Company transitioning to three operating segments to drive sustainable growth Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, on Tuesday announced a new strategic operating model, aligning its businesses to be more agile, consumer and customer focused, and market-driven. Effective Oct. 31, 2022, the beginning of fiscal 2023, the company is transitioning to three operating segments – Retail, Foodservice and International. The One Supply Chain team will continue … [Read more...] about Hormel Foods Announces New Strategic Operating Model