Tag: Production facilities
Maker of Coach handbags calls off merger with company that produces Michael Kors accessories
NEW YORK -- Fashion company Tapestry on Thursday said it's terminating its proposed merger with Capri because the two luxury groups don't expect...
Kraft Heinz stops serving school-designed Lunchables because of low demand
Food and beverage manufacturer Kraft Heinz said Tuesday that it no longer is serving the Lunchables meals it created for U.S. schools. The...
About 1,100 workers at Toledo, Ohio, Jeep plant face layoffs as company tries to reduce inventory
DETROIT -- About 1,100 workers at the Stellantis Jeep factory in Toledo, Ohio, are facing layoffs early next year as the company takes...
Beyond Meat reverses revenue slide by raising prices on its plant-based products
Beyond Meat reversed a sales slide in the third quarter, growing revenue for the first time since 2022 as it charged higher prices...
PepsiCo is closing 4 bottling plants and cutting nearly 400 jobs
PepsiCo said Wednesday it plans to close four U.S. bottling plants and lay off nearly 400 workers as part of its efforts to...
After 127 years, Smucker's has moved beyond jam. But its CEO still finds time to jam on weekends
Smucker's Uncrustables – the pillowy peanut butter and jelly sandwiches found in the frozen aisle – could soon hit $1 billion in annual...