Guinness owner Diageo targets $1B in cost savings
The three-year turnaround plan, which includes job cuts, will boost investments in Guinness and successful RTDs.
The three-year turnaround plan, which includes job cuts, will boost investments in Guinness and successful RTDs.
Higher-impact media partnerships and stronger creative are leading to “green shoots” for its brands in the U.S., executives said.
The USDA will need to rewrite labeling standards for bioengineered foods by 2028 after a judge ruled against exemptions for highly refined ingredients.
Shoppers’ desire for drinks that match specific needs is reshaping the category, FMI found.
Topics: Grocery
Entities: Grocery
The Ortega and Crisco owner has named Tractor Supply executive Robert Mills to replace Casey Keller.
All of the cereal giant’s products will soon use dyes from natural sources, with shipments to retailers expected to begin by the end of 2026.
Companies focused on clean-label ingredients and high-protein made up the bulk of acquisition activity as big brands strategically capitalize on new trends.
The Pernod Ricard brand will have exclusive marketing rights as the official spirits sponsor of the league, which is continuing its international push.
Topics: CPG
Entities: CPG
While sales directly from brands' digital platforms are unlikely to ever top brick-and-mortar, they allow food manufacturers to connect with consumers and test new products.
The food giant is bringing its Alvalle gazpacho brand to the U.S. as it looks to expand in fresh snacks and meals.
Topics: CPG
Entities: CPG
A judge ruled the complaint could continue after the FDA said allulose counted as a sugar despite past enforcement discretion guidance.
Nissin Foods expects to record increased fill rates and improved forecasting accuracy by using an AI-powered demand and supply planning tool.