Beyond Meat shares plummeted 22% in after-hours trading following the release of the company’s third quarter results, reported Yakima Herald Republic (Nov. 9). The company noted U.S. retail sales of Beyond Meat slowed in the …
PepsiCo. Inc.’s PR tease for the Driftwell sleep aid beverage represents the company’s latest new brand creation since Bubly. Launching new trademarks has a very checkered history at public firms. Most of these launches quietly …
Cargill is supporting farmer-led efforts to adopt practices and systems foundational to regenerative agriculture practices across 10 million acres of North American farmland over the next 10 years. The initiative will focus on row crop …
Cohen & Steers invested approximately $100 million in Lineage Logistics, a temperature-controlled logistics solutions company. The firm made the investment on behalf of several mutual funds with the belief that the market is in the …
Friday and Saturday night takeout is emerging as a lasting trend during the pandemic, according to Technomic. Research found that off-premise meals on Friday and Saturday nights accounted for 24% of overall sales in the …
A growing amount of large food companies—particularly in manufacturing and foodservice—are continuing to restructure, making more job cuts in response to the coronavirus pandemic. Most recently, Coca-Cola laid off thousands of workers, offering voluntary deals …
