Nestlé is ready to be “much more acquisitive” now after 18 months of aggressively selling underperforming businesses and brands that did not tidily fit into the company’s new image of itself as a primarily nutrition, health and wellness business, according...
While economic stimulus spending has helped drive up Walmart’s market share in general merchandising in recent months, it may have taken an unexpected toll on the retailer’s grocery business when paired with other pandemic-related operational changes,...
Perduefarms.com launched – without much fanfare – in December 2019. Three months later, COVID-19 hit, and director of e-commerce Chris Perdue was thanking his lucky stars his team had spent so much time quietly laying the foundations of a direct-to-consumer...
As record high sales from the early days of the coronavirus pandemic level out at rates significantly lower than March and April but still higher than last year, CPG companies are trying to reassure investors that they can hold on to new customers and...
Retailers interested in attracting more Black shoppers, who Nielsen reports wield an annual buying power of $1.5 trillion and make more grocery trips per year than all other racial groups, need to stock and prominently highlight more products by Black-owned...
While most entrepreneurs expect to carry a heavy load the first few years after a company or brand launches, many underestimate the difficulty of eventually letting go of responsibility as the business scales – no matter how exhausted or desperate for...
Honey Mama's, a brand of truffle-like chocolate wellness bars made with whole foods merchandized in the burgeoning refrigerated bar set, has closed a $4.5m Series A round led by Amberstone Ventures, to fast track the brand to mainstream consumer...
Demetrix – one of a new wave of biotech firms producing cannabinoids via biosynthesis (rather than extracting them from cannabis plants) – has commenced 15,000-liter demo-scale fermentation production of CBG (cannabigerol), the first rare cannabinoid...
Dave Ritterbush has joined plant-based food & beverage co Califia Farms as CEO, replacing Greg Steltenpohl, who will retire as CEO but will remain on the board as an executive director.
Plant-based seafood firm Ocean Hugger Foods – which announced it was ceasing operations in late June as COVID-19 ravaged the foodservice industry (its primary market) – now says it is “ exploring paths to relaunch bigger and better than ever.”
Cash-strapped startups may hold-off on establishing a board to save money, but according to one career coach a solid line-up of advisors can generate returns several-fold higher than their fees or salaries and can reassure potential investors, making...
Making the next-generation of plant-based foods might not be rocket science, but it will take a hefty dose of data science, predicts the astrophysicist behind Climax Foods, a Berkeley-based startup on a mission to reverse engineer animal foods and re-build...
NatureBox – a VC-backed startup that burst onto the scene in 2012 as the Trader Joe’s of online snacking with curated subscription boxes – has evolved its business model over the years, making a move into bricks & mortar retail, and getting heavily...
Coca-Cola has announced several structural changes to streamline its global business including a consolidation of operating units, which will result in reallocation of some employees and resources, as well as a reduction to its workforce.
Plant-based protein specialist PURIS – a key supplier of pea protein to Beyond Meat - is rolling out a series of new products this year including a pea syrup that can serve as an alternative to corn-, brown rice- or tapioca syrup; and sweet lupin flour,...
