Dive Brief: Del Monte Foods has filed for bankruptcy and is actively seeking a buyer for its longstanding 139-year-old business, citing challenges in a rapidly changing economic landscape. CEO Greg Longstreet acknowledged the difficulties faced by the iconic canned fruit…
Tag:
seeks
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Hershey is urging the White House to exempt cocoa from tariffs to prevent further price increases on chocolate. The company estimates that tariffs could cost between $15 million to $20 million in the second quarter and potentially up to $100…
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Key Highlights: Post Holdings saw a 2.3% decline in cereal volumes in its recent quarter, reflecting the ongoing challenges in the category.Source. The rise of niche brands offering healthier options has impacted major cereal players like Post, as noted by…
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Discover some of the latest product ideas making waves in the market. From intriguing concepts to amazing creations, here are a few leftovers pulled from our inboxes that caught our eye. Ben & Jerry’s Launches Churn Out the Vote Flavor…