Lukas Southard

Cold brew brand Lucky Jack has been acquired by private label manufacturer Magnum Coffee Roastery earlier this year for an undisclosed amount. Magnum has added Lucky Jack’s high-caffeine extraction IP, facility, products and manufacturing capabilities as part of the deal.

Family-owned breakfast cereal and snack brand Nature’s Path acquired fellow Canadian, CPG brand Love Child Organics in a bid to increase Nature’s presence in the toddler and kid-positioned food categories.

The USDA announced plans to revise the guidelines for animal-raising claims providing more consumer transparency and oversight for label callouts like “grass fed,” “pasture raised,” “hormone-free” or “antibiotic-free.”

J.M. Smucker Co. reported a 10% net sales growth year-over-year on the back of its coffee and Uncrustables brands during its Q4 earnings call and is expecting about $8.5 billion in sales for FY2024 with gross margins hovering around 36.5% to 37%.

Meati is cutting its workforce by about 5%, affecting about 17 employees of the 300-person company less than six months after the mycelium-based protein company opened a new 100,000 sq. ft. production facility.

In this roundup: Texas passes new bill on plant-based product labels; Albertsons consolidates its leading private label line; Kraft launches in the frozen aisle; and Oath Pizza CEO sued by investors.

Campbell Soup Company offloaded its nut and trail mix brand Emerald Nuts to Minneapolis-based, private label manufacturer Flagstone Foods on Tuesday for an undisclosed amount as the legacy soup company prioritizes its more successful snacking labels.

Backed with over $50 million in investment, former CEO of the Roundy’s and Mariano’s chains Bob Mariano has embarked on his latest venture in the Chicago area, Dom’s Kitchen and Market. The retailer hopes to have 15 stores by the end of next year building on an omnichannel, experiential type of food shopping grounded in prepared foods, heavier product curation and app-based connectivity.

The USDA’s purview is regulating agricultural products and livestock that become food, but its reach in the industry stretches into other areas of health, nutrition, food access and safety. Here is a brief explainer about some of the current administration’s priorities pertaining to CPG food.

Ben & Jerry’s has named its longtime CMO as the new top executive, signaling that the company will continue highlighting its role as an outspoken voice for social activism.