TreeHouse Foods sells bulk of meal prep unit to Investindustrial for $950m
The categories to be sold off include pasta, dressings, preserves, sauces, syrup, dry blends and baking.
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How should US food firms act when inflation bites?
Overall food prices, from groceries to dining out, rose 1.1% in July from June 2022.
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Hormel Foods reveals strategic rework
The Jennie-O Turkey Store owner suggested it is “aligning its businesses to be more agile".
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TreeHouse Foods exudes confidence in private label over prior downturns
TreeHouse Food sales benefited from pricing with final move planned for third quarter.
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How AI can aid the food industry – and workers
Despite fears for jobs, proponents of AI say it can benefit food manufacturers and complement existing staff.
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Kellogg doubles sales growth outlook on snacks demand, cereal recovery
Kellogg expects “high teens” input-cost inflation for the full year, and spill-over into 2023.
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Changes lined up for Nutri-Score labelling scheme
They include modifications around sugar, salt and protein content.
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CEO pay gap will undermine stakeholder ethos
The integration of ESG into corporate reporting may well make the issues around CEO pay more problematic for companies today…
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