Carol Ortenberg
Posts by Carol Ortenberg
B&G Foods “Actively Seeking” Back to Nature Buyer
B&G Foods is “actively seeking” a buyer for snack brand Back to Nature, stating on this week’s third quarter earnings report that while the brand was performing well enough, the divestment is part of a larger initiative to refocus B&G’s core portfolio and reduce debt.
Beyond Meat CEO: Company Will Pivot to Focus on Profit Over Growth
After reporting “disappointing” revenues, Beyond Meat CEO Ethan Brown told analysts on the company’s third quarter earnings call that he is taking “aggressive measures” to right the ship at the plant-based meat brand.
Dirty Hands Conducts Layoffs As Part of Larger Restructuring
Dirty Hands, one of the CPG industry’s largest merchandising firms, laid off employees from across the company last week in a move to refocus its business on the natural channel.
TBH Adds to Exec Team with New Co-CEO, Will Launch Single-Serve & New Products
Low-sugar dessert spread TBH has announced co-founder Ba Minuzzi will step into the role of co-CEO alongside existing CEO Elana Guberman.
Stryve Founder Departs Meat Snack Company as It Considers Move Into Pets
Joe Oblas, has departed Stryve Foods, the meat snacks company he co-founded in 2017. According to Oblas and trademark filings, the company will be adding new products in the pet food category.
(Exclusive) Seas the Day: Scout Canning Raises $4M to Expand Tinned Seafood Platform
Tinned seafood may be having a moment, but Scout Canning believes it can give the category more than its fifteen minutes of fame. The Canadian company announced today the closing of $4 million in funding to fuel distribution growth and launch of new products designed for a broader audience.
Beyond Meat Launches Plant-Based Steak Tips
Alt-meat brand Beyond Meat has officially launched its long awaited plant-based steak. Released as steak tips, the new SKU can already be found on Walmart and Jewel Osco’s ecommerce sites and in stores.
Kroger/Albertsons Merger: “An Existential Question” Around Effects on Brands
Kroger will purchase fellow grocery retailer Albertsons in a $24.6 billion deal that has left members of the industry wondering about the long term ramifications for brands and shoppers.
Watch: How 4th & Heart Went Back to Basics to Improve the Bottom Line
In this video 4th & Heart CEO Max Dichter shares how a product reformulation, SKU rationalization and changes to its manufacturing processes have benefitted the ghee company’s financial health.
Exclusive: Radi to Run Sweet Loren’s as President, Will Grow Beyond Cookie Dough
CPG executive Doug Radi is headed to cookie dough company Sweet Loren’s to serve as its president, a newly created role in which he will oversee all departments and report directly to founder and CEO Loren Brill.