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Food and beverage industry news.
Distribution: GoNanas, Egglife Get Whole Foods Pickup, Target Expands Tea Drops
GoNanas and egglife find nationwide distribution at Whole Foods while Just Date and Red’s make it onto Sprouts Farmers Market shelves. Tea Drops expands its at-home boba and latte kit partnership with Target adding 1,000 stores.
Slow Rise: Why A Steady Pace is Pinsa Love’s First Priority
The frozen pizza set is about to welcome a new style of premium pies. Pinsa Love is heading to the frozen aisle of 120 Giant stores this month after quietly scaling in the Washington D.C-area over the past two years.
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Notable New Products: Justin’s Snack Mix & Klatch Limited Edition Varietal Coffee
In this week’s New Products Roundup, Momofuku step back into noodles, Harvest Snaps gets spicy and Justin’s hits the trail with a nut mix.
Boxed Bought From Bankruptcy by Distributor
Boxed.com is getting a second chance, with regional distributor MSG buying up the beleaguered online bulk food and household goods provider, the company announced today.
“First Family of TikTok” the D’Amelios Launching Be Happy Snacks
Armed with a new investment from Fifth Growth Fund (FGF), social media stars the D’Amelios are hoping that their 200 million TikTok followers follow them into CPG with the launch of Be Happy Snacks this fall.
NOSH Podcast: For Better Or Worse, Treat Investment Like A Marriage
On this week’s NOSH podcast, the team discuss the recent acquisition of Sovos Brands by Campbells and a discussion with two NOSH Notable “Backers” on the current environment for CPG food investment.
Hacking Hostess: Can The Better Bakehouse Redefine Donuts?
It’s been a two-year wait, but better-for-you baked goods company the Better Bakehouse recently debuted its first brand, Donutful, exclusively at select Wegmans stores. While the concept of creating a cleaned up circular sweet may sound pretty uncomplicated, getting the business off the ground and the donuts on-shelf was not a piece of cake.
Heading South: ALDI to Acquire Winn-Dixie, Harveys stores (Updated)
Grocery chain consolidation continues: ALDI has announced today it is acquiring Southeastern stores Winn-Dixie and Harveys from Southeastern Grocers (SEG).
Kraft Heinz Announces CEO Transition As Corporate Remodeling Continues
Kraft Heinz’s executive suite is set for a changing of the guard in 2024, as the company announced today that Carlos Abrams-Rivera, its EVP and president of the North America Zone, will take over as CEO.
Six Questions with Next In Natural Founder and CEO Jeff Lichtenstein
From his role as the previous owner of sales advisory firm and distributor Gourmet Guru, which was sold to UNFI in 2016, to his current position as founder and CEO of investment firm and advisor Next In Natural (NeNa), Jeff Lichtenstein has extensive experience in the natural and specialty retail space.