PepsiCo plans cost cuts as North American struggles persist
CEO Ramon Laguarta said the company plans to raise prices on select offerings and evaluate “every cost with aggressive lenses.”
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CEO Ramon Laguarta said the company plans to raise prices on select offerings and evaluate “every cost with aggressive lenses.”
The federal government is considering a new VAT model with rates of 0%, 9%, and 22%. Basic food items would become cheaper, but for the average supermarket shopper, the total bill…
Global food prices soared in September to an almost four-year high, led by sugar and wheat, amid weather and shipping-related constraints. The post Sugar, wheat drives FAO…
World food prices rose in September to their highest in nearly four years as logistics disruptions and weather concerns affected crop markets.
McCormick has reported higher quarterly sales and profit, as pricier seasonings and sauces helped cushion the blow from weaker consumer demand.
India is considering lowering import tariffs on a range of pulses to boost supplies and curb food inflation, sources said.
Vegetable oil prices could rise into 2027 as Black Sea sunflower oil disruptions and lower South American soyoil exports tighten supply.
Lindt & Sprüngli has lowered its forecast for its annual organic sales, citing the impact of price increases and weaker volumes. The post Lindt & Sprüngli cuts sales forecast as…
Food inflation fell to 2.5% in September from 2.8% in August, matching the three-month average
Lindt & Sprüngli has cut its 2026 organic growth forecast for the second time this year, citing subdued consumer sentiment.
Food price inflation slowed in September as supermarket promotions helped bring down the cost of meat and dairy. According to the latest BRC-NIQ Shop Price Index, food inflation…
Food and Drink Wholesale UK, the British Retail Consortium and a host of retailers are concerned that plans to increase taxes on large warehouses could push up food prices, and…