Conagra to invest $125M in supply chain resilience
The food manufacturer intends to maintain high service levels, reassess its product mix and reduce days of inventory, executives said.
Topics: Supply Chain
Entities: Supply Chain
The food manufacturer intends to maintain high service levels, reassess its product mix and reduce days of inventory, executives said.
Topics: Supply Chain
Entities: Supply Chain
Ferrara is framing the jelly bean as an alternative to high-end chocolate, which has become a thriving category as consumers flock to premium offerings.
The company said it does not expect the disruption to have a material impact on financial performance or operations.
CPG veteran John Ghingo will assume the top role on Oct. 26, telling Food Dive he has plans to “accelerate” investments in critical areas such as data and artificial intelligence.
Topics: CPG
Entities: CPG
The Jack Daniel's owner said the proposal wasn’t “actionable” months after declining a separate offer from Pernod Ricard.
Shopper pullback has outpaced pricing growth and inflation, according to an analysis from Bain & Company and NielsenIQ.
Topics: Grocery
Entities: Grocery
The offerings, which contain up to 28 grams of protein and feature some of the soup’s most popular flavors, bring the brand into a new part of the store.
Topics: CPG
Entities: CPG
Automation is transforming food and beverage distribution for speed, accuracy and growth.
Topics: Supply Chain
Entities: Supply Chain
The transaction creates a newly independent company called Peranel, which will house brands such as S.Pellegrino and Source Perrier.
The Kraft Heinz brand is positioning the innovation as a cheaper alternative to other options on the market, while Pringles collaborates with Buffalo Wild Wings on sauce-inspired chips.
Topics: CPG
Entities: CPG
The spice giant disclosed its new executive team after its $44 billion acquisition made some investors "squeamish," according to one analyst.
The transaction expands the fast-growing company into super-premium offerings.