Regulatory uncertainty coupled with the fact that retailers are not focused on onboarding new brands right now make this a tough time for new CBD brands. However, e-commerce sales of hemp-derived CBD have spiked, while a new survey from Brightfield Group...
Clearly, now is not a great time to raise money. But founders shouldn’t despair, said investors in a webinar hosted by FoodBytes! by Rabobank on Wednesday. Raising capital will take longer and investors are being more circumspect, but there is money available...
Businesses across the country are adapting with lightning speed to adjust business plans, and in some cases, change their business model overnight, in order to adapt and survive as large swathes of the population go into lockdown.
Last week, FoodNavigator-USA held its Beverage Trends webinar where we quizzed a panel of beverage industry insiders on what the future holds for the beverage market, especially amid a public health crisis such as coronavirus, which has no firm end date...
Meat giants Cargill Protein and Tyson Foods are flexing their supply chain muscles to adjust to a sudden shift in demand away from foodservice and towards retail as consumers stay at home.
While many packaged food firms have enjoyed soaring sales this month, startups that had planned to launch new brands, ramp up bricks & mortar distribution, and raise money this year are adjusting plans rapidly, while access to capital will get more...
Inventory planning is the name of the game right now in packaged staples as brands dealing with sudden surges in demand owing to COVID-19 try to predict how long current buying patterns might last.
Should prolonged social distancing measures generate mass unemployment, premium priced natural and organic products will likely not be top of most people’s shopping lists, while private label sales will likely rise, although packaged foods will continue...
While many packaged food brands are enjoying surging sales as shoppers stock up and hunker down as COVID-19 control measures kick in, emerging brands are having to rewrite business plans, modify marketing messaging, and reconsider go-to-market strategies...
‘In some cases, retailers have simply canceled the meetings and not rescheduled them as phone calls’
Coronavirus is creating significant challenges and opportunities for the food and beverage industry, with panic buying prompting mayhem in stores and a surge in online sales, while instore demo companies have seen business fall off a cliff and smaller...
In an announcement that will not likely surprise many stakeholders, New Hope has decided to cancel (rather than postpone) the Natural Products Expo West trade show in Anaheim and focus its attention on Expo East in Philadelphia (Sept. 23-26).
Startups looking for capital to fuel their next phase of growth may find there's a gap in the market for investors who are willing to write smaller checks, says Jason Starr, founder and managing director of Chicago-based investment firm CompanyFirst....
Before the threat of COVID-19 prompted Washington, DC, and other US cities to ban large gatherings, nearly 900 school nutritional professionals from across the country converged on the Nation’s capital to brainstorm how vulnerable children can continue...
Coronavirus will boost consumption of shelf-stable and frozen packaged foods in the near-term as consumers pantry-load ahead of what could be a large-scale outbreak, predicts a new report from analysts at Bernstein.
The Plant Based Foods Association (PBFA) and the Good Food Institute (GFI) have urged Virginia Governor Ralph Northam to veto a bill that would limit the use of the term ‘milk’ on food labels – even if used with qualifiers such as ‘dairy-free/plant-based’...
