Shauna Golden

Amid what has been dubbed the “Utah Cookie Wars,” specialty cookie brand Crumbl has experienced growth in its direct-to-consumer sales. According to data from media company 2pm, Crumbl ranked 19 out of 700 DTC companies with an estimated revenue of $125,560,000 the week of August 29.

Two months after downgrading its full-year guidance due to “unprecedented volatility” and “numerous challenges,” Hain Celestial announced today that net sales for the full Fiscal Year 2022 dropped 4% year-over-year to $1.89 billion.

Frozen food sales in convenience stores have continued to rise as consumers seek out meal shortcuts and convenient dinner options beyond the peak of the pandemic. In the past year alone, frozen category sales in c-stores rose 18.3%.

Chamberlain Coffee, the Los Angeles-based specialty coffee brand founded by YouTube sensation Emma Chamberlain, announced it has closed a $7 million funding round to fuel omnichannel business growth.

Laird Superfood is downgrading its full-year guidance after announcing that net sales dropped 6% year-over-year to $8.7 million during Q2 2022, citing structural headwinds in online channels in addition to inflationary pressures.

Austin, Minneapolis-based Hormel Foods announced today it will transition to three operating segments – retail, foodservice and international – as it moves further beyond meat products and evolves into a “global branded food company.”

Whole Foods Market this week announced the 10 brands selected to participate in its new mentorship and education program for local suppliers, the Local and Emerging Accelerator Program (LEAP).

Numerous CPG food & beverage brands have taken to social media this week to announce their selection to participate in 7-Eleven’s 2022 ‘Brands with Heart’ program. For the fourth year, the 7-Eleven, Inc. Brands with Heart campaign will enable brands to enter the c-store retail channel by introducing their products to 7-Eleven, Speedway, and Stripes consumers nationwide.

Grain-free baked goods maker Soozy’s is approaching its fifth anniversary with ingredients it believes can help the company achieve more mass appeal. In addition to shifting its positioning, the brand has also expanded its product mix and distribution, in addition to bringing on Grupo Bimbo as a new partner.

Greenwich, Connecticut-based snack brand Munk Pack announced last week it closed a $5 million funding round led by an undisclosed private investor.