JM Smucker sheds baking brands to focus on pet foods, snacking

JM Smucker (SJM), one of the popular food brands in American households, has been busy revamping its brand portfolio for some time, with a focus on strategic acquisitions, to stay relevant in the fast-changing packaged food market. While broadening market share, some of the recent high-value buyouts have also raised concerns about the company’s growing … Continue reading JM Smucker sheds baking brands to focus on pet foods, snacking