New Lindt CEO’s quest for growth – will price cuts top agenda?
Adalbert Lechner has joined the growing ranks of CEOs leaving large FMCG companies - questions now arise over the new Lindt chief's strategy. The post New Lindt CEO’s quest for…
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The opportunities for prepared meals as wellness-first shopping meets cost-of-living constraints
Ready-meal makers can prosper as restaurant dining is becoming less accessible for more consumers. The post The opportunities for prepared meals as wellness-first shopping meets…
Senator raises concerns over Kroger’s plan to buy Giant Eagle
The proposed acquisition and two other major food deals “reveal a growing consolidation trend” that could boost prices for consumers, Sen. Elizabeth Warren told the FTC and the…
B&G Foods calls off Green Giant sale in Canada after antitrust concerns
A regulator previously said the sale to Nortera Foods could result in higher prices, fewer choices and reduced competition.
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.”
Belgian VAT reform threatens to make groceries more expensive, despite “zero rate”
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…
Sugar, wheat drives FAO commodity index
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 Near Four-Year High In September, UN Says
World food prices rose in September to their highest in nearly four years as logistics disruptions and weather concerns affected crop markets.
McCormick's Price Hikes Spice Up Quarterly Results Despite Sluggish Demand
McCormick has reported higher quarterly sales and profit, as pricier seasonings and sauces helped cushion the blow from weaker consumer demand.
India Considers Cutting Import Duties On Pulses To Cool Prices, Sources Say
India is considering lowering import tariffs on a range of pulses to boost supplies and curb food inflation, sources said.
Global Vegetable Oil Prices Seen Rising On Tighter Supply, Says Analyst Mielke
Vegetable oil prices could rise into 2027 as Black Sea sunflower oil disruptions and lower South American soyoil exports tighten supply.
Lindt & Sprüngli cuts sales forecast as pricing eats into volumes
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…