Food

The distinction between eating away from home (restaurants) and eating at home (groceries) is blurring as consumers use connected devices and apps integrated with payments, to move seamlessly between buying restaurant food to eat at home and groceries and prepared food at the grocery store or convenience stores to cook at home.

Hershey: Price Increases Won’t Keep Up With Historically High Cocoa Costs

Hershey: Price Increases Won’t Keep Up With Historically High Cocoa Costs
Hershey: Price Increases Won’t Keep Up With Historically High Cocoa Costs
February 06, 2025  |  Earnings

Hershey expects the surge in cocoa prices to continue to outpace the company’s price increases on its chocolate products. As a result, the company expects to...

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Pepsi Sees ‘Blue Ocean Of Opportunity’ in Away-From-Home Foods
Pepsi Sees ‘Blue Ocean Of Opportunity’ in Away-From-Home Foods
February 04, 2025  |  Earnings

With snack food demand slipping, PepsiCo is looking to opportunities outside consumers’ homes. The food and beverage giant released earnings Tuesday (Feb. 4) showing a...

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Grocery and Shelter Costs Rise in November, Straining Consumer Budgets
Grocery and Shelter Costs Rise in November, Straining Consumer Budgets
December 11, 2024  |  Economy

The key takeaway from the Consumer Price Index (CPI) released Wednesday (Dec. 11) is that the pace of inflation pace quickened in November, as reported...

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Food Giant Mondelez Reportedly Exploring Hershey Acquisition
Food Giant Mondelez Reportedly Exploring Hershey Acquisition
December 09, 2024  |  Partnerships

Consumer packaged goods giant Mondelēz is reportedly considering a deal to acquire chocolate brand Hershey. That’s according to a report Monday (Dec. 9) by Bloomberg...

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Consumers Discount Inflation That ‘Meets’ Estimates as Post-Pandemic Housing, Food Costs Soar 25%
Consumers Discount Inflation That ‘Meets’ Estimates as Post-Pandemic Housing, Food Costs Soar 25%
November 13, 2024  |  Economy

Only time will tell if the slight bump in inflation — measured by the latest Consumer Price Index for October and released by the Bureau...

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Kraft Heinz Sales Dip as Lower-Income Consumers Feel Squeezed
Kraft Heinz Sales Dip as Lower-Income Consumers Feel Squeezed
May 01, 2024  |  Earnings

Cautious lower-income consumers and slower restaurant sales are squeezing Kraft Heinz. The packaged food product company on Wednesday (May 1) released earnings showing a 1.2% drop in...

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Biden Calls Out Snack Food Makers Over Shrinkflation ‘Rip-Off’
Biden Calls Out Snack Food Makers Over Shrinkflation ‘Rip-Off’
February 11, 2024  |  Retail

President Joe Biden wants snack food companies to end the practice of shrinkflation. That is the term for when businesses reduce the size of a product without...

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Walmart Shares Hit All-Time High as Groceries Draw Shoppers
Walmart Shares Hit All-Time High as Groceries Draw Shoppers
November 03, 2023  |  Retail

Walmart’s shares reportedly reached an all-time high Friday (Nov. 3), with investors betting on its ability to thrive during the holiday season. This peak, at...

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