Shauna Golden
Posts by Shauna Golden
16 Handles’ Neil Hershman Acquires DŌ, Charts National Growth
New York City-based edible and bakeable cookie dough brand DŌ announced yesterday that it has been acquired by Neil Hershman, the owner and CEO of self-serve frozen yogurt franchise 16 Handles.
Bohana Acquired by Vimal Kansara of Boon Distribution
Boston-based air-popped water lily seed snack maker Bohana has been acquired by Ore City, Texas-based Boon Distribution, according to an email the brand sent to NOSH last week. Terms of the deal were not disclosed.
General Mills: Q2 Sales +4%, FY 2023 Guidance Raised Despite ‘Volatile’ Environment
General Mills posted strong top line and bottom line numbers in its Q2 FY2023 earnings report, despite “ongoing volatility” in the operating environment.
Nielsen: CPG Inflation Stabilizing, Private Label Sales +13% YOY
As continued inflationary headwinds and supply chain disruptions lead to ever-evolving consumer purchasing behaviors, emerging CPG brands are left to address the market.
Watch: Kroger and Albertsons CEOs Take The Stand In Senate Hearing
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.
NOSH Live Winter 2022 Day One Recap: How Whole30’s Brand Built A Community
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.
Pepsi Offers Ghost Kitchen Capabilities for Foodservice Partners
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 CEO, President Step Down, Transition into Roles on Board of Directors
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.
Kroger-Albertsons: Judge Extends Temporary Block on $4 Billion Special Dividend
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.
Hain Celestial: Positive Gross Margins, Bottom-Line Growth Reaffirm FY 2023 Guidance
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.