“Food Manufacturers Streamline Operations Amid Economic Uncertainty: Plant Closures and Cost-Cutting Measures”
As companies seek to reduce expenses, numerous food manufacturers have closed facilities to streamline their supply chains. Cost-cutting has become increasingly critical as businesses face a decline in consumer spending due to inflation and economic uncertainty, which has diminished demand for many products. This year, several firms, including PepsiCo, Conagra Brands, Post Holdings, and Brown-Forman, … Read more