Headlines
Monster Energy Execs Scoop Up Rite Aid’s Thrifty Ice Cream Brand
Amidst bankruptcy proceedings, Rite Aid has found a buyer for its Thrifty Payless subsidiary, which houses the Thrifty Ice Cream brand, as part of a $19.2 million transaction that also includes KPH Healthcare Services.
Nombase, powered by BevNET, Launches New Data Hub: A Centralized Resource for Food, Beverage & Beer Industry Reports
Nombase, the digital platform serving professionals across the food, beverage, and beer industries, just launched the Nombase Data Hub, a centralized destination for exclusive industry reports from trusted partners including CGA powered by NIQ, Agrowgate, 3 Tier Beverages, FABID, SPATE, Brightfield Group, and others.
Blue Sky Sells Hemp Division To Manitoba For Cannabis Arm Scale-Up
Blue Sky Hemp Ventures has exited the food business. The company has sold its hemp ingredients division to Fresh Hemp Foods, the parent company of legacy grower Manitoba Harvest, which is owned by Tilray Wellness, for an undisclosed sum.
Above Average: Joe Tea Expands Into Hydration, Cans, Snacks
Joe Tea is expanding globally while building on its core base of iced teas, lemonades and chips to bring innovation to snacking and beverages.
Kardashian Protein Popcorn Brand Muscles Into More Retailers
Within a few months of its late-April launch, Khloé Kardashian’s snack brand Khloud Protein Popcorn has expanded into more than 2,500 retail doors nationwide, including Target and Sprouts Farmers Market stores. Additional distribution is planned for Wegmans, Raley’s, ShopRite and CIBO Express this month. The products also are available online on Thrive Market, GoPuff and the brand’s direct-to-consumer website.
Kervan USA Breaks Ground on $20M Candy Production Facility
Turkish-owned confections manufacturer Kervan USA is charging up its American production capabilities, investing $20 million into a new facility in Lehigh Valley, Pa.
CPG Week: UNFI’s Cyber Crisis Aftermath & The Celebrity Podcaster To Bev Biz Pipeline
On the CPG Week podcast, the team discusses the UNFI cyberattack, podcast-backed beverage brands, the rebirth of Joriki Beverages and beer distributors’ next move after Alani Nu.
Fancy And Free-From: MAHA’s Influence At Specialty Food Show
From pantry staples to snacks, the anti-seed oil sentiment was strong across product categories at the Summer Fancy Food Show this week.
Buckwheat Is Building Momentum. What Brands Are At The Forefront?
Ancient regenerative grain buckwheat is growing its presence in the U.S. market, and three exhibitors at this year’s Summer Fancy Food Show presented a range of applications aimed at introducing the gluten-free, fiber-rich input into American diets.
Something Old, Something New: Lancaster Colony Rebrands as The Marzetti Company
Specialty foods producer Lancaster Colony Corporation has rebranded as The Marzetti Company in an effort to honor its history while entering its next chapter of growth.