Packaged Food

Preview: Unilever's Pricing Shift May Have Attracted Shoppers In Third Quarter

Investors are looking to Unilever's third-quarter results to see if the consumer goods group has started to claw back some market share lost to cheaper riv...

J.M. Smucker To Divest Cookie Brand Voortman In $305m Deal

J.M. Smucker said it would sell its cookie brand, Voortman, to US-based premium snacks maker Second Name Brands in a $305 million all-cash deal.

Nestlé Announces Restructuring, Misses Nine-Month Organic Sales Forecast

Nestlé has announced it is revamping senior leadership and its operating structure, cut its full-year sales outlook and reported worse-than-expected...

Former Amazon India Head Nominated To Lead Nestlé's India Operations

Nestlé India's Swiss parent is betting on former Amazon India head Manish Tiwary to steer the packaged foods giant's unit.

Conagra Sales Squeezed By Private-Label Shift; Sees Little Impact From Ports Strike

Conagra Brands fell short of Wall Street estimates for first-quarter results as budget-conscious consumers switched to lower-priced alternatives.

PepsiCo To Buy Tortilla-Chip Maker Siete Foods For $1.2bn

PepsiCo is in advanced talks to acquire tortilla-chip maker Siete Foods for more than $1 billion, the Wall Street Journal reported.

General Mills Posts Smaller Drop In Quarterly Sales Than Expected

General Mills posted a smaller-than-expected drop in quarterly sales, benefiting from improved demand as the Cheerios maker cut prices for some of its prod...

General Mills To Sell North America Yoghurt Operations To Lactalis, Sodiaal In $2-bn Deal

General Mills is in talks to sell its US and Canadian yoghurt operations to French dairy firms Groupe Lactalis and Sodiaal, respectively, Bloomberg News ha...