November 2023

“Kraft NotMac&Cheese,” Kraft’s first-ever plant-based alternative, will hit grocery store shelves in two flavors very soon. “Kraft NotMac&Cheese” is the product of a partnership with NotCo., a company that creates plant-based foods. This partnership comes at a time of growth for plant-based product popularity. According to research firm NIQ, plant-based product sales surged 19% last year to $11 billion. NIQ, however, pointed out the risk for Kraft...

Bud Light is still facing the fallout of its controversial partnership with transgender activist Dylan Mulvaney. This week, Anheuser-Busch InBev reported a 13.5% decline in U.S. revenue, according to Fox Business. Additionally, “The global brewing conglomerate also reported a 17.1% decline in North American sales volume during the third quarter. Its North American sales fell 14.5% in the prior quarter, when the Bud Light brand lost...