News & Analysis on Food & Beverage Development & Technology
As coronavirus continues to thwart businesses' best-laid plans, New Hope has decided to take Expo West – its annual trade show in Anaheim, California – virtual this spring, in the wake of “government restrictions, anticipated timelines around re-opening...
Kraft Heinz has ended 2020 on a high note reporting a 6.2% increase in organic net sales and a 27% lift in household penetration in Q4, driven by significant gains in Ketchup, Lunchables, and Ore-Ida.
Freshly, a direct-to-consumer fresh-prepared meal delivery service, has expanded its distribution operations with a new facility in Austell, Georgia.
Coca-Cola has been streamlining its portfolio: cutting down from 400 to 200 master brands. This doesn’t mean the company has abandoned NPD, says CEO James Quincey – rather, he sees the strategy as clearing the way for the ‘next generation of innovation’.
Hain Celestial is in the market for acquisitions to “bulk up in the categories that we prioritize,” even as it continues to shed underperforming brands and those with less mainstream consumer appeal, CEO Mark Schiller told analysts this week.