Volvo will launch 13 new models by 2030 in an effort to double its market share.
Seven of the 13 models will be for western markets, including a mix of hybrid and electric vehicles. Large models are intended for the US, and medium models for Europe. The remaining six will be mid-sized models for China.
Video Spotlight:
Limited-time offerings (LTOs) are popular with restaurants this fall.
Starbucks brought back its Pumpkin Spice Latte on August 25th. It is part of their seasonal fall menu. This marks 23 years since Starbucks added it to its fall menu.
Little Caesars partnered with Sony Pictures on the new film—Spider-Man: Brand New Day to create their Webberoni pizza. This pizza includes a “web” pattern made of shredded pepperoni.
Chick-fil-A has an LTO chicken and waffle sandwich on its fall menu.
Several restaurants are going with […]
Coca-Cola recently experienced a ransomware attack on its Fairlife dairy unit and suspended production at the company’s U.S. production facilities.
Coca-Cola shared the attack has no effect on the quality and safety of its Fairlife products, which include ultra-filtered, lactose-free milk as well as protein and nutritional shakes. Fairlife’s Canadian operations were unaffected and remained open.
Cyber attacks on food and beverage companies can be financially disastrous—both in terms of inventory and potential impacts to customers—by threatening, for example, to lower (or increase) […]
Hershey’s recently announced a shift back to its original chocolate recipes.
Years of escalating cocoa prices and other input costs led to smaller bars, extra wafers and cocoa alternatives. Now, a slump in cocoa bean prices has driven down the cost of chocolate production, and Hershey’s is bringing back the cocoa.
With cocoa futures down nearly 70% since late 2024, the shift is expected to lead to lower shelf prices for consumers, a demand recovery for cocoa farmers, and a partial reversal […]