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TreeHouse Foods became a behemoth in the domestic private-label food space, with more than $6 billion in sales in 2016. But size hasn’t led to better profitability, as the company generated a 10% ...
Hanesbrands, like many apparel producers, struggled with pandemic-related shipping delays and supply issues. Further, the company faced higher input costs, such as cotton, energy, and wages, in 2022.
The retailer is also eliminating low-performing SKUs and will boost its e-commerce in partnership with Beyond.