CEO Jeff Harmening said the company is “innovating in new product forms that command premium price points,” which includes a box of Morning Summit cereal priced for a cool $13.
Dairy Farmers of America will acquire 44 of the Dean Foods’ fluid and frozen facilities in a stalking horse bid, as well as the real estate, inventory, equipment, and all other assets necessary to operate them.
A tectonic shift in consumer attitudes toward plastic waste have brands harking back to bygone days when environmental sustainability — like the neighborhood milk man — was standard business practice.