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Business & Finance

Global Cost of Living: Milk and Bread
Analysis
Global Cost of Living: Milk and Bread

As we pass the mid-point of 2026, the global grocery sector is operating within a state of “fragile stabilisation.” While the headline-grabbing hyper-inflation of previous years has cooled to a manageable 3-4% across major economies, the underlying economics of the supermarket shelf tell a far more complex story.

Global Cost of Living: Milk and Bread
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Business & Finance

Jif Unveils First Major Brand Refresh in Over 30 Years

The J.M. Smucker Co. has unveiled a major brand refresh for Jif peanut butter, modernising packaging and renaming Jif To Go to Jif Dippers to capture snacking demand.

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People

B&G Foods Appoints Robert Mills as President and Chief Executive Officer

B&G Foods has appointed board member and former Tractor Supply executive Robert D. Mills as President and Chief Executive Officer, succeeding Casey Keller.

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Confectionery

Haribo Opens First US Retail Stores and Appoints New CEO

Confectionery major HARIBO of America has opened its first US retail stores in New York and Massachusetts under newly appointed President and CEO Jon Hughes.

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Energy Drinks

Indian Food Regulator Enforces 90-Day Energy Drink Label Removal Deadline

The Food Safety and Standards Authority of India (FSSAI) has rejected beverage manufacturer requests to extend a 90-day deadline for removing the phrase "energy drink" from high-caffeine product labels.

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Business & Finance

Nichols Acquires Functional Drink Brand ViTHIT for £64M

Nichols plc has acquired Dublin-based functional beverage brand VITHIT for £64 million to expand its presence across high-growth health and wellness categories.

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Business & Finance

Lotus Bakeries Unveils €500M Biscoff Expansion

Lotus Bakeries has announced a €500 million capital investment programme to expand global Biscoff production capacity following a 14% revenue increase in H1 2026.

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Foodservice

Yum China Completes $1.2M Acquisition of Pizza Hut Brand in China

Yum China has completed its $1.2 billion acquisition of the Pizza Hut brand ownership in Mainland China, eliminating license fees and accelerating store growth.

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Business & Finance

Diageo Unveils $1B Cost-Cutting Plan to Drive Growth

Diageo has unveiled a $1 billion cost-cutting strategy over three years to streamline global operations and reinvest in core brands, ready-to-drink offerings, and Guinness.

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