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Diageo has formed a strategic joint venture to gain majority ownership interest in Lobos 1707 Tequila in exchange for Cîroc Ultra-Premium Vodka’s North American brand rights.
Hormel Foods is replacing its supply chain leader as group vice president of supply chain Steve Lykken leaves the company to pursue another opportunity.
Circana chief retail advisor notes tariffs are just the latest source of uncertainty to rattle consumers, who still haven’t recovered from the disruptions caused by the 2020 COVID-19 pandemic.
