Starbucks laying off 1,100 employees 02.24.2025 By Michael Costa The layoffs won’t affect store-level employees.Read More
PepsiCo responding to health and customization trends 02.21.2025 By Michael Costa The company also is incorporating Lays and Tostitos into culinary applications.Read More
Hershey partners with Vitakey 02.21.2025 By Michael Costa The initiative addresses a growing area of consumer interest.Read More
Wendy’s sees success in menu innovation 02.18.2025 By Michael Costa Commodity inflation may impact the company in 2025.Read More
McDonald’s eyes 2025 growth after challenging year 02.11.2025 By Michael Costa The company says last year’s e-coli outbreak is behind them.Read More
Hershey preparing for cocoa price impacts 02.07.2025 By Michael Costa But company has no concerns about the global physical supply of cocoa.Read More
Darden sees improved restaurant sales 12.30.2024 By Michael Costa Darden’s four largest brands all generated positive same-restaurant sales for the quarter. Read More
Lamb Weston earnings drop, lowers fiscal targets for 2025 12.23.2024 By Michael Costa Sales and volume for the potato processor declined due to continued foodservice struggles.Read More
Michael Smith appointed CEO of Lamb Weston 12.20.2024 By Michael Costa Michael Smith is the company’s current COO and will replace outgoing CEO Thomas Werner in January.Read More
Consumer perception of food value shifting 12.18.2024 By Michael Costa Food labeling is also a challenge for many shoppers, according to Datassential’s 2025 Trends Report.Read More