Food Industry

The Oreo and Ritz maker reported 100% certified sourcing for palm oil and cocoa.

The executive restructure marks one of the first major moves by CEO John Brase to simplify the Slim Jim maker’s operations.

CEO Henrique Braun said the 5% volume increase, the brand’s largest in nearly 20 years, reflects how the beverage giant is using innovation and market insights to drive growth.

The food manufacturer intends to maintain high service levels, reassess its product mix and reduce days of inventory, executives said.

Ferrara is framing the jelly bean as an alternative to high-end chocolate, which has become a thriving category as consumers flock to premium offerings.

The USDA will remove restrictions placed to contain the spread of a deadly livestock parasite as the Trump administration looks to tamp down grocery inflation.

The company said it does not expect the disruption to have a material impact on financial performance or operations. 

CPG veteran John Ghingo will assume the top role on Oct. 26, telling Food Dive he has plans to “accelerate” investments in critical areas such as data and artificial intelligence.

The Jack Daniel’s owner said the proposal wasn’t “actionable” months after declining a separate offer from Pernod Ricard.

Shopper pullback has outpaced pricing growth and inflation, according to an analysis from Bain & Company and NielsenIQ.