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Pepsi and Kroger hit hard by changing food trend

Taking a GLP-1 drug has changed my relationship with food. I still like to eat, but get full quickly and have to plan meals much more carefully. It’s not that you’re not hungry. It’s that if you order what you used to eat, there will be plenty of leftovers. When it comes to snacks, I

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Hailey Bieber’s Rhode could unlock $200 million for E.l.f. Beauty

Over the past few years, E.l.f. Beauty has built one of the fastest-growing portfolios in cosmetics, expanding beyond its namesake (Eyes, Lips, Face) value-focused makeup brand into skin care and prestige beauty. And its biggest recent bet was Rhode, the skin care and cosmetics brand founded by Hailey Bieber, which E.l.f. agreed to acquire in

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49-year-old Christmas retailer files Chapter 11 bankruptcy

When you live in South Florida, as I do, the only holidays that feels right are Fourth of July, Memorial Day, and Labor Day. Warm weather Halloween and Thanksgiving lack the turning leaves, orange pumpkins, and other hallmarks of those day to someone who grew up in Massachusetts. Christmas, however, seems the most out of

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Pepsi has an entirely new plan for Doritos, Cheetos

PepsiCo has spent decades building some of the world’s most recognizable snack brands. From Lay’s and Doritos to Cheetos and Cracker Jacks, the company has built a portfolio that reaches just about every cranny of the snack aisle. Now, it’s looking for new ways to put those brands in front of consumers.  Over the last

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Consumer giant could sell major personal care brands

A major consumer company is considering a move that could put several familiar household brands on the market. The move comes as the company reassesses parts of its portfolio and seeks to strengthen performance in a key market. If completed, the sale could reshape a personal care business that includes well-known products used by consumers

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Another chain closes most restaurants, Homer Simpson called it

“You don’t win friends with salad.” That’s a classic Homer Simpson line referring to his plan to host a barbecue where he cooks an entire pig, which horrifies his vegetarian daughter Lisa. In reality, however, there’s some truth to what Homer Simpson says. Restaurants based around salad, including Salad and Go, which closed all its

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Ikea closes another key store after barely a year 

Becoming a global powerhouse is extremely difficult, and not many retailers manage to conquer such different markets around the world. Its success in one market doesn’t guarantee performance in another, as consumers behave differently.  That’s why, oftentimes, brands make some changes when entering new countries, as they adapt to different economic and cultural environments.  

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74-year-old convenience store chain closing all stores

Back in the late 70s and early 1980s, my small town had a mom-and-pop convenience store, Paul’s Market, as well as one location of a regional chain, Richdale’s. It later added a store from a larger chain, White Hen Pantry. 7-Eleven and other large chains existed, but local stores, even one-offs, were common. Now, just

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Prominent seafood chain continues closing restaurants after bankruptcy

After bankruptcy, ongoing restaurant closures, a sweeping restructuring, and years of financial pressure, a once-iconic seafood chain continues to shutter locations as it works to stabilize its business. The changes come as the company attempts to rebuild after a turbulent period that pushed the nearly 60-year-old restaurant chain into bankruptcy and led it to close more

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Major changes coming to Target in September

Target has been trying its hardest to bring more shoppers to its stores. The company is in the throes of a turnaround plan to offer customers a better selection of products, more organized stores, and a generally improved shopping experience. And in that regard, there’s perhaps no better category to focus on than beauty. The

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