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Campbell Soup expects sales to fall as lockdowns ease

Campbell Soup expects sales to fall as lockdowns ease

By: Praveen Paramasivam, Richa Naidu
Source: Reuters
Date of Publication: September 3rd, 2020
Campbell Soup Co (CPB.N) on Thursday forecast first-quarter revenue largely above market estimates due to pandemic-buying, but said it expects sales to drop off in the second-half of its fiscal year as people start dining out again, sending shares down 5.5%.
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Factbox: Americans on lockdown pay more for groceries, clothes and appliances

Factbox: Americans on lockdown pay more for groceries, clothes and appliances

By: Richa Naidu, Siddharth Cavale, Nick Carey
Source: Reuters
Date of Publication: September 1st, 2020
U.S. shoppers have been paying more than last year for a range of consumer goods during the COVID*19 pandemic, from eggs and deli meat to running shoes, according to a Reuters analysis of the latest pricing and sales data.
Coffee, ketchup and Nike Air Max: it's the COVID consumer economy

Coffee, ketchup and Nike Air Max: it's the COVID consumer economy

By: Nick Carey, Richa Naidu, Siddharth Cavale
Source: Reuters
Date of Publication: September 1st, 2020
Instant coffee, ketchup, Lululemon yoga pants and Nike Air Max sneakers are all in. Bottled water, pricey diapers and Burberry luxury trench coats are out.
Addressing the Challenges of COVID-19 for those Connected to our Business- Smucker's

Addressing the Challenges of COVID-19 for those Connected to our Business- Smucker's

By: J.M. Smucker Co.
Source: J.M. Smucker Co.
J.M. Smucker Co. is approaching the challenge of COVID-19 from all standpoints - including delivering necessary food for consumers and their pets, retaining their high manufacturing quality standards, ensuring employee wellness and supporting the communities most impacted by COVID-19.
Kellogg global COVID-19 hunger relief donation now exceeds $10 million

Kellogg global COVID-19 hunger relief donation now exceeds $10 million

By: Kellogg
Source: Kellogg
Kellogg donates $10 million worth of food to help combat recent increase in poverty caused by COVID-19 pandemic.
How Uber hailed a deal with Grubhub only to let it slip

How Uber hailed a deal with Grubhub only to let it slip

By: Krystal Hu, Greg Roumeliotis
Source: Reuters
Date of Publication: June 11th, 2020
Uber Technologies Inc (UBER.N) CEO Dara Khosrowshahi has spent much of his career deftly negotiating acquisitions. Yet his $6.5 billion all-stock bid for Grubhub Inc (GRUB.N) ended with the food delivery company being acquired by European rival Just Eat Takeway.com NV (TKWY.AS).
Raytheon Technologies employees volunteer to feed those in need

Hungry to help Raytheon Technologies employees volunteer to feed those in need

By: Raytheon
Source: Raytheon
Date of Publication: June 2nd, 2020
Raytheon Technologies employees volunteer to feed those in need
The pandemic is changing how much frozen food we buy

The pandemic is changing how much frozen food we buy

By: Alicia Wallace
Source: CNN Business
Date of Publication: May 28th, 2020
Pantry-loading has extended into freezer-stuffing in the pandemic, and that means frozen food items like Stouffer's Lasagna, Hot Pockets and Marie Callender's pies are flying off shelves.
Restaurants Take Heed: Uber Eats May Soon Own Your Relationship with Customers

Restaurants Take Heed: Uber Eats May Soon Own Your Relationship with Customers

By: Robert Bardunias
Source: FSR Magazine
Date of Publication: May 27th, 2020
With fresh news that Uber Technologies, Inc. is in advanced talks to acquire Grubhub Inc., restaurant owners who outsource delivery should be warned: The risk of a third-party platform effectively owning the relationship with your customers just increased. Dramatically.
Pizza Hut is giving away one free medium pizza to all 2020 graduates

Pizza Hut is giving away one free medium pizza to all 2020 graduates

By: Tess Klein
Source: WTMJ-TV NBC Milwaukee
Date of Publication: May 25th, 2020
Pizza Hut is celebrating 2020 graduates the best way they know how. Diploma/degree earning individuals are eligible for one free one topping medium pizza through Thursday.