Key Takeaways: PepsiCo has recently entered into a 10-year virtual power purchase agreement with Statkraft to reduce carbon emissions across its European operations and supply chain. The agreement will see PepsiCo, along with key suppliers Givaudan and Smurfit Westrock, benefit…
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Mars Partners with Ofi to Cut Carbon Footprint in Cocoa Supply Chain Mars and Ofi have teamed up to launch a project aimed at reducing the carbon footprint of cocoa production in Ecuador. This five-year initiative will help farmers adopt…
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Hershey is implementing technology to enhance productivity and reduce inventory levels within its supply chain, as announced during its 2026 Investor Day. The company has invested in decision-intelligence software that collects and analyzes data throughout the supply chain, providing alerts…
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Heineken to Cut 6,000 Jobs in Cost-Cutting Move Heineken plans to reduce its workforce by up to 6,000 roles, representing about 7% of its employees, over the next two years. This decision comes as the company aims to lower costs…
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Following a period of continuous price hikes, consumers may soon notice a slight relief in grocery prices as major food companies aim to stimulate growth. General Mills, the maker of Cheerios and Nature Valley bars, recently announced price reductions on…
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Key Insights: PepsiCo is testing a unified distribution model in Texas to merge its snacks and beverages businesses, aiming to reduce costs and increase productivity. Investments in technology have enabled PepsiCo to consolidate warehouses for its snacks and beverages units,…
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Hormel Foods has announced a corporate restructuring that includes cutting 250 corporate and sales positions. Read more about this decision. Hormel is closing open roles and reducing certain positions to align resources with strategic priorities. The company is also implementing…
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As more breweries aim for net-zero emissions, some are turning to heat pumps as an alternative to gas boilers. Companies like Guinness and New Belgium Brewing are investing in electrified heat and steam technology to reduce their environmental impact. AtmosZero,…
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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…
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Key Takeaways: Beyond Meat is planning to reduce its North American workforce by approximately 6%, which amounts to about 44 employees, as the company faces challenges in the plant-based food market. The California-based company anticipates incurring a one-time charge of…