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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

Arctic Apple could be Litmus test for future of GM foods, Rabobank analysts suggest

When the Arctic Apple hits select store shelves this month as one of the first products genetically modified for consumers’ benefit, it will serve as a line in the sand for the tug of war between the non-GMO movement and the future of food innovation.

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.

Ag Committee weighs whether SNAP should pay for sugary drinks

Prohibiting the purchase of sugar-sweetened beverages and other “unhealthy” foods and beverages with SNAP benefits, also known as food stamps, likely would not discourage their consumption, but would be costly and difficult for retailers to implement, industry stakeholders argued on Capitol Hill last week. 

Full-year results

Nestlé coy on future of ‘disappointing’ US confectionery unit

Butterfinger maker Nestlé refuses to speculate if it will offload its challenged US confectionery business, but says it is “no stranger” to portfolio trimming.

Kraft Heinz drops Unilever bid but are other UK firms 'sitting ducks' for post-Brexit takeovers?

Unilever shares have plummeted as Kraft Heinz drops its multi-billion dollar merger bid -  but with the sterling weakened by Brexit, smaller firms are "sitting ducks" for foreign takeovers, UK politicians have warned.

Guest article

Did a Nobel Laureate spark the obesity epidemic?

Do increasing portion sizes and micronutrient-deficient foods adequately explain the worldwide epidemic that is obesity? Why is happening in the developing world as well as the developed?

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