Mondelez executives see no reason to lower prices or increase promotions for their iconic sweets and snacks despite reported retailer requests that brands across the board do so as some consumers begin pulling back on spending in the face of ongoing inflation.
With the cost-of-living crisis raging unabated thanks to political volatility, it's only to be expected that ‘redefining value’ tops Innova Market Insights’ Top Ten Trends for 2023. With budgets stretched, consumers will increasingly seek out brand...
The past two years have been a rollercoaster for many food and beverage companies, who have had to deal with everything from a global pandemic to rocketing inflation, labor shortages, and massive disruption across their supply chains. So what does all...
The Ferrero Group’s main hazelnut supply chain in Turkey is facing major risk of collapse due to climate changes and erratic weather conditions having badly affecting hazelnut production, which could impact well-known brands from Ferrero Rocher to Nutella.
Indonesia’s representative palm oil body GAPKI is concerned that it may not be able to produce enough of the commodity this year, given that added demand is expected as economies recover from the COVID-19 pandemic.
The Critical Infrastructure Supply Chain Council (CISCC) says the supply chain challenges thrown up by the coronavirus pandemic – rather than seen as a negative – show the way to build up resilience for future crisis response.
Agri-business giant Olam International has launched a digital platform, AtSource, that provides detailed information about its supply chains. The company hopes the data and insight on the platform will allow its customers to be more transparent with their...
While COVID-19 has upended the status quo for the entire food industry from growers and distributors, to retailers and consumers, it has also exposed the lack of resiliency within the food supply chain to handle something as disruptive as a global pandemic,...
Coronavirus is impacting the lead time for natural color and flavor suppliers with some trying to process as much raw material as possible to build up inventory while others are transferring production to other factories.
Retailers are pushing suppliers to adopt more sustainable practices in Latin America, says Chain Reaction Research, as it reveals Carrefour Brazil's CEO asked suppliers to map out their deforestation action plans.
Despite garnering plenty of accolades for its single-origin bars, the Massachusetts chocolatier decided to call it quits after 12 years. For founder Colin Gasko, the business model of boutique chocolate seems ‘unsustainable.’
Food firms need to set aside traditional rivalries and collaborate to meet the health, environmental and economic objectives of the United Nation’s Sustainability Goals, insists one of Mars' most senior execs.
Confectionery companies should collectively push suppliers to make traceability the norm rather than a premium service, as it is the only way to guarantee sustainable cocoa and palm oil, says The Forest Trust.
Stevia maker PureCircle today (Tuesday) said it would “leave all the options open” as to whether it would seek compensation after it was “cleared” following a dispute with the US authorities over whether stevia imported from China was produced by forced...
Online impulse purchasing is about knowing your shoppers and making an offer that “would speak to them at exactly the moment that they’re on that webpage," says Mondelēz’s global e-commerce director, Neil Ackerman.
How can companies tighten their global supply chains, future-proof profits against climate change and boost their sustainable credentials for consumers in one go? Information-sharing platform WeFarm promises to do just that.
Confectionery giants Mondelēz International, Nestlé and Mars must do far more to ensure women are not blocked from day-to-day commercial cocoa operations because of issues like land rights, according to a report commissioned by Oxfam.
Associated British Foods – worst-in-class in an Oxfam report critical of 10 food giants for essentially operating under a corporate social responsibility (CSR) “veil of secrecy” – has hit back, slamming the report ‘s findings as “ridiculous”.
The European Parliament today gave its consent to the 2010 International Cocoa Agreement and passed a resolution on child labour in the cocoa sector in a move that will benefit manufacturers, according to industry bodies.
UK food firms have eliminated 1,400t of waste in a project led by grocery think-tank IGD and commissioned by the Waste & Resources Action Programme (WRAP). Participants also believe they could eradicate waste by a further 1,193t within a year.
The opportunity for confectioners to audit the ethical credentials of their existing, and potential, suppliers comes in the shape of Sedex, a database tool designed to serve an ethically-driven supply-chain.
Greater clarity on which supply chains areas to prioritise for action on waste could help food and drink manufacturers as well as grocery retailers identify opportunities to make cost and environmental savings, claims a UK government funded agency.
A call to action to the global industry to send examples of sustainable packaging technology from primary, secondary and tertiary packaging to innovative machinery, distribution and IT systems has been initiated by a UK government funded programme.