The Impact of Economic Bifurcation on Grocery Spending Trends As the economy continues to bifurcate, there is a noticeable shift in grocery spending habits based on income levels. According to insights shared by NielsenIQ and FMI, affluent consumers are increasing…
Food News
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Key Points: J.M. Smucker is appointing two new independent directors to its board as part of an agreement with activist investor Elliott Investment Management. Woo-Sung (Bruce) Chung, the CFO at NRG Energy, and former Snyder’s-Lance CEO David Singer will join…
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BodyArmor is once again the official sports drink of the NCAA, starting with the 2026 March Madness tournament and a fresh take on its “Choose Better” campaign. BodyArmor will continue as the sponsor of the NCAA, following its previous sponsorship…
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Beyond Meat Launches New Line of Protein Drinks Beyond Meat is expanding its protein beverage line with four new flavors as the plant-based meat company looks to tap into a more lucrative market. The new flavors, including cherry berry, strawberry…
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Food News
Leftovers: Johnsonville cracks open Dr Pepper sausage | Founders taps TikTok for first RTD cocktail
Leftovers is our look at a few of the product ideas popping up everywhere. Some are intriguing, some sound amazing and some are the kinds of ideas we would never dream of. We can’t write about everything that we get…
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With the introduction of restrictions on using food assistance benefits for sugary beverages and snacks in more states, food and beverage companies are preparing for a potential decrease in sales. Currently, 18 states have been granted approval by the Trump…
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McCormick & Co., a leading flavoring company, is working diligently to meet the demands of food companies that are rapidly adjusting their products to align with changing consumer preferences. The CEO of McCormick, Brendan Foley, mentioned that businesses are seeking…
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Food companies are adapting their products to cater to the increasing use of GLP-1 drugs for weight loss. Executives are recognizing the long-term impact these medications will have on sales. About one in eight adults report taking GLP-1s like Ozempic…
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One of the leading wine suppliers in the United States is making strategic changes to its operations by closing a vineyard and letting go of 93 employees across multiple locations. This decision comes as the company adapts to shifting consumer…
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Summary: Recent assessment by the Business and Human Rights Centre reveals that major food and beverage companies are falling short in addressing forced labor risks in their supply chains, exacerbated by climate change. The benchmark evaluated 45 global food and…