Publix Super Markets and Darden Restaurants are collaborating with other retailers to create a Merchant Customer Exchange digital wallet for consumers, the
PepsiCo said it is discontinuing its existing low-calorie G Series Fit line of Gatorade products after disappointing sales but plans to revamp the line for a 2014 relaunch, MarketWatch said.
Fairway Market, which is going public to raise funds for expansion, might be the first New York company to take advantage of the JOBS Act, which simplifies the process of raising funds from private investors,
While some retailers and CPG companies have banned genetically modified sweet corn, Walmart told the media it will not restrict sales of Monsanto’s genetically modified sweet corn, the
Boar's Head pushed its way to the top of the premium deli meat category through aggressive sales and distribution tactics, which have included blocking competitors,
Kraft Foods, which will spin off its grocery business Oct. 1, reported net income of $1.03 billion in the second quarter, up from $976 million in the year-ago period, while sales fell to $13.29 billion due partly to calendar changes and a strong U.S. dollar, Reuters said.
Austin, Minn.-based Hormel Foods, perhaps best known for its Spam brand, is working to broaden its image with new product offerings such as Jennie-O turkey burgers and Mexican salsa through a joint venture with Chi-Chi's and La Victoria brands,
Cal-Maine Foods reported a 400 percent increase in fourth-quarter net earnings as the company's specialty-egg sales took off, but the egg producer expects rising feed costs to impact profits in the near future,
Supervalu said Monday it has fired CEO Craig Herkert and assigned Chairman Wayne Sales to head the company's turnaround effort, which could include a sale of all or part of the company, the Associated Press reported.