CPG

Kellogg Files for Split as Food Companies Bite Off More Than They Can Chew
Kellogg Files for Split as Food Companies Bite Off More Than They Can Chew
July 25, 2023  |  Business

The Kellogg Company is getting closer to splitting off its cereal company, as packaged food giants become so massive that it can be hard to...

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Unilever Says Inflation Past Peak as Sales Climb
Unilever Says Inflation Past Peak as Sales Climb
July 25, 2023  |  Earnings

Consumer packaged goods giant Unilever believes inflation has reached its peak. The company’s finance chief made that observation Tuesday (July 25) as Unilever reported its quarterly earnings, which...

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Grocery Shrinkflation Adds to Shopper Frustration
Grocery Shrinkflation Adds to Shopper Frustration
July 24, 2023  |  Economy

As food prices rise, many consumer-packaged goods (CPG) brands seem to be reducing the amount of product per package, and consumers are taking note. In...

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Panera Seizes on Ready-to-Eat Trend With Grocery Loyalty Tie-In
Panera Seizes on Ready-to-Eat Trend With Grocery Loyalty Tie-In
June 29, 2023  |  Restaurant innovation

As consumers increasingly purchase ready-to-eat meals where once they would have ordered food for takeout, Panera Bread is taking an “if you can’t beat ‘em,...

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Is MrBeast’s Pivot From Burgers to CPG Bad News for Influencer-Helmed Brands?
Is MrBeast’s Pivot From Burgers to CPG Bad News for Influencer-Helmed Brands?
June 21, 2023  |  Restaurant innovation

As virtual restaurant companies tap influencers’ wide audiences to generate hype in the absence of physical touchpoints, blockbuster YouTuber MrBeast (162 million subscribers) appears to...

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Consumers Pick Cheaper Merchants for Snacks, but Many Remain Brand Loyal
Consumers Pick Cheaper Merchants for Snacks, but Many Remain Brand Loyal
May 09, 2023  |  Retail

With consumers buying more snack foods of late, according to major brands, PYMNTS research reveals they are looking for cheaper ways to get their fix...

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Mondelēz: Chocolate Sales Jump 18% as Consumers Seek Affordable Comforts
Mondelēz: Chocolate Sales Jump 18% as Consumers Seek Affordable Comforts
April 27, 2023  |  Earnings

Amid consumers’ economic anxieties, Mondelēz is seeing chocolate sales rise significantly. Chicago-based multinational snack and confectionery giant Mondelēz International, parent company of a wide range of popular...

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White Castle Launches Beer as Restaurants Enter Grocery Stores
White Castle Launches Beer as Restaurants Enter Grocery Stores
March 30, 2023  |  Retail

As restaurants expand their grocery store offerings, White Castle is doubling down on branded beer. On Thursday (March 30), the quick-service restaurant (QSR) chain announced...

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PepsiCo Sees Consumer Preferences Shift Toward Name Brands
PepsiCo Sees Consumer Preferences Shift Toward Name Brands
February 09, 2023  |  Earnings

After months of opting for private-label, consumers are turning back toward name brands, PepsiCo says. The food, snack and beverage giant said Thursday (Feb. 9)...

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