Read more: Campbell’s iconic soup can design shouldn’t be updated: Von HahnArticle Continued BelowCampbell Soup’s fresh food push falls flat Campbell Soup and other packaged food companies have been hurting as consumer tastes change. Morrison said more people are shopping in the produce sections of supermarkets and not picking up its unrefrigerated V8 juices and cans of Campbell Soup. At its soup and juice division, Campbell Soup’s biggest business, sales fell 3 per cent in the three months that ended July 30 from the same period a year ago. The Camden, New Jersey-based company said revenue fell 1.4 per cent to $1.66 billion, falling short of the $1.69 billion analysts expected. Shares of Campbell Soup fell $2.98, 5.9 per cent, to $47.27 in morning trading.

Source: thestar August 31, 2017 19:07 UTC