Three years out from the initial COVID-19 outbreak, consumers are just getting back to normal. Texas-based beverage giant Keurig Dr Pepper shared on a call with analysts Thursday (Feb. 23) discussing its fourth-quarter 2022 financial results that, even now, consumption trends continue to be impacted...
While reporting record revenue Wednesday (Nov. 2), global shipping giant Maersk nonetheless warned of “dark clouds” facing its industry. These clouds come in the form of Russia’s invasion of Ukraine, Europe’s energy crisis, continued high inflation, and the threat of a worldwide recession, Søren Skou,...
Consumers are increasingly looking to get as many of their needs as possible met online, and brands that fail to adapt risk falling behind. Consumer-packaged goods (CPG) giant Colgate-Palmolive, for one, has been looking to boost its digital performance across brands. The company has especially seen...
Coffee and soft drink stalwart Keurig Dr Pepper added its voice Thursday (Oct. 27) to a growing debate over consumers’ trade-down behavior, saying much of the inflation-motivated turn towards private labels that grocers have been observing is overstated. Instead, the company told analysts, it thinks...
November 02, 2022
While reporting record revenue Wednesday (Nov. 2), global shipping giant Maersk nonetheless warned of “dark clouds” facing its industry. These clouds come in the form of Russia’s invasion of Ukraine, Europe’s energy crisis, continued high inflation, and the threat of a worldwide recession, Søren Skou, Maersk’s chief executive, said in a news release. “This weighs […]