Boxer Mike Tyson Backs Mission-Driven Plant-Based QSR Chain Mr. Charlie’s
Legendary boxer and entrepreneur Mike Tyson has announced a significant investment in the plant-based quick-service restaurant (QSR) chain Mr. Charlie’s through his holding company, Carma HoldCo. Known as the “vegan…
FrieslandCampina Expands in Southwest Europe, Emphasizing Sustainability and Growth
FrieslandCampina, the Dutch dairy cooperative, has appointed Müller as the Managing Director for its operations in Iberia, Italy, and France, marking a strategic push in Southwest Europe. A long-serving member…
Mountaire’s Leadership Transition and Its Future Implications
Analyzing the Impact of Phil Plylar’s Departure and Amanda Irwin’s Appointment Mountaire Farms, a significant player in the poultry industry and the fourth-largest company in its sector, has announced a…
Tony Hoggett Departs Amazon: Insights on Amazon’s Grocery Future and Industry Impact
In a significant shake-up in the grocery sector, Tony Hoggett, Amazon’s Senior Vice President of Worldwide Grocery Stores, recently announced his decision to step down from the company after nearly…
Coca-Cola’s “Spiced” Flop in 2024: Why Classics Reign Over Innovation
Introduction Coca-Cola, a brand synonymous with the traditional cola taste, decided to experiment with a new flavor in 2024—a raspberry-infused “Spiced” soda. However, the venture was short-lived, and Coca-Cola quickly…
The Consequences of Tyson Foods’ Child Labor Allegations: What It Means for the Industry
Introduction Recent allegations against Tyson Foods Inc. regarding child labor have shaken the meat processing industry. With the U.S. Department of Labor (DOL) launching an investigation into Tyson’s facilities in…
How Yale is Revolutionizing the Personalised Nutrition Industry
Close-up of a smartphone displaying a personalized nutrition app with a customized diet plan based on gut microbiome analysis, surrounded by healthy foods.
The U.S. Congress Shrinkflation Debate
Supermarket shelf with Pepsi, Coca-Cola, and General Mills products showing shrinkflation. Smaller packages with unchanged prices and confused shoppers.
Nestlé’s Growth Slows as New CEO Laurent Freixe Faces Challenges
Nestlé, the world’s largest food manufacturer, has faced significant challenges in maintaining its organic growth. The company’s new CEO, Laurent Freixe, recently revised the projected growth figure for 2024 to…
Goldman Sachs: Beer Q3 C-Store Sales Trends Remain Stable with Constellation and Molson Coors Leading Growth
In the third quarter of 2024, beer sales in the convenience store (c-store) channel showed steady growth, with a 3% year-over-year (YoY) increase, according to the latest BevBytes report by…
FDA Explores New Post-Market Assessment Process for Food Chemicals
The US Food and Drug Administration (FDA) recently held a public meeting to discuss the development of a more systematic post-market assessment process for chemicals used in food. The event…
Starship Technologies and Bolt Team Up for Robot Food Delivery Service in Tallinn
Starship Technologies, a leader in autonomous robotic deliveries, has teamed up with Bolt, a European multiplatform delivery service, to launch a new food delivery service in Tallinn, Estonia. The partnership…
Global Poultry Experts Discuss Future of Broiler Nutrition at International Conference
The 7th International Broiler Nutritionists’ Conference, titled Poultry Beyond 2030, recently took place in Queenstown, New Zealand, from September 16 to 20. Sponsored by Aviagen®, the event brought together poultry…
Maersk Introduces New Peak Season Surcharges for Shipments to North America
Maersk, a global leader in shipping and logistics, has announced an updated Peak Season Surcharge (PSS) for shipments heading to the United States and Canada. The revised charges, which will…
McDonald’s Partners with Krispy Kreme for Nationwide Doughnut Rollout
Starting October 15, McDonald’s will begin offering Krispy Kreme doughnuts in select restaurants in the Chicago area, marking the first phase of a major partnership between the two iconic brands.…
UK Red Meat Exporters Eye Growing Opportunities in South Africa
A delegation of UK red meat exporters recently embarked on a five-day mission to South Africa, aiming to strengthen trade relations and meet the country’s rising demand for beef and…
Stock Performance of Major Shipping Companies
From October 7 to October 11, 2024, several leading shipping companies experienced minor fluctuations and volatility in their stock prices. These trends reflect broader market conditions, including shipping demand, global…
Food Inflation Surge in September: Key Insights and Implications
In September, grocery prices experienced their largest jump since January, with a 0.4% increase driven by price hikes across various staple foods, according to the Bureau of Labor Statistics (BLS).…
McDonald’s Sues Tyson Foods and Others Over Alleged Beef Price Manipulation: What You Need to Know
McDonald’s Legal ActionIn a major move against some of the largest meat processors in the U.S., McDonald’s has filed a lawsuit accusing Tyson Foods, JBS, Cargill, and National Beef Packing…
Food & Beverage Industry NewsletterDate: October 9, 2024
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