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Hain Celestial to Refocus on North American Business, Divests International Brands
As of September 14, Hain Celestial’s fiscal fourth-quarter earnings call highlighted portfolio changes, tariff-refund benefits, and mixed demand trends across food and beverage categories, according to an earnings call transcript. At the same time, company leaders announced a definitive agreement to sell their international business to a private equity firm, Aurelius, for $323 million in cash.
The Retail Rundown: Grocers Make a Final Push for Grilling
Labor Day falls on Monday, September 7, signaling the unofficial end of summer and the last major grilling occasion before consumers turn their attention to school, football, and the fall holidays.
The three-day holiday weekend is a key promotional window for grocers, but the 2026 protein market presents a more challenging backdrop. Factors like tight cattle supplies and broader economic pressures are influencing both availability and consumer demand, prompting retailers to take a more strategic approach to promotions.
From a wholesale beef perspective, the market has become less favorable for retailers seeking promotional leverage. Choice and Select beef cutout values have climbed since the...
Lamb Weston Shutters One Plant, Defers to New Production in Argentina; North American Sales Flat
As of January 8, Lamb Weston will close one potato processing facility in Munro to consolidate into its newest facility in Mar del Plata, Argentina, according to a press release from the group that supplies some of the world's largest fast-food chains. While the company realizes most of its profits in North America, officials say other markets like Argentina are growing quickly.
“These actions are part of our broader strategy to improve profitability and enhance operational efficiency across our global manufacturing network..."
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