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Food and beverage industry news.
NOSH Podcast: How To Merchandise A Digital Shelf
This week’s podcast is a replay from NOSH Live Winter 2022 where Thrive Market’s James Ren and Misfits Market’s Brandie Miller discuss online grocery retail strategy and merchandising tips. Also, the NOSH team discusses what they are expecting to see at this year’s Expo East.
Expo East 2023: Pitaya, Honey Mama’s Target C-Stores; Blue Zone Debuts New Frozen Line
As the NOSH staff heads off to walk the aisles of the final Natural Products Expo East, our team offers a preview of some of the news coming from the show floor.
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General Mills: Price Hikes Improve Margins; Consumers Remain “Resilient But Cautious”
Price hikes helped General Mills drive sales past analysts’ expectations and improve margins despite consumers’ growing caution, according to the company’s Q1 2024 earnings report released today.
LesserEvil Brings in $19M, Reports 40% Bump in Valuation
Snack brand LesserEvil has closed a roughly $19 million capital raise, as it seeks to bet big on single-serve snacking and automation. Of the total raise, $13.5 million will go towards offering early investors liquidity while $5.5 million will go to the company as a primary transaction.
New Hope Ending Expo East; New Trade Event Set for 2024
Savor the nostalgia because after nearly four decades, Natural Products Expo East is on its last lap. Organizer New Hope Network confirmed in a letter to attendees yesterday that this year’s annual conference, which begins today in Philadelphia and runs through Saturday Sept 23, will be the show’s last.
Wiliot Introduces Real-Time Humidity Sensing to Its Ambient IoT Visibility Platform
Wiliot, the Internet of Things pioneer whose ambient IoT Visibility Platform is enabling trillions of “things” to gain intelligence, today announced it has achieved the breakthrough ability to sense and analyze humidity levels of individual products, in real-time, throughout the supply chain.
Circana: Rising Food Prices’ Impact On Shopping Behavior
Shoppers are continuing to struggle with how to mitigate the higher prices at grocery stores, according to Circana, with 94% of consumers are concerned with the cost of food.
CPG Experts Team Up to Launch $312M Fund Humble Growth
Today Nick Giannuzzi, founder of law firm Giannuzzi Lewendon, along with RxBar founder Peter Rahal and Orgain founder Andrew Abraham, announced the official launch of their venture firm Humble Growth, which is debuting with a first fund of $312 million.
Sir Kensington’s Co-Founder, Fidelity Unveil New Fund
In a LinkedIn post yesterday, Sir Kensington’s co-founder Scott Norton unveiled Unfold Ventures, a $300 million Fidelity-owned fund “dedicated to backing the next generation of breakthrough consumer companies”
Whiz Kid: Toodaloo CEO Joins Wiz Khalifa to Launch MISTERCAP’s
The rapper Wiz Khalifa, Philippe Chetrit, CEO of adaptogenic-enhanced snack brand Toodaloo; and the co-founders of Khalifa Kush, Tim Hunkele and DJ Saul, have joined together to launch MISTERCAP’s, a new line of mushroom-based products.