Dark Chocolate Outlook: Soaring Cost of Cocoa Challenges Candy Makers

Cocoa prices are nearly 65% higher than they were one year ago, and New York futures prices have hit a 46-year high.

Survey: Retailers Must Strategize to Maximize Potential Amid Inflation

If inflation continues to rise, 57% of retailers will continue to boost everyday prices, according to a new survey. Should this occur, retailers need to take care as they chart their path forward.

The Implications of Higher Inflation and COVID-19 Infection Rates for the Food Industry

Here are trending economic and food industry data points, as well as major economic and company earnings releases for the coming week: higher inflation and COVID-19 infection rates, public health policy changes, vaccine passport, the …

2020 Referendums Backed by Big Money Deliver Victory and Loss for Food Industry

In 2020 election referendums, voters approved two milestone initiatives that amount to a win and loss for food-industry companies in two states. California workers with app-based ride-hailing and delivery services will remain independent contractors after …

Food Companies Shifting From Investors to Owners of Startups

Industry heavyweights are taking ownership of the startups they invested in. Nestle has gone from stakeholder to full ownership of Freshly, a company that delivers fresh, chef-cooked meals to customers on a weekly basis. The …