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Food and beverage industry news.
IRI: Recession Could Give Opportunity to Private Label Brands
Market research group IRI explained Wednesday in a presentation titled “Consumer Demand for Private Brands” that a tougher economic climate could provide a boon to retailers hoping to expand their private label footprint as shoppers become more cost-conscious.
Kroger/Albertsons: CEO’s Face Merger Opposition In Senate
The CEOs of Kroger and Albertsons Companies faced intense criticism from the Senate Judiciary Antitrust Subcommittee during a hearing yesterday regarding their proposed merger.
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NOSH Podcast: NOSH LIVE Winter 2022 Begins Tomorrow
NOSH Live Winter 2022 kicks off in Santa Monica tomorrow with a lineup of CPG experts ready to discuss the current state of the natural food industry, supply chains, retail evolution, creator-based brands and more. We hope you will join us in-person or if you couldn’t make the trip, tune in to the Livestream!
Plum Organics Rebrand Highlights Transparency
Organic kids food brand Plum Organics has fully redesigned its packaging across its entire portfolio that graphically represents the different products’ offerings.
Hain Celestial Names Wendy Davidson As New CEO
Hain Celestial president and CEO, Mark Schiller will hand off both roles to Wendy Davidson at the end of the year and transition to a non-executive director on the company’s Board at the beginning of 2023.
PINATA Raises $10M To Expand Front-Line Workforce Optimization
Task management software company PINATA has raised $10 million to help address front-line worker optimization as its customers prepare for a recession to “connect the C Suite to the street.”
Maine Crisp Debuts New Packaging, New Facility in Response to National Growth
Artisanal snack manufacturer Maine Crisp debuted new packaging at the grand opening of its production and retail facility in Winslow, ME, in October.
Must Love Sees Growth Opportunity On Center-Store Shelves
Plant-based ice cream maker Must Love is looking beyond the freezer with the launch of its new cookie line, a product it believes will be its “bridge to conventional consumers.”
FDA Sends Warning Letters to CBD Food and Beverage Companies
The U.S. Food and Drug Administration (FDA) appears to be cracking down on CBD food and beverage brands as the federal agency sent warning letters last week to five companies selling infused products. In a statement published online yesterday, the agency said letters were sent to Mood33 manufacturer 11-11-11 Brands; candy and coffee maker Naturally… Read more »
Taste Radio: $35K To $35 Million In 3.5 Years. This Is The Story Of Bachan’s.
Justin Gill, the founder and CEO of Japanese barbecue sauce brand Bachan’s, spoke about how the brand’s rapid start was fueled by six years of preparation and planning prior to its debut, the intentionality of Bachan’s label and package design, why he considers high quality ingredients as key to creating consumer loyalty and his thoughtful approach to demand planning.