Reporting

  • Hershey’s Work Model: Deep Work Mondays and Pizza Wednesdays

    Hershey’s Work Model: Deep Work Mondays and Pizza Wednesdays

    By Shefali Kapadia  HERSHEY, Pa. — On a Thursday at Hershey’s headquarters these days, the building is neither empty nor full. A group filters into a small conference room for an in-person meeting and fills every chair. A bank of cubicles on the upper floor sits largely vacant, and the handful of employees sitting there speak to… Read more

  • A Look at PepsiCo’s Journey Inside Web3 and the Metaverse

    A Look at PepsiCo’s Journey Inside Web3 and the Metaverse

    By Shefali Kapadia CHICAGO — One morning in 2007, Kelly Ripa and Regis Philbin were hosting their TV show on ABC, discussing the debut of the iPhone. Talking on the phone through an iPod? “Ridiculous,” was Philbin’s conclusion. That bit was comedic then, and it still is now, but for a different reason. The TV… Read more

  • Costco, BJ’s Are ‘Winning With Consumers.’ Is That Also a Win for CPGs?

    Costco, BJ’s Are ‘Winning With Consumers.’ Is That Also a Win for CPGs?

    By Shefali Kapadia A hallmark of every Costco location — aside from food court hot dogs — is the club retailer’s immense grocery section. Multipacks of tortilla chips, jumbo boxes of cereal and big stacks of flavored water line the aisles. In today’s economy, the grocery section at club retailers has become even more popular due to… Read more

  • What’s Next in Mondelez’s M&A Spree? 5 Possibilities

    What’s Next in Mondelez’s M&A Spree? 5 Possibilities

    By S.L. Fuller, Shefali Kapadia Word on the street is Mondelēz International has cash to burn, and it might be looking to burn it on M&A. But which CPG would be the Oreo maker’s main target? Axios reported — after observing an investor conference in Florida — that Hostess Brands “stands out as an attractive… Read more

  • Hershey Beefs Up Workforce, Leadership to Grow Salty Snacks Unit

    Hershey Beefs Up Workforce, Leadership to Grow Salty Snacks Unit

    By Shefali Kapadia Hershey plans to add employees and executives to its salty snacks division to support the growing segment, company leadership told analysts on the CPG’s Q4 earnings call last week. “One of our key strategic goals this year is really to integrate [and] scale our salty business,” CEO Michele Buck said on the call. “And so,… Read more

  • What Target’s Plan to Cancel Orders Means for CPGs

    What Target’s Plan to Cancel Orders Means for CPGs

    By Shefali Kapadia After months of building inventory to hedge against stockouts, some retailers now face the opposite problem: what to do with a glut of supply. In June, Target announced plans to “right-size its inventory, ” which included markdowns and cancellations of some orders. The actions to right-size will continue for the rest of… Read more