Campbell, Hershey Bet That Salty Snacks Will Reignite Slow Sales
In a packaged-food industry suffering from weak demand and shifting consumer tastes, there’s still one safe bet: salty snacks.
Potato chips, popcorn and other savoury fare have remained strong sellers, even as other categories languish.
That’s driving companies’ M&A strategies. The Campbell Soup Company and Hershey both announced deals on Monday that give them well-known savoury brands.
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