Hormel Foods Corp. experienced a decline in volume in its Retail operating unit for the third consecutive quarter, impacting its fiscal third-quarter results. John Ghingo, president and CEO-elect of Hormel, attributed this decline to the divestiture of the whole bird…
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Key Takeaways: Despite ongoing consumer concerns about inflation, the meat departments of grocery stores showed resilience in 2024, as reported by FMI — The Food Industry Association in their recently released State of Fresh report. In 2024, meat sales saw…
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Food News
The Weekly Sip: Monster shuts down craft beer plant amid alcohol woes | Jamba Juice gets into powdered hydration
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…