Exciting News: Black Rifle Coffee has teamed up with Keurig Dr Pepper to introduce a new line of ready-to-drink energy beverages. The launch is set for the fourth quarter, with nationwide availability expected in early 2025. The energy drinks will…
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As Hershey unveils a major innovation for its Ice Breakers gum brand after five years, a high-ranking executive expresses confidence in the new product: “We expect it to make a significant impact.” The new product, named Flavor Shifters, offers a…
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Key Points: Kraft Heinz has appointed Marlene Creighton as the chief sales officer for U.S. retail, starting in June. Creighton joins Kraft Heinz from Hershey, where she was the chief sales officer and has extensive experience at other CPG giants.…
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Devin Cole has been appointed as the new president of international operations at Tyson Foods, Inc., as announced during an earnings call on Monday. Cole, who previously led teams at Tyson, returned to the company in March to oversee its…
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Food News
The Weekly Sip: Diageo’s spirits sales fall flat | International Delight turns to ‘Home Alone’ nostalgia for coffee
Diageo earnings fall as consumers cut back on spirits The maker of Guinness is struggling to manage a cooler purchasing environment as higher-end alcohol falls to the backburner for many consumers. In its financial results released this week, Diageo reported…
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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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Pennsylvania grocery stores are gearing up to introduce ready-to-drink cocktails to their shelves. Last week, Governor Josh Shapiro of Pennsylvaniasigned a bill amending the state’s Liquor Code to allow restaurants and grocery stores to sell ready-to-drink cocktails. The new law,…
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New Insights: The refrigerated dairy sector has experienced significant growth in the retail market, reaching $76 billion in sales over the past year, according to a recent report by CoBank. Key products like butter, cheese, and yogurt have been driving…