Meal kit service Sun Basket has closed $30m in a Series E investment led by PivotNorth Capital to accelerate its direct-to-consumer business offering AI-powered meal personalization and meal plans from breakfast to dinner.
Lidl, a predominantly private label retailer, will open 25 new stores in Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, and Virginia by next spring. By the end of 2020, Lidl said it expects to operate more than 100 stores.
Half of the new stores Sprouts is opening in 2019 will be in new markets, helping to build its brand awareness across the US, said interim Co-CEO Bradley Lukow at the BMO Capital Market Farm to Market Conference.
Tovala, a company combining the technology of smart countertop ovens with chef-made meals delivered to the home, has entered its first branded food partnership with Beyond Meat, incorporating the plant-based meat alternatives into its meal recipes.
With the addition of an advisory board member who is a certified physician and chef, the better-for-you frozen meal company Luvo is creating new products that it hopes will help lay a foundation for packaged food to one day be considered a health management...
Under pressure to beat the competition or secure returns for investors, most startups want to get on store shelf as fast as possible, but first they must checkoff a litany of minimum requirements that can turn into unexpected roadblocks if they don’t...
Retailers investment in home delivery, click-and-collect and other rapid fulfillment of online orders is paying off as global e-commerce sales of food is set to nearly triple through 2023 to reach $321 billion, according to a new report from Packaged...
Kroger has teamed up with private equity firm Lindsay Goldberg to create PearlRock Partners, a new platform that will identify and invest in promising new CPG brands utilizing insights from its consumer data platform 84.51°.
When pitching a company or a product to investors, startups should brace to hear ‘no’ – a lot – but they can increase their chances of hearing yes by learning everything they can about the investment community at large and individual investors before...
The exponential growth of non-dairy milk sales and variety in the US, in many ways has been a harbinger for the overall plant-based movement, but as demand for the beverages continues to rise – so too are consumers’ standards, which could prompt a shake-out...
We’re no longer a nation of pantry stockers. Many Americans don’t know what’s for dinner tonight, never mind next week, and with grocers now competing with everyone from GrubHub to IKEA, is it time for a radical rethink of the traditional supermarket...
At some point, all businesses – big and small – need help, which is easy to forget but important to remember for entrepreneurs, startups and smaller companies if they approach a global company for introductions, funding or assistance opening doors, advises...
In order to beat the competition, entrepreneurs and companies first need to know who the competition is, which requires them to know themselves – both of which aren’t always obvious, warns the head of Israel’s Export and Market Intelligence Unit Naor...
The JM Smucker Co. is overhauling the marketing model that helped it build iconic brands like Jif peanut butter, Smucker’s jelly and Folgers coffee in an effort to disprove the emerging notion that ‘big food’ can’t innovate or, in some cases, even navigate...
While some entrepreneurs of startups might frown upon a partnership with a large food company as ‘selling out,’ many others increasingly see such arrangements as ‘selling up’ and as a way to take their businesses to the next level.
