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Meal kit co Sun Basket raises $15m in Series C financing round

Sun Basket raises $15m: 'Our goal is become America's favorite way to make healthy organic meals'

San Francisco-based Sun Basket, one of the fastest-growing players in the burgeoning meal kit delivery market, has raised $15m in a Series C funding round that will enable it to complete work on a third distribution center that will give it access to 98% of shoppers in the continental United...

Explosive growth: Sun Basket increased its employee count from 100 to 700 in 2016
C-Fresh sales down 8% in Q2 driven by lower sales of carrots, Bolthouse Farms refrig beverages, Garden Fresh Gourmet

Campbell Soup CEO: Fresh is the future, but ‘the truth is, we expected more, faster…’

Packaged fresh food is bang on trend as consumers seek more convenient fresh and healthy options, says Campbell Soup CEO Denise Morrison. But it’s taking longer than expected for the company’s brands in this segment to deliver a positive impact on the group P&L.

Bone broth sales more than tripled in 2016, albeit off a very small base

The bone broth category (shelf-stable and refrigerated) is pretty small in the scheme of things, but it’s growing rapidly, with US retail sales more than tripling to $19.7m in the 52 weeks to Jan 22,* fueled by a small but highly engaged set of health conscious consumers, Paleo enthusiasts and...

The Dairy Aisle: La Colombe’s clever strategy to stand out in the crowded cold coffee category

Around 80% of La Colombe’s Draft Latte product is milk, so why not place it in the dairy section? That’s what ran through the mind of EVP of sales Kyle O’Brien, and retailers are going with it.

BREAKING NEWS

Unilever rejects $143bn Kraft-Heinz mega-merger bid

Dutch-Anglo food giant Unilever has rejected a $143bn (€134bn) merger proposal from US company Kraft Heinz as being too low.

Snacking Innovation Summit trend-watching: Mini-meals, tapas-style eating, and hero SKUs

The trend towards continuous grazing throughout the day will create new ‘multi-temperature’ snacking opportunities for manufacturers as a ‘tapas-style’ approach to eating gains momentum, predicted panelists at the FoodNavigator-USA/BakeryandSnacks snacking innovation summit.

Soup-To-Nuts Podcast: Paid influencers make big impact with small budget in hot sauce category

From restaurants’ fixation with ghost peppers to the presence of sriracha on dining tables across the country and chili pepper in everything from snack chips to hot chocolate, it is probably safe to say that America is obsessed with all things spicy. 

Ripple ‘Not Milk?’ campaign brands almond milk a ‘sham’ and tackles dairy over sat fat, sugar and sustainability

Pea protein-fueled brand Ripple has weighed into plant-based ‘milk’ debate with a provocative new media campaign that challenges the nutritional and environmental credentials of dairy milk, but also brands almond milk a ‘sham,’ and argues that when it comes to protein content, coconut and cashew milk are ‘even worse.’

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