Telegram CEO calls out Apple for App Store’s ‘obscure’ review process that is reportedly delaying the messaging app’s latest update
Puma and Coca-Cola are collaborating to celebrate their long heritage through a nostalgic collection.
ESM’s Three Cents complements Coca-Cola HBC’s existing adult sparkling beverage portfolio, which includes Schweppes and Kinley.
Defiance mounts as the EU sends increasingly mixed signals on accountability for rule of law foibles
Mondelēz packages will now state the 34 percent wheat flour for its Premium Saltines, and 44 percent for Ritz.
Beginning October, Hormel’s internal segments will consist of Retail, Foodservice, International, and Brand Fuel.
Macau has seen its casino industry sales shrink by a whopping 95 percent following China’s rigorous zero-COVID-19 policy, setting an all-time low record ever since statistics were made available in 2009.
Burger King hasn't publicly acknowledged this significant change yet, and its not known how or if the chicken is any different on the new sandwiches.
Kellogg split plays positively on Wall Street
Kellogg Co.’s stock price rose over 5 percent immediately following its announcement that it will be splitting into three companies, focused on snacks, plant-based foods, and breakfast cereal.
Wall Street analysts claim that even though the stock dropped again after the Kellogg announcement, food equities as a whole increased.
The method employed by Kellogg fits into a developing pattern of increased snack intake. According to Mintel data, half of the consumers between the ages of 35 and 54 believe that snacking is healthier than eating three meals regularly throughout the day.
Sales for Kellogg's snacks division were $11.4 billion last year, much above those of the other two spinoff units.
The breakup of Kellogg has also sparked interest in comparable actions among large food corporations with broad product lines. As smaller units become more nimble to adapt to trends and events, such actions typically acquire flexibility.
The trade-off is that, in some situations, the smaller businesses do not profit as much from economies of scale as the larger ones did.