The Latest
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Liquid Death swipes PepsiCo alum for CFO in growth push
Ricky Khetarpaul, who recently served as the chief financial officer at kombucha brand Health-Ade, joins the fast-growing water brand as it seeks to break into new beverage categories.
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Sponsored by US Tart Cherries
Why tart cherries are the year-round ingredient driving CPG innovation
Always in season: tart cherries fuel bold, craveable innovation across categories all year long.
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PepsiCo taps into protein boom with 3 beverage innovations
Innovations to Muscle Milk, Propel and Starbucks Coffee will reflect growing consumer demand for the nutrient throughout the day.
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California becomes first state to ban ultraprocessed foods in schools
The law is the first in the U.S. to set a legal definition of the term, which has become a growing target of the “Make America Healthy Again” movement.
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Food recalls are on the rise. What happens to the waste?
The Food and Drug Administration recalled nearly 85 million units through the first half of the year and managing this organic waste can be complicated.
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Color manufacturers sue to strike down West Virginia artificial dye law
The lawsuit is the first major legal challenge from the food industry as more states consider ingredient restrictions as part of the “Make America Healthy Again” movement.
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Inside Ferrero’s push to become America’s next packaged food giant
Fresh off its acquisition of WK Kellogg, the sweets maker is investing over $100 million in marketing during the Super Bowl and World Cup to show it’s more than just Nutella and Ferrero Rocher.
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PepsiCo names Walmart executive as CFO
The appointment comes as the maker of Mountain Dew and Doritos faces slowing soda sales and challenges to its snacks business as cash-strapped consumers cut back on snacks.
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Column
Leftovers: M&M’s launches freeze-dried candy | Marvel stars brew up beverage collab
Mars is building on the success of Skittles Pop’d with its latest innovation, while Ortega mixes up taco night with Cheez-It.
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Coca-Cola to roll out single-serve minis in c-stores
The 7.5-ounce cans offer consumers a more affordable price point and play into growing demand for small indulgences.
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Campbell’s taps Hershey finance vet for CFO chair
In a client note, J.P. Morgan said this is “the most active year since 2022” for CFO changes in the food industry.
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Magnum taps into better-for-you craze with Yasso frozen Greek yogurt pints
The fast-growing brand, which Unilever purchased in 2023, will be spun out next month when the CPG giant divests its ice cream division.
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Molson Coors reshuffles leadership team under new CEO
The Miller Lite owner is removing its commercial officer role as it looks to tackle challenges in the beer industry.
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SNAP restrictions may cost $1.6B for retailers to implement: report
New findings from three industry groups estimate the upfront as well as ongoing maintenance price tags tied to compliance with new regulations.
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AI is set to transform the way consumers shop for food
Artificial intelligence offers a powerful way to automate grocery shopping and predict what people might buy next, according to PwC.
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Tyson agrees to record $85M settlement in pork price-fixing lawsuit
Meatpacking giants have agreed to pay nearly $200 million to address allegations they illegally conspired to limit bacon, ham and sausage supply to boost profits.
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Kraft Heinz CMO on being culturally nimble without losing brand equity
At Advertising Week, Todd Kaplan said marketers should think of brand building like pointillism and not rush to jump on every viral opportunity.
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Fireball owner builds out vodka portfolio with purchase of Western Son
The Texas-based vodka and gin brand will give Sazerac expanded production capacity.
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Hormel Foods ends bacon production at Georgia plant
The shift is one of roughly 90 projects the company executed in the third quarter as part of a multiyear transformation initiative.
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JM Smucker to spend over $120M on Hostess plant expansion
The Twinkies owner was acquired two years ago for $5.6 billion, but has since seen demand wane amid inflation and an uptick in the use of GLP-1 drugs.
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Column
Leftovers: Nerds Gummy Clusters launches juicy new innovation | Hershey bites into KitKat Counts
Ferrara is building on the candy brand's unexpected success, while Sierra Nevada launches a European-sized pilsner in the U.S.
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General Mills doubles down on snackable content with sketch series
“The Snacktime Sketch Show,” which parodies everything from “Love Island” to rogue artificial intelligence, promotes the “unsung heroes” of the snack aisle.
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Walmart to remove dozens of artificial ingredients from private label brands
The nation's largest retailer is eliminating synthetic dyes and 30 additional additives commonly associated with ultraprocessed foods.
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Danone to pause litigation as part of truce with Lifeway Foods
The agreement, which also includes a board refresh, comes two weeks after the dairy giant abandoned plans to acquire the kefir maker.
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General Mills to close 3 Missouri plants as part of supply chain restructuring
The food giant plans to shutter a pizza crust and two pet food facilities as part of a multiyear initiative to streamline its business.
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Powerade enters hydration market with first new product in 5 years
The Coca-Cola-backed brand is stepping into the functional beverage market with Power Water, which bills itself as having more electrolytes than competitors.