Kellogg looks to snacks for growth: The CPG company will spin off its weaker cereal and plant-based divisions into separate entities to increase profits and return value to shareholders.
Rising prices have US adults lowering their costs, and 51% of these cost-cutters are spending less on dining out. Other expenses are in their crosshairs as well: 47% are shelling out less for clothing, toys, travel, and entertainment.
Inflation continues to affect how people buy groceries: More shoppers are opting for pickup over delivery to avoid unnecessary costs.
Rapid delivery startup Jokr plans to shutter its US operations: The company is the latest startup to have to change course amid rising interest rates.
Right idea, wrong timing for Coke: It’s new Jack-and-Coke cocktail in a can could be a hit—or a victim of inflation.
Beauty is one of the fastest-growing ecommerce categories: Newly minted unicorn Purplle hopes to keep that momentum going even as shoppers return to stores.
DoorDash leans on subscriber revenues as the delivery market cools: The platform’s focus on building loyalty could help it outlast competitors like Gorillas.
Soaring food prices are causing consumers to rethink their spending: Consumers are changing both where and how they shop for groceries, as well as what else they buy.
There’s no end in sight for service workers’ unionization pushes: Employees at a Trader Joe’s in western Massachusetts aim to create the company’s first union.
Food delivery platforms in China struggle to maintain their pandemic gains: As consumers venture out to restaurants and stores, platforms like MissFresh and Meituan are looking for new ways to keep customers on the platform.
Starbucks’ next CEO will face a host of challenges: The company is looking outside its walls for a leader as it struggles with worker unionization and changing consumer behavior.
3D-printed ear for transplant used human cells: AuriNovo is a patient-specific living tissue implant created through 3D-bioprinting. It could lead to safe and successful outer-ear implants by using the patient's own cells.
Price-conscious consumers are economizing at the grocery store as inflation takes hold. Among US adults who are cutting back on groceries, 41% are buying fewer items from name brands, and 29% are spending less on alcohol and spirits.
The baby formula shortage is hurting low-income families hardest: Increased imports and relaxed WIC requirements are short-term fixes, but more competition is needed to prevent future crises.
Feminine care brand Rael continues its global expansion: The company raised a record $35 million as shoppers gravitate towards wellness and sustainable brands.
CPG brands are struggling to compete with private labels: As the industry reaches a "breaking point," companies like Procter & Gamble are shifting tactics to appeal to price-conscious consumers.
Insider Intelligence spoke with Gefen Skolnick, founder and CEO at Couplet Coffee, about what it means to create a brand catering to the interests of the Gen Z consumer.
Big-box retailers are aggressively upgrading their beauty offerings to attract returning in-store shoppers and younger, digital-first consumers.
Insider Intelligence spoke with Kate Lubenesky, president at W&P, a food and beverage essentials brand that sells sustainable packaging for everyday food items.
Gorillas sheds workers in another blow to the rapid delivery industry: The company fired 300 employees and will exit several markets as it struggles to reach profitability.