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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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Coffee & Tea

Luckin Coffee Partners with Duolingo for Back to School Campaign

Luckin Coffee has partnered with Duolingo to launch a limited-edition summer and back-to-school beverage campaign across its New York City locations.

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People

Hormel Foods Appoints John Ghingo as Chief Executive Officer

Hormel Foods has appointed company President John Ghingo as Chief Executive Officer, effective 26 October 2026, succeeding interim CEO Jeff Ettinger.

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People

MGP Ingredients Appoints Four Executive Leaders to Drive Spirits Growth

MGP Ingredients has appointed four senior executives across distilling sales, national accounts, brand marketing, and FP&A to strengthen its spirits and commercial operations.

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Business & Finance

McCormick Outlines Operating Model and Executive Team for Unilever Foods Combination

McCormick & Company has unveiled its future operating model, executive leadership team, and plan for a secondary listing on the London Stock Exchange following its proposed combination with Unilever Foods.

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Beverage

Nestlé and Platinum Equity Partner to Create Peranel Premium Water and Beverage Venture

Nestlé and Platinum Equity have announced a 50:50 joint venture valued at €4.9 billion to establish Peranel, an independent water and premium beverage enterprise.

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Beverage

Tom Holland's BERO Launches Limited Edition Spider-Man Cans Ahead of Movie Release

Tom Holland's non-alcoholic beer brand BERO has partnered with Sony Pictures to launch limited-edition Spider-Man Brand New Day collectable cans across direct-to-consumer and cinema channels.

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Technology

Sweet Robo and Santa Cruz Fun Foods Launch Automated ICEE Cotton Candy Machines

Sweet Robo and Santa Cruz Fun Foods have commercially launched robotic ICEE Cotton Candy Machines across North American retail and entertainment channels.

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Meat & Seafood

Mark Foods Completes Acquisition of Endeavor Seafood

Mark Foods has acquired Rhode Island-based frozen seafood importer Endeavor Seafood, fully integrating the business to expand its product portfolio and global supply network.

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