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Dominic Brisby gears up for “sizable price increases” to recapture value market share.
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In an update issued yesterday (26 February), the FDA said no new cases have been reported since 10 December.
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The Hostess owner, battling falling sales from that part of its business, has lowered its long-term expectations for the division.
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Apetit said the factory’s “investment needs for basic renovations and replacement investments in production equipment remain significant and clearly exceed the amount of previous investments”.
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It would be a mistake to view Kraft Heinz as an isolated case, Victor Martino writes. The structural pressures it faces are widely shared in CPG.
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The US administration will now seek to replicate the tariff landscape Trump pursued under IEEPA with alternative trade statutes.
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Boosting sales in the UK remains the top growth priority for all food and drinks businesses, according to the report.
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Starting 26 February, arachidonic acid oil imports from China will face “special” entry conditions in the EU.
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