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PepsiCo plans to review its North American supply chain as it wraps up negotiations with Elliott, according to sources. The company also warned workers of incoming “structural changes.”

Ocado Group will receive a one-time cash payment of $350 million from Kroger, more than previously announced, after the U.S. grocer decided to close three automated warehouses.

PepsiCo has worked to overhaul its portfolio of brands since Elliott announced a roughly $4 billion stake in September and called on the company to review and streamline its snack offerings

The company’s core consumer is shopping more frequently while purchasing fewer items per visit — an indication that they’re financially pressured, CEO Todd Vasos said on a call with analysts. 

Kroger’s results add to mixed signals about the health of the U.S. economy as consumers navigate persistent woes about inflation and the cooling labor market.

The combined entity would have leapfrogged Sysco at the top of the food service carrier table — serving restaurants, corporate offices, convenience stores, gas stations and truck stops.

Tyson Foods is ending operations at a beef plant in Nebraska and cutting a shift at a Texas facility as the meat producer loses millions amid the smallest American cattle herd in decades.

Amid wider economic uncertainty, sizable layoffs have continued to pile up for companies across many industries, including transportation — raising worker anxieties.

Walmart posted strong sales and profits that blew past Wall Street expectations as it sets itself up for a strong holiday shopping season.

Kroger said it will close facilities in Pleasant Prairie, Wis.; Frederick, Md.; and Groveland, Fla., in January, and will monitor the performance of its five remaining facilities.