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...
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...
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...
British sandwich and coffee chain Pret A Manger is set to expand its monthly coffee subscription service to the United States and France, according to a...
In an effort to gain share of consumers’ grocery spending both from traditional brick-and-mortar grocers and from aggregator rivals such as Instacart, DoorDash is expanding...
ByteDance, the parent company of popular social media app TikTok, is on a mission to become China’s next “everything app” to rival the success of WeChat by Tencent. ...
Inflation is making paying for basics of everyday life — food especially — harder to swallow. Earlier this week, PYMNTS reported that the cost of essentials...
Africa’s startup ecosystem raised nearly $5 billion in venture capital (VC) funding last year, twice as much as in 2020. For Zekarias Amsalu, founder and...
Member engagement, benefits administration and healthcare company NationsBenefits has announced an agreement to acquire health and wellness-oriented food manufacturer DeliverLean in order to expand its...