JM Smucker is pulling back on prices for select brands while becoming more “surgical” about increases for others and investing in more promotions to drive growth by offering consumers some financial relief despite ongoing inflation and no competitive...
The Coca-Cola Co. will continue to raise prices in the second half of the year in select markets after volume stabilized and sales rose in the period despite earlier price hikes and growing consumer price consciousness, executives said yesterday during...
The Coca-Cola Co. plans to raise prices again in 2023 against some retailers’ calls to roll back increases, arguing it has “earned the right to price with the consumers” through enhanced marketing and an agile packaging approach that balances premium...
The average price of a bottle of wine in the UK has risen more in the last 12 weeks than it had in the last two years, according to figures from the Wine and Spirit Trade Association (WSTA).
Within six years, the founders of Blossom Water, Trish and Steve Fortuna, have been able to take the floral essence beverage from their backyard garden to thousands of retail stores across the US.
The founders of Coconut Beach credit their affordable price to familial relationships with coconut growers in Thailand, and they want their product to reach the masses.
With its gourmet savory yogurts now gracing shelves at 800-900 stores in the US, Blue Hill is now looking to challenge the nation’s palate again, this time with a new range of veggie- and fruit-packed drinkable yogurts that it hopes will bring the brand...
A policy of minimum unit pricing on alcohol sales in England would have up to 50 times greater effect than the current ban on below cost selling, according to researchers from the University of Sheffield.
Coke-owned Innocent is launching a functional smoothie range in the UK from April centered on soft health claims - three varieties will use 'defense' 'energise' and 'antioxidant' positioning.
Beam Inc. CEO Matt Shattock is excited by premiumization within the fast-growing bourbon category that will net higher profits for key brands including ‘name on the door’ Jim Beam.
Heineken says it investing heavily in its premium brands to improve its profitability in Russia following past pricing mistakes, but admits that it has more exposure to less profitable value beers than its rivals.
Coffee prices continued to rise into 2008 on the back of increased
costs at the end of 2007, according to new figures from the
International Coffee Organisation (ICO).
FMC Biopolymer will again increase prices for its food ingredients
on the back of high energy and raw material costs, and the company
says it expects prices to continue rising.
Prices for flat rolled steel products in Europe have now in most
cases reached their highest level in the last two decades,
according to UK steel market analyst MEPS. This is likely to impact
the packaging industry.
Laurent-Perrier Champagne has released a new version of its Grand
Siecle La Cuvee wine in the US, at the same time reducing the price
to around €80 a bottle in a bid to attract greater numbers of
consumers to high quality wines.
