Lukas Southard
Posts by Lukas Southard
IRI: Recession Could Give Opportunity to Private Label Brands
Market research group IRI explained Wednesday in a presentation titled “Consumer Demand for Private Brands” that a tougher economic climate could provide a boon to retailers hoping to expand their private label footprint as shoppers become more cost-conscious.
Plum Organics Rebrand Highlights Transparency
Organic kids food brand Plum Organics has fully redesigned its packaging across its entire portfolio that graphically represents the different products’ offerings.
PINATA Raises $10M To Expand Front-Line Workforce Optimization
Task management software company PINATA has raised $10 million to help address front-line worker optimization as its customers prepare for a recession to “connect the C Suite to the street.”
Impacked Raises $2.5M, Aims To Streamline Supply Chain For Packaging
After a recent $2.5 million raise, packaging platform Impacked is bringing the trade show to CPG brands 365 days a year by building the industry’s first one-stop digital marketplace in an effort to fix an antiquated and fractured sourcing model.
Winn-Dixie Owner Southeastern Grocers Exploring Sale
The Florida-based operator of the Winn-Dixie and Harvey’s supermarkets, is reportedly exploring a sale and is in talks with prospective buyers, furthering concerns of more consolidation in the grocery channel.
News Roundup: Impossible Founder Pat Brown Takes Leave; Boosh Raises Capital
In this week’s roundup: Impossible Foods founder Pat Brown goes on a leave of abscence; Boosh raises captial to support Beanfields; Green Giant and the Corn Kid take on Thanksgiving and more.
Teton Waters, SunFed Combine To Form Grass-Fed Beef Giant
Two leaders in the grass fed meat industry, Teton Waters Ranch and SunFed Ranch, are joining forces to make one of the largest platforms for pastured beef called Grass Fed Foods hoping to capitalize on regenerative agriculture’s demand and move into mainstream channels.
FDA Unveils Food Traceability Final Rule, Disadvantaging Small Food Makers
The FDA’s Food Traceability Final Rule published on Tuesday is meant to streamline oversight of contaminated food products but could put smaller food makers at a disadvantage due to the complexity of the mandate.
Bel Group Partners With Standing Ovation, Targets Animal-Free Cheese
Bel Group – maker of Babybel, Boursin and The Laughing Cow brands – is partnering with food technology company Standing Ovation to use the startup’s animal-free, casein milk proteins to develop new cheese alternatives.
Tyson: CFO Apologizes For Arrest, Profits Miss
Tyson Foods CFO John R. Tyson apologized for his arrest on November 6 during the company’s Q4 FY2022 earnings call Monday. The company reported record sales for 2022 but fell short of FY revenue expectations on the back of high beef prices and headwinds to pork sales.