Kellogg is considering a sale of its fruit-snack and cookie units, which include such brands as Keebler, Famous Amos and Stretch Island, as the firm works to focus more on core brands. The company also announced it would be reorganizing its operational structure in January to spur growth and innovation.
Stouffer’s has begun rolling out its new Complete Family Meal Kits, customizable kits available without a subscription, to retailers across the U.S.
PepsiCo is carving out a new space in the $2 billion dairy alternatives market with the launch of Quaker Oat Beverage. The three-variety line will hit grocery shelves in January.
Mondelez International Inc. announced all of its packaging will be recyclable by 2025. Also in the next seven years, Mondelez will provide consumers with recycling information about all its products.
A new partnership between Tyson Foods Inc. and the largest feedlot cooperative in the U.S. is changing the transparency conversation. They have joined forces to offer the beef industry’s first-ever program that gives consumers key assurances about the beef they eat. The program has the potential to reshape the entire industry.
Perdue expects to introduce its Simply Smart Organics line of cooked tenders, strips and nuggets at about half the cost of comparable organic products. The company has an existing line of Simply Smart chicken products, but the new organic-certified items will debut in October.
KP Tissue Inc. and Kruger Products L.P. announced its plan for a capital investment of $575 million to build a new, state-of-the-art tissue plant featuring Canada’s largest and most modern through-air-dry machine.
Washington-based dairy-farmer cooperative Darigold will upgrade its flagship plant for $100 million. In addition, it plans to add new sales offices in Mexico and Asia, targeting the appetites of a growing global middle class. The cooperative’s export volumes ramped up over the last five years, as it sends upward of 40% of its production to customers in 20 foreign markets.
A few weeks after Keurig snapped up Dr. Pepper, Conagra Brands is buying Pinnacle Foods for approximately $10.9 billion, including Pinnacle Foods’ outstanding net debt.
Alina Morse, the 12-year-old founder of Zolli Candy, The After You Eat Treat, announced that she has expanded her 250k Smiles Program to 1 Million Smiles as her line expanded into 4,000 plus Walmart stores.