Shauna Golden

Senate committee members attempted to extract Kroger and Albertsons’ “side of the story” during a hearing on the $24.6 billion merger. Here are some highlights from the two and a half hour testimony.

Melissa Urban, founder and creator of elimination diet Whole30, brought attendees together during the opening session of NOSH Live Winter 2022 for a discussion on building a brand through community.

In an effort to unlock further growth opportunities for its foodservice partners, PepsiCo’s Foodservice Digital Lab announced today it will begin offering existing and future customers the ability to “seamlessly enter” the “ghost kitchen” space while leveraging the company’s resources and portfolio of brands.

Kodiak Cakes co-founders Joel Clark and Cameron Smith announced today they are stepping down from their respective positions as CEO and president of the baking mix and snack brand.

A judge from Washington State has extended the temporary block on a $4 billion payout to Albertsons’ shareholders in an effort to halt the cash dividend until the grocery giant’s proposed merger with Kroger can be fully reviewed by federal regulators. Judge Ken Schubert of King County Superior Court last week extended the temporary restraining order (TRO), now effective until Nov. 17.

New York-based organic and natural products company Hain Celestial announced today that net sales for Q1 FY2023 decreased 3% year-over-year to $439.4 million.

Amid continued efforts to ramp up its omnichannel growth, Los Angeles-based specialty coffee brand Chamberlain Coffee has named Liz Ahern as chief marketing officer, where she will be tasked with overseeing brand strategy, distribution expansion and integrated campaign planning and execution across all marketing touchpoints.

Tech-enabled finance platform Ampla Technologies announced this week it has acquired Upside Financing, a move it says will help the company open up a B2B buy-now, pay-later market. Financial details of the acquisition were not disclosed.

Albertsons has rejected a request by several state attorneys general (AG) to hold off on a special dividend payment totaling nearly $4 billion to stakeholders, stating the dividend plans were developed prior to potential merger discussions with Kroger and payment cancellations could lead to financial and legal liabilities, as reported in Bloomberg.

In response to ever-increasing prices, consumers are adapting to the evolving economy by modifying both their everyday and holiday grocery habits.