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Hormel Foods has agreed to sell its whole-bird turkey business to Life-Science Innovations, with the deal expected to close by the end of fiscal Q2 2026. The company said the move supports its strategy to reduce exposure to commodity-driven operations and expand value-added proteins.

The study reveals how this momentum is taking shape and highlights how awareness, motivation and messaging are influencing a new era of purpose-driven purchasing.

Anand will oversee long-term growth and margin expansion across Campbell’s snacks portfolio beginning Feb. 23, 2026. He succeeds Elizabeth Duggan, who is departing the company.

The build-to-suit project marks Brennan Investment Group’s fourth food-sector development, reinforcing demand for mission-critical processing capacity.

New research from Kroger Precision Marketing finds that while shoppers say they’re open to innovation, most stick to familiar habits. Flavor updates, strong in-store visibility and meaningful discounts play an outsized role in convincing consumers to try something new.

CJ Foods appointed Adam Ricciardone as global chief technology officer, tapping more than 30 years of FMCG and consumer health R&D leadership.

The Marzetti Company has agreed to acquire Bachan’s, a Japanese barbecue sauce brand, in a $400 million transaction. The move underscores growing demand for authentic global flavors and clean-label formulations across retail and foodservice.

US restaurant and foodservice sales are forecast to hit $1.55 trillion in 2026, with operators expected to add more than 100,000 jobs. Even as demand holds, margin pressure from labor, food and operating costs is accelerating investment in workforce development and technology.

Rodale Institute has announced the Hirshberg Research Endowment Fund to provide permanent support for its chief scientific officer and research priorities. The fund aims to strengthen long-term innovation, scientific integrity and growth across the organic agriculture sector.

7-Eleven has selected 26 early-stage brands to participate in its 2026 Brands with Heart showcase, offering founders a pathway to potential regional and national distribution. The cohort reflects rising demand for functional ingredients, inventive formats and brand-led innovation tailored to convenience retail.