The key takeaway from the Consumer Price Index (CPI) released Wednesday (Dec. 11) is that the pace of inflation pace quickened in November, as reported...
Consumer packaged goods giant Mondelēz is reportedly considering a deal to acquire chocolate brand Hershey. That’s according to a report Monday (Dec. 9) by Bloomberg...
Only time will tell if the slight bump in inflation — measured by the latest Consumer Price Index for October and released by the Bureau...
Cautious lower-income consumers and slower restaurant sales are squeezing Kraft Heinz. The packaged food product company on Wednesday (May 1) released earnings showing a 1.2% drop in...
President Joe Biden wants snack food companies to end the practice of shrinkflation. That is the term for when businesses reduce the size of a product without...
Walmart’s shares reportedly reached an all-time high Friday (Nov. 3), with investors betting on its ability to thrive during the holiday season. This peak, at...
British sandwich and coffee chain Pret A Manger is set to expand its monthly coffee subscription service to the United States and France, according to a...
In an effort to gain share of consumers’ grocery spending both from traditional brick-and-mortar grocers and from aggregator rivals such as Instacart, DoorDash is expanding...
ByteDance, the parent company of popular social media app TikTok, is on a mission to become China’s next “everything app” to rival the success of WeChat by Tencent. ...