Packaged Food

Nestlé Announces Restructuring, Misses Nine-Month Organic Sales Forecast

Nestlé has announced it is revamping senior leadership and its operating structure, cut its full-year sales outlook and reported worse-than-expected...

Former Amazon India Head Nominated To Lead Nestlé's India Operations

Nestlé India's Swiss parent is betting on former Amazon India head Manish Tiwary to steer the packaged foods giant's unit.

Conagra Sales Squeezed By Private-Label Shift; Sees Little Impact From Ports Strike

Conagra Brands fell short of Wall Street estimates for first-quarter results as budget-conscious consumers switched to lower-priced alternatives.

PepsiCo To Buy Tortilla-Chip Maker Siete Foods For $1.2bn

PepsiCo is in advanced talks to acquire tortilla-chip maker Siete Foods for more than $1 billion, the Wall Street Journal reported.

General Mills Posts Smaller Drop In Quarterly Sales Than Expected

General Mills posted a smaller-than-expected drop in quarterly sales, benefiting from improved demand as the Cheerios maker cut prices for some of its prod...

General Mills To Sell North America Yoghurt Operations To Lactalis, Sodiaal In $2-bn Deal

General Mills is in talks to sell its US and Canadian yoghurt operations to French dairy firms Groupe Lactalis and Sodiaal, respectively, Bloomberg News ha...