An 8% increase in Sprouts Farmers Market’s fourth quarter net sales to $1.4 billion and a net income of $32 million that is nearly 2.5 times the same period from last year are “a testament to the changes we’re making,” CEO Jack Sinclair told investors...
The consumer packaged goods industry may be composed of diverse companies offering disparate products ranging from toothpaste to pet food to canned soup, but a recent survey conducted by the Consumer Brands Association reveals 86% of CPG leaders place...
While Blue Apron lost less money in 2019 (-$61m) than it did in 2018 (-$122m) and some customer metrics are improving, bosses at the meal kit co have conceded that they can’t execute a turnaround strategy without raising more capital, and are looking...
After growing steadily for the past four years, despite “living month to month” due to restrictions related to bootstrapping a business, the Japanese snack subscription service and ecommerce platform Bokksu is ready to go to the next level with a seven-figure...
Mamma Chia has entered the plant-based milk alternative category with Organic Chiamilk containing 0g of sugar and 800mg of omega-3s, with 60 to 70 calories per serving.
When most people think about curling up with a cup of hot tea they don’t think about opening their freezer first – but that is exactly what the makers of Millennia Tea are asking consumers to do, and in exchange they promise a beverage that is packed...
As members of Gen Z enter the workforce in greater numbers, their shopping habits are influencing the retail industry in non-traditional ways including fueling the growth of unattended retail channels such as cashierless checkouts and smart vending machines,...
General Mills has appointed Jaime Montemayor as its new chief digital & technology officer reporting to chairman and CEO, Jeff Harmening, effective Feb. 24, 2020.
Touted as an effective weight loss regimen, the keto diet has gone from niche to mainstream, with CPG products clamoring to align themselves with the trend. But are its immediate results outweighed by longer-term negative effects?
Based on a national study of 40,000 consumers conducted by global consumer research firm Kantar, Product of the Year USA revealed consumers' favorite products across food and beverage categories.
Plant-based yogurt has been a bit slower off the starting line than other alternatives to animal-based products, but data from IRI shows that it is hitting its stride with double-digit dollar growth and a steep increase in household penetration at a time...
Responding to the growing demand for locally-grown and sustainable food, startup Healthy PlanEat is working to connect consumers with the farmers who grow their produce via a mobile app.
As the number of food accelerators and incubators has increased in recent years, the barrier for entry into the market has decreased – and while this makes launching a new product or company easier, it has made cutting through the competition and finding...
Blue Apron has added more flexibility to its meal kit plans with the introduction of a meal prep offering, which provides consumers with eight servings of food for an entire week, all made in one prep session.
