US

Fever-Tree Sees Annual Core Profit Falling Short Of Market Expectations

British tonic maker Fever-Tree Drinks forecast annual core profit to fall short of market expectations, even as profit doubled in the second half on strong...

Bakkavor Optimistic After Profits Exceed Market Expectations In FY2023

Prepared food firm Bakkavor expects increased profitability in 2024 after its profits exceeded expectations in full-year 2023.

JDE Peet’s Announces Global Licensing Agreement With Caribou Coffee

Coffee giant JDE Peet’s has entered into a long-term global licensing agreement to manufacture, market and sell Caribou consumer and foodservice coff...

Walmart To Raise Annual Wages For US Store Managers

Walmart said that it will raise the annual average salary and bonus for its US store managers beginning 1 February, taking the average hourly wage at...

Sanpellegrino Rolls Out New Zero-Sugar Drinks In The US

Italian beverage company Sanpellegrino has launched a new line of zero-sugar sparkling drinks in the United States.

Kellanova Names Nicolas Amaya As President Of North American Unit

Packaged food maker Kellanova has named Nicolas Amaya president of its North America division.

Sofidel Acquires A Paper Mill In The US

European tissue paper maker Sofidel has acquired a paper mill from ST Paper, a Minnesota-based company, for an undisclosed sum.

Asahi Acquires Wisconsin-Based Octopi Brewing

Asahi Europe and International (AEI) has acquired Octopi Brewing – a contract beverage production and co-packing facility based in Waunakee, Wisconsi...