Amid consumers’ economic anxieties, Mondelēz is seeing chocolate sales rise significantly. Chicago-based multinational snack and confectionery giant Mondelēz International, parent company of a wide range of popular brands including Cadbury, Oreo, Ritz, shared in a presentation Thursday (April 27) accompanying its first quarter 2023 financial results that its chocolate...
Testing the limits of elasticity, Procter & Gamble (P&G) is increasing prices here, focusing on discounts there, confronting inflation with a product “superiority strategy” that’s working. Even though the consumer-packaged goods (CPG) giant sees inflationary effects continuing — and perhaps worsening — many consumers continued...
With supply chain problems persisting, unwanted and delayed goods have piled up — including things like rotten red cabbages, beer kegs and dog blankets, according to The Financial Times Saturday (Dec. 25). The upside? The goods have helped out the cargo salvage industry. Because of...
Six, 20-pound bags of food stacked up in the corner don’t have to mean that the owner has a lot of dogs. More likely, it’s the casualty of auto-refill pileup gone awry. Repeat CEO and Co-founder Kim Stiefel told Karen Webster that there’s a better...
January 12, 2024
Like all chains, supply chains are only as strong as their weakest link. Only, unlike most physical chains, identifying the weakest link in a complicated supply chain be, well, complicated. “Many businesses, for example in retail, that are vertically integrated are facing exactly the same challenges,” Michael Falck, co-founder of RELEX Solutions, tells PYMNTS. What firms need, Falck […]
July 09, 2021
Six, 20-pound bags of food stacked up in the corner don’t have to mean that the owner has a lot of dogs. More likely, it’s the casualty of auto-refill pileup...
December 26, 2021
With supply chain problems persisting, unwanted and delayed goods have piled up — including things like rotten red cabbages, beer kegs and dog blankets, according to The Financial Times Saturday (Dec. 25). The upside? The goods have helped out the cargo salvage industry. Because of that, while those companies are not usually in the spotlight, […]
June 04, 2020
After lockdown restrictions were removed, Adidas’ China sales have bounced back faster than anticipated, fostering hopes that the brand can start to recover from a massive drop in worldwide demand,...
April 10, 2020
After reaching its highest level in eight years in February, consumer inflation in China lessened last month. The country’s consumer price index increased 4.3 percent in March compared to the...
July 07, 2017
Reckitt Benckiser Group Plc, the consumer goods company, said Thursday (July 6) the Petya cyberattack in June is likely to cost it 2 percent of sales in the second quarter....
