Is the Nestlé e-commerce strategy the future of CPG?

Last week Nestlé, the world’s largest packaged food company, posted solid earnings as consumers continued to pivot towards grocery stores amid the pandemic. Overall, the company saw organic growth rise by 3.6%, putting it in between rivals Kraft Heinz (6.3%) and Unilever (1.9%). Much of this growth is due to smart acquisitions and divestitures, recently headlined by its $4.3 billion sale of its…