Based in Massachusetts, Little Leaf Farms has doubled its hydroponic greenhouse-growing capacity to 10 acres of fields under glass capable of producing more than two million packages of lettuce each month, which will broaden the company's distribution...
For innovations to succeed they do not need to be perfect out of the gate, but they do need to offer a real benefit to companies, their consumers and their retailer and business partners at a scale that justifies the investment and risk, top executives...
Consumers have grown accustomed to eating and cooking more meals at home due to the pandemic and will continue this behavior well into 2021, said Kroger CEO Rodney McMullen during the company's Q2 2020 earnings call.
Direct to consumer meal delivery service Freshly is aggressively ramping up capacity to meet demand and expects sales to grow by more than 50% this year as consumers embrace the convenience of having fresh prepared meals delivered to their door.
Supplement giant GNC has canceled its bankruptcy auction and will move ahead to be acquired by Harbin Pharmaceutical Group Co., the company announced this morning.
CHOMPS – known for its brightly-colored meat sticks and miniature CHOMPLINGS products – is seeking to capture a 'significant share' of the meat snacks category by focusing on the "metrics that really matter," says co-founder and CEO...
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,...
Driven by shifting shopper attitudes toward COVID-19, overall grocery delivery and pickup sales for August were down to $5.7bn from June’s peak of $7.2bn. However, some key performance indicators including average order value and intent to make a repeat...
Perduefarms.com launched – without much fanfare – in December 2019. Three months later, COVID-19 hit, and director of e-commerce Chris Perdue was thanking his lucky stars his team had spent so much time quietly laying the foundations of a direct-to-consumer...
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...
Responding to “overwhelming demand” in Canada, the Impossible Burger will be available this year in a wider variety of restaurants and grocery stores throughout the country.
Under normal circumstances the Campbell Soup Co.’s 12% organic sales increase, 13% operating profit increase and strong double-digit consumption growth across all core brands in the fourth quarter would be lauded as great – but during the pandemic, when...
Launched in September 2019, Target’s newest private label line Good & Gather has generated more than $1bn in sales and will nearly double its line with 600 new items this fall.
Walmart+, a new membership program launched by Walmart this month, clearly illustrates the retailer’s online grocery ambitions as it goes toe-to-toe with Amazon Prime. Concurrently, the move also signals Walmart’s ambitions of becoming more than a leading...
Once considered a top priority for a food or beverage brand’s success, ‘winning at shelf’ is now only “somewhat important” as the ongoing coronavirus pandemic reshapes how consumers plan and shop for groceries and how manufacturers and retailers engage...
Honey Mama's, a brand of truffle-like chocolate wellness bars made with whole foods merchandized in the burgeoning refrigerated bar set, has closed a $4.5m Series A round led by Amberstone Ventures, to fast track the brand to mainstream consumer...
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...
Cash-strapped startups may hold-off on establishing a board to save money, but according to one career coach a solid line-up of advisors can generate returns several-fold higher than their fees or salaries and can reassure potential investors, making...
As demand for more meat-like plant-based products grows, Dr. Praeger’s Sensible Foods continues to expand beyond the vegetable-forward frozen foods it is best-known for with the launch of the Perfect Turk’y Burger, while still holding the line on its...
Impossible Foods is rolling out the Impossible Burger to 350 Sprouts Farmers Market stores in 23 states starting this week, bringing its total retail footprint to more than 10,000 locations across the US.
Meal kit co HelloFresh has announced the leasing of new distribution centers in Newnan, Georgia and Irving, Texas to meet growing demand as consumers stay home during the pandemic.
As many schools negotiate how to teach children safely during the ongoing coronavirus pandemic, they also must navigate how to feed them – a challenge that will require creativity and cooperation from regulators, legislators, and school nutrition professionals...
Coca-Cola has announced several structural changes to streamline its global business including a consolidation of operating units, which will result in reallocation of some employees and resources, as well as a reduction to its workforce.
While sales of natural and organic products continue to grow in the high single- digits year-over-year, the industry’s lack of leadership diversity, including brands owned by people of color and women, is holding it back from its full market potential,...
Boulder-based Sovos Brands is building out its portfolio of what it calls 'one-of-a-kind brands' with a signed agreement to acquire Birch Benders, the #1 'just-add-water' pancake and waffle mix in the natural channel.
After months of meeting heightened consumer demand related to coronavirus pantry stocking and increased at-home consumption, SPAM and Skippy manufacturer Hormel Foods could face inventory shortages in the fourth quarter if additional outbreaks at facilities...
Clio Snacks -- known its for chilled, chocolate-covered Greek yogurt bars -- has closed an $8m series C fundraising round led by long-term investment partner Alliance Consumer Growth (ACG) and new investor in the brand, AF Ventures, bringing total investment...
The Coca-Cola Company has named Alfredo Rivera as president of Coca-Cola North America. Rivera most recently served as president of the beverage giant's Latin America group overseeing business operations across 40 countries.
Upstart candy brand Behave has entered the buzzing low-sugar gummy candy category with its line of original and sour gummy bears which tout 3g of sugar, 6g of net carbs, and 90 calories per serving.
With more than 20,000 stores in its retail footprint, new packaging and products, and increased trend spend, a2 Milk Company is moving closer to reaching meaningful scale in the US since its launch in select California retailers five years ago, said CEO...
Sparkling water brand Waterloo – which is just approaching its third anniversary – is getting close to a run rate of $100m as it continues to increase velocity and distribution, say the CEO of the Austin-based brand, which has just been acquired by an...
Plant-based egg maker Eat Just hopes to turn an operating profit before the end of 2021, at which point founder and CEO Josh Tetrick says the company will consider an initial public offering (IPO).
Flour and ingredients company Ardent Mills has made significant updates and investments to its retail and production capabilities to better meet booming demand in the baking industry.
Keurig Dr. Pepper (KDP) has taken a minority investment with a defined path to ownership in emerging brand ‘Don’t Quit’ to become the next heavyweight in the segment, said KDP president Robert Gamgort during the firm's Q2 2020 earnings call.
Nestlé Waters North America’s (NWNA) recent launch of Fruity Water – a flavored, zero-sugar and unsweetened water collection for kids – provides parents with a convenient hydration alternative to plain water addressing the reality that many kids aren’t...
The pandemic has created severe challenges for some retailers, while others have prospered. Natural Grocers fits in the latter category, reporting record earnings for its third quarter of fiscal 2020.
Better Booch has grown from a Southern California kombucha brand with a cult following to distribution at over 2,000 retail locations including new partnerships with Whole Foods Southern Pacific, Southwest and Northern California regions.
Want to get feedback on your new child-focused food or beverage launch, brand, or business, from our expert panel at FoodNavigator-USA's virtual FOOD FOR KIDS summit in the fall?
After years of declining sales, dairy milk is on the rise again thanks in part to the coronavirus driving a resurgence of baking, cooking and eating at home, but to keep the momentum going during and after the pandemic, industry stakeholders are reviving...
Agricultural biotechnology firm Arcadia Biosciences has experienced “overwhelming demand” for its GoodWheat and GoodHemp products (both introduced late last year), but has struggled to keep up with the explosive market interest, said president and CEO...
Fourteen food companies made global data intelligence company Morning Consult’s 2020 50 Most Loved Brands list, which analyzed more than 150,000 consumer interviews conducted by the firm in June and July 2020.
Faced with different shopper behavior throughout the pandemic, Sun-Maid has launched a marketing campaign aimed at moms navigating the new normal of the back-to-school season and who now must be prepared with snacks for their kids throughout the day,...
Plenty Unlimited Inc. will be entering 430 Albertsons stores across California with four SKUs of its leafy greens, further demonstrating the scalability of its indoor hydroponic vertical-farming operations, which use 99% less land and up to 95% less water...
For the bulk of its 21-year lifespan, Alibaba.com served as an online directory to help buyers identify Chinese suppliers of everything from farm equipment to iPhone cases. Today, it’s a multibillion-dollar global b2b e-commerce platform, and food &...
Three quarters of families with school-aged children now report being able to spend more time together eating at the breakfast table, promoting an uptick in cereal consumption, according to a new survey commissioned by General Mills Big G cereals.
Executives from Post Holdings and its recently spun-off active nutrition business BellRing Brands may be confident that the new food company will meet its full-year targets, but analysts on the company’s third quarter call late last week sounded dubious.
With its full assortment of cereals returning to store shelves this month, Post Holdings expects to regain some of the share it lost in recent months in the segment to competitors that were faster to rebuild their assortment and resume promotions after...
