Starbucks announces new CEO 09.02.2022 By Keith Nunes Laxman Narasimhan will take over in April 2023.Read More
Hormel Foods’ business affected by increase in HPAI 09.01.2022 By Keith Nunes Executives addressed the latest outbreak during a conference call to discuss its third quarter financial results. Read More
Beyond Meat faces sales dilemma 08.09.2022 By Keith Nunes The meat alternative company slashes sales outlook for the year.Read More
Maple Leaf Foods ‘rightsizes’ meat alternative business 08.08.2022 By Keith Nunes The Canadian company does not see previously forecasted levels of demand materializing.Read More
How Conagra Brands will revamp its supply chain 08.05.2022 By Keith Nunes The company plans to reduce its number of distribution centers by 50%.Read More
Maple Leaf Foods cites work shortage as main issue in Q2 performance 08.05.2022 By Keith Nunes People, pork and pricing impacted many results in the meat section of the company.Read More
McDonald’s McPlant test closes 08.01.2022 By Keith Nunes The future of the fast-food chain’s plant-based burger is not known.Read More
Consumer trend of trading down affects, benefits McDonald’s 07.28.2022 By Keith Nunes Price increases improve comparable sales as consumer traffic in the United States is flat.Read More
Inflation disrupts Walmart’s profit outlook 07.27.2022 By Keith Nunes Operating income forecast to fall 11% to 13% during fiscal year 2023.Read More
Domino’s Pizza describes driver shortage 07.26.2022 By Keith Nunes Labor issues are impacting operations, especially around delivery.Read More