Key Takeaways: In 2025, private label product sales in the US reached a record $282.8 billion, marking a 3.3% increase from the previous year, outpacing national brands. Consumers and retailers continue to show strong interest in store-brand products due to…
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sales
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Heineken CEO Dolf van den Brink to Step Down Heineken CEO and Chairman Dolf van den Brink will be leaving the company at the end of May after nearly six years at the helm. His departure follows the beer giant’s…
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Brown-Forman, a leading spirits company, has reported a significant decline in sales in Canada due to an ongoing boycott of U.S. alcohol sparked by President Donald Trump’s tariff policies. Sales in the country dropped by 62% in the second quarter,…
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Households with users of GLP-1 medications for weight loss to represent 35% of U.S. food and beverage sales by 2030 A recent report by Circana predicts that households with users of GLP-1 medications for weight loss will make up more…
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Key Takeaways: Leanne D. Cunningham, Brown-Forman’s finance chief, plans to retire on May 1, as per a Securities Exchange Commission filing on Aug. 21. The spirits company, known for brands like Jack Daniel’s whiskey, is 155 years old. Cunningham joined…
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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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Kraft Heinz announced on Tuesday that it is currently reviewing potential strategic transactions in an effort to reverse a decline in sales. The company did not disclose any specific details regarding the review process, such as a timeline for decision-making…
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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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Summary: Coca-Cola reported a decrease in sales in the U.S. due to weakened consumer demand, particularly among Hispanic consumers, according to CEO James Quincey during the company’s recent earnings call. The beverage giant experienced a 3% drop in volumes in…
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Key Takeaways: Keurig Dr Pepper’s strategic investment in Ghost energy drinks, worth over $1 billion, is proving to be successful as it drives sales growth and offsets challenges in traditional beverage segments like soda and coffee. Net sales of refreshment…
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