Sales for the largest packaged food companies have been down the past few years as changing tastes, startup brands and e-commerce giants threaten from all angles. WSJ’s Ken Brown takes us on a walk through the supermarket. Smucker is making moves to boost growth but is being weighed down by weakness in its core brands. The company on Tuesday reported sales and earnings per share for the quarter through July that missed analysts’ estimates. Excluding the recently acquired Ainsworth Pet Nutrition business, organic net sales were down slightly from a year earlier as the coffee, food and pet categories all turned in lackluster performance.

Source: Wall Street Journal August 21, 2018 15:22 UTC