Russia’s ongoing invasion of Ukraine is taking a toll on major CPG companies, including PepisCo and Mondelez, both of which reported a hit to annual profits yesterday due to restricted production and sales in the countries and surrounding area as well...
Despite a double-digit increase in retail sales during the pandemic, most grocery retailers continue to grapple with tight profit margins which could be squeezed further as restaurants and the foodservice industry reopen but many coronavirus-related expenses...
General Mills has been working to turn around its yogurt business and is starting to see slow signs of improvement but "there is more work to do," CEO Jeff Harmening said during the CAGNY (Consumer Analyst Group) conference in New York City.
Bringing sales, marketing, insights, product innovation and commercial finance under one new ‘demand’ department will help break down silos and make Chobani even more responsive to customers and consumers, the firm’s new chief marketing and commercial...
Certifying a product as approved by the popular Whole30 diet is a “pretty intensive” process, according to the diet’s co-creator, but for the few and proud that make the cut, the licensing deal can provide exposure to a fiercely loyal consumer base, boost...
Activist investors led by Jana Partners have acquired 8.3% of Whole Foods’ stock according to an SEC filing, which says Whole Foods must take radical action to address its recent “chronic underperformance."
Hain Celestial hopes to stay “one step ahead” of the conventional CPG manufacturers now flocking to the increasingly popular natural and organic space, which the New York-based firm has dominated for years, by better customizing marketing, pricing and...
NBTY recorded $3.23 billion in net sales in its fiscal year ended Sept. 30, 2015. That total represented a razor-thin gain from the previous, disappointing year but nevertheless was a result that management said it was “generally pleased” with.
Sprouts Farmers Market is accelerating expansion of its deli and prepared food offerings to help drive traffic and mitigate the impact of a tightening supply of high quality produce, which currently drives the majority of store visits.
Worldwide demand for aloe means acreage for this important botanical continues to expand in Mexico, one of the main sources of the ingredient. And that demand has been driven largely by products sold through network marketing companies, an expert says.
Declining volumes in the $9.51bn US cereals market can be blamed on “cyclical not structural” issues, and do not mean the category has peaked and will carry on going backwards, says Cheerios-maker General Mills.
An LA-based firm on a mission to turn ginseng into next big thing in functional beverages says there is room in the market for a new product that can compete with Red Bull and Monster but pack a greater nutritional punch.
Spice firm McCormick has reported first quarter sales rises
throughout its business operations, and predicts a continued strong
performance in 2007 as its restructuring actions begin to bring in
Dutch-based health and food ingredients company Acatris Group is
set to expand its sales network for health ingredients in the UK.
In a statement this week, the company claimed that the UK is among
the top three countries in Europe...