The Latest
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Candy and soda makers prepare to ‘play offense’ on SNAP restrictions
With more states limiting what consumers can buy with food assistance benefits, Hershey and Keurig Dr Pepper are closely monitoring the potential sales impact.
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What BodyArmor’s NCAA deal means for Coca-Cola’s hydration portfolio
CMO Tom Gargiulo explains how the sport drink’s refreshed “Choose Better” campaign will be activated around the March Madness tournament.
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JM Smucker adds 2 board members in deal with activist investor
Elliott Investment Management said the agreement comes after “constructive engagement” with the Uncrustables maker, which has faced higher coffee prices and challenges with its Hostess acquisition.
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Barefoot wine owner to close winery, lay off 93 workers across business
E & J Gallo Winery is downsizing as the alcohol category remains challenged by an aging consumer base and declining consumption.
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PepsiCo to shutter California Frito-Lay warehouse
The Rancho Cucamonga facility is the latest closure by the Cheetos maker and will result in 248 layoffs.
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Food makers warn GLP-1s will have ‘lasting influence’ on sector
Weight loss medications, such as Ozempic or Wegovy, are already impacting sales and prompting companies to roll out smaller portions and more offerings with protein and fiber.
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Wealthier shoppers are driving grocery spending, data shows
Higher-income shoppers tend to purchase more fresh foods while people with less money often direct their dollars toward shelf-stable products, according to NielsenIQ findings shared by FMI.
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Kim Kardashian becomes co-founder of better-for-you energy drink brand Update
The beverage is made with paraxanthine, which offers a similar boost to caffeine but without the crash.
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Food, beverage companies lagging on addressing forced labor risks: report
Despite widespread commitments, companies rarely implement the transparency and labor practices needed to address the issue, a study backed by the Business and Human Rights Centre found.
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Topo Chico mineral water temporarily unavailable in US
Coca-Cola said it paused production for facility upgrades, and it aims to have the drink back on shelves later this year.
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PepsiCo’s first creator-led product launch reimagines chips for Gen Z
The CPG giant teamed with Madison Beer, iShowSpeed and Dude Perfect on products meant to shrink the distance between creators, culture and checkout.