Shauna Golden

After its primary lender pulled nearly two-thirds of the company’s available cash, Meati – once valued at $650 million – is reportedly slated to sell for $4 million.

The Hershey Company posted a 13.8% year-over-year net sales decrease to $2.8 billion during the first quarter in its earnings release this morning, though the decline was softer-than-expected thanks to growth in its North America Salty Snacks segment.

Despite a “dynamic operating environment,” Oatly CEO Jean-Christophe Flatin claims the company remains on track to deliver its first full year of profitable growth since going public in 2021.

Kraft Heinz downgraded its full-year sales outlook, citing “uncertain times” characterized by softer consumer demand in North America and looming tariffs.

Frozen plant-based Italian food producer Sunday Supper has appointed former Good Planet COO Spencer Oberg as CEO as it readies to launch a $2.5 million seed round.

Consumers may still be feeling the squeeze from inflation, but that doesn’t mean they aren’t willing to spend more on “cleaner” products – a sentiment that’s carried over into the organic marketplace.

Chobani is investing $1.2 billion in a new dairy processing plant in Rome, New York, amidst accelerated growth.

With Easter just a few days away, shoppers will be shelling out more for sweets than they have in years’ past. This year’s holiday has become one of the most egg-spensive yet (sorry, we had to).

Following its failed mega-merger with Kroger, Albertsons Companies, Inc. is entering fiscal 2025 with positive momentum and expectations that it will improve top-line trends in its grocery business in the back half of the year.

After more than six years in business, modern pantry staple maker not just co. is shutting down.