Dreams of a startup taking off like a rocket ship with broad distribution, strong sales and widespread brand recognition can quickly become a nightmare if entrepreneurs don’t first have in place effective strategies for hiring, financial management and...
With only 1% of venture capital going to Black led or founded companies last year, investors are being asked to finance more Black entrepreneurs as part of the anti-racism movement sweeping America, but to do so, the founder of TeaSquares advises, they...
The LIVEKINDLY co., which launched in March with the ambition of becoming one of the largest plant-based food companies, has acquired Swedish plant-based meat brand, Oumph!, known for its soy-based burgers, strips, and pulled meat products.
Emerging brand Blake's Seed Based is filling a void in the snack bar category by providing consumers with a product that is free from the top eight allergens but also appealing to anyone looking for alternatives to nut-based and granola bars, says...
From growing interest in immune health to a sharp rise in online grocery shopping, how is COVID-19 impacting consumer behavior? Here are a few things that caught our eye in recent reports from The Hartman Group for FMI, the Food Industry Association*;...
Three food companies – The Hershey Company, The Kellogg Company, and McCormick & Company – were included on DiversityInc Top 50 Companies for Diversity list, an annual list based on survey submissions from US companies with 1,000 or more employees.
Despite online grocery taking off in recent months, CPG brands may be leaving millions of dollars of missed revenue on the table by not highlighting key product attributes when they present their brands online, according to a report by Label Insight.
Nestlé said it is exploring the potential sale of the majority of its Nestlé Waters North America unit, which includes regional spring water brands (Arrowhead, Deer Park, Ice Mountain, Ozarka, Poland Spring, and Zephyrhills), its purified water business,...
Instacart has raised $225 million in new financing following an “unprecedented surge” in demand for online grocery delivery services during the COVID-19 pandemic.
Consumers who ordered groceries online and picked them up at stores before the coronavirus outbreak are more likely to revert to shopping in stores after shelter-in-place orders are lifted, while those who tried ecommerce for the first time during the...
At a time when many brands are in survival mode, Shaka Tea -- ready-to-drink iced tea made from the endemic Hawaiian māmaki -- has tapped into new avenues of growth, crediting its lean business strategy and approachable price point.
Hormel Foods’ group vice president of corporate strategy, Jim Splinter - who led the acquisition of Justin’s nut butters in 2016 - has retired from the global food company.
The mode of grocery shopping has evolved over the last few months with e-commerce experiencing a noticeable spike, but according to consumer insights and data company DISQO, in-store shopping is still the predominant and preferred way for consumers to...
Private equity firm Brynwood Partners VII will acquire refrigerated pasta brand Buitoni’s North American business from Nestlé USA, forming the Buitoni Food Company headquartered in Stamford, Connecticut.
