CPGs

CPG

Kellogg to Spin Off Its North American Cereal, Plant-Based Foods Businesses

The Battle Creek, Mich.-based CPG company is creating three independent public companies to “build a new era of innovation and growth.”

Topics

Albertsons' Retail Media Arm Partners With Pacvue

The grocery giant said the partnership will expand CPG brands' access to in-store shoppers.

List reflects consumers’ desires to socialize at home, the Chicago-based firm said.

After reaching 40% in April, the nationwide average of out-of-stocks hit 73.6% nationwide for the week ending May 28, per Datasembly data.

The San Francisco-based product discovery platform said the savings event gives buyers access to discounted wholesale purchases.

The purveyor of functionality-focused beverages (and carrots) said the acquisition of Starbucks' Evolution Fresh brand extends its commitment to offering "high-quality, nutrient-dense juices."

The president also launched a new initiative, Operation Fly Formula, that OKs the use of Department of Defense commercial aircraft to pick up overseas product that meets U.S. health and safety standards.

"We urge the agency to clearly reassure consumers that Abbott has taken appropriate steps to come into compliance with food safety regulations and resume safe production so that consumer confidence in the safety of its products can be rebuilt," said FMI President and CEO Leslie G. Sarasin.

As consumers show concern for stockouts of baby formula, Abbott has entered into a consent decree with the FDA on the necessary steps to resume production and maintain its Michigan plant that shut down earlier this year.

"This is the 14th straight month that we’ve seen wholesale prices push above the historical trend line, and the CPG industry ... is exceptionally frustrated," the CEO of the Consumer Brands Association says.

  • Page 1