USA: latest retail news, insights and analysis | ESM Magazine

Ebro Foods Agrees To Sell Ronzoni Dry Pasta Business

Ebro Foods has announced that it has agreed to sell its Ronzoni dry pasta business in the USA to 8th Avenue Foods & Provisions Inc through its US s...

Plant-Based Egg Maker Eat Just Raises $200m In New Funding Round

Eat Just Inc has said that it raised $200 million in new funding that will be used to boost capacity and expand into new markets, as the plant-based egg pr...

Tyson Foods Shares Drop As Quarterly Sales Miss Estimates

Tyson Foods Inc reported lower-than-expected first-quarter sales amid weak meat demand at restaurants during the pandemic, sending shares down as much as 7...

Kraft Heinz To Sell Planters, Corn Nuts Brands To Hormel

Kraft Heinz Co said on Thursday that it plans to sell its nuts business - including most Planters and Corn Nuts products – to Hormel Foods Corp for $...

PepsiCo Renames 'Aunt Jemima' Pancakes, Syrup As 'Pearl Milling Company'

PepsiCo Inc has announced that its pancake mix and syrup products are to be sold under the new name 'Pearl Milling Company', after the company dropped the...

General Mills Beats Sales Estimates On Strong Pet Foods Demand

General Mills Inc beat second-quarter profit estimates, boosted by sales of its pet foods and baking products, and said it expects the demand trend to...

Hershey Reinstates Full-Year Outlook After Strong Q3 Sales

Hershey Co on Friday beat quarterly profit and sales estimates and reinstated its full-year outlook boosted by strong Halloween sales and demand for chocol...

Clorox Lifts Forecast After Best Sales Jump In Over 20 Years

Clorox Co reported its strongest quarterly sales growth in more than two decades on Monday and raised its full-year revenue forecast as coronavirus-driven...