Walmart CEO sees deflation on the horizon

Prices in key categories are dropping as consumer spending remains tight.

Having difficulty viewing this message? View it in a browser. forward subscribe November 24, 2023 THE MOST READ STORIES OF THE WEEK 1 Deflation is coming, says Walmart’s McMillon 2 ‘A new beginning’ for Chubby Snacks 3 What’s hot on restaurant menus in 2024 4 Slideshow: New menu items from Krispy Kreme, Red Lobster and California Pizza Kitchen 5 Spicy new twists on old ideas SPONSORED MESSAGE Make a Clean Swap with NuXtend NuXtend is a natural, clean label fermented preservative that prevents mold. MERGERS & ACQUISITIONS Private equity firm buys J&K Ingredients 124-year-old business focuses on food preservation solutions. What will B&G Foods sell next? Evaluations continue after the company suffers a net loss in the third quarter. Mars to acquire UK chocolate company Hotel Chocolat seeks to expand internationally. Ingredion is divesting business in South Korea Divests business to an affiliate of the Sajo Group. Seneca acquires Green Giant canned vegetable business Buyer is a longtime co-manufacturer for product line in United States. J.M. Smucker finalizes Hostess acquisition Transaction was first announced on Sept. 11. Selling soybean facility part of Benson Hill restructuring plan The company is turning its focus to an asset-light model and animal feed. Grupo Bimbo expands presence in QSR market Acquires Denver-based Mile Hi Bakery. SVB Foods acquires Vita Specialty Foods Company manufactures smoked salmon, pickled herring, and sauces. FTC asking additional questions about Campbell, Sovos deal Campbell is acquiring the company for $2.7 billion. Webinars - Active Nov 21 2023 Accelerating plant-based innovation Dec 06 2023 2023 Purchasing Seminar Winter Webinar Subscribe to Food Business News and get print or digital access today! Free Magazine Subscription To ensure delivery to your inbox, add foodbusinessnews@sosland-email.com to your address book or safe sender list. This is an unmonitored email address and replies will not be responded to. If you have questions or comments, please email us at subscriptions@sosland.com. Update your account     Forward     Subscribe     Unsubscribe THE MOST TRUSTED RESOURCE FOR FOOD INDUSTRY PROFESSIONALS ©2023 Sosland Publishing® 4801 Main Street, Suite 650, Kansas City, MO 64112 Privacy Policy