Tag:

Consumer Goods

PepsiCo Buys Poppi For $1.95B As Prebiotic Soda Industry Heats Up PepsiCo Buys Poppi For $1.95B As Prebiotic Soda Industry Heats Up
PepsiCo Buys Poppi For $1.95B As Prebiotic Soda Industry Heats Up PepsiCo is making a nearly two-billion-dollar bet on the future of soda. Pepsi said it will acquire Poppi, a fast-growing prebiotic soda brand, the company said in a news release on Monday, Mar. 17. The $1.95 billion deal aims to strengthen Pepsi's push into health-focused beverages. The Texas-based brand, founded by husband-and-wife duo Allison and Stephen Ellsworth, skyrocketed in popularity after landing an investment on the TV show "Shark Tank". With its mix of prebiotics, fruit juice, and apple cider vinegar, Poppi has built a loyal following as a low-calorie alternative to tradit…
Private Job Growth Hits Lowest Point In Months As Trump's Trade Wars Shake Economy Private Job Growth Hits Lowest Point In Months As Trump's Trade Wars Shake Economy
Private Job Growth Hits Lowest Point In Months As Trump's Trade Wars Shake Economy Job growth in the private sector slowed to its weakest pace in seven months, as hiring lags amid economic uncertainty and rising trade tensions, according to new data. Private employers added just 77,000 jobs in February, the ADP said in its National Employment Report released on Wednesday, Mar. 5. That number marks the smallest job growth since July 2024 and was down sharply from January's revised total of 186,000. February's data is the latest in a wave of troubling economic indicators during the first two months of President Donald Trump's return to office. "Policy uncertainty…
Canada, Mexico, China Retaliate As Trump's Tariffs Spark Trade Wars: 'We're Ready To Fight' Canada, Mexico, China Retaliate As Trump's Tariffs Spark Trade Wars: 'We're Ready To Fight'
Canada, Mexico, China Retaliate As Trump's Tariffs Spark Trade Wars: 'We're Ready To Fight' Canada, Mexico, and China are responding to President Donald Trump officially placing tariffs on the three nations, escalating tensions with the US's key trading partners and increasing concerns about rising costs for American consumers. The US officially imposed 25 percent tariffs on Canadian and Mexican goods on Tuesday, Mar. 4. On the same day, the US also raised tariffs on Chinese imports to 20 percent. On his social media platform Truth Social, Trump claimed the solution to the trade wars is bringing more businesses into the country. "IF COMPANIES MOVE TO THE UNITED STATES, …
As Egg Prices Soar, Another Breakfast Staple Is Seeing Inflation Reversal As Egg Prices Soar, Another Breakfast Staple Is Seeing Inflation Reversal
As Egg Prices Soar, Another Breakfast Staple Is Seeing Inflation Reversal As egg prices continue to soar with no relief in sight, there's finally some good news for consumers. Another breakfast staple is seeing prices snap, crackle, and drop. For the second straight year, cereal prices have decreased. Analysts attribute the reason to lower demand and increased harvests. According to pattern.com, the follow cereals saw the biggest price declines in 2024: Fruity Peebles Corn Pops Quaker Oats Cap'n Crunch Grape Nuts Rice Krispies Trix Other popular brands, such as Cheerios, Rice Krispies, Cinnamon Toast Crunch, Honey Bunches of Oats, Life, a…
Cookie Remix: Post Malone, Oreo Create Unique Flavor With Special Designs Cookie Remix: Post Malone, Oreo Create Unique Flavor With Special Designs
Cookie Remix: Post Malone, Oreo Create Unique Flavor With Special Designs Music and snacks collide as music star Post Malone is teaming up with Oreo to release a limited-edition cookie featuring unique flavors, designs, and a personal touch from the chart-topping artist. Oreo announced the partnership with the hip-hop and country musician in a news release on Wednesday, Jan. 22. The Limited Edition Post Malone OREO Cookies will have a one-of-a-kind swirled creme and designs inspired by Post Malone's world. The cookies feature a swirled creme combining salted caramel and shortbread flavors, sandwiched between a chocolate cookie and a golden cookie—a firs…
Chocolate Price Hike Could Be Coming: 'Cocoa Cartel' Nations Agree On Increase Chocolate Price Hike Could Be Coming: 'Cocoa Cartel' Nations Agree On Increase
Chocolate Price Hike Could Be Coming: 'Cocoa Cartel' Nations Agree On Increase The “cocoa cartel” may be coming to cause the cost of chocolate to spike nationwide, according to reports. A new report from the Wall Street Journal found that two countries that control 60 percent of the worldwide cocoa supply - dubbed the “cocoa cartel” - may soon drive up the cost of chocolate products around the globe. The report states that the Ivory Coast and Ghana are teaming to charge hundreds of dollars more per metric ton of cocoa, which will be put in place later this year. The “cocoa cartel” is expected to charge approximately $400 extra per metric ton, a 16 percent increase. I…