News
Food and beverage industry news.
Alpha Foods Recalls Vegan Sandwiches, Burritos Containing Milk Protein
Alpha Foods, a maker of vegan meals and plant-based meat alternatives, has issued a voluntary recall of its Meatless Breakfast Sandwiches and frozen burritos after traces of milk were discovered in the products.
The NOSH Podcast: Five Things To Consider Before Your Next Capital Raise
The team talks snack news and the state of online subscription businesses and later, key themes from a recent seminar hosted by Natural Products Consulting. Then, we hear from Andy Whitman, Managing Partner of Loft Growth Partners about what to keep in mind when pitching investors.
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2022 Recap: Regenerative Ag, Upcycling & Innovation Mark Year In Sustainable Food
New label certifications, calls for transparency of environmental impact and innovative products targeting sustainability-minded and health-conscious consumers showed how shoppers prioritized CPG food in 2022.
Ample Hills Runs into Financial Roadblocks, Shutters Operations
Ice cream maker Ample Hills is temporarily closing in a last-ditch attempt to secure critical financing to continue operations, the company stated in a letter posted to its website on Monday.
Rainforest Expands to New England With Mass. Warehouse
Rainforest Distribution has opened a warehouse in South Easton, Massachusetts, expanding its services beyond its home base of New York into New England, according to information posted online.
Could Daily Harvest Be Coming to Your Local Grocery?
Several job postings indicate that direct-to-consumer frozen meal company Daily Harvest will enter brick-and-mortar retail.
General Mills: Q2 Sales +4%, FY 2023 Guidance Raised Despite ‘Volatile’ Environment
General Mills posted strong top line and bottom line numbers in its Q2 FY2023 earnings report, despite “ongoing volatility” in the operating environment.
Good Karma Names Mike Murray as CEO, Funding Round to Close in ‘Near Future’
Good Karma Foods has named Mike Murray as its new CEO as the plant-based dairy alternative producer prepares to close a new financing round led by Valor Siren Ventures (VSV) and Loft Growth Partners. Murray arrives at the Boulder, Colorado-based brand from protein solutions company Teton Waters Ranch where he had served as CEO since… Read more »
Taste Radio: Category Leader. Highest Price On Shelf? Yep. How Serenity Kids Changed The Game.
Their flagship products have a suggested retail price that is nearly double those of legacy and competing brands. And, yet, Serenity Kids is outpacing them all. In this episode, founders Serenity and Joe Carr spoke about why maintaining a premium price point is key to the brand’s value proposition, their thoughtful sourcing and operations strategies, how they developed a sophisticated understanding of the packaged food industry and their rigorous hiring process.
Cometeer: Layoffs Hits Across Departments at Flash-Frozen Coffee Brand
Cometeer, the Massachusetts-based maker of flash-frozen coffee pods, laid off a number of employees across departments last week in a move sources described as an attempt to cut costs. The innovation-focused startup, founded in 2015 by CEO Matt Roberts and CTO Douglas Hoon, had grown to over 100 employees this year, following a $35 million… Read more »