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Calling All Food Creators: Partner with Mealco to Launch Your Virtual Restaurant Brand
Mealco, a food-tech start-up focused on creating value for food brands, restaurant operators and customers, announced today a new initiative to identify food creators – both established brands and emerging chefs – to join its exclusive "Brand Innovators'' program. Mealco will be selecting the best-of-the-best to expand its network of culinary innovators and help them penetrate new markets and enhance their brands. New creators will join an existing slate of esteemed brand innovators that include Hillary Sterling's Cayenne, Ken Gordon's Mochidoki...
Perdue AgriBusiness Associates Achieve Safety Milestone
Associates at Perdue AgriBusiness, an operating division of Perdue Farms, achieved a safety milestone by completing their fiscal year (April 2021-March 2022) without experiencing an Occupational Safety and Health Administration recordable lost-time case and achieved 1.7 million consecutive lost-time free work hours in doing so.
“It’s our associates’ daily focus on workplace safety that makes this kind of milestone possible,” said Scott Fredericksen, president of Perdue AgriBusiness. “It also reflects a company commitment to involve our associates in creating a safe and productive work environment. Many of..."
Hormel Foods Named One of the Top Corporate Citizens in the United States
Hormel Foods Corporation, a global branded food company, today announced it has been named one of the 100 Best Corporate Citizens by 3BL Media. The 2022 ranking recognizes outstanding environmental, social and governance (ESG) transparency and performance among the 1,000 largest U.S. public companies. Hormel Foods has been included on the 100 Best Corporate Citizens list 13 times.
"Hormel Foods is committed to responsibly shaping the future of food with a reputation as a company that cares about our people, consumers, communities and planet," said Jim Snee...
UNLIMEAT Plant-based Jerky Begins Crowdfunding on Kickstarter
UNLIMEAT, the leading plant-based meat company from Korea, has begun crowdfunding through Kickstarter to bring its plant-based jerky products to the US market.
It is the first Korean-made Asian flavor inspired jerky to be introduced to the US market.
UNLIMEAT, a plant-based meat brand from Korea, will officially launch its plant-based jerky in the US market on May 10th via Kickstarter, a global crowdfunding platform.
UNLIMEAT is the market leader in Korea's alternative meat market, with its first product, plant-based Korean BBQ made from upcycled food...
Smithfield Foods' Tar Heel Senior Operations Manager Receives 2022 STEP Ahead Award
Smithfield Foods, Inc. is pleased to announce Tammy Russ, senior operations manager of the company's Tar Heel facility in North Carolina, has been named a 2022 STEP Ahead honoree by The Manufacturing Institute.
The institute is the workforce development and education partner of the National Association of Manufacturers and seeks to build and inspire the next generation of female leaders in manufacturing – from the factory floor to the C-suite – through its STEP (Science, Technology, Engineering and Production) Ahead Awards. The program annually recognizes the outstanding accomplishments of...
Kraft Heinz Reports First Quarter 2022 Results
The Kraft Heinz Company today reported financial results for the first quarter of 2022 that reflected strong price realization, resilient retail demand, and foodservice growth.
"Our first quarter was a strong start to the year and yet another period where our team rose to mitigate new and different macro environment challenges," said Kraft Heinz CEO Miguel Patricio. "We continue to build critical capabilities, greater corporate agility, and additional financial flexibility to address short-term turmoil while building our long-term advantage. We still have work to do, more opportunity ahead, and we remain..."
U.S. Environmental Protection Agency Ranks Hormel Foods In Top 100 For Green Power Use
Company ranks No. 57 on U.S. EPA’s Fortune 500® list of green power users
Hormel Foods Corporation, a global branded food company well known for its corporate citizenship, is pleased to announce that, for the first time, it appears as No. 57 on the U.S. Environmental Protection Agency’s (EPA’s) Fortune 500® list of the largest green power users from the Green Power Partnership (GPP). Hormel Foods recently joined the EPA’s Green Power Partnership and is offsetting more than 53 million kilowatt-hours (kWh) of...
Hormel Foods Pizza Expert Talks Toppings Trends
Hormel Foods Corporation, a global branded food company and the maker of the best-selling retail pepperoni in the United States, is talking about pizza trends on the heels of its annual showing at the International Pizza Expo in Las Vegas. Brand Manager Anthony Panichelli, who for years has focused on the company's industry-leading pizza-toppings portfolio, offered five trends to watch in the coming months.
Plant-based pizza toppingsThe plant-based market is continuing to boom as curious consumers experiment with meat alternatives to add more plant-based protein...
Smithfield Foods Promotes Andrea Tucker to Plant Manager of its Tar Heel, NC Facility
Smithfield Foods, Inc. has promoted Andrea Tucker to plant manager of the company's Tar Heel facility in North Carolina, effective April 4. The company's largest facility, Smithfield's Tar Heel plant is also the largest pork processing operation in the world.
Tucker, who has more than 20 years of experience with the company, will oversee the complex's planning, organization, cost and continual improvements, focusing on employer of choice cultural enhancements and ensuring the location's continued leadership in product quality.
"Andrea is a true servant leader who has..."
Hormel Foods Named One of America's Most Trustworthy Companies by Newsweek
Hormel Foods Corporation, a global branded food company, today announced it has been named One of America's Most Trustworthy Companies by Newsweek.
"For 130 years, Hormel Foods has been a trusted leader in the food industry, and we are honored to be recognized as one of the most trustworthy companies in America," said Jim Snee, chairman of the board, president and chief executive officer of Hormel Foods. "Trust in our company has been built by doing what we say we are going to do..."
Cargill Advances Nature-Positive, Farmer-Centric Agriculture Approach
Spring's arrival in the northern hemisphere spotlights farming and agriculture's ongoing dedication to growing food to feed an expanding population. This growth will require the world's farms to produce approximately 70 percent more food over the next 30 years. To do so sustainably, Cargill is focused on advancing nature-positive agriculture production and farmer-centric approaches to sustainably nourish the world.
Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8903251-cargill-nature-positive-farmer-centric-agriculture/
"If we're going to succeed in sustainably transforming our food and agriculture system, we have to help farmers take a nature-positive..."
Kroger Issues Statement Regarding Carl Icahn's Intent to Nominate Two Director Candidates
The Kroger Co. today announced that Carl Icahn has submitted an intent to nominate two director candidates – Alexis C. Fox and Margarita Paláu-Hernández – to stand for election to the Kroger Board of Directors at the Company's 2022 Annual Meeting of Shareholders. The date for the Annual Meeting has not been announced. Kroger shareholders are not required to take any action at this time.
The Company issued the following statement:
The Kroger Board and management team maintain regular communications with shareholders and other stakeholders on a range of...
Campbell Named One of America’s Most Trusted Companies by Newsweek
Campbell Soup Company today announced it was named to Newsweek’s inaugural list of America’s Most Trusted Companies, ranking No. 1 in the Food & Beverage industry.
“For generations, Campbell has earned trust by making food people love and by acting with character, integrity and transparency in everything we do,” said Mark Clouse, Campbell’s President and Chief Executive Officer. “This recognition is a testament to the care that our more than 14,000 employees demonstrate to each other, our customers, consumers and communities.”
America's Most Trusted Companies were identified by an independent...
Campbell Appoints Kate Barrett to Lead Community Affairs
Campbell Soup Company today announced the appointment of Kate Barrett as Director, Community Affairs, effective May 6, 2022. Barrett will succeed Kim Fortunato who last year informed the company of her intent to retire. Fortunato will remain with Campbell until May 6, 2022 to ensure a smooth transition.
Barrett, who joined Campbell in 2017, will be responsible for setting the strategy and direction of Campbell’s community affairs work including employee volunteerism, philanthropy, sponsorships and the company’s Full Futures program, which focuses on advancing the school nutrition environment. Barrett will also serve as...
Kroger Reports Fourth Quarter and Full-Year 2021 Results
Fourth Quarter Highlights
- Identical Sales without fuel increased 4.0%; two-year stack increased 14.6%- Digital Sales two-year stack grew 105%- EPS of $0.75; Adjusted EPS of $0.91- Operating Profit of $965 million; Adjusted FIFO Operating Profit of $1,014 million
Fiscal 2021 Highlights
- Identical Sales without fuel increased 0.2%; two-year stack increased 14.3%- Digital Sales two-year stack grew 113%- EPS of $2.17; Adjusted EPS of $3.68- Operating Profit of $3.5 billion; Adjusted FIFO Operating Profit of $4.3 billion- Cost savings...
Campbell Reports Second-Quarter Fiscal 2022 Results
- Earnings Per Share (EPS) from Continuing Operations were $0.70. Adjusted EPS decreased $0.13, or 16%, to $0.69 due to industry-wide inflation and supply constraints.- Net Sales decreased 3%; Organic Net Sales decreased 2%. Compared to the second quarter of fiscal 2020, net sales increased 2% and organic net sales increased 3%. Demand remained strong with consumption up 1% compared to prior year and up 9% on a two-year basis.- Year-over-year second half financial performance expected to improve as recent pricing actions will be fully reflected in...
Enjoy Easy Comfort Meals in 30 Minutes with HORMEL® SQUARE TABLE™ Entrees
The makers of HORMEL® refrigerated entrees, a family favorite and convenient solution for any mealtime, announced a packaging redesign to highlight consumer relevant product benefits and improved food forward appetite appeal, under the HORMEL® SQUARE TABLE™ entrees brand. Entrees and sides are among the fastest growing refrigerated food categories, as consumers look to make home cooking more convenient. The versatility of delicious HORMEL® SQUARE TABLE™ entrees offer consumers the ability to spend more time with their families while eating their
Jimmy Dean® Brand Wants to Save Breakfast When America "Springs Forward"
When clocks spring forward an hour for daylight saving time, most of America loses an hour of sleep, leading to what many call "the worst Monday of the year." Jimmy Dean® brand wants to make it a little better by reminding people to still make some time for breakfast and whatever activity helps start their day off on the right foot. Register for the "Save My Breakfast" calendar invite to hold the time—and enter for a chance to win one of the 500 prizes of free...
Tyson Ventures Launches First Open Innovation Call for Sustainability Solutions
Tyson Ventures, the venture capital arm of Tyson Foods, announced today its first ever pitch event for sustainability entrepreneurs and startups. Tyson “Demo Day” will be held virtually on July 11, 2022, and selected participants will be invited to demonstrate how their solutions could help create a more sustainable food system. The goal of the day is to identify and ultimately invest in breakthrough, sustainable technologies that can help Tyson Foods reach its sustainability goals.
At Tyson Demo Day, the selected companies will virtually pitch their solutions to a group...
Planet Based Foods Unveils New Plant-Based Comfort Foods at Natural Products Expo West
Planet Based Foods, the first and only company to produce nutritious plant-based meat with sustainable hemp as its number-one ingredient, will debut its first comfort food products — original and southwest taquitos — at Natural Products EXPO West, March 9 - 11, 2022. Planet Based Foods' taquitos are now available to foodservice and retail buyers looking to add delicious, soy-free and GMO-free plant-based options to their lineups, with direct-to-consumer distribution slated for May 2022.
Planet Based Foods' newest products represent an expansion...
Four New Leaders Join Cargill's Executive Team
Four new leaders are joining Cargill's executive team. They were selected for their expertise aligned to evolving customer and employee needs and their potential to drive the company's innovation and sustainability strategies around the world.
"The food system is constantly and quickly changing. To continue delivering innovative ideas and solutions for our customers, we must change as well. These leaders are guided by values and purpose, committed to our customers and passionate about feeding a growing population in a safe, responsible and sustainable way," said Dave MacLennan, Cargill chairman and CEO...
Kraft Heinz to Elevate CEO Miguel Patricio to Become Chair of the Board
The Kraft Heinz Company announced today, that the Board of Directors intends to appoint Chief Executive Officer Miguel Patricio as Chair, subject to his re-election at the Kraft Heinz 2022 Annual Meeting of Stockholders. After years of distinguished service, Chair of the Board of Directors Alexandre Behring will retire following the end of his term at the 2022 Annual Meeting.
“We are very pleased with the progress experienced by the Company in advancing its strategic plan during the past few years under Miguel’s leadership and see..."
Kraft Heinz Reports Fourth Quarter and Full Year 2021 Results
The Kraft Heinz Company today reported financial results for the fourth quarter and full year 2021.
“Our strategic transformation has powered another year of outstanding performance,” said Kraft Heinz CEO Miguel Patricio. “Our achievements are proof that our scale and agility have led to better results and greater relevance with customers and consumers. We are generating efficiencies to fuel incremental investments in our business, which, along with successful pricing, are mitigating inflationary pressures. I'm proud of our incredible team and have great confidence that we will build on our momentum..."
Forbes Names Sanderson Farms Among America's Best Large Employers
Sanderson Farms, Inc. has been named one of America's Best Large Employers for 2022 by Forbes magazine. The 2022 list ranks the top 1,000 employers in the U.S. across 25 different industry sectors in two categories, large employers and mid-size employers.
"This honor would not be possible without the overwhelming support of our employees," said Joe F. Sanderson Jr., chairman of the board and chief executive officer of Sanderson Farms. "For over 75 years, generations of employees and growers have supported this company and built it to the..."
2022 Marks 2 Decades of "The American Masters of Taste" Honoring Eggland's Best with Gold Medal Seal
For the past 20 years, Chefs In America has awarded Eggland's Best with "The American Masters of Taste" Gold Medal Seal for the superior taste, quality and freshness of its eggs. This prestigious award spans the Eggland's Best portfolio, honoring the brand's Classic Eggs, Organic Eggs, Cage Free Eggs, and Hard-Cooked Eggs. Each product was triple-blind judged and awarded superior tasting compared to other brands within its category.
"There is no surprise that Eggland's Best continues to surpass other eggs year..."
Hormel Foods Announces Retirement of Fred Halvin, Vice President of Corporate Development
Hormel Foods Corporation, a Fortune 500 global branded food company, today announced that Fred Halvin, vice president of corporate development, will be retiring after a 37-year career with the company. Nathan Annis, director of investor relations, business planning and analysis, will succeed Halvin as vice president of corporate development.
"Fred has been a key leader for all of our transformational acquisitions over the past decade and has been instrumental in the Hormel Foods journey to become the global branded food company that we are..."
Sanderson Farms Director Earns National Poultry Award
Sanderson Farms' director of development and engineering, Bob "Pic" Billingsley, has been named a recipient of the U.S. Poultry & Egg Association's annual Lamplighter Award during the 2022 International Production & Processing Expo. The award pays tribute to individuals demonstrating sustained and exemplary service to the poultry and egg industry.
"We value the commitment and support of this year's Lamplighter Award recipients," said Greg Hinton, outgoing chairman for the U.S. Poultry & Egg Association and vice president of sales for Rose Acre Farms. "They have enthusiastically dedicated themselves to contributing to the poultry industry, and..."
Hormel Foods Highlights Record Net Sales at its Annual Meeting of Stockholders
Hormel Foods, a Fortune 500 global branded food company, hosted its Annual Meeting of Stockholders on January 25, 2022. Jim Snee, chairman of the board, president and chief executive officer led the meeting, discussing the company’s performance, strategic priorities, and corporate responsibility initiatives.
“In 2021, we faced virtually every type of challenge – from the continuing impact of the pandemic to labor shortages and supply chain challenges – and I am pleased to report that your company never lost its focus on delivering a year marked with numerous records..."
Vital Farms Appoints Kathryn McKeon as Chief Marketing Officer
Vital Farms, a Certified B Corporation that offers a range of ethically produced foods nationwide, today announced the appointment of Kathryn McKeon to Chief Marketing Officer (CMO) effective January 27, 2022. McKeon has over 15 years of experience in brand marketing, with a specific focus on building global and emerging consumer food brands. As CMO, McKeon will oversee the Brand, Content, Community Management, Shopper Marketing, Consumer Insights, Communications and Creative Design marketing functions.
McKeon joined Vital Farms in 2016 as one of the first marketing leaders. In her more than five...
Kraft Heinz Announces Leadership Team Transitions
The Kraft Heinz Company announced today the appointment of Andre Maciel as Executive Vice President and Global Chief Financial Officer, effective March 2, 2022. Maciel will succeed Paulo Basilio, who will step down on March 1, 2022, as part of a planned transition and will remain with the Company as a strategic advisor through August 2022. Basilio remains a partner at 3G Capital. Additionally, Yang Xu will move to Senior Vice President, Global Head of Corporate Development. These transitions happen at a moment of strength for the Company, as Kraft Heinz enters the next...
Dafne Hefner Joins Kraft Heinz as North America Zone Chief Strategy and Transformation Officer
The Kraft Heinz Company today announced the appointment of Dafne Hefner to the newly created role of Chief Strategy & Transformation Officer - North America Zone, effective Jan. 18, 2022. Hefner is being hired to help accelerate the strategic growth plan in the Company’s U.S. and Canada businesses, including the broader deployment of Agile teams and a North America Zone digital agenda.
Hefner joins Kraft Heinz from Anheuser-Busch InBev SA/NV (“AB InBev”), where she most recently served as Senior Vice President of Strategy & Insights. During her...
Campbell Named One of America’s Most JUST Companies by JUST Capital and CNBC
Campbell Soup Company was named one of America’s Most JUST Companies by JUST Capital and CNBC, its media partner. This marks the fourth year that Campbell has been recognized for its commitment to serving its stakeholders, including employees, customers, consumers, communities, the environment and shareholders. Campbell ranked #77 overall and performed particularly well in the areas of community development and transparent consumer communications—earning top marks on both metrics.
“We are honored to again be recognized as one of America’s Most JUST companies,” said Mark Clouse, Campbell’s...
Egglife Foods Goes Against the Grain with New Campaign and Innovative New Sweet Cinnamon Wrap
Egglife Foods, the innovative company reimagining flour-based foods by harnessing the power of eggs, is once again disrupting the tortilla category. The CPG startup that has made 'kicking flour to the curb' its mission officially announced the launch of a new creative campaign, which aims to drive awareness, familiarity and loyalty for its category disrupting egglife® egg white wraps along with its first-to-market innovation – new sweet cinnamon egglife® egg white wraps – by encouraging consumers to go against the grain...
Campbell Appoints Daniel L. Poland Executive Vice President and Chief Supply Chain Officer
Campbell Soup Company today announced the appointment of Daniel L. Poland as Executive Vice President and Chief Supply Chain Officer, effective Jan. 10, 2022. Poland succeeds Bob Furbee who informed the company of his intent to retire after 38 years of service. Furbee will remain with Campbell until April 2022 and work with Poland to ensure a smooth transition.
Poland will lead Campbell’s end-to-end supply chain function including procurement, food safety and quality, occupational health and safety, engineering, planning and logistics, and all manufacturing sites...
Protein Markets Contend with More Than Just "Seasonal" Issues Heading Into Q4
ANALYSIS: Shell Egg Prices Crack New Record Highs Amid Strong Demand, Depleted Inventories
This Week in Retail: Seasonal Trends Start to Shift
Urner Barry Releases September Soy & Wheat Report
Urner Barry Releases September Pulse Protein Report