McCormick & Company is using D2C to test flavors that could draw new customers into the fold. On an earnings call with analysts Tuesday (March 28), the flavorings giant said consumers are looking for both novel tastes and quick, easy food options. “We’re launching new...
Smaller grocers are again caught between consumers and prices as major brands pass on their commodities costs. Shoppers globally are expected to pay even more for branded food items in the coming year as packaged goods production expenses remain high, Reuters reported Wednesday (Feb. 8)....
As CPG brands debate whether inflation is easing or intensifying, Mondelēz expects more challenges ahead. Snack and candy giant Mondelēz International, parent company of a wide range of popular brands including Cadbury, Oreo, and Trident spoke to this outlook on a call with analysts Tuesday (Jan....
After months of trade-down to private-label groceries, McCormick said shoppers are returning to name brands. The spices and flavorings giant, which brings in more than $6 billion in sales per year and operates in more than 170 countries and territories, noted that, after seeing trade-down...
February 08, 2023
Smaller grocers are again caught between consumers and prices as major brands pass on their commodities costs. Shoppers globally are expected to pay even more for branded food items in the coming year as packaged goods production expenses remain high, Reuters reported Wednesday (Feb. 8). Manufacturers, in turn, are projected to increase item prices until […]
August 03, 2021
International Finance Corp (IFC) is teaming up with McCormick & Company and Citi to advance social and environmental sustainability by offering financial incentives to suppliers. The initiative has already rolled out in Indonesia and Vietnam, and plans are in place to introduce the incentive program to more countries. It gives suppliers the opportunity to get […]
