Headlines
Nortera Foods’ Green Giant Deal Hits Regulatory Roadblock in Canada
Nearly 10 months after B&G Foods agreed to sell its Green Giant and Le Sieur businesses in Canada to Nortera Foods, the transaction is facing a potentially deal-breaking regulatory challenge.
Dive Into Innovation With BevNET CPG Media’s Interactive Launch Explorer
We’ve compiled more than 1,000 new product, flavor, function, and retailer-specific exclusive launches from this year in a centralized, interactive and detail-rich hub.
Now Under Ferrero, Purely Elizabeth Moves Beyond Breakfast With Chewy Granola Bites
Purely Elizabeth is taking granola “beyond the bowl” with its first true entry into snacking, Chewy Granola Bites. It’s a move founder and CEO Elizabeth Stein sees as the beginning of a broader expansion for the fast-growing brand as it prepares to join Ferrero Group. Available in four flavors – Dark Chocolate Chunk, Salted Honey… Read more »
Target’s F&B Sales Climb as Major Grocery Reset Accelerates Snack Growth
Target’s push to become a food “destination” is gaining traction, with the mass retailer posting high-single-digit growth in food and beverage in the second quarter.
Grocery Inflation Has Stabilized, but Consumers Remains Budget Conscious
A new report from the Acosta Group found that despite grocery affordability improving, consumers are still prioritizing value brands and promos at higher rates than they did prior to the rapid inflationary period several years ago.
Feeling ‘Cozy’: RJ Naturals Rebrands To Scale Grass-Fed ButterBar
Newly rebranded COZY Foods is raising pre-seed funding this summer to support a shift into co-manufacturing and a broader retail push.
Marketing: David and Fields Good’s Ice Cream Collab; Mondelēz Sponsors the Chiefs
David Protein is keeping cool this summer with a one-day-only, co-branded protein ice cream cookie offering made in collaboration with Fields Good. The functional desserts, which contain around 20 grams of protein per serving, will only be available for a single day on August 22 at David’s New York City pop-up scoop shop, located in the West Village in Manhattan.
Nut-Free Crustless PB&J Brand Fave’Wich Acquired By JSB Industries
Crustless sandwich brand Fave’Wich has been acquired by bakery business JSB Industries for an undisclosed amount.
Rebel Creamery Files for Ch.11 Bankruptcy Following Legal Defeat to Van Leeuwen
Still reeling from its $23.8 million legal defeat to Van Leeuwen last month, Rebel Creamery has filed for Chapter 11 bankruptcy protection. In documents filed in Utah last week, Rebel Creamery declared $23.85 million in debt, naming Van Leeuwen as its largest creditor, while owning total assets of only $13.8 million with about $5.2 million in cash.
Investors Sue Simply Good Foods Over ‘Abject Failure’ To Integrate OWYN Brand
Less than two years after its acquisition of OWYN, Simply Good Foods Company is facing a proposed class action suit from investors alleging the integration of the brand has been “an abject failure.”