Conagra’s new CEO ready to take ‘bold actions’ to turn around food giant
John Brase, who recently joined from J.M. Smucker, told Food Dive he is “not happy” with the Slim Jim maker's performance and that divestitures of brands could be on the table.
John Brase, who recently joined from J.M. Smucker, told Food Dive he is “not happy” with the Slim Jim maker's performance and that divestitures of brands could be on the table.
Donald Prater, acting deputy commissioner of food, said the Trump administration is still making the definition a “priority.”
The upgrade, part of a $3 billion cost cutting effort, is critical because the company’s current network was built for a lower-volume era, executives said.
The launch comes after early success for the brand’s milk line, underscoring interest among younger consumers in plant-based options loaded with the popular nutrient.
Lawson Whiting, who led the company for seven years, will remain at the spirits giant until his successor is named.
The request could signal that the beverage giant is planning a new spicy offering after discontinuing Coca-Cola Spiced in 2024.
“We do expect some more pressure on the business from a commodity standpoint,” CFO Steve Schmitt said on an earnings call.
The companies entered a two-year agreement to jointly develop sustainable solutions for bakery and dairy alternative markets.
Bellring Brands named Michael Axelrod to lead the company as it looks to maintain its top spot amid increased protein shake competition.
The meat giant has also dropped targets for scope 3 emissions, which make up the bulk of its environmental footprint.
Conservation agriculture practices have short and long-term benefits, yet adoption lags.
Three manufacturers. Three different products. Same answer when asked about robotic palletizing: "should've done it sooner."