Adrianne DeLuca
Posts by Adrianne DeLuca
Meati Raises $100M, Locks In Kroger Deal As ‘Path to Profitability’ Accelerates
Meati announced a trio of big moves today, headlined by the closing of a $100 million investment led by Grosvenor Food & AgTech.
Distribution: Daily Harvest Takes Target; Fishwife Hooks Whole Foods
In this distribution roundup: Daily Harvest continues its brick and mortar expansion, Fishwife launches nationwide with Whole Foods, YUMI adds Walmart to its growing door count and more.
Our Home Acquires Sonoma Creamery
Our Home’s better-for-you snack platform is expanding with today’s announcement that it has acquired cheese crisp snack maker Sonoma Creamery for an undisclosed sum.
Mondelēz Grows Q1 Revenue, Profits Despite Challenging Operating Environment
Mondelēz posted “solid top-line” results in Q1 2024 with net revenue up 1.4% and organic net growing 4.2%; however the multinational chocolate, candy and snack producer saw volume/mix decline 2.1%.
Walmart Doubles Down On Private Label With Premium, Accessible bettergoods Debut
The country’s largest grocery retailer is setting up to capitalize on consumers’ growing affinity for private label offerings amid continued, heightened food prices. Walmart debuted its new store brand, bettergoods, today with over 300 unique products.
The Simply Good Foods Company Acquires OWYN
The Simply Good Foods Company announced today it will acquire Only What You Need (OWYN) for $280 million in a cash transaction.
Squaring the Circle: As Circular Packaging Systems Evolve, Are Sustainable Solutions Getting Closer?
The CPG industry has taken many approaches to reducing packaging waste. Circular models have emerged as an idealistic solution for one simple reason: there’s no waste created.
Post-Foxtrot, Early Stage Brands Feel They’ve Lost A Bridge to Growth
When Outfox Hospitality abruptly shuttered its doors earlier this week, it left a lot of CPG brands caught in the fray, including many emerging brands and new product concepts. Many of them feel as if the industry has lost a major stepping stone account.
Why Refresh Gum Tapped Nostalgia To Rethink BFY Candy
What began as a pandemic-era home kitchen experiment has transformed into a full-blown business with 3,000 retail placements across all 50 states, all in just two years’ time. Last week, Refresh Gum doubled its SKU count with three new plant-based, sugar-free gums in Peppermint, Bubble Gum and Peach flavors.
Kroger/Albertsons: 166 Stores and Support Assets Added To Updated Divestiture Plan With C&S
Two months after the Federal Trade Commission (FTC) completed a review of Kroger and Albertsons’ proposed supermarket mega-merger and filed a lawsuit to block the deal, the grocery chains have added more store locations and assets to an updated version of their definitive divestiture agreement with C&S Wholesalers.
