CPG

Tim Hortons Joins QSRs Taking Over Grocery Stores’ Coffee Aisles
Tim Hortons Joins QSRs Taking Over Grocery Stores’ Coffee Aisles
August 14, 2023  |  Retail

As restaurants look to expand their reach to more parts of consumers’ day-to-day routines, many fast-food chains are getting into consumer-packaged goods (CPG). Take, for...

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Utz Sees Private-Label Competition Continue Amid Consumers’ Ongoing Inflation Concerns
Utz Sees Private-Label Competition Continue Amid Consumers’ Ongoing Inflation Concerns
August 11, 2023  |  Earnings

Year-over-year grocery inflation may have slowed from its peak, but name brands continue to face competition from lower-priced private-label options, according to snacking giant Utz....

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Hershey Sees Consumers Change Their Tune on Chocolate Amid Inflation
Hershey Sees Consumers Change Their Tune on Chocolate Amid Inflation
July 27, 2023  |  Earnings

For a long time, candy brands maintained that chocolate was an affordable luxury, one that consumers would continue to spring for even as prices rose,...

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Kellogg Files for Split as Food Companies Bite Off More Than They Can Chew
Kellogg Files for Split as Food Companies Bite Off More Than They Can Chew
July 25, 2023  |  Business

The Kellogg Company is getting closer to splitting off its cereal company, as packaged food giants become so massive that it can be hard to...

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Unilever Says Inflation Past Peak as Sales Climb
Unilever Says Inflation Past Peak as Sales Climb
July 25, 2023  |  Earnings

Consumer packaged goods giant Unilever believes inflation has reached its peak. The company’s finance chief made that observation Tuesday (July 25) as Unilever reported its quarterly earnings, which...

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Grocery Shrinkflation Adds to Shopper Frustration
Grocery Shrinkflation Adds to Shopper Frustration
July 24, 2023  |  Economy

As food prices rise, many consumer-packaged goods (CPG) brands seem to be reducing the amount of product per package, and consumers are taking note. In...

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Panera Seizes on Ready-to-Eat Trend With Grocery Loyalty Tie-In
Panera Seizes on Ready-to-Eat Trend With Grocery Loyalty Tie-In
June 29, 2023  |  Restaurant innovation

As consumers increasingly purchase ready-to-eat meals where once they would have ordered food for takeout, Panera Bread is taking an “if you can’t beat ‘em,...

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Is MrBeast’s Pivot From Burgers to CPG Bad News for Influencer-Helmed Brands?
Is MrBeast’s Pivot From Burgers to CPG Bad News for Influencer-Helmed Brands?
June 21, 2023  |  Restaurant innovation

As virtual restaurant companies tap influencers’ wide audiences to generate hype in the absence of physical touchpoints, blockbuster YouTuber MrBeast (162 million subscribers) appears to...

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Consumers Pick Cheaper Merchants for Snacks, but Many Remain Brand Loyal
Consumers Pick Cheaper Merchants for Snacks, but Many Remain Brand Loyal
May 09, 2023  |  Retail

With consumers buying more snack foods of late, according to major brands, PYMNTS research reveals they are looking for cheaper ways to get their fix...

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