Food Industry

Adjusting product selections can help grocers weather policy changes that could negatively impact SNAP consumers, a Coresight Research report found.

The Minute Maid producer is a founding member of an MIT consortium that looks to solve “real-world problems” through artificial intelligence.

The C4 Energy drink maker, Bloom’s largest investor, said the deal will help it attract a broader customer base.

The CPG giant’s Magnum Ice Cream unit said the offering is “a proud part” of its business and it has no interest in selling the Cherry Garcia maker.

The food giant’s finance chief said a May allegation of “improper favoritism” ultimately led to two investigations and the CEO’s dismissal.

The funding announcement comes as the brand’s parent company appoints a new CEO and looks to gain cultural relevance as alcohol consumption declines.

The energy drink maker’s CEO said the appointments will help grow its namesake beverage, plus the recently acquired Alani Nu and Rockstar “from big brands into mega brands.”

The company surpassed the annual virgin plastic reduction goal it set in May, while inching toward a reworked long-term recycled content target.

The alcohol giant has built a presence in everything from non-alcoholic cocktails to energy drinks to attract more consumers and offset a decline in beer consumption.

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