Food News

Dive Brief: Simply Good Foods announced the appointment of Joe Scalzo as its president and CEO, aiming to enhance profitability. Scalzo, who previously held the top executive role from 2017 to 2023, is taking over immediately, succeeding Geoff Tanner. Scalzo’s…

Key Points: Smithfield Foods is acquiring Nathan’s Famous hot dog brand for $450 million in cash, or $102 per share. The deal is set to close in the first half of 2026. Smithfield’s CEO, Shane Smith, believes the acquisition will…

Exciting News from Coca-Cola: Appointment of Chief Digital Officer Coca-Cola Company has recently announced the appointment of Sedef Salingan Sahin as the Chief Digital Officer, a newly created role within the organization. This strategic move is part of a series…

Exciting News: Tapatio Hot Sauce Acquired by Highlander Partners Private equity firm Highlander Partners has recently announced the acquisition of the iconic Tapatio hot sauce brand. The deal, which was finalized for an undisclosed amount, marks a new chapter for…

Beyond Meat is venturing into a new territory with the introduction of a line of sparkling beverages infused with plant-based protein. The move comes as the company aims to cater to the increasing demand for protein-rich products among consumers. Beyond…

Energy drinks are projected to have another successful year in c-stores, following strong sales last year. Changes in caffeine levels and the introduction of alternative beverages within the channel are expected to impact the market. C-store energy drink dollar sales…

Exciting News: Mission Produce Acquires Calavo Growers Mission Produce has announced its acquisition of rival Calavo Growers, solidifying their positions as two of the largest avocado companies in North America. The deal, valued at $430 million, is set to close…

Leftovers is our take on some of the product ideas making waves in the market. From intriguing concepts to amazing innovations, we bring you a glimpse of the latest trends. Here are a few leftovers from our inbox that caught…

Dos Equis is reintroducing “The Most Interesting Man in the World,” the iconic character and campaign that was retired in 2016, according to information shared with Marketing Dive. The original campaign, which ran for a decade, played a significant role…

Fresh Del Monte Produce is acquiring assets of California-based Del Monte Foods for $285 million, bringing the iconic produce name under a single owner for the first time in nearly four decades. The deal comes as canned food maker Del…