As more local governments mandate “hazard pay” increases for some grocery store employees, more retailers are shuttering “underperforming” stores that can no longer financially sustain increased costs associated with operating during the pandemic.
RightRice has launched its newest innovation in the rice category, RightRice Risotto, a veggie-based product line that is dairy-free using just water while achieving the same level of creaminess the well-known rice dish is known for (in under 15 minutes),...
The sparkling water category may seem crowded with products made by CPG giants and offerings from smaller, independently-owned brands, but the reality is that sparkling water is still just a small piece of the overall carbonated beverage category, says...
With today’s launch of a line of ready-to-eat frozen Smoothie Bowls, KIND Healthy Snacks promises to shake-up the fast-growing $3.7b frozen breakfast category while also diversifying its portfolio beyond the on-the-go bars with which it made its name...
To mark International Women’s Day today, March 8, organizers are asking participants to “choose to challenge” and call out gender bias and inequality with the hope that from challenge will come change – something that women entrepreneurs desperately need...
A year after the initial shock of the coronavirus pandemic caused many to hit the brakes on new deals, mergers and acquisitions in the food and beverage space not only have rebounded but exceeded expectations – making 2020 a record year for consumer deals...
Five years after the United Nations celebrated 2016 as the International Year of Pulses to raise awareness of legumes’ nutritional value and sustainability, SPINS data shows sales of dried beans are skyrocketing as consumers look for more nutrient-dense...
Even as consumers seek ingredients that promise to boost their immunity, reduce their stress and support their well-being, sales of functional foods and beverages were held back in 2020 compared to organic due to shifting shopping preferences away from...
Danone's Board of Directors has confirmed a proposal from current chairman and CEO, Emmanuel Faber, to separate the functions of chairman and CEO in the near future, and has begun looking for a new CEO.
Customer satisfaction with the retail sector has hit a low point across most channels particularly supermarkets and online retail hit where consumer sentiment dipped to a five-year low, according to the American Customer Satisfaction Index’s (ACSI) Retail...
A sharp increase in the Consumer Brands Association’s membership in 2020 underscores how the trade group’s “pro-consumer, pro-growth agenda” is helping it regain the trust and support of the CPG industry, including some companies that left the organization...
Formed last year, LIVEKINDLY Collective had made its US retail debut at Sprouts Farmers Market locations nationwide where it has launched several products from its plant-based foods portfolio, including Like Chick'n from LikeMeat and The Fry Family...
Before the pandemic, few Americans prepared lamb and those who did tended to reserve it for special occasions, but shortages of traditional proteins last spring pushed more people to try it for the first time, and now, nearly a year later sales of lamb...
2020 was a breakout year for 'agrifoodtech' companies as the sector attracted over $26.1bn worldwide in investment, a 34.5% increase from 2019, according to global venture capital firm AgFunder's 2021 investment report.
