News
Food and beverage industry news.
GrubMarket Acquires Good Eggs
Food tech company GrubMarket has acquired distressed online grocery platform Good Eggs in the latest example of a highly competitive market for ecommerce food delivery companies.
BellRing: Premier Protein Drives Double-Digit Q3 Growth As Powders Move Towards Mainstream
BellRing Brands – the producer of Premier Protein and Dymatize brands – reported 15.6% net sales growth to $515.4 million in its Q3 earnings report this morning as the company works to build up demand and household penetration for its shakes and powders.
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Akua Shuts Down, Citing Manufacturing ‘Catastrophes’ and Decline of Plant-Based Movement
This week, Akua founder and CEO Courtney Boyd Myers announced via LinkedIn that kelp-based burger producer is shutting down, citing packaging, manufacturing, warehouse and shipping “catastrophes.”
TreeHouse Foods Bets On Long-Term Private Label Potential
Despite a spike in private label popularity, TreeHouse Foods posted a 1.9% sales decline in Q2 as the company’s balance sheet recovers from significant divestitures and it works to regain momentum after a planned renovation to its broth facility.
Insider Daily Briefing: Why Eat The Change Is Tossing Chews
Also in this edition: Treehouse Foods posts Q2 loss, inside the rumors around Kellanova’s acquisition by Mars, details on Agrovision’s $100 million raise and a roundup of new pumpkin products.
Insider Daily Briefing: Cautious Consumers Drag On Big CPG’s Bottom Line
Also in this edition: this week’s new products, how a Friendly Bread is diversifying via the freezer, IFG snaps up a Killer Brownie brand and surprising foods that are all the rage at the 2024 Paris Olympics.
A Friendly Freezer: Frozen Food Startup Diversifies Via Cold Storage
Frozen sourdough grilled cheese startup A Friendly Bread is opening up access to its hottest asset: freezer space.
New Products: Collabs from Little Spoon and Mike’s Hot Honey, Plus Hippeas, Tyson, Lindsay Olives & More
In this week’s notable new products roundup, Little Spoon joins forces with Graza, Kroger unveils its latest private label brand and Hippeas adds two new Mexican-inspired flavors.
BevNET & Nosh Community Calls This August: Cutting Distribution Costs, Insider Tips From Amazon, Learning from Big CPG, and Retail Profitability
Get ready for our August Community Calls! This month, dive into how POD Foods can slash your distribution costs, gain insider tips from Amazon on optimizing integration and reviews, learn from big CPG innovations, and explore the timeline for profitability in retail.
CPG Week: Oats Overnight And Unpacking The Ozempic Craze
On this episode of CPG Week, the podcast team teases their Nosh Notables honorable mentions, details the latest investment for a fast-growing food brand and discusses the different marketing approaches food brands are taking in the Ozempic Era.