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Food and beverage industry news.
Eat Just: Layoffs Hit 18% Of Staff As It Aims For Vegan Egg Product Profitability
Plant-based food company Eat Just recently laid off about 40 of its over 300 employees, totaling 18% of its JUST Egg division. The California-based company’s cultured protein business, GOOD Meat, was not impacted.
Bowery Partners with Kayco to Distribute No-Need-to-Wash Kosher Greens
Bowery, the largest vertical farming company in the U.S., announces the launch of a partnership with Kayco, the largest distributor to Kosher retail and food service companies in North America. Five varieties of greens will now be available at hundreds of kosher supermarkets within a 200-mile radius of Bayonne, NJ.
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Westrock Acquires Bixby Coffee to Enter ‘Influencer-Led Brand Space’
Westrock Coffee Company has acquired Los Angeles-based Bixby Coffee Roasters, giving the former an opening into “the emerging influencer-led brand space” as well as further growth for its omni-channel offerings.
Seven Questions With Director of Specialty Procurement at Baldor, Emily Murphy
Baldor has supplied East Coast restaurant and retail customers with grocery items for over 30 years. Murphy walked us through the pandemic’s impact on operations and the company’s vendor and retail partners and gave us a look into what success looks like inside Baldor’s network.
Laird Superfood Debuts New Product Rebrand, New SKUs, and Brand Campaign at Expo West 2023
Laird Superfood, Inc. (NYSE American: LSF), a leader in functional coffee and creamers, known for its collection of functional real foods made from adaptogens and clean, plant-based ingredients, will debut its new packaging rebrand, new products, and its Force of Nature campaign at Natural Products Expo West.
Weeks After Announcing Pre-Sale, General Mills Discontinues Alt-Dairy Brand
General Mills has discontinued with immediate effect its animal-free cream cheese brand Bold Cultr, just weeks after expanding its distribution and opening for online pre-orders nationwide.
Study: Sweetener Erythritol May Elevate Risk for Heart Attack, Stroke
A new study in the scientific journal Nature Medicine is drawing links between popular sweetener erythritol and blood clotting, stroke, heart attack and death.
BevNET & NOSH Is Your Home For Complete Expo West 2023 Coverage
Next week, the natural CPG world will converge in Anaheim, California for the biggest annual trade show of the year, Natural Products Expo West. With over 2,000 food and beverage exhibitors and 60,000 attendees expected over the course of the four-day event, there’s a lot to take in, whether you’re there on the ground or following online. But regardless of if you’re a retailer, investor, brand or supplier, the only real ticket you’ll need to get the most out of this year’s show is a BevNET/NOSH Insider membership.
XCJ Rebrands as MiLa, Prepares Retail Rollout
After bringing in $31 million in financing over the past year, Chinese food brand Xiao Chi Jie (XCJ) is preparing for its retail debut, beginning with a new name: MiLa.
Beyond Meat: Q4 Report Lends Optimism To Future Earnings
Beyond Meat executives expressed renewed confidence that the company’s “decisive actions” to prioritize positive cash flow above growth is beginning to work even as the company announced net revenues of $79.9 million, a decrease of -20.6% from Q4 2021.