ADVERTISEMENT
Campbell’s soup faces serious challenges
Campbell’s Soup, a staple food that has been popular with American cuisine for nearly two centuries, is now on the verge of closing. The company’s difficulties are largely due to changing consumer preferences, who increasingly prefer natural and unprocessed foods to traditional processed Campbell’s products.
In order to remain relevant, Campbell expanded its portfolio through a series of acquisitions, but this strategy resulted in a heavy debt of 9 billion dollars.
CEO Mark Clouse discusses holiday shopping trends
To keep reading, scroll down and click Next.
ADVERTISEMENT