Brad Avery

A new report by Green Circle Capital Advisors is arguing that perception around plant-based protein costs being higher than their animal-based counterparts is inaccurate once you consider the actual protein content of meats and dairy products.

The Amazon-owned grocery chain announced today that it will begin opening up new “small-format” stores, called Whole Foods Market Daily Shop, for quick trips in several urban markets, beginning with a Manhattan location this fall.

When Norma Chu founded DayDayCook in 2012, the Hong Kong-based company was simply an online recipe sharing platform. Twelve years later, with Chu still at the helm as CEO, it’s become a publicly traded global CPG portfolio business specializing in Asian food brands.

Rainforest Distribution Corp. has acquired New England natural and specialty foods distributor Associated Buyers, the companies announced this week. According to a press release, the companies will take roughly two months to transition the Associated Buyers’ network into the Rainforest system.

Danone has found a buyer for its premium dairy brands Horizon Organic and Wallaby, announcing today it has agreed to sell the businesses to investment firm Platinum Equity.

Hong Kong-based DDC Enterprise, which operates the DayDayCook brand, announced today it has acquired Thai American foods brand Yai’s Thai for an undisclosed sum, further expanding its presence in the U.S. market.

After announcing the closing of its $40 million Fund II yesterday, venture capital firm Springdale Ventures is looking to “double down” on its early stage CPG investment strategy in the new year.

Founded in 2019, Springdale is a consumer products-focused firm whose portfolio includes over 40 brands, including food and beverage companies such as Better Booch, KOS, Mr. Beast’s Feastables, BEATBOX, and better-for-you snack brand GOODLES.

As it looks to expand its team to match its fast-growing footprint, discount grocery ecommerce platform Martie has raised $7 million in a new funding round led by Upfront Ventures, the company announced this week.

On day one of NOSH Live Winter 2023 in Marina Del Ray, California, natural food industry leaders offered their insights into the fast-changing modern era of business, in which the rules of investment, merchandising and leadership look vastly different than even just a year ago.