News

In this episode, the CPG Week team talks Beverage Forum insights, the state of the cannabis industry after the news that marijuana will be rescheduled to a Class III drug and the troubling signs coming out of the fintech consumer brand lender Ampla.

Mondelēz posted “solid top-line” results in Q1 2024 with net revenue up 1.4% and organic net growing 4.2%; however the multinational chocolate, candy and snack producer saw volume/mix decline 2.1%.

The country’s largest grocery retailer is setting up to capitalize on consumers’ growing affinity for private label offerings amid continued, heightened food prices. Walmart debuted its new store brand, bettergoods, today with over 300 unique products.

Banking on the success of low-dose beverages, the cannabis edibles category is circumventing the regulated market and expanding into hemp-derived THC to reach new consumers in regions where adult-use dispensaries are not accessible.

The Simply Good Foods Company announced today it will acquire Only What You Need (OWYN) for $280 million in a cash transaction.

Get ready for our May Community Calls! This month, learn what to do when a key account disappears, how to leverage NCG to amplify sales and distribution, find advisors and assemble a board, curate a winning portfolio with customer feedback, and get on shelf at Sprouts. Our May calls are free and open to the public – just register in advance and mark your calendar.

The CPG industry has taken many approaches to reducing packaging waste. Circular models have emerged as an idealistic solution for one simple reason: there’s no waste created.

With our new self-service press release portal, you can get your press release / news posted more quickly with increased control over formatting AND the ability to make changes after publishing.

An important source of working capital for early stage food and beverage entrepreneurs is in turmoil as fintech consumer brand lender Ampla and its investors have spent the last several weeks fighting off collapse.

When Outfox Hospitality abruptly shuttered its doors earlier this week, it left a lot of CPG brands caught in the fray, including many emerging brands and new product concepts. Many of them feel as if the industry has lost a major stepping stone account.