Two international names in food and beverages made the news about things they're losing this week. Coca-Cola dropped in international brand value rankings, while Nestle's CEO clarified that the company is looking for under-performing business units to offload.
Find out who may be first to go and see for the federal government shutdown is doing to food in the news posts below:
- Nestle CEO: The company will get rid of some brands: Nestle wants "to be in business, not in agony," according to Bulcke.
- America's top 15 nutrition bars: Who's got the most energy?: If Nestle decides to sell PowerBar, what share of the market will the new owners get?
- Federal government shutdown begins—and food will feel it: The shutdown of the federal government will effect every aspect of American life—particularly our food.
- 4 challenges food packaging needs to overcome: The world is changing, and packaging needs to adapt to the information age, as well as evolving consumer lifestyles.
- Coca-Cola loses world's 'most valuable' brand status—to a fruit: The mainstay at the top of the 13-year-old rankings now sits at the No. 3 slot.
Would you like to see more food news like this in your inbox on a daily basis? Subscribe to our Food Dive email newsletter!