“The data is unambiguous: US grocery is in a genuine volume contraction,” said report co-author Kurt Grichel, head of Bain & Co.’s Americas Retail practice.

New products and foodservice items with candy at its core are rolling out.

NEW YORK — The Vita Coco Co., Inc., parent company of Vita Coco and Pwr Lift, has acquired Copra, Inc., for $175 million.

Nestle SA and the private equity company Platinum Equity, Beverly Hills, Calif., have created a 50:50 joint venture called ...

Mars Snacking, which makes such snacks as M&M’s, Pringles and Snickers, filed a Worker Adjustment and Retraining Notification ...

Hope Baking Co., part of East Baking Co., is slated to shut down permanently at the end of this week, according to published ...

ADM has named Jeff Rowe to the newly created role of executive vice president and chief operating officer, effective Aug. 17.

Starco Brands, Inc., a collection of food and beverage, household and personal care businesses, has acquired Custom Bakehouse. Financial terms of the transaction were not disclosed. Starco said the ...

MINNEAPOLIS — General Mills is elevating its Totino’s Pizza Rolls brand with a new line: blasted pizza rolls. The new ...

Final Boss Sour’s next phase of growth is targeting retail growth with the backing of a $4 million strategic funding round.

Fave has raised a $1 million seed round led by Supernatural Ventures. Building on the momentum of the company’s pre-seed round, which it raised less than a year ago to establish proof-of-concept and ...

International savory maker Intersnack Group GmbH & Co. KG plans to buy US salty snack manufacturer Utz Brands Inc. in a ...