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Food & Beverage: Page 51

General Mills’ Sales Took a Hit in the Most Recent Quarter
Despite the volume drop-off, the company behind Cheerios and Bisquick pancake mix increased its revenues through core business operations by 3% during the most recent quarter.
Minneapolis, Minnesota. August 2021. Photo: iStock.com/Wolterk
U.K. Considers Nationalization of Thames Water as Crisis Escalates
Thames’ bonds tumbled on June 28, just one day after CEO Sarah Bentley suddenly stepped down from her position amid concerns over the firm's financial stability.
A Thames Water employee works at the site of a leak in London. Photo: Simon Dawson/Bloomberg
Nestle Puts KitKat Carbon Neutrality in Greenwashing Graveyard
Nestle joins airline EasyJet Plc and Gucci owner Kering in backing away from so-called carbon offsetting as a way to meet net zero emissions targets.
Photo: Hollie Adams/Bloomberg
Wheat Climbs to Four-Month High as Traders Assess Russia Risks
Chicago wheat futures climbed to $7.56 a bushel in New York trading on June 26, putting prices on track for a 29% monthly gain, the biggest since 2015.
Bicske, Hungary. May 2023. Photo: Akos Stiller/Bloomberg
BrewDog Chooses Kegstar for Steel Keg Supply Chain Programs
The deal will see Kegstar offer its kegs and services to Scotland, Germany and Australia with additional plans to expand across Western Europe at a later date.
Photo: iStock.com/Jurica Tomic
Hog Herds to Shrink as U.S. Farms Lose Money, Smithfield Warns
American pig growers are losing as much as $80 a hog according to Shane Smith, the chief executive officer of Smithfield Foods.
Nicasio, California. May 2020. Photo: Bloomberg
South Africa Plans $1.5bn Water Fund with Climate Finance
The Development Bank of Southern Africa has applied to the South Korea-based Green Climate Fund for $235 million, according to documentation on the fund’s website.
Hammanskraal, South Africa. Photo: Michele Spatari/AFP/Getty Images/Bloomberg
Eden Green Is Set on Fixing America’s Produce Sourcing Problem
Nine times out of ten, people on the East Coast are eating lettuce that has traveled more than 3,000 miles, a problem Eden Green is trying to fix.
Photo: Eden Green
World’s Top Dairy Maker Plans Chicago Expansion After $3.2bn Kraft Deal
The family-owned company plans to hire almost 100 people at its Chicago offices over the next 12 months, according to Peter Cotter, CEO of Lactalis Heritage Dairy.
Brooklyn, New York. July 2022.Photo: Gabby Jones/Bloomberg
Sam’s Club and Walmart Launch Enhanced Seafood Policy for Tuna Supply Chains
The new policy aims to address issues plaguing the tuna supply chain like the accidental catching of non-targeted species, illegal fishing and the abandonment of fishing gear.
Photo: iStock.com/LUNAMARINA
Walmart Planning to Open Case-Ready Beef Facility in Kansas
Walmart expects the facility to create 600 jobs for the Olathe, Kansas community while improving the visibility of the company's beef supply chain.
Photo: iStock.com/Sundry Photography
Little West Forms Multiyear Partnership with Echo Global Logistics
The Little West cold-pressed juice brand will use Echo Global's transportation and supply chain management services to expand its reach across the U.S.
Photo: iStock.com/JulyProkopiv
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