Food Dive
Utz names new CEO ahead of $2.9B go-private deal
John Lindeman will become CEO, replacing Howard Friedman, who plans to step down after the pretzel and potato chip maker is acquired.
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Food Dive
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Food Dive
Kraft Heinz adds Nordstrom CFO, ex-Kroger finance chief to board
The board appointments come as the food giant aims to use $500 million in proceeds from the divestment of its North American coffee business to pay down debt.
Food Dive
Poppi founders launch hydration brand
Jetty is a line of electrolyte powders and ready-to-drink offerings that looks to stand out by targeting everyday consumers.
Topics: CPG
Entities: CPG
Food Dive
General Mills wants a bigger bite of $32B salty snack space
The cereal giant is intensifying the flavors and adding new packaging options for Chex Mix and its other snacks, aiming to boost its 1% share of the category.
Food Dive
The food safety deadline that doubles as an AI foundation
Dye phase-outs, FSMA 204 and shifting demand are hitting at once. Columbus delivers the AI tools and the organization to use them.
Food Dive
Hershey’s CEO highlights softness in c-store sales
Kirk Tanner said during the company’s Q3 earnings call that the convenience channel is a particularly challenging one for the candy maker right now.
Food Dive
Leftovers: General Mills dunks into Dunkin’ inspired cereal | Knorr takes pasta and rice dishes on the go
The food giant and coffee chain put a new twist on Reese’s Puffs and other cereals, while Vita Coco targets the next generation of coconut water drinkers.
Food Dive
How to deliver clean labels in the age of ultraprocessed foods
A lack of clear definitions creates challenges for food companies in meeting consumer expectations, according to Innova Market Insights and Ingredion.
Food Dive
Sazerac buys Oregon craft brewery to expand national spirits production
The BuzzBallz owner acquired Full Sail Brewing, continuing its recent acquisition binge that led to new brands and manufacturing capacity.
Food Dive
The problem with ‘GLP-1 friendly’ food labels
As more companies design products for consumers on weight loss drugs, experts warn there are risks in treating these shoppers as “a monolith.”
Food Dive
+ 1 source (Food Dive and Grocery Dive)
Grocery e-commerce and in-store sales head in opposite directions
Online food and beverage sales rose more than 15% during the four weeks that ended Oct. 4, while physical store sales were down almost 3%, Circana said.
Topics: Grocery
Entities: Grocery
Food Dive
Celsius creates new business structure to accelerate energy drink growth
The company will form dedicated divisions for Alani Nu, Rockstar Energy and its namesake brand as an activist investor calls for a leadership change.
Topics: CPG
Entities: CPG