“The consumer environment remains challenged and was worse than we anticipated in the second quarter,” CEO Carlos Abrams-Rivera told investors yesterday during the company’s second quarter earnings call. “Slowing income growth, dwindling savings and inflation…
It’s been four months since Unilever announced plans to spin-off its ice cream portfolio, made up of famed brands such as Wall’s, Magnum, and Ben & Jerry’s. At the time, the company announced plans to…
Two years ago, Nomad Foods was making progress in reformulating its high fat, salt and sugar (HFSS) pizzas. But it wasn’t there yet. Now, Europe’s largest frozen food company is announcing it’s achieved 100% HFSS…
Personalized nutrition (PN) thought-leader Mariette Abrahams noted the update reflects the challenge PN firms face in retaining customers at a sustainable price-point – a challenge further exacerbated by the economic crisis. The consumer data focused…