News & Analysis on Food & Beverage Development & Technology
Sprouts Farmers Market’s decision before the coronavirus outbreak to pull back on “ineffective and unprofitable promotions” may have helped boost margins, but it took a toll on traffic and sales – a problem that has been exacerbated by the drawn-out...
For now, the Kellogg Co. believes it can still hit its full year profit targets – but executives warn it may be a close call as an ongoing strike at US cereal facilities drags on, compounding already challenging supply-chain and inflationary challenges...
While Kraft Heinz continues to raise prices to offset higher costs, it does not expect consumers to shoulder the full brunt of worsening inflation – rather it is leveraging its scale to mitigate increases while simultaneously elevating product value...