Hershey is reorganizing its workforce to align with its long-term growth plans. The company is laying off about 200 employees, or 1% of its 20,000-person workforce, while also creating new roles in areas such as technology and data science to…
growth
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The Evolution of Better-For-You Products in the Grocery Store In the year 2000, a grocery shopper would have been amazed by the transformation of the average grocery store by 2024. The variety of “better for you” products available today is…
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Tilray’s Focus on Beverages Leads to Growth Tilray’s interest in beverages is driving growth for the company, with a 26% net revenue increase in the last year. According to Tilray’s earnings report, cannabis revenue saw a 24% increase, and net…
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Key Points: Kellanova reported a 4% increase in organic net sales year-over-year in its latest quarter, with a 5% decrease in net sales attributed to currency issues and the divestiture of its Russian business. CEO Steve Cahillane highlighted Pringles as…
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Ingredients in Focus is Food Dive’s bite-size column highlighting interesting developments in the ingredients sector. Chaga mushrooms, a fungi high in antioxidants and plant compounds, are expected to experience significant growth in the next decade. According to a report from…
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General Mills Appoints Asheesh Saksena as Chief Strategy and Growth Officer General Mills is focusing on growth with the recent appointment of Asheesh Saksena as its chief strategy and growth officer. Saksena will be responsible for the company’s long-term growth…