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.
