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. Editor’s Note: This is the second part of a Heard on the Street series on the food industry. When breakfast cereal producers are buying hip pet food brands and candy companies are gobbling up popcorn makers, it’s a clear sign that growth is hard to come by in the food sector. Buying a fast-growing,...
Source: Wall Street Journal June 06, 2018 09:22 UTC