Campbell Soup Co. will not indulge in a race to the bottom to secure additional volume share by leaning on “dysfunctional promotions” in 2024 despite what it anticipates will be a sluggish start to the fiscal year as the company laps “transitory” factors...
Campbell Soup Co has unveiled plans to close its snacks division offices in Charlotte, NC, and Norwalk, CT and consolidate operations at its HQ in Camden, NJ, which will benefit from $50m of investment over the next three years.
Campbell Soup Co. reported a 6% net sales increase to $2bn in Q4 2022 (three months ended July 31, 2022) vs. the prior year, while volumes declined (-4%) for the quarter, revealing consumers may be rethinking some of their name brand purchases in favor...
Campbell Soup Co. executives were braced for a tough third quarter as vaccinated consumers began eating at home less just as the company cycled past the peak pantry stocking phase of the pandemic from a year ago, but even they appeared surprised by how...
In the wake of the recent congressional report into heavy metals in baby food, the FDA says its goal is to reduce exposure to toxic elements in foods through research and collaboration, but has not said if it plans to issue guidance on upper limits for...
As predicted, several baby food brands have been hit with class action lawsuits alleging false advertising and violations of state consumer protection laws, following the publication of a congressional committee report raising alarm bells about heavy...
US retail sales of leading packaged food brands tracked by Bernstein* rose +12.1% year-on-year in measured channels in the four weeks ending August 8, with big brands reaping continued benefits from the shift to eating at home, though sales growth slowed...
While not everyone is convinced that recent surging sales for some legacy food brands mean ‘Big Food’ is staging a comeback, some habits developed during the pandemic could be sustained, and brands such as Campbell Soup are well-placed to exploit them,...
Campbell Soup Company has appointed Mick Beekhuizen as its new chief financial officer and senior vice president leading the company's finance division, including tax, treasury, audit, investor relations, external development, corporate financial...
Campbell Soup’s board has considered a sale of the entire company, but has decided instead to shed assets (its international operations and C-Fresh-food unit) and refocus on its core soups, snacks and beverages business in North America, in a move that...
Campbell Soup could take share from Kellogg in the US convenience channel after acquiring Snyder’s-Lance, as the cereal giant is abandoning the direct store delivery (DSD) model for its entire snacks division, said Euromonitor analyst Jared Koerten.
According to the culinary trend experts at Campbell Soup, 2017 will see more adoption of food as medicine, modern middle eastern cuisine, and a plethora of new condiments.
Campbell Soup is investing $32m in Habit, a personalized nutrition and meal delivery company led by Plum Organics founder Neil Grimmer set to launch in 2017.
Campbell Soup Co. is hopping on the venture capital bandwagon "to more fully participate in growth opportunities" that could give it a competitive edge meeting consumers’ fast-evolving demands for healthy and fresh foods.
New developments in three high-profile false advertising lawsuits underline the risks associated with making ‘all-natural’ claims on foods made with genetically engineered ingredients, with Kashi and Karlin Foods agreeing to sizeable settlements, and...
While there were some bright spots in Campbell Soup's fourth quarter results, its performance in core categories such as ready-to-serve soup was a bit lackluster, CEO Denise Morrison told analysts Monday.
Recent acquisitions in the natural space—Bolthouse Farms and Plum Organic—were among the bright spots in a disappointing quarterly earnings report for Campbell Soup Company. The development points to changing sales patterns within the United States overall.
60-second interview, Kristen Mercure, Green Mountain Coffee Roasters
The recent growth of the single serve coffee market has been nothing short of meteoric. But is 'fresh-brewed' soup a bridge too far, or could Green Mountain Coffee Roasters (GMCR) and partner Campbell Soup have stumbled upon CPG gold?
The American Heart Association (AHA) has fraudulently certified as ‘heart healthy’ scores of products from Campbell Soup that contain far more sodium than the FDA - and the AHA itself - recommends for people on a heart-healthy diet, alleges a lawsuit.
A month after announcing a deal to buy baby food firm Plum Organics, Campbell Soup has unveiled plans to acquire Kelsen Group A/S, a Danish producer of baked snacks that has developed a significant presence in China.
It’s enraged dieticians and delighted the Salt Institute. But Campbell Soup’s high-profile u-turn on sodium raises some difficult questions about reformulation for all stakeholders.
Two of the nation's biggest food manufacturers have unveiled bold new sustainability targets with Campbell Soup pledging to halve the environmental footprint of its product portfolio by 2020 and Kraft promising to slash energy and water consumption...
