CULINARY COVERAGE - FOOD & BEVERAGE INDUSTRY NEWS

Diageo Paper-Based Bottle

Diageo announces trial of a 90% paper-based bottle for Baileys Irish Cream, aiming to enhance sustainability and reduce environmental impact.

Mars & Tripadvisor Revolutionize Pet Travel

Mars and Tripadvisor partner to enhance pet travel, launching a hub to connect pet owners with adventures and support pet-friendly businesses.

The Wealthy Begin Shopping at Walmart’s

Walmart’s newest brand, bettergoods, is attracting wealthy shoppers with premium quality and affordable prices, driving a surge in e-commerce sales.

Compass Group Achieves Double-Digit Growth

Compass Group reports over 10% revenue growth across all segments in the past six months, driven by exiting underperforming markets and focusing on core areas.

AB InBev Strong Q1 Digital Sales

AB InBev reports robust Q1 2024 digital commerce sales through its BEES B2B marketplace, with significant growth in orders and revenue.

Nestle Launches Food Brand for Ozempic Users

Nestlé launches Vital Pursuit, a new frozen food brand designed for Ozempic and Wegovy users, featuring 12 protein-packed items like pasta and pizza.

Return to Office Boosts Compass Group Profits

Compass Group sees profit boost as office attendance rises on Mondays, despite exiting China due to decreased foreign investment. Learn more about their strategy.

Sainsbury’s & Microsoft AI Partnership

Sainsbury’s and Microsoft collaborate to enhance customer and colleague experiences using AI, driving efficiency and innovation in the retail sector.

Walmart’s Hits Record-High Share Price

Walmart’s shares hit a record high as the retailer raises its earnings forecast, driven by consumers seeking value amid persistent inflation.

Will Kraft Heinz Sell Oscar Mayer?

Kraft Heinz explores selling Oscar Mayer for $3-5B due to declining demand and health trends, potentially reshaping its business strategy and market focus.