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- by foodbusinessnews.net
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B&G Foods’ strong year giving way to inflation, supply concerns
PARSIPPANY, NJ. – As a manufacturer and marketer of center store staples like frozen food, prepared foods, spices, seasonings and other products, B&G Foods, Inc.’s fiscal 2020 was beyond expectations. Now the company is facing rising costs due to commodity inflation and supply chain constraints that may pressure performance. “The great majority of our brands grew in fiscal 2020, some substantially because of the dramatic effects of COVID on consumer buying and dining patterns,” said David L. Wenner, interim president and chief executive officer, during . . .