Adrianne DeLuca
Posts by Adrianne DeLuca
UNFI Posts Profit Decline, Names New President and CFO
United Natural Foods Inc (UNFI) reported a 0.5% decrease in net sales to $7.8 billion during Q2 2024 in an earnings release this morning, missing analyst revenue expectations but beating share price predictions.
Expo West: Kuli Kuli Goes All In On Gummies and Blends
Moringa-focused nutrition company Kuli Kuli (#N2121) announced today it will debut four new products spanning two formats at Natural Products Expo West. But there’s a twist…
Kroger/Albertsons vs The FTC: What Happens Next?
As speculated last week, the next challenge for the proposed $24.6 billion merger between Kroger and Albertsons is coming from the federal government.
Report: Kroger/Albertsons Merger Facing FTC Lawsuit
The pushback against Kroger and Albertsons’ proposed $24.6 billion merger continues to mount, with a new report from Bloomberg claiming that the Federal Trade Commission (FTC) plans to file a lawsuit to block the deal as early as next week.
Meati: New CEO to Prioritize ‘Right Sizing’ Workforce Amidst New Round of Layoffs
Just two weeks into his tenure as CFO at Meati, Phil Graves is getting a promotion. The mycelium root-based protein company this week elevated Graves, a former Patagonia exec, to CEO, following the departure of president/COO Scott Tassani earlier this month.
Accelerating Ag: Inside Snacktivist’s Pivot From CPG to Supplier
Snacktivist Foods, a regenerative agriculture-focused baking mix brand, is putting its CPG line on the back burner while it works to spearhead a new ingredient supply and brokerage service.
Why WNWN Wants To Play Ball With Big Chocolate
WNWN aims to tap environmental sustainability and ethical supply chains solutions to win the support of multinational food corporations. But can barley-based “chocolate” make big cocoa’s cut?
The Caveman Evolves: Moosehead Brands & Beanfields Aim To Reignite Paleo In CPG
Consumer interest in the paleo diet is past its peak. But a new platform aims to harness the diet’s essential tenets and redefine itself in “a bigger niche.”
A Recipe for Success? Why Plant-based Brands Are Building In Foodservice
As consumers increasingly lean into food-away-from-home occasions and plant based producers look for ways to differentiate and diversify their businesses, foodservice has emerged as an essential channel.
Organic Chocolatier Alter Eco Announces Acquisition By Trek One Capital
Alter Eco has shifted hands once again. Today, Texas-based investment firm Trek One Capital announced it has acquired the Fair Trade, regenerative confections and pantry staples producer. The deal closed on December 22, and terms were not disclosed.