Shauna Golden

B&G Foods, the maker of Ortega, Cream of Wheat, and Crisco, is considering the divestiture of “some or all of the assets” in its Green Giant frozen and vegetable business unit to improve margins and cash flow following mixed Q3 results.

Amidst accelerated growth, refrigerated donut brand Drumroll Snacks is seeking to further expand its distribution footprint in the natural channel with the support of a recent $3 million investment from CPG brand incubator 7 Mile Brands.

Better Sour announced today it has partnered with Walt Disney Animation Studios to launch a new Passion Fruit flavor of its sour gummies featuring “Moana 2”-inspired packaging, marking the brand’s first single-flavor SKU.

Gaming-themed sour snacks producer Final Boss Sour announced yesterday it has raised $3 million in a seed round led by CPG investment and brand development firm Science Inc., the initial investor behind canned water powerhouse Liquid Death.

7 Mile Brands, the CPG brand incubator created by multi-exit entrepreneurs Jason Cohen and Sammy Kestenbaum, announced today a $3 million investment in refrigerated donut maker Drumroll Snacks to fuel the brand’s expansion.

Rethink Food, a New York City-based nonprofit that partners with local restaurants and donors across the food system, announced today it has acquired nonprofit food box service Wellfare to advance its mission of creating a more sustainable and equitable food system.

Social media content creator Dana Hasson today launched Homemade ish, a premium baking mix brand crafted for consumer convenience and customizability that operates under the tagline, “Fake it till you bake it.”

Blue Stripes, the brainchild of renowned chocolatier Oded Brenner, is aiming to generate brand awareness, drive sales and roll out new marketing efforts to support its whole cacao products with the support of a recent $20 million Series B funding round led by Zintinus.

Today’s volatile macroeconomic environment – characterized by inflation and ballooning consumer debt – has heavily influenced shopping behavior within the food and grocery space, creating “unprecedented,” bifurcated consumption patterns and significant M&A opportunities, according to a new report by Capstone Partners.

Albertsons Companies surpassed analysts’ projections in reporting second-quarter net sales and other revenue of $18.6 billion today, up from $18.3 billion last year, propelled by an increase in digital sales and omnichannel shoppers.