Food Industry

The beverage giant is carving out its coffee business, which will focus on sourcing resiliency, manufacturing consolidation and logistics optimization.

Retail sales have soared nearly 30% during the last year as the Greek yogurt, coffee and creamer manufacturer benefits from demand for clean-label and protein-packed snacks.

Paul Chibe is taking the reins as the KeVita and Naked Smoothie owner faces financial difficulties following its spinoff from PepsiCo.

Dave Lewis will join the alcohol giant as the company struggles to turn around a slowdown in sales.

Rebecca Marmot is exiting her role and leaving the CPG giant after serving at the company for nearly two decades.

The private label food and beverage maker is being purchased by Investindustrial, a European investment firm. The deal is expected to close in the first quarter of 2026.

Resilience through data, growth and partnership in an unpredictable global supply chain.

The snack giant said its Thanksgiving-inspired launch is “the beginning of more shockingly delicious innovations,” while Boston Beer’s cannabis cocktail brand gets into gummies.

CIO Liam Durbin is preparing to roll out ChatGPT after strengthening the food company’s IT foundation, governance and data processes. 

The closures mark the latest response by the food and beverage giant to a slowdown in snack consumption and a shift toward healthier offerings.