As this period of inflation stretches on, Campbell’s is seeing budget-constrained consumers beginning to give up the convenience of prepared meals in favor of more affordable home cooking options. The Campbell Soup Company shared Thursday (Aug. 31), on a call with analysts discussing its fourth-quarter...
Inflation has caused consumers to reconsider their spending, which has lifted Campbell’s prepared food sales. This, as the food company announced Wednesday (Dec. 7) in a presentation accompanying its first quarter FY2023 earnings report that consumption of its ready-to-serve soups is up 9% year over year and 18% relative...
For many more Americans than usual, COVID-19 woes mean that “soup’s on!” Now, the Campbell Soup Company’s top executive predicts that his company’s products will keep moving right off the shelves, even as U.S. lockdowns ease. When the COVID-19 crisis hit, consumers hunkered down by...
In today’s top payments news, car sales in China plummeted 80 percent last month due to the coronavirus outbreak, and Wells Fargo will give customers who use Apple Pay at the ATM $5 back. Also, CFPB is investigating Fifth Third Bank for allegedly opening fake...
March 05, 2020
When the going gets tough, the tough — buy soup, apparently. And lots of it if recent reports from last weekend are to be believed and Americans are rushing to stores and clearing the shelves of soup and other canned goods. Consumers are apparently hoarding as they prepare to hunker down in preparation for the continued spread […]
June 03, 2020
For many more Americans than usual, COVID-19 woes mean that “soup’s on!” Now, the Campbell Soup Company’s top executive predicts that his company’s products will keep moving right off the shelves, even as U.S. lockdowns ease. When the COVID-19 crisis hit, consumers hunkered down by stocking up on Campbell Soup products, leaving many shelves bare. […]
March 05, 2020
When the going gets tough, the tough — buy soup, apparently. And lots of it if recent reports from last weekend are to be believed and Americans are rushing to stores and...
May 25, 2017
A new three-year partnership between Campbell Soup Company and online meal marketplace Chef’d will be serving up success for both companies. The two have complementary visions of how the food...
