Mass retailer “still in the early days of building out food business,” CEO says.

On-trend flavors, collaborations taking center stage.

CEO Doug McMillon: ‘We’re seeing that from some of them and not others.”

Food and beverages experienced the biggest decrease, with brand-new products representing 26% of launches from January through May 2024.

Walmart dominates with five top brands in US household penetration.

FDA indicates the labeling initiative is one part of an overall strategy.

Market is moving from a small sugar deficit last year to a small surplus this year.

Plant will allow the company to process all of its molasses byproduct.

Cocoa bean futures remain volatile despite strong cocoa demand.