Adrianne DeLuca
Posts by Adrianne DeLuca
Akua Shuts Down, Citing Manufacturing ‘Catastrophes’ and Decline of Plant-Based Movement
This week, Akua founder and CEO Courtney Boyd Myers announced via LinkedIn that kelp-based burger producer is shutting down, citing packaging, manufacturing, warehouse and shipping “catastrophes.”
TreeHouse Foods Bets On Long-Term Private Label Potential
Despite a spike in private label popularity, TreeHouse Foods posted a 1.9% sales decline in Q2 as the company’s balance sheet recovers from significant divestitures and it works to regain momentum after a planned renovation to its broth facility.
A Friendly Freezer: Frozen Food Startup Diversifies Via Cold Storage
Frozen sourdough grilled cheese startup A Friendly Bread is opening up access to its hottest asset: freezer space.
Kraft Heinz Seeks To Deliver Value As Sales, Volumes Decline
The Kraft Heinz Company lowered its full-year outlook after reporting lower-than-expected Q2 earnings yesterday, citing “cautious” consumer sentiment on grocery prices amidst downtrading across center-store categories.
Siddhi To Deploy New $135M Fund II For Growth Stage Investments
Siddhi Capital announced the closing of its second fund today at $135 million; the new vehicle marks the firm’s shift from startup to growth equity stage investments and a broadening beyond food and beverage.
Above Food Outlines Path Ahead In First Public Co. Update
Regenerative ingredient platform company Above Food marked its first month trading on the Nasdaq with an update and overview last week highlighting that the overall business has grown at a CAGR of 34% since fiscal 2021.
Kroger/Albertsons: Parties Agree In Colo. To Put Mega-Merger on Hold
Kroger and Albertsons’ $24.6 billion grocery merger is once again in flux after a Colorado judge and the state’s attorneys general agreed today to an order temporarily halting the proceedings.
Why LOVO Chocolate Markets Plant-based Milk Varietals, Swiss Origin
LOVO Chocolate has honed a unique position in the milk chocolate set and is aiming to “punch out” a new arena that embraces the flavor profiles of plant milks.
Wedderspoon Acquisition Kicks Off New Kiwi Export Vehicle
Wedderspoon was acquired earlier this month and placed under Florenz, a new company that will house natural products brands hailing from down under. But who is behind it?
El Nacho Enters the Ring As Boston Restaurateur Turns to CPG
The tortilla chip set is crowded, but with a total market share valued at $4 billion, one restaurant-backed, Boston-based brand believes there is plenty of room to build something “different.”


