News & Analysis on Food & Beverage Development & Technology
Despite beating first-quarter profit and sales forecasts, JM Smucker cut its full-year earnings outlook in the face of what CEO and president Mark Smucker described as “significant supply chain volatility, disruption and cost inflation” beyond that which...
JM Smucker will lose an undisclosed number of North American employees as it continues to reshape its portfolio and corporate organization to better align with evolving consumer demands and ongoing SKU rationalization by retailers, executives confirmed...
As the current wave of coronavirus cases crests the peak of the first, consumers once again are stockpiling essentials, although many manufacturers do not anticipate as great a sales lift as they saw in March and April at the beginning of the pandemic.