Adrianne DeLuca

The Kroger Company and Albertsons Companies this week terminated the proposed $24.6 billion merger agreement that was initially announced more than two years ago, after a federal judge sided with the Federal Trade Commission suing to block the deal and Washington and Oregon state courts put permanent injunctions in place to halt the transaction.

TikTok Shop is outpacing category leaders, consumers still think they need more protein all the while Americans believe food prices are rising and the country is in a recession, according to The New Consumer and Coefficient Capital’s fifth annual Consumer Trends report.

The proposed $24.6 billion Kroger-Albertsons megamerger was temporarily blocked today by a federal judge, who ruled in favor of the Federal Trade Commission (FTC) suing to block the deal.

KeHE has introduced a new opt-in fee structuring program that allows emerging brands to trade associated, first-year onboarding fees for a consistent 2% flat rate, a move intended to make the distribution powerhouse “easier and more cost effective” to work with.

Nosh Live Winter 2024 kicked off on Thursday in Marina Del Rey, Calif., with panels, presentations and conversations that pieced together fundamental components of successful CPG businesses and offered brands advice on how to navigate current economic headwinds, shifting consumer habits and prepare for an uncertain landscape in the years to come.

The EVERY Company has combatted a tough investment terrain to become the latest food tech outfit to lock in funds, totaling $2 million, from the U.S. Department of Defense, according to an announcement this week.

Lillie’s Q Sauces & Rubs has been sold to manufacturing company OWS Foods as it looks to accelerate growth within new channels including conventional grocery, foodservice and club stores.

Consumers may still have complaints about grocery prices, but they aren’t shying away from the shelves ahead of one of America’s largest food holidays, which is expected to drive a $2.1 billion boost in grocery sales this year.

PepsiCo’s healthy snack buying streak continues. The multinational announced today it will acquire the remaining 50% share of Sabra Dipping Company and its Geneva-based international arm Obela from Israel-based Strauss Group for $243.8 million.

Vertical farming operation Oishii has officially closed its Series B funding round at $150 million. The first tranche was announced in February at $134 million with an additional $16 million coming in over the past nine months