The purchase of the iconic hot dog brand will enable the pork giant to grow sales of its packaged meat business, its largest segment.

Prices for goods in both categories rose by more than 15% in December as food costs moved ahead at a quicker pace than the month before.

Joe Scalzo is returning to the top position as the Atkins owner is facing decreased demand while consumers abandon low-carb diets in favor of GLP-1s for weight loss.

As CPG companies aim to improve their businesses amid a challenging environment, some firms are expected to cut jobs, lower prices and boost innovation to increase their competitiveness.

The purchase of College Inn and Kitchen Basics gives the Crisco owner a bigger presence in home meals as consumers spend less at restaurants.

Sedef Salingan Sahin will lead digital transformation efforts, including in marketing, while CMO Manolo Arroyo’s remit will expand.

The acquisition will enable the 55-year-old brand to enter new geographies and distribution channels while boosting innovation.

Who is the 2026 shopper? More cautious. Less loyal. Harder to predict. Discover how to meet their demands with smarter pricing, bold flavors, and clear value.