Is Beyond Meat Beyond Repair?
Investors appear to have soured on Beyond Meat, sending its stock price from a $160.28 to as low as $35.74 in the last year, as competition in the alternative-meat sector has increased and the company’s …
Investors appear to have soured on Beyond Meat, sending its stock price from a $160.28 to as low as $35.74 in the last year, as competition in the alternative-meat sector has increased and the company’s …
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 …
The carbonated beverage category continues to evolve as low – or no-sugar attributes resonate with consumers and manufacturers pivot their traditional soft drink presentation accordingly. “The narrative is changing from ‘diet’ beverages to ‘no sugar,’” …
With ESG topics becoming increasingly important to consumers, food companies are noticeably increasing their efforts. Below are a few recent examples of new ESG initiatives in the industry. MCCORMICK ADVANCES SUSTAINABILITY STANDARD McCormick & Company …
One of America’s favorite sodas is getting a boozy makeover. The Boston Beer Company and PepsiCo are teaming up to produce an alcoholic version of Mountain Dew called HARD MTN DEW. The new drink will …
PepsiCo has announced plans to sell Tropicana, Naked, and other juice brands across North America to private equity firm PAI Partners for about $3.3 billion. The soda giant is just the latest such company to …
After nearly three weeks, the Frito-Lay worker strike has ended in Kansas. Employees in Topeka, Kansas have ratified a revised contract addressing what union leaders previously described as a diminished quality of life due to …
George Floyd’s death sparked nationwide protests and ultimately served as a catalyst for anti- discrimination efforts. Many companies also responded by releasing statements against racism. And some took action, setting quantifiable goals to increase diversity …
As people spent more time at home during the pandemic, snacking rose significantly as a means to ease sadness, boredom, and stress. In fact, the average U.S. consumer reported eating 37% more snack foods and …
As sustainable practices become increasingly important to today’s consumers, food brands are making their environmental goals and initiatives clear. In honor of Earth Day, here’s a closer look at companies taking steps to become more …
The plant-based protein trend continued to gather momentum this week, when Beyond Meat and PepsiCo announced a joint venture to sell snacks and drinks made from plant-based protein. A WIN-WIN FOR TWO MAJOR PLAYERS The …
While diversity in leadership roles in the food industry has historically been lacking, companies today are making the business case for inclusion and upping their commitment to advance racial equality. For instance, the Multicultural Foodservice …
Several CPG brands recently released quarterly earnings, displaying high demand for snacks and ingredients as consumers cook at home. PepsiCo Quarterly sales for PepsiCo grew by more than 5%, fueled by higher sales of …
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 …
Several food companies are looking to set a good example for the industry by creating eco-friendly initiatives to become more sustainable—particularly when it comes to emissions. Walmart Big retailer Walmart is aiming for zero emissions …
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, …
Several beverage brands are launching new products that have a stronger focus on consumer health. PepsiCo is launching a new drink called Driftwell to aid sleep as consumers struggle with stress, reported CNBC (Sept. 14). …
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 …
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