Natural and organic products specialist Hain Celestial is expecting to “double or even triple” ecommerce sales over the next two to three years as it dedicates more resources to boosting online sales.
Natural Grocers will slash the pace of new store openings to focus more on shoring up the performance of existing outlets, the company announced recently.
Twinkie maker Hostess Brands reported lower-than-expected third quarter results, as revenue from 2016 innovations slipped and hurricanes Harvey and Irma wrought havoc.
Meal kit market leader Blue Apron has been hit with an avalanche of ‘stock drop’ lawsuits from a series of law firms alleging that shareholders were duped into paying over the odds to buy the firm’s stock – which has lost almost half of its value since...
In what could be seen as another step in the trend of pressure on the margins of big CPG brands, Kellogg Company is stretching out payment schedules with retailers, according to an analyst’s report.
A “powerful and emotional brand connection,” “constant product innovation,” “attractive unit economics,” a “hard-to-replicate value chain,” and “proprietary technology and data,” help Blue Apron stand out in the burgeoning meal kit market, says the company....
Whole Foods is dropping its co-CEO structure, with John Mackey to take over as sole CEO at the end of the year, said the retailer, which posted a 2.6% decline in same store sales in the fourth-quarter and a 4.2% drop in traffic.
Hershey has posted a 2% rise in third quarter sales, driven by innovations in North America, such as Reese’s Pieces Cups, Big Kat and birthday-themed Kisses.
Is ConAgra’s strategy of cutting back on deep discounts on brands such as Banquet, Chef Boyardee, and Snack Pack – a move that has improved margins but dented revenues – a savvy one, or is it a dangerous gamble that could see it losing distribution in...
Hain Celestial has launched a new venture unit, Cultivate Ventures, that will invest in small, high-performing brands in the health and wellness arena.
Mondelēz International must be careful not to saturate the Cadbury and Milka and Oreo brands with excessive SKUs and be wary cost-cutting measures don't harm revenues further, say analysts.
Chinese consumers are able to buy a fuller range of Mondelēz products, including Oreo Colorfilled, an online platform where people can customize their own Oreo packaging, thanks to the Mondelēz’s latest partnership with Alibaba.
In US basketball lingo they call it playing small ball. Frutarom, which supplies flavors, fragrances and dietary supplement ingredients, has grown to one of the world’s largest companies in the category by acquiring many of the smallest firms.
Sales and profits at poultry processing company Sanderson Farms in the US have been hit, as the aftershocks of the bird flu outbreak continue to be felt.
Natural retail chain Sprouts Farmers Market shook up its long-established leadership at the same time it announced during its second quarter earnings call Aug. 6 that it is lowering its full year guidance.
Food ingredients giant Ingredion reported strong second quarter 2015 earnings that were buoyed in particular by a strong performance from recent acquisition Penford. The company also announced the completion of the acquisition of Kerr Concentrates, Inc.,...
Net sales at Heinz fell 11.5% in the first quarter, which bosses blamed on tough comparatives, currency impacts, double-digit declines in its North America frozen meals business, and ‘category’ declines in the UK and Italy.
Mondelēz International has continued to grow below the overall chocolate market in first quarter of 2015 after it was the first to raise wholesale prices last year. However, it expects its chocolate business to rebound in H2.
The impending marriage of Heinz and Kraft Foods Group will create a $29bn consumer packaged goods powerhouse. But is bigger always better, or are megadeals like this more about making money for lawyers and shareholders than delighting consumers and driving...
Kroger’s natural and organics brand Simple Truth notched up sales of $1.2bn in 2014, and continues to generate double digit growth, said CEO and chairman Rodney McMullen at the company’s q4 earnings call last week.
Brazilian meat giant Marfrig Global Foods has achieved full-year revenue of R$21bn, as a favourable currency exchange and growth in exports pushed up sales across the business.
Growth in organic, raw, non-GMO and allergy-free products is outpacing rest of business
Sprouts Farmers Market is exploring online delivery options, but hasn’t found a model that works, yet, chief financial officer Amin Maredia said this week.
Kellogg’s 136% profit plunge for the fourth quarter (Q4) is disappointing and can mainly be attributed to continued poor performances in Special K and Kashi, its CEO says.
While Kraft Food Group’s growth outpaced that of many rivals in Q4 with organic revenue growth of 3.4% vs North America food and beverage industry growth of 2.4%, 2014 as a whole was “difficult and disappointing”, said new chairman and CEO John Cahill.
PepsiCo has met or exceeded its 2014 financial targets, and CEO Indra Nooyi says the company’s innovation pipeline is possibly its strongest ever, forecasting resilience to a volatile global macro environment.
The Coca-Cola Company says the US market can help offset global challenges in 2015, warning that 2015 will be a ‘transition’ year while initiatives take hold.
Natural Grocers by Vitamin Cottage reported strong revenue growth for the fourth quarter of its 2014 fiscal year. Net sales grew by 17.8% over the same period in 2014 and were up by 20.9% for the fiscal year. The company notched $520.7 million in net...
While mainstream food retailers discovered kombucha later than their counterparts in the ‘natural’ channel, they are playing catch-up now, says natural soda maker Reed’s, which entered the market in 2012 with its Culture Club kombucha range and now claims...
Boulder Brands - which announced a high-profile re-launch of its Smart Balance spreads on a non-GMO platform in March - has admitted that the move has not transformed the brand’s flagging fortunes.
Hershey has lowered its full year guidance after a slowdown in Brazil and Mexico and a gross profit margin decline due to higher dairy and cocoa costs.
Coke appears to be capitulating to the ‘new normal’ operating environment by lowering its revenue and volume growth targets, according to one financial analyst, while disaffected investor David Winters claims there is 'failure and disarray'...
Youngevity International, a multilevel marketer of nutritional supplements as well as a bulk coffee roaster, reported big increases in net revenue and gross profit in its second quarter of 2014, driven mostly by organic growth aided by acquisitions.
