Olipop’s new CEO, Christian Patiño Webb, has set ambitious goals for the better-for-you soda brand, aiming to reach $1 billion in sales despite facing increased competition in the market. Having taken over the leadership position in August, Patiño Webb is…
sales
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Key Points: Kraft Heinz is focusing on renovating its Oscar Mayer brand after it contributed to a significant portion of the company’s market share losses in North America. CEO Steven Cahillane highlighted the company’s efforts to upgrade packaging for deli…
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Marzetti Co. in Westerville, Ohio, achieved another year of record sales thanks to the success of the Bachan’s Japanese barbecue sauce brand. Additionally, Texas Roadhouse dinner rolls continued to gain traction, despite facing tough year-over-year comparisons. In the fiscal year…
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Simply Good Foods Faces Class Action Lawsuit Over Owyn Protein Shakes Acquisition Simply Good Foods, the owner of Quest, is currently embroiled in a class action lawsuit from investors alleging that the company mishandled the integration of its $280 million…
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States implementing restrictions on SNAP spending could face $830 million sales loss by 2026 A recent study by Numerator has revealed that states implementing restrictions on SNAP spending by the end of 2026 could experience a significant sales loss of…
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Key Takeaways: Independent grocers contribute over $353 billion to the $920 billion U.S. food retail sector, making up more than 38% of total sales. For every $1 in independent grocery sales, an additional 58 cents is generated in supply chain…
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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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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…