Lidl US is expanding its regional presence and entering a new market in Long Island via a deal to acquire 27 Best Market stores in New York and New Jersey, which it plans to rebrand as Lidl stores next year.
Food and beverage products that communicate a clear functional health benefit, sustainability story, explore alternative protein sources, or leverage technology to shorten the distance between a recipe and finished meal, are just some of the trends to...
The beverage industry is booming with Grand View Research predicting that sales will grow at a 5.8% compound annual rate from $967.3 billion in 2016 through 2025 thanks to rising disposable incomes, a growing population and changing lifestyles centered...
While the food and beverage industry is inherently competitive that doesn’t mean companies need to operate as islands – rather, at Rabobank’s FoodBytes! pitch slam in New York City the founder of whipped vegetable spread brand Frescious explains collaborating...
After helping multiple startups in Europe increase their combined sales fourfold throughout the duration of it six-month Nutrition Greenhouse accelerator program, PepsiCo is now offering entrepreneurs in the US a helping hand and a shot at $100,000 in...
When Amazon first acquired Whole Foods Market it sent a tremor of fear throughout the industry that brick and mortar soon would be dead, and triggered a flurry of investment in online shopping technology – but a year and a half and millions of dollars...
Instacart, which has made its same-day online grocery delivery available to 70% of US households across 50 states, is expanding its click-and-collect grocery pick-up services to nearly 200 stores, following positive consumer feedback from a multi-month...
Launching a new product or company comes with seemingly endless potential that the director of marketing with the startup Ocean Hugger Foods acknowledges is exciting, but she also warns can become overwhelming unless entrepreneurs craft a strict strategy...
The founders of the online meat marketplace Crowd Cow believe that the future of animal protein in the US is ‘craft’ as consumers look for better tasting, healthier and more sustainable alternatives to the industrial options that have dominated the market...
Roughly half of current online shoppers reported that they plan to purchase grocery items more often in 2019 with increased purchases of fresh food items, according to the 2018 US Online Grocery Shopper Study conducted by The Retail Feedback Group (RFG)...
A month after committing $100m to launch its venture capital fund, Kraft Heinz has acquired wellio, an AI food tech company based in San Francisco, as part of its new digital innovation hub, the evolv group.
Once the “biggest skeptic” of how blockchain technology could benefit the food and beverage industry, Frank Yiannas, the VP of food safety for Walmart, says he experienced a near “religious conversion” after working with IBM to digitize the food supply...
The amount of time Americans spend sitting down and eating a meal has shrunk over the past 10 years, while purchases of prepared food options from grocery stores and food service (carry-out, delivery, or fast food) have risen, according to the Economic...
PepsiCo has acquired Health Warrior, Inc. -- a plant-based protein company specializing in 100-calorie snack nutrition bars -- its first brand investment of the newly-formed entity, The PepsiCo HIVE.
Consumers’ approach to what they eat is changing from “monolithic meat, potatoes and veggies,” to increasingly “heterogeneous” diets that go beyond sustenance to represent values and lifestyles – a shift that is translating to big business for companies...
