Nestle has conceded that it is facing some significant challenges in the US frozen category. However, comments at the firm's investor day this week would seem to suggest that the world's largest food company has set out a roadmap for how to "fix" lacklustre brands such as Lean Cuisine. Katy Askew reports.
Nestle has announced a deal to sell-off the bulk of its Jenny Craig weight management business for an undisclosed sum. The move comes as the Swiss food giant looks to become a "more agile" organisation and it seems likely that further disposals could be on the horizon. Katy Askew reports.