Lukas Southard

When Outfox Hospitality abruptly shuttered its doors earlier this week, it left a lot of CPG brands caught in the fray, including many emerging brands and new product concepts. Many of them feel as if the industry has lost a major stepping stone account.

Outfox Hospitality’s future is unclear today after growing reports indicate that the company has shuttered all its Dom’s and Foxtrot stores today with potential bankruptcy looming.

Wilde Protein Chips announced today it had secured over $20 million in a round that will go towards supporting the brand’s growth trajectory with existing distribution partners.

Voyage Foods has signed on as an exclusive B2B partner for Cargill with its nut-free spreads and cocoa-free chocolate, staking out a future for the food technology startup as an ingredient supplier.

Laird Superfood has moved towards a more positive future after shifting to an asset-light production model, reducing capital burn on marketing, and prioritizing its direct-to-consumer and ecommerce distribution channels.

David Chang’s Momofuku brand is targeting food brands like Homiah and MìLà with cease-and-desist letters claiming trademark infringement over “chili crunch” products.

Pancake and waffle mix brand Long Table is using its popcorn flour innovation to educate consumers on the importance of eating regeneratively grown, heirloom whole grains.

Sunnie Snacks is two-thirds the way to closing its first institutional investment round as it builds off its new distribution partnerships and seeks to capture consumers in others parts of the store.

Maine Crisp has finally regained its footing as it prepares to go to Expo West and launch nationwide in Whole Foods after a mid-December “100-year” storm and flood wiped out nearly all of the company’s inventory, ingredients and packaging.

Campbell Soup Company released its second-quarter 2024 earnings with net sales at $2.4 billion, a -1% decline from the year-ago period. The company reported sequential volume improvements and margin growth as it prepares to close the acquisition of Sovos Brands next week.