As CPGs can no longer guarantee price increases as a surefire way to maintain positive margins, they’re looking to other solutions. Premiumization and brand acquisitions are two methods stakeholders will leverage in the coming year.
Panera CEO Jose Alberto Dueñas stepped down from his role as CEO today, with current CFO Paul Carbone taking his place until a permanent position holder is found. What could this mean for the future of the chain?
Conagra is reportedly exploring the sale of its Chef Boyardee brand, a once-dominant player now struggling amid shifting consumer preferences for healthier options, as many similar legacy brands face limited growth prospects.