Growth Strategy
Hershey outlines plan to reignite confections category and expand in snacking
Hershey will explore acquisitions, focus on Amazon in e-commerce and launch snack SKUs of its core brands, says its new CEO.
Archives for March 6, 2017
Sustainability rating company HowGood raises $4.2m series A financing
HowGood wants to streamline the plethora of labels and certifications that clutter the packages of food and beverage products throughout the grocery store. The best part is, no package redesign or additional certification is necessary for the brands and...
Subway hits back at fake chicken allegation
Subway has strongly denied media claims that its chicken is roughly half soy, calling the analysis “baseless” and “factually incorrect”.
Lidl US to open first stores this summer: What we know so far
The German grocery chain’s first US stores will open this summer instead of at the end of the year as originally announced.
‘Deadly’ bird flu outbreak on US chicken farm
A lethal form of highly pathogenic avian influenza (AI) has been confirmed in a commercial poultry operation in Tennessee, which supplies US meat giant Tyson Foods.
Nestlé & Coca-Cola end RTD tea joint venture
Nestlé and The Coca-Cola Company have agreed to dissolve their Beverage Partners Worldwide joint venture, a 50/50 RTD tea partnership which includes the Nestea brand.
AAK USA opens innovation center, taps into ‘explosive’ growth in plant-based dairy
While the overall food market may be exhibiting sluggish growth, oils & fats specialist AAK USA has identified significant growth opportunities in specialty market segments from plant-based ‘dairy’ to high-end bakery products, said president Terry Thomas...
Chobani appoints Nestlé Waters North America CEO Tim Brown as president and COO
Greek yogurt maker Chobani has hired Nestlé Waters North America CEO Tim Brown as its new president and chief operating officer, reporting to founder and CEO Hamdi Ulukaya.