News & Analysis on the Bakery and Snacks Industries
The breakfast cereals giant is investing almost $50m over the next three years to readjust its long term strategy for its North American cereal business, following a lacklustre sales report last year.
Inclement weather in Canada and Europe is resulting in a spike in the price of raw material, which – along with increases in freight – is spiralling the durum wheat market ‘completely out of control’, according to Eurostar Commodities.
PepsiCo is pumping in $24m to update its factory in Lincoln in the English East Midlands – which Walkers has called home for more than half a century – which will secure the listed building’s future while aligning it with current-day goals to reduce the...