News
Food and beverage industry news.
Getting That Dough: 7 Mile Brands Invests $3 Million in Drumroll Snacks
7 Mile Brands, the CPG brand incubator created by multi-exit entrepreneurs Jason Cohen and Sammy Kestenbaum, announced today a $3 million investment in refrigerated donut maker Drumroll Snacks to fuel the brand’s expansion.
New Products: A-Sha Heats Up, MiLa Gets Sweet
In this week’s notable new products roundup, A-Sha expands its product collaboration with First We Feast’s Hot Ones, MiLa joins forces with pastry chef Dominique Ansel to create its first dessert soup dumpling, and Nestle Toll House celebrates football season with a mashup of two fan-favorite foods.
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Wanderlands Is Creating ‘Somewhere-ness’ With Nut Mixes
New nut mix maker Wanderlands is blending neuroscience and winemaking to make a “transportive” snacking experience for consumers.
Simply Good Foods: Optimistic Forecast After Positive FY 2024 Results
After a positive Q4, Simply Good Foods presented an optimistic outlook for the coming FY2025 with a continued restructuring of the Atkins brand and the further integration of OWYN into its portfolio.
Picking Apart Amazon’s Vendor Central Purge
Amazon is refining its wholesale business model and, in the process, forcing thousands of brands to transition to its consignment-style platform, known as Seller Central, by Nov. 9. While the change may sound daunting, according to a couple of Amazon experts, the switch may actually lead to long-term benefits for these businesses.
CPG Week: Boba Controversy, AI Energy & NACS Takeaways
On CPG Week, the podcast team discusses a bubbling controversy in boba, Jack Owoc’s return to energy, and an update from the National Association of Convenience Stores’ (NACS) yearly conference.
Elevator Talk: Villa Mexico Cafe, Aaji’s, Madly Hadley, Pulpito Fruit Bites
The latest episode of Elevator Talk features leaders from Villa Mexico Cafe, Aaji’s, Madly Hadley and Pulpito Fruit Bites. Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. Our special co-host is Natalie Alibrandi, the CEO of Nali Consulting, who shared her thoughts, questions and feedback with the participants.
Rethink Food Acquires Wellfare to Streamline Operations, Expand Reach
Rethink Food, a New York City-based nonprofit that partners with local restaurants and donors across the food system, announced today it has acquired nonprofit food box service Wellfare to advance its mission of creating a more sustainable and equitable food system.
Second Nature Brands Acquires Voortman From Smucker
The M&A pipeline between The J.M. Smucker Company and Second Nature Brands just got slightly sweeter.
‘Fake It Till You Bake It’: TikTok’s Dana Hasson Launches Baking Mix Brand Centered Around Convenience, Customizability
Social media content creator Dana Hasson today launched Homemade ish, a premium baking mix brand crafted for consumer convenience and customizability that operates under the tagline, “Fake it till you bake it.”