5 charts that show how milk sales changed and made it tough for Dean Foods to avert bankruptcy
Publishing timestamp: 2019-11-13 20:00:01
Summary
Dean Foods, the nation's largest milk maker, has filed for Chapter 11 bankruptcy due to declining milk consumption, competition from alternatives like bottled water and nondairy milks, and rising milk prices. The company is in discussions with Dairy Farmers of America to sell all or part of its business, but will need to navigate antitrust hurdles and changing market demands.
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Keywords: retail industry, wayfair inc, food and drink, business, dean foods co, breaking news: business, restaurants, business news,
Source: https://www.cnbc.com/2019/11/13/5-charts-that-show-how-milk-sales-have-changed.html