Circana: Food and beverage industry had modest growth in 2024; and the outlook for 2025 is encouraging
“Consumers are driven by a demand for value, impacting both volume and price/mix growth.”
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Food Lion Feeds Foundation distributes $1.4 Million in grants to combat hunger in 2024
“At Food Lion, we believe no one should have to choose between dinner and rent or gas and groceries.”
PLMA show celebrates 'The Store Brands Phenomenon'
“One in two U.S. grocery shoppers consider a store’s private brand when choosing where to shop. And nine in 10 are likely to continue to buy private brands even if grocery prices decline.”
FMI applauds Senate hearing on Credit Card Competition Act to address rising "swipe" fees
"Card networks and banks earn more from a grocery purchase than the store itself, forcing consumers to bear these fees through higher prices.”
CVS Health names Dr. Sreekanth Chaguturu president, Health Care Delivery
Dr. Chaguturu replaces Mike Pykosz, who has decided to leave the company.
Campbell Soup Co. rebrands as the Campbell’s Company to reflect its expanded portfolio
“This subtle yet important change allows us to retain the iconic name recognition, reputation, and equity we have built over 155 years while reflecting the full breadth of our portfolio.”
Walmart’s Q3 earnings beat estimates as holiday optimism builds
Walmart delivered robust Q3 FY2025 results, with revenue reaching $169.59 billion and adjusted earnings per share surpassing estimates. The company raised its full-year guidance, driven by strong growth in e-commerce, advertising, and grocery sales ahead of the holiday season.
Merchants Payments Coalition pushes for "swipe" fee reform at Senate hearing
"Most consumers are unaware of these fees or their significant impact on the cost of goods, services, and the broader economy."
Dollar General launches holiday food discounts to help customers make affordable, healthy meals
"At Dollar General, we understand that access to nutritious food is critical. Our team works relentlessly to make healthier options both affordable and accessible for customers and communities."
PLMA names January 2025 its inaugural Store Brands Month
"We have an opportunity to further expand the presence and strength of the largest CPG brand in the store: private brands."
Health Equity Summit 3.0 – Part 1
This is the first in a series of videos that will present highlights from the event. Here are excerpts from remarks by keynote speaker Rina Shah, senior vice president of pharmacy growth at Walgreens.
FMI study: Food shoppers prioritize budgeting and convenience for the holiday season
FMI's findings indicate that consumers leverage various strategies to maximize their purchasing power, such as hunting for discounts, choosing store brands, and mixing ready-made foods with home-cooked dishes.
U.S. Soccer and Henkel kick off new partnership
The partnership marks Henkel's first-ever portfolio deal and will leverage a range of its more than 30 popular brands in North America, to promote the U.S. Men's and Women's National Teams.
CVS Health expands board with strategic appointments
Company says the moves follow a productive engagement with Glenview Capital Management.
CHPA adds two new board and executive committee members, and names 2025 chair-elect
Greg Bradley will assume the two-year appointment as Board Chair in March 2025, when current CHPA Board Chair, Lisa Paley, president of Haleon’s North America Region, concludes her term.