News & Analysis on Food & Beverage Development & Technology
Peanut butter and jelly maker JM Smucker remains confident in the long-term potential of recently acquired Hostess Brands despite slightly lower than expected net sales from the sweet snack brand during the company’s first quarter as consumers continue...
A trio of acquisitions and divestments in the packaged food industry at the turn of the new year suggest companies are taking a proactive and aggressive approach to rebuilding their businesses by reshaping their portfolios after industry stocks overall...
Higher prices are not stopping consumers from buying JM Smucker’s iconic coffee, spreads and snack brands, unlike with many competitors that have struggled with sliding volumes in direct proportion to inflation-related price increases.