General Mills Posts Underwhelming Sales as Retailers Tighten Inventories
The maker of Cheerios and Bisquick pancake mix said its top line rose 3%, boosted by higher prices. Source link
Beverages
Bud Light Loses Title as Top-Selling U.S. Beer
Modelo Especial overtook the brand as the top-selling U.S. beer in May, punctuating a monthslong boycott of Bud Light that...
The Global Brands Coming to a Shopping Mall Near You
American consumers have long been renowned for their spending power. Now global retailers want a bigger slice of the action....
Unilever’s Marketing and Digital Chief to Leave
Conny Braams will step down after 33 years with the consumer-goods company known for attaching its products to social or...
Target Lands in Culture-War Crosshairs Over Pride Month
The retailer’s halt to its sale of some Gay Pride items fuels criticism it gave in to pressure from anti-LGBT...
Oatly Names Jean-Christophe Flatin as New CEO and Narrows Quarterly Loss
Current Chief Executive Toni Petersson is set to become the oat-milk company’s co-chairman. Source link
Tyson Foods Stock Plummets After It Slashes Outlook for 2023
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DOJ Settles Antitrust Case, Clearing Way for Assa Abloy Deal
The Swedish lockmaker has agreed to sell some of its brands to another company. Source link
How Bud Light Handled an Uproar Over a Promotion With a Transgender Advocate
Two executives have been put on leave, and sales of the No. 1 U.S. beer have declined in recent weeks....
Anheuser-Busch Executive Takes Leave After Transgender Influencer Was Featured on Beer Can
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Bud Light Faces Boycott Calls, but Punishing Brands Is Harder Than It Looks
CMO TodayResearch shows recent social-media calls to boycott brands such as Goya and Spotify haven’t meaningfully hurt sales and at...
Why American whiskey is the real winner of St. Patrick’s Day | CNN Business
New York CNN — On St. Patrick’s Day, it might seem appropriate to knock back a shot of Jameson Irish...
WSJ News Exclusive | Chick-fil-A Wants to Serve Its Chicken Sandwiches in Asia and Europe
The fast-food restaurant chain plans a $1 billion international expansion, with locations in five international markets by 2030. Source link
How Chili’s Is Prepping for Tough Times, Starting With the Fries
Rising costs and a shortage of workers are pushing the Southwest-style restaurant chain to do more with lessTanner Davison dining...
Abbott Baby-Formula Business Is Under Investigation By SEC, FTC
BusinessInquiries from agencies come amid criminal investigation by Justice Department into company’s formula manufacturing Source link
Are we on the brink of a corporate credit crisis? | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
Tyson Foods Profit Declines as Beef Price Drops
Profit margins from the meat processor’s beef division have come under pressure as consumer demand softens for premium cuts of...
Mondelez Expects Fewer Price Increases This Year
The maker of Oreo cookies and Sour Patch Kids candy said it doesn’t plan to raise prices further in the...
Bud Light and Budweiser are getting a makeovers at this year’s Super Bowl | CNN Business
New York CNN — Anheuser-Busch may no longer be the only alcohol brand to advertise at the Super Bowl, but...
WSJ News Exclusive | Beyond Meat’s Chief Brand Officer Beth Moskowitz Leaves Company
Beth Moskowitz departs the plant-based meat alternative pioneer as the company seeks to turn its business around. Source link
