Food Dive
+ 1 source
Grocery volumes contract for fifth consecutive month, report finds
Shopper pullback has outpaced pricing growth and inflation, according to an analysis from Bain & Company and NielsenIQ.
Food Dive
Campbell’s Chunky Soup expands into frozen meals
The offerings, which contain up to 28 grams of protein and feature some of the soup’s most popular flavors, bring the brand into a new part of the store.
Food Dive
Building a more resilient food and beverage supply chain with automation
Automation is transforming food and beverage distribution for speed, accuracy and growth.
Food Dive
Nestlé to sell half of waters business in $3.4B deal
The transaction creates a newly independent company called Peranel, which will house brands such as S.Pellegrino and Source Perrier.
Food Dive
Leftovers: Philadelphia rings in lactose-free cream cheese | Cheez-It launches first beer collab with Coors Light
The Kraft Heinz brand is positioning the innovation as a cheaper alternative to other options on the market, while Pringles collaborates with Buffalo Wild Wings on sauce-inspired chips.
Food Dive
McCormick outlines operating structure ahead of Unilever combination
The spice giant disclosed its new executive team after its $44 billion acquisition made some investors "squeamish," according to one analyst.
Food Dive
Vita Coco buys premium coconut water maker Copra in deal worth up to $275M
The transaction expands the fast-growing company into super-premium offerings.
Food Dive
Threat group claims credit for ransomware attack on Coca-Cola’s dairy unit
The attackers previously exploited vulnerabilities or used stolen credentials for initial access.
Food Dive
Jeni’s exec says ‘intentional indulgence’ is sweetening ice cream sales
Despite the gourmet ice cream brand’s high price tag, household penetration has accelerated as more consumers look to treat themselves with premium products.
Food Dive
+ 1 source
JM Smucker snags Hershey exec as SVP of operations, supply chain
Douglas Guilherme will step into the role on July 29 with over 30 years of experience, including stints at the chocolate maker and Procter & Gamble.
Food Dive
IFF sells natural ingredients business
Nutraceutical firm SuanNutra is acquiring the fragrance and flavor giant’s range of natural colors and functional ingredients.
Food Dive
Mars Snacking to close US headquarters in New Jersey
The Pringles maker plans to shutter the Newark location by the end of 2027 as it shifts more of its operations to Chicago.