Activist Investor Starboard Value Pushes for Lamb Weston to Double Cost-Cutting Targets Activist investor Starboard Value is urging frozen french fry maker Lamb Weston to double its cost-cutting targets, citing high operating expenses compared to industry peers. In a letter…
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cost
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Key Points: According to a report from the National Association of Convenience Stores, National Grocers Association, and FMI – The Food Industry Association, retailers are facing upfront costs of around $1.6 billion to implement new SNAP purchasing restrictions. Convenience stores…
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Key Points: McCormick predicts potential annual losses of up to $90 million due to Trump administration tariffs on spices that cannot be grown commercially in the U.S. The company plans to increase prices selectively in response to higher commodity costs…
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When it comes to Halloween treats, brand loyalty remains the top indicator for consumers’ purchasing behaviors, regardless of consumer trends that point to clean, healthier ingredients. A new study from Trax surveyed 12,000 consumers about their candy habits, and it…