The great SKU rationalization last Spring caused by pandemic-related supply chain constraints and consumer stockpiling not only forced CPG companies to pause production temporarily of some products, but it prompted many to reevaluate their product mix...
Hydroponic lettuce grower Little Leaf Farms has raised $90m in a recent funding round led by Equilibrium Capital to fully fund its East Coast expansion and build out new greenhouse sites in the region.
As the second largest employer in the US (with 800,000 employees working in the US), Amazon is offering up to $80 to its front-line workforce who receive both doses of the COVID-19 vaccine.
Updated: CRN urges public health establishments to issue guidance on vitamin D supplement benefits
US Representative Glenn Grothman (R-WI) has introduced a House Resolution to recognize the significant role vitamin D may play in the fight against COVID-19.
Kellogg Co missed analysts' sales forecast for its fourth quarter of 2020, during which it faced pandemic-related headwinds, including unexpected supply constraints of multiple marque brands and the continued slowdown of at-home purchases as some...
Kraft Heinz has ended 2020 on a high note reporting a 6.2% increase in organic net sales and a 27% lift in household penetration in Q4, driven by significant gains in Ketchup, Lunchables, and Ore-Ida.
Coca-Cola has been streamlining its portfolio: cutting down from 400 to 200 master brands. This doesn’t mean the company has abandoned NPD, says CEO James Quincey – rather, he sees the strategy as clearing the way for the ‘next generation of innovation’.
Investors appear skeptical of Unilever’s ambitious five-prong plan to drive sales growth of 3-5% in the coming years after it saw only a 1.9% increase in sales in 2020 and a 5.8% decline in underlying profits in a year when many CPG companies saw significantly...
In an effort to safeguard frontline food industry workers, Kroger is providing a one-time $100 payment to all store associates who receive the manufacturer-recommended doses of the COVID-19 vaccine.
Even though the coronavirus vaccine is slowly, albeit a bit unsteadily, rolling out, a recently published survey of dietitians predicts Americans in 2021 will continue to seek protection from COVID-19 and its rapidly spreading variants from food and beverages...
Stressed by COVID-19 and its financial and emotional ripple effects, consumers have turned to functional food as a stress-reducing and health-boosting tool to get through the pandemic, recent consumer insights from market research firm Brightfield Group...
Kroger’s decision this week to shutter two Southern California grocery stores in response to a local ordinance mandating a temporary hazard pay increase for some grocery employees during the pandemic could portend similar action by other retailers in...
Addressing its natural gas use and fleet emissions, Talking Rain (maker of Sparkling ICE) is funding over 28,000 metric tons of carbon reduction offsets through taking on ownership of three land projects in need of environmental clean up. But what significance...
Even through 2020 brought large CPG food and beverage companies record sales growth – often in the high double digits – over 2019 as consumers flocked to well-established, trusted brands, IRI research found smaller and extra-small consumer brands and...
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