Food and beverage industry news covering CPG giants, restaurant suppliers, ingredient trends, regulation, and consumer packaged goods.
Big pizza chains are losing ground to delivery apps, with Papa Johns planning to close about 200 locations by December. Pizza Hut was sold to private equity, and Domino's shares have fallen about 30% in the past year. Chain pizza revenue declined overall in 2025.
McDonald's is adding Honey Brown Butter Bacon, Egg & Cheese Biscuit and Honey Brown Butter Chicken Biscuit to its menu. The sandwiches are appearing on apps ahead of a July 21 launch, priced at $5.19.
Hooters is broadening its appeal to include kids and families as part of its post-bankruptcy revival. CEO Neil Kiefer says the chain is dialing back its oversexualized image and reemphasizing food and hospitality. South Florida locations have long welcomed families.
Pressed Juicery is closing several stores nationwide as it pivots to grocery retail, digital ordering, and on-demand delivery. Recent closures include outlets in Washington D.C., Seattle, and Texas. The company did not disclose the total number of closures or a timeline.
This article argues that Cold War-era cola alternatives like Kofola and Cockta remain popular due to their unique flavors and cultural significance. It suggests that these drinks offer a distinct experience from Coca-Cola, incorporating local ingredients and historical narratives that appeal to consumers seeking authenticity.
The number of items sold at US grocery stores has dropped nearly 2% year over year in four of the last five months, per Bain & Company analysis. Sticker shock, stretched budgets, SNAP changes, and GLP-1 drugs are blamed. PepsiCo has cut prices, but volume growth for its North American food business was flat in Q2.
This commentary profiles winemakers who have had to restart their vineyards multiple times due to challenges like wildfires or economic pressures. It argues that their resilience and willingness to adapt reflect a broader trend in the wine industry, where climate change and market shifts are forcing producers to innovate and begin anew.
Lactalis Canada Inc. is buying Agropur Co-operative's fine cheese division, including two Quebec production facilities and about 400 workers. The fine cheese business represented approximately 2% of Agropur's consolidated revenue. The deal adds fine cheese brands to Lactalis's portfolio, pending Competition Bureau approval.
The commentary argues that Coca-Cola's potential revival of a spicy soft drink concept, previously a failure, may succeed now due to changing consumer tastes, particularly among Gen Z and Gen Alpha who seek bold and globally inspired flavors. It suggests that social media influence and limited-edition trends create a more receptive market.
This commentary argues that PepsiCo's stock is at a one-year low due to cautious US consumers and weak North American snack and beverage volumes. It contends that the company's price cuts and margin pressures, along with management's cautious outlook, suggest significant investor skepticism about achieving growth targets.