Nestle CEO says weight-loss drugs no threat to coffee business
ZURICH (Reuters) – Nestle sees no threat to its huge coffee business from the rising popularity of weight-loss drugs like Eli Lilly’s Zepbound and Novo …
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Nestle to invest $1.2 billion in Brazil by 2025
SAO PAULO (Reuters) – Nestle said on Wednesday it will invest about 6 billion reais ($1.23 billion) in Brazil by the end of 2025 as …
Nestle France in talks to sell Caudry plant to Italpizza
PARIS (Reuters) – Nestle France, the French arm of Swiss packaged-food giant Nestle, has entered exclusive talks to sell its plant in Caudry, northern France, …
Nestle shares at two-year low as investors weigh Wegovy rollout
(Reuters) – Nestle shares were under pressure on Friday as investors weighed the potential impact of Novo Nordisk’s blockbuster weight-losing drug Wegovy and how it …
Today is the First National Chocolate Milk Day in a New Jersey without Nestle
FREEHOLD, NJ – – Today marks National Chocolate Milk Day, an annual observance that honors the popular flavored milk beverage enjoyed by millions. It’s also …
Nestle divests peanut allergy business Palforzia
ZURICH (Reuters) – Nestle has divested its peanut allergy treatment business Palforzia, the Swiss food company said on Monday, following its strategic review of the …
Layoffs Near for Remaining Nestle Employees at Freehold Plant
FREEHOLD, NJ – On November 17, the Nestle plant in Freehold will officially shut down and the 218 remaining employees will be without a job, …
Nestle Cookie Dough Recalled Over Wood Splinters
If you bought a Nestle Chocolate Chip Chip Cookie Dough Bar from your favorite New Jersey supermarket in the past few days, you might want …
Nestle says price rises will moderate in rest of 2023
LONDON (Reuters) – Nestle will raise prices at a more moderate rate in the remainder of 2023, its CEO said on Thursday, as the company …
Nestle uses Airbus satellites to monitor reforestation in Thailand
By Richa Naidu LONDON (Reuters) – Nestle is piloting using Airbus satellites to monitor reforestation, amid global concerns about whether consumer goods companies are doing …
KitKat sweetens Nestle sales with Easter, Valentine’s Day comeback
By Richa Naidu LONDON (Reuters) – In a quarter that saw Nestle’s overall sales volumes dip, the KitKat maker’s candy business was a sweet spot …
Nestle, PAI to create joint venture for frozen pizza in Europe
BERLIN (Reuters) – Nestle and private equity firm PAI Partners have agreed to set up a joint venture for Nestle’s frozen pizza business in Europe, …
Nestle sees price pressures easing -chairman tells newspaper
ZURICH (Reuters) – Nestle is seeing an easing of price pressures stemming from raw materials, transport and packaging costs, said Chairman Paul Bulcke, adding that …
Nestle plans price hikes after costs eat into profits
By John Revill and Richa Naidu ZURICH/LONDON (Reuters) -The world’s biggest food group Nestle will lift prices again this year, Chief Executive Mark Schneider said …
Nestle to pay ex manager $2.2 million over bullying case – Tages-Anzeiger
ZURICH (Reuters) – Nestle will pay a former manager 2 million Swiss francs ($2.2 million) compensation after a Swiss court upheld her claim of bullying …
Nestle to hike food prices further in 2023, CEO says
(Reuters) – Nestle will have to raise prices of its food products further this year to offset higher production costs that it has yet to …
Celebrate National Chocolate Chip Day The Nestlé Toll House Café by Chip Way
Premier dessert and bakery café offers 12 Classic Nestle Toll House Chocolate Chip cookies for just $5 on May 15 Dallas, TX (RestaurantNews.com) Calling all …
nomoo Partners With Nestlé Professional for Custom Line of Plant-Based Products
Emerging plant-based burger concept taps global foodservice manufacturer to help drive profitable growth and support its national franchise expansion Los Angeles, CA (-) nomoo has …
Nestle CEO does not see ‘significant’ baby formula shortages outside U.S.
ZURICH – Nestle does not expect “significant infant formula shortages” in other markets the Swiss food maker serves outside the United States, Chief Executive Mark …
Nestle to acquire Brazilian foodtech Puravida
SAO PAULO – Nestle SA on Monday said its Nestle Health Science unit has reached a deal to acquire Brazilian organic, natural, plant-based food maker …
Nestle delivers over 100 pallets of infant formula to U.S
(Reuters) – Nestle SA on Sunday delivered 132 pallets of its Health Science Alfamino and Alfamino Jr infant formulas to a U.S. facility, the company …
Nestle CEO says growth target conservative, margin more challenging
ZURICH – Nestle’s organic growth target of around 5% this year is “conservative” while the margin target has become more challenging due to inflationary pressures, …
Nestle says halts non-essential food exports and imports to Russia
ZURICH – Nestle has stopped exporting and importing non-essential food items such as Nespresso coffee or S.Pellegrino water from and to Russia, a spokesperson told …
Nestle reopens factories, warehouses in central and west Ukraine
By Maytaal Angel LONDON – Nestle, the world’s largest food group, said it has reopened its factories and warehouses in central and western Ukraine in …
Nestle temporarily close factories, warehouses in Ukraine
ZURICH – Food group Nestle said it has temporarily closed its factories, warehouses and supply chain in Ukraine following the Russian invasion. “Ensuring the safety …
Nestle says operations running normally in Ukraine, continuity plans in place
ZURICH – Food group Nestle said operations in Ukraine were running normally after Russian forces fired missiles at several cities in Ukraine, but the company …
Nestle says “low interest” in broad consumer health care portfolio
ZURICH – Nestle wants to focus on nutrition and metabolism for its health science business rather than building a broad health care portfolio, its chief …
DiGiorno recalls 28,000 pounds of frozen pizza due to undeclared allergen
WASHINGTON, Sept. 26, 2021 – Nestle USA Inc., a firm in Schaumburg, Ill., is recalling approximately 27,872 pounds of frozen DiGiorno Crispy Pan Crust pepperoni …