Lukas Southard
Posts by Lukas Southard
Arms Race: Cultivated Meat Companies Battle To Grow Production Space
Cell-cultivated protein companies appear to be locked in a race to build commercial-scale production plants, even as the industry awaits full regulatory approval from both the FDA and the USDA, reflecting the long and complex road towards widespread commercialization and price-parity with conventional meat and seafood.
FDA: ‘Continuing Concerns’ About Smucker’s Peanut Butter Facility Tied to Outbreak
The FDA has requested further answers from The J.M. Smucker Company about the company’s food safety response in the wake of a Salmonella outbreak that led to a Jif brand peanut butter recall in May 2022.
Unilever Names New CEO, Reaffirms Food Brands Strategy
Unilever has appointed former H.J. Heinz executive Hein Schumacher to lead the CPG company effective July 1 reaffirming the multinational company’s commitment to its food brands.
Albertsons: WA Supreme Court Clears Way For $4B Dividend
The Washington State Supreme Court has cleared the way for Albertsons to pay out a $4 billion shareholder dividend after it sided with a lower court trial judge in declining the state attorney general’s request to appeal an injunction on Tuesday.
Deloitte: Profitable Growth Will Drive 2023 CPG Industry
Global accounting firm Deloitte’s recent 2023 CPG industry outlook reported that profitable growth is the top priority food and beverage brands as they continue to navigate supply chain disruptions and economic uncertainty.
Kerry Sells Sweet Ingredients, Focused On Nutrition Wellness
Kerry Group announced last week its intention to sell its sweet ingredients portfolio in order to further focus on functional ingredients and innovation in biotechnology for food.
Cerebelly Receives First Brain-Health Patent For Baby Food
Baby food maker Cerebelly received the first U.S. patent for food composition that benefits optimal infant neurodevelopment. The recipe includes 16 key nutrients supporting brain health and is in all the brand’s squeezable pouches.
News Roundup: Walmart Taps Salesforce, New Age Eats Sells Pilot Facility
Walmart announced a partnership with Salesforce to help the retailer drive profitability in its delivery and curbside pickup apps. New Age Eats puts pilot production facility up for sale and Beyond Meat sheds another executive.
Outstanding Foods Looks to Double Retail Footprint as Leadership Expands
Since introducing its line of dairy-free Cheese Balls last year, vegan snacks company Outstanding Foods has seen sales accelerate. Now, new president Bobbie Turco says the brand is looking to make 2023 its breakout year.
News Roundup: Pickle Wars, Low-Carbon Beef
Grillo’s is taking Wahlburgers to court over pickles, a data company unveils its cattle carbon credits at the CES Convention, Jenny Craig launches a ready-made, meal delivery platform and precision fermentation company Liberation Labs closes seed funding round.