With last week’s launch of the community building and mentoring organization Project Potluck, three food and beverage industry executives hope to improve access and diversity in the CPG industry by tackling fundraising limitations, networking gaps and...
Want to present your child-focused food or beverage launch, brand, or business in front of our expert panel at FoodNavigator-USA's virtual FOOD FOR KIDS summit in the fall? The deadline to enter our annual trailblazers challenge is Monday, September...
US per capita peanut consumption has risen to an all-time high of 7.6 pounds in 2020, up 3.2% on 2019 driven in part by increased demand for peanut butter and at-home snacking as food consumption has shifted towards the home during the coronavirus pandemic.
While uncertainty around the reopening of America in 2021 complicates predicting at-home versus away-from-home consumption for the full year, General Mills expects retail sales of its CPGs to remain higher than pre-pandemic levels for at least the next...
Venture capitalists’ initial hesitancy to enter new deals immediately following the coronavirus outbreak appears to be easing with the most interest and activity focused on grocery CPGs and food delivery, according to an analyst with Pitchbook.
At six months into the pandemic, we are well-past the frantic pantry stocking days that left many store shelves bare, and yet, the broad product selection available in stores before the coronavirus outbreak has not returned – prompting questions about...
Public health advocates fear Congress will adjourn for fall break without first extending emergency food assistance that is set to expire at the end of the month – potentially leaving millions of families whose children rely on free or reduced school...
As the number of Americans dependent on what was once known as food stamps swells to 13% of the population due in large part to an unemployment spike related to the pandemic, they have become an increasingly important demographic for CPG retailers, according...
Higher income shoppers are frequenting discount retailer Dollar General more often than they did before the coronavirus pandemic, but it isn’t because they are avoiding crowds at higher end retailers or desperately searching for items out of stock at...
While hiring an experienced executive can help scaling companies avoid common pitfalls, a master career coach with Shields Meneley Partners warns that they aren’t a panacea, and founders should be prepared for ongoing and significant challenges – especially...
As part of a highly-anticipated plan to re-engineer its portfolio and pay down debt, Kraft Heinz has unveiled plans to sell a mix of cheese brands to Lactalis in a $3.2bn deal, and find $2bn of cost savings through 2024 from efficiencies in procurement,...
Last Friday marked six months since the coronavirus pandemic was declared, which for many Americans means six months of either risking exposure to go to work as essential employees or six months of working remotely from a repurposed kitchen table or other...
Nestlé is ready to be “much more acquisitive” now after 18 months of aggressively selling underperforming businesses and brands that did not tidily fit into the company’s new image of itself as a primarily nutrition, health and wellness business, according...
While economic stimulus spending has helped drive up Walmart’s market share in general merchandising in recent months, it may have taken an unexpected toll on the retailer’s grocery business when paired with other pandemic-related operational changes,...
As record high sales from the early days of the coronavirus pandemic level out at rates significantly lower than March and April but still higher than last year, CPG companies are trying to reassure investors that they can hold on to new customers and...
