sales

Summary: Constellation Brands, the owner of Mexican beer brands Corona and Modelo, is experiencing a decline in sales due to President Trump’s strict immigration policies. Deportation threats and potential job losses among Hispanic populations, who make up half of the…

Last year, Kellanova faced challenges with Special K in the U.K. as the cereal’s volumes declined and market penetration stagnated. Despite high awareness for the 70-year-old brand, consideration rates began to resemble those of private label brands as the premium…

A Majority of Shoppers Prefer Natural and Organic Products, But Many are Confused About What They Mean A majority of shoppers believe it is important for their groceries and household goods to be natural or organic, but a substantial share…

According to the National Restaurant Association (NRA), foodservice operations are expected to generate $1.5 trillion in sales in 2025. This record-breaking sales forecast is based on the NRA’s State of the Restaurant Industry report, which analyzes restaurant operator and consumer…

Key Points: Private label sales reached a new high of $271 billion last year, growing by 3.9% compared to 2023. Private label sales outpaced national brands, which only saw a 1% growth rate. All 10 food and non-edible departments tracked…

Key Takeaways: Constellation Brands is focusing on its Mexican beer offerings as its wine and spirits division experiences significant declines, according to CEO Bill Newlands during the recent earnings call. Pacifico, Modelo Especial, and Modelo’s Chelada brews saw sales growth…

The Weekly Sip is Food Dive’s column focused on the latest news in the rapidly changing and growing beverage sector. From inaugural product lines to big investments and controversial topics, this column aims to quench the thirst for developments in…

Kellanova is optimistic about its outlook for 2025 following a strong performance in its most recent quarter, fueled by increased demand for its snack products. The company, known for its Pringles brand and set to be acquired by Mars for…

Key Points: Nestlé is making changes to its organizational structure and executive board due to slow sales growth. Changes include reducing the executive board size, merging Latin America and North America units, and combining Greater China with Asia, Oceania, and…

According to data from Wine & Spirits Wholesalers of America (WSWA), wine sales decreased by 8% in the year ending August 2024, indicating challenges ahead for the category amidst changing consumer trends. Industry expert Dale Stratton attributes the decline in…