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 a complementary reduction in prices. In a pre-Super Bowl video message posted to X Sunday (Feb. 11), Biden called on...
Kellanova — the company once known as Kellogg — said the spin-off of its cereal business is official. The company announced Monday (Oct. 2) that it had completed the separation, with WK Kellogg Co. now trading on the New York Stock Exchange, allowing Kellanova to focus...
To meet heightened demand amid the coronavirus pandemic, PepsiCo Inc. has unveiled the rollout of its Snacks.com and PantryShop.com direct-to-consumer (DTC) websites. The move comes as consumers increasingly turn to eCommerce to meet their food and beverage needs during the health crisis, per an announcement. Consumers...
For those seeking streetwear-themed food, there is a cornucopia of options. Ground zero seems to have been Taco Bell and Forever 21’s 2017 team-up to combine fast food and fast fashion into a single entity – fast-food fashion. The initiative got a lot of attention, sold a lot of...
April 23, 2024
PepsiCo is crediting its quarterly growth to resilient consumer behavior, especially on an international scale. The soda and snack food giant on Tuesday (April 23) released earnings showing 2.3% net revenue growth, while forecasting an additional 4% for the coming year. “I would say the consumer globally, we think, is very resilient,” Ramon Laguarta, PepsiCo’s chairman and CEO, […]
February 11, 2024
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 a complementary reduction in prices....
October 02, 2023
Kellanova — the company once known as Kellogg — said the spin-off of its cereal business is official. The company announced Monday (Oct. 2) that it had completed the separation, with...
May 11, 2020
To meet heightened demand amid the coronavirus pandemic, PepsiCo Inc. has unveiled the rollout of its Snacks.com and PantryShop.com direct-to-consumer (DTC) websites. The move comes as consumers increasingly turn to eCommerce...
