Unilever Just Proved Us Right. And It's Going to Get Worse.

How the McCormick deal, collapsing stock prices, and the Kraft Heinz reversal are reshaping the future of Big Food

Mar 31 • Goods Partners

1

Extraordinary value destruction

Short note on something that should be getting more mainstream press...

Mar 12 • Goods Partners

February 2026

goodsDEX Sneak Preview + ICR 2026 Takes

Good morning,

Feb 2 • Goods Partners

2

1

November 2025

Understanding US Population Projections

There's too much online prognostication and too little data analysis. Let's set the record straight on what's happening.

Nov 28, 2025 • Goods Partners

Foodservice, the role of “Public Food,” and the rise of McDonald’s

A Part 1 introduction to a multi-part series

Nov 25, 2025 • Goods Partners

1

August 2025

One Year Later: Big Food Is Breaking Apart, Just Like We Predicted

Last summer, we laid out a framework across three essays.

Aug 31, 2025 • Goods Partners

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1

The Invisible Empire: Cargill (Part 2)

In June, we previewed this deep dive into Cargill, the largest privately held company in the United States (by revenue, latest available figure ~$165…

Aug 12, 2025 • Goods Partners

June 2025

B&G Foods equity trades for~1x EBITDA

BGS: One year into the turnaround few believe will actually happen

Jun 5, 2025 • Goods Partners

The Invisible Empire: Why Cargill Exists (Part 1)

It's the most powerful food company on Earth but prefers you didn't know that

Jun 4, 2025 • Goods Partners

May 2025

The Colorfully Opaque World of Plastics (Part 2)

An tariff and geopolitical interlude to Part 3

May 5, 2025 • Goods Partners

February 2025

You Zigged, I Zagged, Hershey Zugged

How Hershey's Secretive Swiss Trading Unit Delivered 100% Unadjusted (GAAP) Profit Growth This Quarter—But Has a Ton More Work to Do

Feb 6, 2025 • Goods Partners

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Trade war, eh? Who cares? (It depends)

Here Comes the Trade War

Feb 3, 2025 • Goods Partners