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CPG Brands Continue to Profit as Consumers Stay Home

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 …

Will Pepsi’s Driftwell ‘ScaleWell’?

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 …

Major Food Companies Aim to Reduce Emissions

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 …

World’s Biggest Plastic Producers Accused of ‘Hypocrisy’ Over Pledges

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, …

Beverage Companies Lean into Health

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). …

Food Companies Make More Job Cuts

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 …