Brad Avery

As consumers and companies become more fearful of looming economic challenges, Gopuff’s solution is to go big. The ecommerce grocery platform announced today a new multipack line of bulk products called GoXL, with over 300 items available for home delivery.

A decade ago, direct-to-consumer meal kit subscription services like Blue Apron and HelloFresh had blanketed the market with a strong pitch to consumers centering on convenience, wellness and quality ready-to-cook food they could have shipped to their doorsteps. During the pandemic, many of these brands saw big lifts and even bigger valuations as consumers stuck at home decided to try their hand at home cooking.

Bone broth innovator Kettle & Fire secured a $43 million secondary buyout led by Colter Ventures, the company announced today, marking the start of a new strategic partnership to help fuel the brand’s next stage of growth.

Canadian chocolate bar brand Mid-Day Squares announced on social media it has begun buying cocoa from international suppliers using Bitcoin, with co-founder Nick Saltarelli stating that traders in many countries now “trust this method of payment more than fiat” currencies issued by governments.

Oatly CEO Jean-Christophe Flatin predicted that the Swedish plant milk business will have its first year of profitable growth since going public in 2025, praising the company’s efforts to improve its supply chain and overhead structure during its Q4 and full year 2024 earnings report this morning.

Bird flu is expected to create sourcing and pricing issues for Post Holdings, the company announced during its Q1 earnings call this morning, as two of its third-party farm partners were hit by the disease last month and uncertainty continues to rock its supply stability.

Rybelsus. Wegovy. Ozempic. Whatever brand name it may come under, GLP-1s are rapidly changing the game in CPG as food manufacturers have scrambled to better understand how the rising popularity of these weight loss drugs will impact consumer buying habits.

It’s no secret that the plant-based meat category has faced some strong headwinds of late. But Somerville, Mass.-based startup Tender Food believes it has developed a lower-cost, more animal-like product that it says can disrupt the space and help right the ship for meat alternatives – and it’s brought on former Oatly president Mike Messersmith to lead the charge.

BellRing Brands finished its 2024 fiscal year on a high, with strong volume growth for its Premier Protein brand driving net sales to the high end of expectations in its Q4 and full year earnings report.

Private equity firm Encore Consumer Capital has finalized its acquisition of New York pizza dough producer DeIorio Foods this week. Terms of the deal were not disclosed. Based in Utica, N.Y., DeIorio’s is a legacy dough supplier, celebrating the 100th anniversary of its founding this year.