Several major food companies recently reported earnings, beating analyst expectations. Chipotle Quarterly same-store sales growth was more than 8% at Chipotle Mexican Grill, with digital sales more than tripling, reported CNBC (Oct. 21). However, a shift to delivery …
An insider says Nestlé SA will sell some of its American water brands, which include Pure Life, Poland Spring, and Deer Park, reported Reuters (Oct. 15). The brands being sold, which also include Deer Park, …
Coca-Cola is discontinuing its Zico coconut water brands, reported The Wall Street Journal (Oct. 4). The decision to halt production of the drink by the end of the year “comes at a time when [the …
Coca-Cola, PepsiCo, and Nestlé made public pledges to cut plastic while undermining sustainability reforms behind the scenes through lobbying groups and trade associations, a report from Changing Markets Foundation claims. It accused the world’s largest plastic polluters of hypocrisy, …
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 …
Food Institute Focus – Coca-Cola to Join Hard Seltzer Craze
Food Institute Focus – More SKU-Rationalization Hits Manufacturers
Today’s health-conscious consumers are searching for beverages that help support their overall wellness while still tasting good. Healthier categories have taken off in response, with the better-for-you beverage segment accounting for $125 billion in annual …
Food Institute Focus – Lawsuits Over ‘Low Sugar’ Claims Abound
Food Institute Focus – Snacks and Soda Sales Soar
Food Institute Focus – Coca-Cola Debuts Caffeinated Sparkling Water
Food Institute Focus – Top Plastic Waste Polluters Revealed
