Brad Avery

CPG brands are broadly split on whether the ongoing supply chain disruptions have fueled or hindered innovation, according to a new report by supplier management company TraceGains. Around 35% of companies reported that they experienced a slight, moderate or significant decrease in product innovation since June 2020, while 36% said market conditions have led to… Read more »

  Despite some relief for consumers in other economic sectors, food and beverage prices continued to increase in July, up 1.2% month-over-month, according to a new inflation report by market research firm IRI. Even as the price of other household necessities like gasoline have begun to fall, grocery prices remain elevated – up 14.4% year-over-year… Read more »

Dairy Farmers of America (DFA) is the target of a class action antitrust lawsuit filed last week, alleging the largest national dairy cooperative has acted or has tried to act as a monopsony by constraining the Northeast raw milk market. The complaint, filed on July 29 in the U.S. District Court in Vermont, claims DFA… Read more »

While some ecommerce platforms may be navigating a downturn as many consumers return to brick-and-mortar retail, startups Parade and CPGD are looking to the metaverse to make the online shopping experience more fun and personal with their latest platform: The MetaMarket. Launched earlier this year, the MetaMarket calls itself “the first-ever farmers’ market in the… Read more »

During an earnings report this week, Mondelez CEO Dirk Van de Put detailed the company’s plans to drive growth for Clif Bar, which the company agreed to acquire last month in a $2.9 billion deal.

Vegan Rob’s Launches Token, Announces Metaverse Ambitions Plant-based snack brand Vegan Rob’s is looking to battle world hunger with a new cryptocurrency, Vegan Rob’s Token (VRT), announced this month. Developed in partnership with Nick Dazed, founder of the Tigerqueen cryptocurrency, VRT will launch later this month on the UniSwap exchange and will be tradeable on… Read more »

FreshRealm, a maker of packaged fresh meals for retail partners, announced today it has closed a $200 million capital raise led by an unnamed “global cornerstone institutional investor.”

As concerns about the economy worry consumers and investors alike, consumer brand investment firm Coefficient Capital and analyst firm The New Consumer have released a mid-year 2022 Consumer Trends report, based on four surveys of more than 3,000 U.S. consumers. Heading into the back half of the year, the report found that a return to… Read more »

Jeni’s CEO Announces Departure Speaking on stage during the opening day of NOSH Live Summer 2022 in New York City this morning, John Lowe, CEO of Jeni’s Splendid Ice Creams, announced he will step down from the role after 13 years. Lowe told the audience at the top of his presentation that he has instructed… Read more »

After buying out its former investment partner L2M Brands and reorganizing the company under a new name earlier this week, Oregon-based frozen foods brand Crispy Filled Inc. (formerly Rösti) is now preparing to expand its footprint across North America, according to co-founder and CEO Stephen Caldwell. Speaking to NOSH earlier this week, Caldwell said the… Read more »