Food Industry

Beer remains big, but other subcategories are getting battered by a years-long slump in booze sales, experts say.

Celleste Bio’s cell-cultured cocoa butter could replace the most expensive ingredient in the chocolate-making process as companies navigate long-term supply challenges.

CEO Philipp Navratil said the Lean Cuisine maker will be “ruthless” in assessing talent as it looks to slash 6% of its workforce and drive $3.8 billion in savings.

The grocer’s own brands are playing a key role in helping the company connect with value-focused shoppers and boost its long-term profitability, its CEO said.

The beer company said certain departments would be redesigned and some employees would move to its Heineken Business Services unit.

The Mark Anthony Group-owned brand’s assertion that the professional athlete is a founder of the brand has hurt Prime’s sales, the lawsuit said.

Ricky Khetarpaul, who recently served as the chief financial officer at kombucha brand Health-Ade, joins the fast-growing water brand as it seeks to break into new beverage categories.

The Popsicle and Klondike owner will become the world’s largest frozen novelty maker in November, benefiting from its diverse portfolio and focus on a single category.

The law is the first in the U.S. to set a legal definition of the term, which has become a growing target of the “Make America Healthy Again” movement.

The Food and Drug Administration recalled nearly 85 million units through the first half of the year and managing this organic waste can be complicated.