Most Americans (70%) say they are extremely or very worried about rising grocery prices, and 78% said they are at least somewhat concerned about the impact of tariffs on the cost of imported food and ingredients.
This year, a record number of products – more than 400 total – were submitted for consideration in a variety of categories, with retail leaders specializing in these powerhouse categories serving as judges.
Kraft Heinz intends to continue its evaluation of strategic transactions to unlock shareholder value. The company has not set a timetable for completion of this process and does not intend to make any further announcements regarding the process.
The deal signals PepsiCo’s continued investment in functional, better-for-you beverages, expanding its portfolio with a Gen Z-favored brand rooted in gut health and social media savvy
This acquisition marks a significant step in PepsiCo's ongoing transformation of its portfolio, reinforcing its commitment to meeting evolving consumer preferences for great-tasting, functional products. poppi, a fast-growing prebiotic soda brand, is among PepsiCo's recent acquisitions, including Siete and Sabra, aimed at aligning with consumers' modern wellness priorities.
With more than two decades of experience in the consumer packaged goods, food, and wellness sectors, Stephenson brings a strong track record of leading high-growth brands through transformative expansion.
Aakre joined Hormel Foods in 1990 and held a variety of management positions for the company before being named vice president of marketing for grocery products in 2005.
Founded in 1950 by Mildred Reser, the company began as a small farmhouse kitchen potato salad business and has grown into one of the largest family-owned, prepared foods businesses in the US.
Leveraging the world's largest consumer data lake, with 61 billion global data points collected in real-time from social media, e-commerce, and foodservice menus, the AI platform delivers powerful insights into emerging flavors and ingredients, as well as category opportunities.
Over the past five years, Anheuser-Busch has invested nearly $2 billion in its 100 facilities across the country to enhance operations and advance technology
Anheuser-Busch is expanding its best-in-class Technical Excellence Center model – which has benefited more than 1,200 Anheuser-Busch employees since 2022 – across the country, starting with the launch of its new Columbus Regional Excellence Center, where it will upskill its entire regional technical workforce over the next three years.
Dr. Yep's appointment marks a pivotal step in CJ's evolution, bringing a combination of scientific expertise, commercial strategy and visionary leadership to the role.