Venture capitalists’ initial hesitancy to enter new deals immediately following the coronavirus outbreak appears to be easing with the most interest and activity focused on grocery CPGs and food delivery, according to an analyst with Pitchbook.
At six months into the pandemic, we are well-past the frantic pantry stocking days that left many store shelves bare, and yet, the broad product selection available in stores before the coronavirus outbreak has not returned – prompting questions about...
Public health advocates fear Congress will adjourn for fall break without first extending emergency food assistance that is set to expire at the end of the month – potentially leaving millions of families whose children rely on free or reduced school...
As the number of Americans dependent on what was once known as food stamps swells to 13% of the population due in large part to an unemployment spike related to the pandemic, they have become an increasingly important demographic for CPG retailers, according...
Higher income shoppers are frequenting discount retailer Dollar General more often than they did before the coronavirus pandemic, but it isn’t because they are avoiding crowds at higher end retailers or desperately searching for items out of stock at...
While hiring an experienced executive can help scaling companies avoid common pitfalls, a master career coach with Shields Meneley Partners warns that they aren’t a panacea, and founders should be prepared for ongoing and significant challenges – especially...
As part of a highly-anticipated plan to re-engineer its portfolio and pay down debt, Kraft Heinz has unveiled plans to sell a mix of cheese brands to Lactalis in a $3.2bn deal, and find $2bn of cost savings through 2024 from efficiencies in procurement,...
Last Friday marked six months since the coronavirus pandemic was declared, which for many Americans means six months of either risking exposure to go to work as essential employees or six months of working remotely from a repurposed kitchen table or other...
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,...
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...
Upcycled ingredients startup Renewal Mill has launched a crowdfunding campaign, which will help fund the commercialization of the company’s second ingredient, oat okara, made from oat pulp leftover when oatmilk is made.
New opportunities are opening for functional foods and beverages as the ongoing coronavirus pandemic pushes consumers to seek products that will boost their “resiliency,” support their health and wellness and personally empower them while simultaneously...
