During the financial crisis of 2008-09, the idea of a “bad bank” came into vogue. With financial institutions worldwide weighed down by non-performing mortgages, industry professionals argued that the proper path was to simply move …
With price hikes easing and food company earnings strong, it appears resilient consumers aren’t going anywhere – yet.
Nestle SA recently announced that only 30% of its portfolio is considered healthy after conducting a self-assessment using the Health Star Rating (HSR) system. The rating test also showed that a third of Nestle’s sales …
Beyond Meat reported third quarter earnings on Wednesday afternoon, and they were disastrous. Revenue declined 22.5% year-over-year … and that wasn’t even the worst news.
New flavor trends are emerging at the intersection of persistent food inflation and pent-up consumer demand leftover from COVID lockdowns.
Here are key stats on what, and where, Gen Z is eating these days, according to Piper Sandler’s Fall Taking Stock with Teens survey.
Recent food recalls illustrate a “disturbing” lack of food safety culture, according to Dr. Vanessa Coffman. One in six Americans fall ill from foodborne illness annually these days. Making matters worse, the public is often …
This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the prospects of a looming recession, rising gas prices, and more. The Food Institute Podcast · FI Fast Break News – June 22, …
For Earth Day, The Food Institute takes a closer look at recent industry efforts to meet the growing sustainability expectations of consumers. RETAILERS Sam’s Club recently revealed new sustainability efforts for its Member’s Mark private-label …
More major CPG companies are playing in plant-based, flagging the alt-protein category as a potential catalyst for growth. But industrywide, the depth of that value is not easily measured in broad strokes. “When you factor …
Nigel Hughes had an uncomfortable thought at the outset of the coronavirus pandemic. The SVP of global research and development at The Kellogg Company feared his company might struggle in the snack space amid pandemic lockdowns, since …
Around 1,400 Kellogg workers went on strike at the company’s U.S. cereal plants on Tuesday, bringing work to a halt. The strike includes plants in Omaha, Nebraska; Battle Creek, Michigan; Lancaster, Pennsylvania; and Memphis, Tennessee, …
The food industry took major hits throughout the pandemic. In the aftermath, internal and external wage disparities continue to exacerbate labor issues industrywide. In 2020, median food industry employee compensation was $33,392, down 0.7% year …
This week, in The Food Institute’s quick-hitting, audio news podcast, we break down food shortages, a spike in organic food sales, and the recent uptick in automation. The Food Institute Podcast · FI Fast Break …
Most the world’s largest meat and dairy companies haven’t made commitments to achieve net-zero emissions by 2050. Researchers from New York University noted in a recent study that the largest meat and dairy producers are …
Kellogg plans to shift its manufacturing electricity sources to over 50% wind energy globally by the end of 2022. The ambitious goal speaks to growing social and environmental concerns within the food industry. The company signed a long-term …
CPG companies have been expanding their plant-based offerings to compete with brands such as Impossible Foods and Beyond Meat. The Kellogg Co. partnered with Walt Disney Co. to launch Mickey-Mouse shaped Incogmeato chick’n nuggets, reported MarketWatch (Sept. …
Food Institute Focus РKellogg Invests in ‘Promising Brands’ to Boost Sales
