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Sustained investment in innovation is the best tonic for what ails
Makers of packaged foods and other household goods have been having a rough year. Sustained investment in innovation is the best tonic for what ails them.
The sector has been among the worst performing in the U.S. stock market. The S&P 500 consumer staples subindex is down 5.2% so far this year, compared to an 8% rise in the broader index.