Tag: Food and drink
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McDonald’s is leaning into chicken and drinks to grow. New data shows it could be a tough task
McDonald’s is targeting growth in chicken and beverages, but Consumer Edge data shows Chick-fil-A and coffee chains gaining in customer spending.
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Pepsi shares rallied despite cutting profit guidance. Where Cramer stands on the stock now
CNBC’s Jim Cramer said improving sales growth and investments to revive demand are encouraging signs, though PepsiCo still faces significant challenges.
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PepsiCo cuts earnings forecast as North American turnaround takes longer than expected
Pepsi’s North American business continues to lag behind its international markets.
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Modelo owner Constellation is getting creative to bring back beer drinkers as overall demand weakens
Constellation Brands beat earnings and revenue expectations as beer brands gained share, while inventory rebuilding and consumer caution clouded demand.
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From Unicorn Frappuccinos to VIP meet-and-greets: How 3 brands are turning buzz into business
As companies fight harder for consumers’ attention, marketing is becoming an increasingly important tool for driving growth.
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Coca-Cola hires Rob Gehring from Monster Energy to run its North American operations
Coca-Cola is trying to maintain growth as consumers face higher gas and grocery prices.
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KFC debuts Open House restaurant in Texas to test new customer experiences
KFC is opening a new restaurant concept in Texas where it will offer an expanded menu, including breakfast items, and table service.
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Costco expands Uber Eats delivery partnership to 47 states
Uber and Costco announced an expansion of a partnership where Costco members can order delivery from the store on Uber Eats to 47 states, up from 17.
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Kraft Heinz bets on more flavors for Philadelphia cream cheese as it looks to revive brands
Philadelphia will release more cream cheese flavors as part of Kraft Heinz’s turnaround.
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Cadbury cut two months off its supply chain lead time for a key chocolate-bar ingredient in one move
Mondelez is expanding its chocolate manufacturing operations in Malaysia, with the company also seeing further room for growth across Southeast Asia.
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