Nestlé plans to double down on ‘billionaire brands’ in major overhaul, cutting $2.8 billion in costs
Nestlé is home to 31 brands that are "billionaires" in their own right. Still, it's slipped behind competitors—new CEO ...
Nestle to cut costs by $2.8 billion, boost marketing under CEO Freixe
Nestle will step up advertising and marketing, cut costs, split its water and premium drinks business out of the rest of the ...
Yahoo17h
Nestle to Step Up Spending in Push to Boost Sales Growth
The food giant tempered its profit expectations for next year and for sales growth over the medium term, as it steps up ...
Bloomberg L.P.13h
Nestle Will Lift Coffee Prices, Shrink Bags as Beans Get Pricier
The world’s biggest coffee maker, Nestle SA, will continue raising prices and make packs smaller to limit the impact of ...
Meat8h
Nestle expands frozen food plant with $150 million investment
COLUMBIA, SC. — Nestle USA is investing $150 million to expand its frozen food facility in Gaffney, SC. The expansion will ...
Nestle’s big gamble: will cost-cutting & marketing be enough?
Nestle, the world's largest food company, is embarking on a transformative journey under its new CEO, Laurent Freixe.
The Financial Times19h
Nestlé serves up a bland vision for consumer conglomerates
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. For the average consumer goods giant, life is sadly lacking in spice. The pandemic-era bubble has dissipated, ...
Nestle plays down RFK Jr's anti-packaged food rhetoric
Nestle on Tuesday sought to play down any differences with Robert F. Kennedy Jr., who has been critical of packaged foods, ...