Headlines

Forward Foods LLC, parent company to bar brands Overnight Oats and Detour, will undergo a public foreclosure and sell all assets of the two brands at auction tomorrow.

This week, the NOSH team host a panel of CPG experts to talk about the implications Kroger’s intent to acquire Albertsons and create the largest supermarket chain in the country.

Frozen Chinese food brand Xiao Chi Jie (XCJ) announced it closed a $10 million funding round to expand the accessibility of its CPG Chinese food line with the end-goal of building a generational, omni-channel Chinese food brand.

One week after Kroger’s proposed $24.6 billion deal to merge with Albertsons, opposition is growing amid antitrust concerns from stakeholders and government officials.

In this week’s roundup: Whole Foods predicts sustainability to be a consistent theme among 2023 food trends; Ingredion announces a partnership with HowGood; Wicked Kitchen opens a fully plant-based concession stand and more.

From sourdough crisps to apple cider balsamic vinegar to banana bread latte powders, this week’s new food innovations cover a wide array of categories. Check out this gallery for notable new items including a collaboration between Chubby Snacks and tbh and holiday-inspired releases from SkinnyPop and Blue Diamond.  

Brainiac Foods is bringing cognitive-health awareness to every generation of the family unit through an expanded portfolio of snacking products as well as a new line of daily supplements set to launch in CVS next month.

Gut-friendly snackbar brand BelliWelli is making its first major foray into retail with a national rollout at Sprouts this week after primarily selling its probiotic, low FODMAP-certified snack bars direct-to-consumer sales for the past year.

Nestlé has reached an agreement to fully acquire Seattle’s Best Coffee, a dry coffee brand owned by Starbucks, four years after the Swiss conglomerate obtained global marketing and distribution rights to the brand. Terms of the transaction were not disclosed. The acquisition is expected to close by the end of the year following regulatory approval… Read more »

Pittsburgh-based snack food copacker TruFood has been acquired by asset management firm Mubadala Capital, the company announced in a press release. Financial details of the transaction were not disclosed.