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Top 100 Consumer Goods Companies of 2022
5. Unilever N.V. Net Revenue: $62.047 billion YoY Change: 7.08% Last Year’s Rank: 4 Though Unilever may have slipped a spot as a result of JBS’ massive growth, the company’s e-commerce business grew 44%, with growth recorded in pure-play, omnichannel, and …
The Hershey Company Acquires Sour Strips Candy
Nov 8, 2024 · Burst of CPG M&A Activity Continues. Major consumer goods companies are undergoing category optimization efforts, tightening up portfolios by offloading underforming brands, investing in the core offerings, and expanding in areas poised for growth.. For example, Keurig Dr Pepper is expanding its beverage and energy drink portfolio by acquiring Ghost, a sports nutrition business.
General Mills Testing MillsChat Generative AI Internal Assistant
Feb 8, 2024 · General Mills is piloting an internal generative AI app, known as MillsChat, designed to boost innovation and foster collaboration among employees.. In a LinkedIn post, General Mills’ chief digital and technology officer, Jaime Montemayor, outlined a visit with the developers testing the tool at a General Mills’ center. Montemayor said that the MillsChat tool is designed to help ...
Consumer Goods Industry News, Research & Events
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General Mills To Acquire Tiki Pets, Cloud Star Pet Brands In $1.45 ...
Nov 14, 2024 · General Mills will purchase Whitebridge Pet Brands’ North American premium cat feeding and pet treat business from European private equity firm NXMH in a $1.45 billion deal.. The sale includes the Tiki Pets and Cloud Star portfolio, as well as two manufacturing facilities in Joplin, MO. The North American Whitebridge Pet Brands business generated approximately $325 million in U.S. retail ...
Smart Tags to Brain-Machine Interfaces: Gartner's Top 10 Strategic …
Oct 22, 2024 · Gartner recently identified the top 10 technology trends that organizations should explore in 2025 — and many of these could have a deep impact on the consumer goods space.
2025 Budget Priorities for CPG Tech Leaders
Nov 27, 2024 · It’s an AI-centric world heading into 2025, and it should come as no surprise that consumer goods companies will invest heavily in the technology. However, that’s not to say other areas — including digital transformation, customer experience, and composability — aren’t being factored in as key focus areas for CPGs like Mars.
From Pods to Purchase: How Kraft Heinz’s Agile@Scale Strategy is ...
Oct 22, 2024 · Kraft Heinz Scaling Innovation. As part of the Agile@Scale strategy, which Alan Kleinerman, VP of global disruptive innovation, describes as the bedrock of their multi-year transformation, Kraft Heinz is identifying a number of white spaces across the organization that are prime for innovation.. The pod worked closely with Kraft Heinz’s cross-functional team across the Delimex brand ...
P&G’s ChatPG Generative AI Tool Scaling Across Business
Jul 18, 2024 · Procter & Gamble’s internal generative AI tool, known as ChatPG, has reached 30,000 users, as artificial intelligence upskilling becomes part of the company’s standard onboarding procedure.. Rather than a small trial, P&G made the decision to test ChatPG with thousands of people in order to get it in use more quickly, a trio of AI leaders shared in the company’s annual Signal event this ...
Southern Glazer’s Grows Distribution Network With Horizon …
Jan 2, 2025 · Southern Glazer’s Wine & Spirits is expanding its distribution network with the acquisition of Horizon Beverage Group, a New England-based alcohol distribution company across the wine, spirits, and beer categories.. Horizon’s operations in Massachusetts and Rhode Island will now operate as Southern Glazer’s Beverage Company, marking Southern Glazer’s presence across 47 U.S. markets in ...