Maker of Spam Grows With Deals, Ideas
Oct04

Maker of Spam Grows With Deals, Ideas

Austin, Minn. — Consumers are becoming more leery of processed foods, yet Spam is still plugging along. Hormel Foods Corp. is even introducing a dried, bite-size snack version of the 78-year-old paragon of processing. At the same time, Hormel is crossing a new meat frontier — organic and natural — with its recent $775 million purchase of Applegate Farms. While Spam Snacks is a small bet and Applegate Farms a big one, they represent...

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Organics Do Well in Produce, but Struggle in Meat, Bread Aisles

Washington — Organic foods are seizing shelf space in the fresh-foods sections of grocers but struggling to break into the bread and meat aisles. Organic-product sales farmers made to businesses including Dean Foods and Wal-Mart Stores totaled $5.5 billion in 2014, according to a U.S. Department of Agriculture survey of organic growers. The total is 72 percent higher than the last time a similar survey was conducted in 2008. Sales so...

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Activist Takes A Big Bite of Oreo Maker
Aug09

Activist Takes A Big Bite of Oreo Maker

New York — The maker of Oreo cookies may again be the target for a shake-up as “Big Food” companies scramble to transform amid changing tastes. Activist investor Bill Ackman’s Pershing Square said last week it took a 7.5 percent stake in snack maker Mondelez International Inc. that was worth about $5.5 billion. The disclosure comes as Mondelez, which also makes Ritz crackers, Cadbury chocolates and Trident gum, had already been...

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Company News: August 2015

Vital Communities has launched a new marketing campaign designed to make it easier to find, buy and prepare foods from Upper Valley farms. Valley Farm Fresh includes an improved, mobile-friendly Valley Food & Farm Guide, a calendar of farm-related events, and recipes and cooking tips geared toward the region’s foods. The information is available at ValleyFarmFresh.org. “Our recent in-depth market assessment revealed that farms...

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Fresh-Foods Era Has Campbell Soup Cooking Up New Products

To understand the ideas driving the overhaul of Campbell Soup Co., it helps to consider how the packaged food giant describes the products it makes. Instead of “formulas and processing,” company leaders now talk about “recipes and cooking.” It is a subtle verbal cue that reflects what the company behind Campbell’s soup, Pepperidge Farm cookies and SpaghettiOs said is an “extreme makeover” to prevent it from becoming irrelevant in a...

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