’s board, its latest move to distance itself from its failed $4 billion investment.
By Chris Casey • April 22, 2024 -
Trendline
Mergers and acquisitions
While the days of transformational megadeals in the food and beverage sector have subsided, the value of M&A hasn’t lost its importance for many executives.
By Food Dive staff -
Permission granted by Primal Kitchen
ColumnLeftovers: Kraft Heinz makes fast food sauces better-for-you | Go Go Squeez recharges with electrolyte snacks
Primal Kitchen’s condiments aim to complement chicken nuggets and burgers, and Blue Bunny swirls into unique ice cream creations with Twist pints.
By Food Dive staff • April 19, 2024 -
AlexRaths via Getty Images
Glanbia buys Flavor Producers for $300M
The Irish ingredients company said the acquisition will enhance its organic and natural flavor capabilities in the U.S.
By Chris Casey • April 18, 2024 -
Courtesy of Nestle
ColumnThe Weekly Sip: Nestlé unveils recyclable Nesquik sleeves | Jim Beam goes from barrel to can with RTD cocktails
The CPG giant’s new packaging is compatible with the U.S. recycling stream, and Fable aims to enchant THC-infused beverage drinkers with its botanical hemp delta-9 offerings.
By Chris Casey • April 18, 2024 -
Scott Olson via Getty Images
General Mills plans to cut dairy emissions 40% by end of decade
The cereal giant is more than halfway to its goal of enrolling 1 million acres in its regenerative agriculture plan, according to the latest corporate sustainability report.
By Chris Casey • April 18, 2024 -
Courtesy of PepsiCo
Pepsi debuts limited-edition peach and lime flavors for summer
The sodas, which are targeted toward consumers grilling outdoors, further the beverage giant’s strategy to pair its drinks with certain foods and occasions.
By Christopher Doering • April 18, 2024 -
Permission granted by Manischewitz
Q&AMeet the agency behind some of CPG’s splashiest brand refreshes
From M&M’s to Manischewitz, JKR has had a hand in high-profile overhauls that try to balance reverence for legacy with modernity.
By Peter Adams • April 17, 2024 -
Courtesy of Mingle Mocktails
Mingle Mocktails aims to spark a zero-proof cocktail craze
The nonalcoholic brand says its products, which do not directly mimic the taste of alcohol, can satisfy consumers looking for an alternative option in social situations.
By Chris Casey • April 17, 2024 -
Retrieved from Schwan's.
Red Baron pizza owner looks to Korean food for its next $1B offering
Sales from its Bibigo brand, which offers everything from fried rice to frozen dumplings, have jumped more than 1,100% since 2019 amid growing demand for the East Asian cuisine.
By Christopher Doering • April 17, 2024 -
Courtesy of The J.M. Smucker Company
JM Smucker’s CMO on what she’s learned about refreshing ‘dusty’ brands
After handling the CPG giant's business at Publicis, Gail Hollander now leads the marketer's in-house efforts to modernize brands for new audiences.
By Chris Kelly • April 16, 2024 -
Courtesy of General Mills
General Mills powers up portfolio with Wheaties Protein
The new “Breakfast of Champions” cereal targets consumers seeking additional value from their foods with more than 20 grams of protein per serving.
By Chris Casey • April 16, 2024 -
Courtesy of Unilever
Unilever launches Knorr meal cups to attract working consumers
The brand, recognized for its sauces and broths, is launching seven rice and pasta options for people looking for healthier choices at the office.
By Christopher Doering • April 15, 2024 -
Sarah Silbiger via Getty Images
Food companies aren’t ready to comply with traceability rule, says former FDA official
Frank Yiannas, who helped the agency craft its new food safety tracking policy, said the system is not even a third of the way to meeting the 2026 deadline.
By Chris Casey • April 15, 2024 -
Courtesy of Campbell Soup Company
ColumnLeftovers: Kettle pops into Korean pepper flavored chips | Cinnamon Toast Crunch brings waffles to cereal
The Campbell Soup-owned brand is spicing up its lineup with the help of gochujang, and the founders of ParmCrisps and Veggie Straws aim to level up the pretzel category with their latest snack.
By Food Dive staff • April 12, 2024 -
Mario Tama/Getty Images via Getty Images
Constellation outperforms Wall Street estimates amid beer boost
While the alcohol giant’s margins in the category are improving, it also saw an 8% decline in its wine and spirits portfolio last quarter.
By Chris Casey • April 12, 2024 -
Courtesy of Cargill
Kerry cuts sodium with Tastesense Salt
The breakthrough allows formulators to use 60% less sodium in snacking products like chips, according to the company.
By Chris Casey • April 11, 2024 -
Courtesy of Quaker Chewy Granola
PepsiCo’s Quaker Oats plant in Illinois to close, laying off 510 employees
The food giant said the facility, recently impacted by a recall, would have required “an extended closure for enhancements and modernization.”
By Christopher Doering • April 11, 2024 -
Permission granted by Conagra Brands
Conagra Brands to close Wisconsin Birds Eye plant and lay off 252 people
The packaged food giant said it regularly evaluates its production network to ensure it is “operating as effectively and efficiently as possible” in order to remain competitive.
By Christopher Doering • April 10, 2024 -
Joe Raedle via Getty Images
Kraft Heinz’s Lunchables have high amounts of sodium and lead, Consumer Reports finds
The watchdog group said the popular meal kit marketed toward kids should not be allowed on school menus and urged the USDA to remove it as an option.
By Christopher Doering • April 10, 2024 -
Drew Angerer / Staff via Getty Images
Consumers trading down to less expensive meat: survey
Data from retail data science, insights and media company 84.51° found 43% of consumers are cooking dishes with less meat because of high grocery costs.
By Chris Casey • April 9, 2024 -
Courtesy of Hain Celestial
Hain Celestial sells Thinsters cookie brand to Dippin’ Dots owner
The divestiture to J&J Snack Foods for an undisclosed amount allows the organic and natural products giant to streamline its portfolio and reduce debt.
By Christopher Doering • April 9, 2024 -
Courtesy of Godiva
Godiva names former Nike executive as president to boost sales
The appointment of Steve Lesnard comes as owner Pladis looks to significantly expand the premium chocolate brand's reach in the U.S. and globally by 2026.
By Christopher Doering • April 8, 2024 -
Permission granted by Nestle
Q&AHow Nestlé generated $200M in additional revenue by looking within
The food giant launched a program in 2019 to better utilize ideas from its employees. Thousands of ideas have been received, leading to new products such as Stouffer’s Mac & Cheese Bite-Fulls.
By Christopher Doering • April 8, 2024 -
Courtesy of Kellanova
Kellanova bites into sweet snacks with Pop-Tarts Crunchy Poppers
The launch comes as the company aims to capitalize on its household name brands to grow its presence in the snacking category.
By Chris Casey • April 5, 2024
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