Summary: Beyond Meat is facing challenges as it struggles with declining sales, leading to delays in bill payments. Data from Creditsafe shows that Beyond Meat’s days beyond terms (DBT) have more than doubled in the past year, reaching 19 days…
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Key Points: Beyond Meat secures $100 million in funding from a plant-based nonprofit to address financial challenges. Unprocessed Foods provides debt financing in exchange for the option to purchase up to 12.5% of Beyond’s shares. Beyond Meat reports declining sales,…
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Key Takeaways: Unilever’s CFO, Fernando Fernandez, will be taking on additional responsibilities for supply chain, procurement, digital and technology, and business services as part of a major executive leadership reorganization announced by the global food and household retailer on Monday.…