Kraft Foods chairman and CEO Irene Rosenfeld has insisted that the US food giant's "very, very strong, iconic brands" and its marketing plans will help the company convince retailers to increase prices in the face...
PepsiCo has said that it expects a "highly competitive environment" in 2011, with commodity costs remaining a "major headwind" for the snacks and beverage giant.
US cereal-to-pasta group Ralcorp Holdings is aiming to "accelerate" the rate at which it pushes through price increases to offset soaring commodity costs.
Unilever will increase its prices at a more "rapid rate" in 2011 as it continues to look to offset rising commodity costs, concerns over which hit the company's share price today (3 February).
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