The maker of Corn Flakes and Rice Krispies will cut 7% of its global workforce, or about 2,000 jobs, as part of a four-year cost-saving plan amid a persistent slowdown in breakfast items and snacks.
Prepared using only the finest ingredients, the authentic Restaurant Style chips are made from specially selected, 100 percent yellow corn and come in two varieties.
St. Louis-based Ralcorp Holdings initiates a strategic restructuring of its business to boost organizational effectiveness and reduce costs. The company will consolidate its cereal, pasta and snacks, sauces and spreads businesses into a single center-store, private-brand food company.
Brazil is a sizzling-hot topic these days, especially where consumer packaged goods (CPG) are concerned. CPG companies are eyeing Brazil as a key portal for future growth opportunities. But to tap into market opportunities, what will it take to launch successful food and beverage products there?
The June 2012 State of the Industry Report of Snack Food & Wholesale Bakery is now available. We explore the bakery market’s new developments as its gets feedback from consumers and customers. See what bakers are developing in healthy products to bolster nutrition; reduce fat, sugar and sodium; and add more functional ingredients.