Sazerac, a prominent spirits company, is making a significant investment of over $1 billion in new and existing facilities. This expansion of production comes at a time when premium spirits are showing more resilience compared to other alcohol categories, despite…
Category:
Food News
-
-
Welch’s Appoints Andrew Hartshorn as Chief Brand and Innovation Officer Welch’s has announced the appointment of Andrew Hartshorn to the newly established role of chief brand and innovation officer, effective as of October 15. This decision comes following the departure…
-
Editor’s note: This article covers insights from a recent event hosted by Packaging Dive and Food Dive. If you missed the event, you can watch the replay on demand here. For many consumer packaged goods (CPG) companies, designing food packaging…
-
Unilever has decided to delay the spin-off of its ice cream business due to the ongoing U.S. government shutdown. Despite this setback, the company still anticipates completing the divestiture by 2025. The original plan was to separate The Magnum Ice…
-
Key Points: Molson Coors is set to cut 400 salaried jobs by the end of the year as part of a plan to streamline operations under new CEO Rahul Goyal. This move will result in a 9% reduction in the…
-
Chobani Raises $650 Million in Equity Capital to Fuel Growth and Innovation Chobani recently announced that it has secured $650 million from industry thought leaders to support its expansion and innovation initiatives. The New York-based food company plans to use…
-
Effective packaging plays a pivotal role in determining the success of a food or beverage product in today’s competitive market. It goes beyond just being a container; packaging serves to safeguard product quality, extend shelf life, ensure food safety, and…
-
Heineken Restructuring Global Headquarters, Cutting 400 Jobs Heineken announced plans to cut 400 jobs at its global headquarters in Amsterdam as part of a restructuring to adapt to the evolving beer market. The changes, set to begin in 2026, will…
-
Albertsons Private Label Sales Expected to Reach 30% of Business Albertsons is confident that its private label sales will grow to represent up to 30% of its overall business, as the supermarket chain continues to focus on catering to price-conscious…
-
Despite a recent decline in alcohol sales, the impact is not uniform across the industry. While some products are experiencing a surge in sales, others are struggling to maintain their market share in convenience stores. According to a Gallup poll,…