AGP Executive Report
Last update: 3 hours agoConsumer Trends: Alcohol fell to a record-low 0.77% of U.S. household spending last year, as drinking declines most among younger adults. Food Safety: Once Upon a Farm will discuss its Oct. 30 voluntary recall on a Nov. 2 investor call. Grocery Retail: Kroger plans about 110 new stores by 2029, with redesigned formats emphasizing fresh food, prepared meals and online orders. Food Policy: New SNAP beverage restrictions take effect Sunday; South Carolina is also banning SNAP purchases of sugary drinks and candy. Restaurant Business: A Peltz-led group has offered $1.4 billion to take Wendy’s private, while McDonald’s must face a lawsuit alleging its McRib sandwich contains no rib meat.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.