Lukas Southard
Posts by Lukas Southard
Colavita Grows California Foothold With O Olive Oil & Vinegar Acquisition
Italian food importer, distributor and producer Colavita has acquired California-based O Olive Oil & Vinegar for $6.23 million, giving Colavita another foothold in the domestic olive oil and wine vinegar category.
New Roundup: Blue Apron Expands DoorDash Partnership; Foxtrot Names New CEO
Blue Apron expands its Heat & Eat meals partnership with DoorDash into 11 new locations, Foxtrot Market names its new CEO and Indian foods chef Maya Kaimal has released her third cookbook.
Olyra Banks $4M To Grow Breakfast Biscuit Category
Greek biscuit maker Olyra Foods closed a $4 million Series A funding round in late February to help the brand grow its marketing team and continue to expand its retail presence in the breakfast category.
Upward Farms Closes “Infinitely Complex” Vertical Farming Operation
Vertical farming company Upward Farms announced last Thursday that it would be ceasing operations at its Brooklyn headquarters and will not be opening its large-scale production facility in Pennsylvania.
News Roundup: Mintel Report Finds Positive Consumer Sentiment For MSG; Nestle and Cargill Make $15M Regen Ag Investment
In this week’s roundup: A new report finds consumer perceptions of MSG are shifting, Nestle and Cargill invest $15 million into regenerative ag projects, Mila partners with Simu Liu, Faiir Initiative publishes warning for livestock producers and Last Crumb goes gluten-free.
Catalina Marketing Restructures Debt Under Chapter 11
Marketing supplier Catalina announced it was restructuring its debt under Chapter 11 Bankruptcy Code and in the process selling its Japan-based unit to “strengthen its balance sheet.”
Coffee: Study Details Links To More Steps, Less Sleep, Heart Health
A recent study of 100 individuals published in The New England Journal of Medicine suggests that coffee consumption throughout the day increases physical activity while also negatively impacting a person’s sleep at night; yet, the impact of coffee on the heart are mixed.
FDA: Aims To Reduce Sodium Intake, Allows Salt Substitutes In Food Products
The FDA proposed a new rule Friday allowing food makers to use salt substitutes in place of salt in an effort to reduce sodium intake from various processed and prepared foods. The move allows brands greater flexibility in ingredient choice used for flavor enhancement and preservation.
Green Zebra Grocery: Portland’s Experimental Healthy Convenience Store Chain Shuttering
Better-for-you, Portland-based convenience store concept Green Zebra Grocery is shutting down all three locations at the end of the month citing the pandemic and inflation making the cost of business too steep to continue.
EnWave Sells Moon Cheese Snack Brand To Focus On Licensing
EnWave Corporation has sold its Moon Cheese snack brand to Creations Foods along with a royalty-bearing commercial license agreement to produce cheese snacks in the U.S. as the food drying technology company strategically focuses from retail CPG to licensing partnerships.