Food

US Consumer Prices Increase As Expected In July

US consumer prices rebounded as expected in July, but the trend remained consistent with subsiding inflation and did not change expectations that the Feder...

Norwegians Spent 12.9% More On Cross-Border Trade In H1 2024

Norwegian shoppers spent NOK 5.1 billion on trips across the border during the first six months of 2024, or 12.9% more compared to the same period last yea...

Cargill Internal Memo Describes Structural Overhaul To Streamline Company

Cargill will undergo structural changes after missing internal earnings goals, with plans to streamline operations into three units instead of five.

Monster Beverage Misses Quarterly Sales Estimates As Economic Fears Slow Demand

Monster Beverage missed market expectations for second-quarter sales as budget-conscious consumers kept a tight lid on spending.

Beyond Meat Beats Revenue Estimates On Gains From Price Hikes

Beyond Meat beat estimates for second-quarter revenue and raised the lower end of its sales forecast for the year.

Food And Grocery Spend Up 42% In Paris During Olympic Games

Spending on food and groceries was up 42% in Paris over the first weekend of the Olympic Games, new data from Visa has shown.

WK Kellogg To Streamline Production As Slowing Demand Pressures Sales

WK Kellogg plans to completely shut down its Omaha, Nebraska, plant by the end of 2026 under a reorganisation that will also reduce the cereal maker's head...

Food Giant Mars Exploring Acquisition Of Kellanova, Sources Say

Packaged food giant Mars, whose candy brands include M&M's and Snickers, is exploring a potential acquisition of Kellanova, maker of snacks such as Che...