Brad Avery
Posts by Brad Avery
Distribution Roundup: Vacadillos Hits Albertsons, Yough! Goes to GoPuff
Vacadillos, the meat snack brand owned by beef biltong purveyor Stryve Foods, is now available nationwide at Albertsons Companies stores, the brand announced in a press release today; Dough and frozen pizza maker Yough! – which markets low-carb doughs made from Greek yogurt – is now available in New York City via GoPuff.
WK Kellogg: Cereal Spin-Off ‘On Track’ To Meet Full-Year Projections
WK Kellogg Co., the recently spun-off cereal business from the Kellogg Company, reported net sales fell by -2% to $692 million in Q3 during its first earnings report as an independent company yesterday.
Mondelez: Pricing Drives Q3 Growth as Biscuits, Snack Bars Rise
As it continues to focus on its core categories of chocolate, biscuits and baked snacks, Mondelez International reported net revenue growth up 16.3% in Q3 to over $9 billion, raising its full year revenue growth outlook from 12% to 14%-15%.
Redbud Brands Looks Ahead Toward Refreshed Portfolio
Amid its retooling of cannabis edibles company TSUMo Snacks, CPG venture studio Redbud Brands is also now developing a new class of brand launches as it moves on from others it has discontinued.
TSUMo Snacks to Go from THC to Hemp Brand After CEO Exit
After the exit of co-founder and CEO Caroline Yeh this summer, cannabis-infused food brand TSUMo Snacks is now aiming to retool and relaunch in the mainstream marketplace as a hemp-based product.
Yolélé Parts Ways with Production Partner to Grow CPG Biz, Become Fonio Supplier
African foods brand Yolélé is splitting from its longtime supply and distribution partner Woodland Foods as it looks to expand its business to serve as both a CPG brand and an ingredient supplier.
Obvi Wants to ‘Infiltrate’ Midwest with Expanded Coffee, Pet Brand Platform
Last month, collagen powder mix maker Obvi made its first acquisition, purchasing ground coffee manufacturer Coffee Over Cardio. The deal is just the first step, the company said, in its mission to become a CPG portfolio with a deep presence in the Midwest by way of its New Jersey HQ.
From Liquid Death to Sour Stamina: Science Inc. Launches Final Boss Sour
CPG investment and brand development firm Science Inc. – the initial investor behind runaway beverage hit Liquid Death – is asking consumers to pucker up for its latest in-house product: a new brand of gaming-themed snacks called Final Boss Sour.
Momofuku Goods Raises $11.5M in Second Round This Year
Asian-inspired pantry staples maker Momofuku Goods has raised $11.5 million in a funding round led by Alliance Consumer Growth to further its national expansion strategy. This is the “restaurant-grade” brand’s second, eight-figure raise this year.
FDA Appoints First Deputy Commissioner for Human Foods Program
The U.S. Food and Drug Administration (FDA) has found its first leader for its Human Foods Program, appointing 30-year Environmental Protection Agency (EPA) veteran James Jones as Deputy Commissioner.