1. There is a HUGE price war going on in the supermarket business and prices are dropping.
2. Packaged foods as a segment are suffering as people migrate toward fresher, healthier fare.
3. As the population ages, the popularity of candies and junk foods starts to drop off.
4. The world is headed for another recession.
What is odd to me is that the very thing Nestle is criticized for, namely moving slowly and methodically, is what we should be applauding in the business world. What the world needs more of is methodical thinking. What we need less of are financial stunts that create apparent wealth on paper (and real wealth for a select few) but no real changes in the marketplace.