Campbell Soup Company is planning to consolidate its Snacks and Meals & Beverages divisions, further enhancing its already impressive headquarters in Camden, New Jersey, to ‘drive greater creativity, collaboration and career development’.
Carlos Abrams-Rivera is rejoining the FMCG giant that launched his career in the F&B arena more than two decades ago, this time as the new president for Kraft Heinz’ US division.
Shortly after releasing its 2019 fiscal year earnings, the soup and snack company said it would sell UK-based Kettle Foods and Netherlands-based Yellow Chips to a private equity firm.
Soft pretzels elicit a characteristic aroma that is markedly different from other baked goods, but scientific data on this is scarce, prompting researchers to pinpoint the odorants responsible.
Pretzels Inc. has hired two R&D leads and one board member with plenty of pretzel experience as it continues a 120k-square-foot expansion of its manufacturing facility in Plymouth, Indiana.
US pork rind snack producer Evans Food Group has been acquired by Highlander Partners through its newly-formed food platform Benestar Brands, which is to be headed by Carl E. Lee, former CEO of Snyder’s-Lance.
The Snyder’s-Lance brand has teamed up with the youth baseball organization for the past seven years. This year, it will add an onsite campaign during the championship series in August.
Campell Snacks is flexing its muscles with fresh advertising for key brands – Cape Cod, Kettle Chips, Snyder’s of Hanover and Goldfish – a year after acquiring Snyder’s Lance for an estimated $1.6bn.
Italian news daily Il Sole 24 Ore broke the news that the Nutella maker is in talks with Campbell Soup Company to buy Campbell’s international business, which includes Arnott’s biscuits and Danish butter cookie maker Kelsen.
A 77% rise in sales across Campbell’s Global Biscuits and Snacks unit lead to the embattled company posting a 25% increase in revenue for its first-quarter.
Only a handful of women lead with world’s largest companies. Fortune 500 lists 20 in the position of CEO – actually, now 18 following the departure of PepsiCo’s Indra Nooyi and Campbell Soup’s Denise Morrison – down from 32 in 2017.
FMCG giants join global pledge to fight plastic pollution; Campbell in fight to avoid split; Mondelēz set to up prices of biscuits in the US; and Grupo Bimbo’s CEO wins CSR award.
More than a quarter of the workers at the Cape Cod Potato Chips facility in Hyannis, Massachusetts, have been laid off following a decision to upgrade old equipment at the site.
Kraft Heinz has allegedly expressed an interest in acquiring Campbell Soup, but analysts believe the Goldfish crackers maker will retain some of its fast-growing businesses, including its recently acquired Snyder’s-Lance.
Campbell Soup CEO, Denise Morrison, has announced her retirement as the company reports a $393m loss on sales of $2.13bn for the quarter ended April 29, compared with a profit a year ago.
Campbell Soup Company has announced several strategic moves to better position itself in a 'rapidly changing food industry landscape' and focus on 'profitable growth.'
Campbell Soup has finalized the purchase of Snyder’s-Lance and created a new snacks division that will combine the operations and brands of the Charlotte-based snacks company and Pepperidge Farm.
Snyder’s-Lance reported a 5.6% increase in the fiscal year, but saw a slump in fourth quarter sales in what could be its last earnings report as a standalone company.
Snyder’s-Lance has initiated a voluntary recall for a limited amount of its glazed walnut products distributed across the US due to the potential presence of undeclared peanuts.
Campbell Soup’s president and CEO Denise Morrison reported ‘below expectation’ earnings for Q2 2018, but noted steps into healthy snacking space will ‘lead to improved performance’.
Campbell Soup could take share from Kellogg in the US convenience channel after acquiring Snyder’s-Lance, as the cereal giant is abandoning the direct store delivery (DSD) model for its entire snacks division, said Euromonitor analyst Jared Koerten.
The bakery and snacks industries saw a year of significant development beset with scandals, lawsuits and momentous personnel changes, but also crammed with promising deals, innovation and commitments.
Snyder’s-Lance subsidiary Princeton Vanguard and PepsiCo’s Frito-Lay have once again faced off in court over a dispute whether the phrase ‘Pretzel Crisps’ can be registered as a trademark.
Quri’s latest data shows that Lay’s, Ruffles and Pringles dominate the share of display at Walmart stores across the US, but there is still room for other snack products.
The CEO of Kettle Chips maker Snyder’s Lance says he is ‘not satisfied’ with the company’s H1 2017 performance despite a 3% revenue increase in the second quarter.
Snyder’s-Lance has announced a restructuring plan to drive down costs and complexities, which includes closing its Florida chips plant and retrenching 250 employees.
Snyder’s-Lance will discontinue some of its snack varieties that are expected to only drive a small percentage of the company’s revenues in 2018, CFO Alex Pease said.
Mondelēz’s Teddy Soft Bakes and tortilla chips producer Hain Celestial will be among the 40 plus brands attending Snack Attack 2017 being held in New York City on July 27.
The National Confectionery Association (NCA) has announced the Most Innovative Award winners from nine major candy and snack categories, including chocolate, seasonal, gum and mints, at the Sweets & Snacks Expo this year in Chicago.
Two of the US’ largest snack manufacturers – Amplify Snack Brands and Snyder’s-Lance – are set to meet in court over rival brands of Better-For-You (BFY) popcorn.
Clearview Foods, the better-for-you (BFY) snacking development division of Snyder’s-Lance, has introduced multiple flavors of Veggie Sticks and Fruit Sticks under its Snack Factory brand.
Snyder’s-Lance is introducing a variety of offerings crafted to change the way the world snacks through better ingredients, quality and tastes to US shelves nationwide.
UK business Kettle Foods is diversifying into new snacking avenues such as popcorn and potentially pretzels as it expands overseas with its parent firm.
The company’s investment in brands like Emerald and Pop Secret are “beginning to bear fruit,” while core brands like Snyders of Hanover and Lance have seen a 2.1% growth, said its president and CEO Carl E. Lee.
