The pet food brand is partnering with the business development company to enhance its business growth strategy.

The company plans to lay off about 8,000 employees globally. 

The retailer plans to focus on improving its product assortment, offering more shelf space and staying competitive on pricing to continue its growth.

Mark Karns will take on the role focused on corporate development, mergers and acquisitions.

According to Smucker’s latest financials, the pet food brands continue to experience sales growth.

Net sales for the company were $1.13 billion for the third quarter of 2024, representing 22% of Colgate-Palmolive’s total sales.

New Zealand Riverland Foods has shipped its first orders to the North American pet food market. 

Gabriel Millan will lead global finance function for the pet care giant. 

Net sales for the company’s pet foods division were flat for the first quarter of the 2025 fiscal year.

Friexe will be taking over the position from Ulf Mark Schnieder, who is leaving the company.