US processor Smithfield Foods has published a detailed response to the recent allegations that it was not protecting its staff during the ongoing coronavirus pandemic.
As the pandemic unfolds, many investors are hitting pause on cash injections into early-stage brands. But for VC funds BFG Partners and BIGR Ventures, the crisis has made investment decisions more clear in terms of what separates an 'OK' brand...
As measures designed to flatten the curve of the coronavirus pandemic continue to flatten the economy simultaneously, many companies are making tough decisions to survive, including whether to pull-back on expansion plans, lay off employees, rationalize...
Hershey Co has announced it has withdrawn its full year financial outlook for fiscal year 2020 and has warned of weak sales in certain categories as households worried about their financial futures cut spending on snacks and chocolates.
Unlike many emerging brands, which have had to ramp up - on in some cases create from scratch - e-commerce capabilities during this pandemic, Magic Spoon has been a direct-to-consumer business from the outset, and sales are going through the roof, say...
Strong food & beverage brands with world class management teams will continue to attract funding, but valuations are “falling by the minute,” and the days of throwing money at emerging brands and seeing what sticks are over, at least for now, says...
As extensions and new inclusions have been made to many government-mandated social distancing policies, a majority of North American consumers indicate they expect the impact of COVID-19 will persist for up to six months, according to Nielsen.
While the federal government has taken several steps in recent weeks to help feed low-income children during the ongoing coronavirus pandemic, a leading public health advocate argues more must be done to protect the one in 10 children facing food insecurity...
Synapse, a ready-to-drink, stimulant-free, nootropic beverage brand which gained an early following with gamers and e-sports competitors, is now growing within a mainstream consumer audience who are looking for an alternative to caffeinated energy drinks...
The way consumers are shopping during the COVID-19 public health pandemic has changed drastically with significantly fewer trips being made to physical grocery stores and a rise in online shopping, according to a new survey of 2,012 US consumers conducted...
As wait times for delivery windows from traditional grocery retail ecommerce sites stretch further into the future, Americans increasingly are buying products directly from manufacturers’ websites during the coronavirus pandemic, creating an opportunity...
Kraft Heinz has closed, deep-cleaned, then rapidly re-opened, manufacturing facilities in Holland, Michigan, and Springfield, Missouri, after employees tested positive for COVID-19.
Nutrition and health ingredients supplier DSM is experiencing significant spikes in demand for vitamin C and other functional ingredients, reflecting higher overall sales of packaged foods and beverages as consumption switches to the home, coupled with...
Like many CPG companies trying to maximize efficiency and streamline supply chains during this pandemic, Coca-Cola has been “ruthlessly prioritizing to deliver on core SKUs,” in recent weeks. But it’s also signaled plans to streamline the innovation pipeline...
