Campbell Soup Co.
The decision by Campbell Soup Co. to back nationwide mandatory labelling of the genetically modified ingredients in food on sale in the US,...
Online shopping, apps, mobile proliferation and delivery services are transforming how consumers shop. In grocery, the changes sparked by e-...
Online shopping, apps, mobile proliferation and delivery services are transforming how consumers shop. In grocery, the changes sparked by e-commerce have been evolutionary rather than revolutionary. Nevertheless, across developed and developing markets, the growth in e-commerce outpaces bricks-and-mortar retail. In the latest instalment of our management briefing on what to watch in 2016, we take a look at the prospects for online grocery. What markets and categories will offer food makers the greatest growth potential in e-commerce over the coming year?
Campbell Soup Co. is undergoing some significant changes in response to a new economic reality and shifting consumer preferences. These changes are both structural and cultural. On the one hand, the group wants to leverage its scale, on the other, it recognises the need to be "agile" and adopt a "challenger mindset".
With General Mills apparently preparing to sell its Green Giant brand, Bonduelle is rumoured to be looking at a bid. The fit between Green Giant and Bonduelle's existing business is a natural one and the move would significantly step up the French group's presence in North America. However, Green Giant has seen lacklustre sales and its market share decline. Would Bonduelle move for a turnaround story? Katy Askew investigates.
Campbell Soup Co. has again moved to inject growth into its business through M&A, snapping up US salsa-to-houmous maker Garden Fresh Gourmet. And the odds are more deals in categories like fresh food and snacks will follow.
Nestle has set out a clear growth trajectory. Across its global operations, the world's largest food group aims to deliver 5-6% organic revenue growth. At the same time, Nestle has targeted improved operating margins and higher underlying earnings. And key to the "Nestle Model" is the fact that the company believes it can achieve this year-in, year-out, for the foreseeable future. Katy Askew spoke to Nestle group chief executive Paul Bulcke to find out how.
The UK organic food market has experienced some ups and downs in recent years but organic baby food producer Organix has remained consistent in its approach to delivering high-quality organic products. Michelle Russell met up with managing director Anna Rosier to find out how the company is driving growth and find out more about the opportunities it see at home and abroad.
Campbell Soup Co. has come out in support of the introduction of nationwide mandatory labelling standards for genetically modified organisms, or GMOs, contained in food products on sale in the US.
This week, in the US, Campbell Soup Co. announced it would back proposed plans for blanket GMO labelling in the country, while General Mills announced its second acquisition in recent weeks, this time of meat snacks firm Epic Provisions. The industry also reacted to the release of the new Dietary Guidelines for Americans. Elsewhere, Ukraine hit back on a product embargo enforced by Russia, Danish Crown said jobs could be lost in the UK and we spoke to Urban Fresh Foods about its sale to Lotus Bakeries.
The emergence of 3G Capital into the food sector has shaken the industry and its latest move in 2015 - to merge Heinz with Kraft Foods Group - got people talking, us mulling the impact on the sector and you clicking. Elsewhere, we predicted the battle to buy buoyant for UK meat-free business Quorn Foods would be fierce, analysed some of the key trends in the UK foodservice and discussed how Danone would fare under its new CEO.
Campbell Soup Co. today (24 November) reported flat organic sales for the first quarter of its financial year, as a decline in US soup sales offset an improvement from its global snacks business.
The US National Advertising Division has referred advertisements for Danisa cookies, which are imported to the US by Takari International, to the Food and Drug Administration and Federal Trade Commission after the distributor failed to comply with an earlier ruling from the watchdog.
The UK debate over sugar intensified this week with Public Health England calling for a series of measures to reduce consumption. In the US, Campbell Soup Co. and The Schwan Food Co. both made pledges to simplify the ingredient panels in some of their products. In China, PepsiCo announced the opening of the first Quaker Oats plant in the country. Here is the week in quotes.
Plum Organics, the US baby food business owned by Campbell Soup Co., has changed the names of a clutch of products after claims the labels were misleading.
Campbell Soup Co. is reformulating its line of Healthy Request soups in Canada to exclude the use of preservatives.
This week, B&G Foods announced it had acquired General Mills' struggling Green Giant business in a US$765m deal. Elsewhere, Arla Foods struck two joint ventures in Senegal and Nigeria as the dairy group looks to further expand its presence in Africa. Meanwhile, Campbell Soup Co. reported its full year results and issued a 2015/16 forecast above Wall Street estimates. Here is the week in quotes.
Campbell Soup Co. today (3 September) predicted earnings for the new financial year above the consensus estimate on Wall Street alongside numbers for its last quarter that met analyst forecasts.
Warren Buffett today (10 August) appeared to pour cold water on the prospect of Kraft Heinz Co. making a move for Mondelez International in the near term.
Nestle this week a change of leadership at its embattled unit India, which has been under the spotlight in recent weeks over the nationwide Maggi recall. Elsewhere, ConAgra Foods was reported to have started talks to sell its own-label unit, with Post Holdings and TreeHouse Foods said to be interested. Our interview pages included chats with the founder of US organic baby food firm - and Danone subsidiary - Happy Family, Chinese bakery business Dongguan Kam Tai Foods and UK gluten-free company Mrs Crimble's.
Unilever was among the companies issuing second-quarter results this week - and, after a period of higher food revenues, said it is making targeted efforts to grow the business. Elsewhere Hain Celestial acquired Europe plant-based food and beverage maker Mona Group. just-food also interviewed Seabrook Crisps CEO Jonathan Bye about the management buy-out at the UK crisp firm and to US start-up Flapjacked's co-founder David Bacon about its ambitions.
The speculation around General Mills' ailing Green Giant brand continued this week with claims Bonduelle is eyeing up the unit. We looked at the likelihood of the French group making an offer. Meanwhile, Danone decided to merge is under-pressure Chinese infant formula arm business with local dairy giant Mengniu and we looked at the key takeaways from Campbell Soup Co.'s investor day in the US.
Campbell Soup Co. today (22 July) lowered its long-term sales target, citing "the current conditions in the food industry".
Australian baked good firm, The Cake Syndicate, has said it is seeking an investor to fund capital expansion and growth into Asia.
General Mills has taken the plunge in China's yoghurt market, this week launching Yoplait in Shanghai. The row over Nestle's Maggi noodles in India continued, with the food giant contesting the nationwide ban in court. And there were a flurry of stories in the US - Campbell Soup Co. and WhiteWave Foods snapped up smaller businesses, while Boulder Brands announced its co-founder and CEO Steve Hughes had resigned.
Campbell Soup Co. has again moved to buy a US fresh foods business, striking a deal to acquire salsa-to-houmous maker Garden Fresh Gourmet for US$231m.
Campbell Soup Co. said it expects full-year earnings to fall in the upper end of its guidance range despite a slump in third-quarter sales and EBIT.
Campbell Soup Co. has revealed more than 470 staff have decided to accept the US group's offer to take voluntary redundancy.
Campbell Soup Co., which has won a marketing dispute over its Kelsen baked snacks business in the US, has said it is looking to "protect" the division in a number of markets around the world.
The advertising for Danisa butter cookies in the US has been changed after complaints from Campbell Soup Co., owner of the Danish snacks business Kelsen.
The make-up of the ingredients in baby food in the US is under some scrutiny, with Campbell Soup Co. and Nestle attracting criticism from consumer watchdogs.
We all know Wal-Mart packs quite a punch. The influence the retailer has was in full force this week at the group's first ever supplier expo, when it called on the world's largest manufacturers to improve their environmental footprints - and took an eye-catching photo.
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