News

Cibo Vita, the parent company of Nature’s Garden, has sold a majority stake of its better-for-you snack business to Citation Capital, a private equity firm focused on founder and family-led companies.

In the current environment, an omnichannel strategy is merely table stakes and consumer demand for climate-related attributes is climbing. Against that backdrop, Anna Hammond, founder and CEO of Matriark Foods, has cooked up a sales and supply chain strategy to cultivate a larger impact than simply turning a profit.

Oh my gourd, it’s fall! To celebrate the season, a multitude of brands are releasing new pumpkin spice-flavored products designed to transport customers straight to the pumpkin patch. Check out the gallery below for new releases from Laird, Lesser Evil and Tiesta Tea, among others. 

In this week’s notable new products roundup, Chicken of the Sea expands its on-the-go offerings with its new tuna and salmon pouches, Newman’s Own revamps its line of pasta sauces and Cheerie Lane seeks to reinvent the way consumers make popcorn.

This week in distribution news, Yumi brings its functional kids’ snacks to Whole Foods, Undercover Snacks expands its partnership with Costco and egglife grows its retailer network with a deal at Food Lion.

This week on NOSH Podcast, Nuts.com CEO PJ Oleksak and chairman Jeffrey Braverman discuss how the nut empire was built and evolving the DTC business as online shopping has changed.

At NOSH Live, entrepreneurs hailing from a variety of companies and backgrounds gathered to network and learn from successful industry leaders. As part of the event’s slate of speakers, T.J. McIntyre, currently CEO of Bobo’s Oat Bars, shared lessons from a career spent working with high growth companies and managing cash flow in and out of their businesses.

On the table will be advice for brands looking to raise capital in the near term, as well as the ways current events are affecting CPG investing. Speakers include: Ashley Hartman co-leader of Bluestein Ventures, Genevieve Gilbreath co-founder and General Partner of Springdale Ventures, Franklin Isacson a Founding Partner at Coefficient Capital, and Tapan Shah who has been a part of the natural foods eco-system for almost 20 years.

United Natural Foods Inc. (UNFI) will part ways with its president Chris Testa on October 13 as part of an ongoing effort to streamline operations and increase shareholder value, according to an announcement this week.