INDUSTRY NEWS
Coronavirus’ Effect on Restaurants Versus Retail
While restaurants continue to feel the weight of the pandemic, retailers are still benefiting. Nearly…
Large CPG Companies Continue to Pivot
Kraft Heinz plans to cut $2 billion in costs over five years, reported The Wall…
Automation in the Age of Coronavirus
The COVID-19 pandemic is accelerating a trend towards automation, according to a report from the…
Plant-Based Continues into Mainstream
CPG companies have been expanding their plant-based offerings to compete with brands such as Impossible…
Investments in Cold Storage Grow During Pandemic
Cohen & Steers invested approximately $100 million in Lineage Logistics, a temperature-controlled logistics solutions company.…
Regenerative Agriculture Movement Gains Traction
Cargill is supporting farmer-led efforts to adopt practices and systems foundational to regenerative agriculture practices…
Why is Big Business Interested in TikTok?
TikTok, a platform where some 50 million U.S. daily users share short-form videos, has been…
Meat Prices Drop Following Spring Shortages
Despite shortages this spring, supermarkets are now selling meat for lower prices as supplies are…
World’s Biggest Plastic Producers Accused of ‘Hypocrisy’ Over Pledges
Coca-Cola, PepsiCo, and Nestlé made public pledges to cut plastic while undermining sustainability reforms behind the scenes through lobbying…
Major Food Companies Aim to Reduce Emissions
Several food companies are looking to set a good example for the industry by creating…
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