News
Food and beverage industry news.
Report: E-Grocery Sales Down 10% YOY
As inflation continues to impact prices at the supermarket, U.S. consumers are spending less money buying groceries online, according to last month’s Brick Meets Click/Mercatus Grocery Shopping Survey.
Peatos Closes Funding Round To Pursue 2023 Profitability Goal
Snack maker PeaTos announced it has secured new funding as it seeks to hit profitability in 2023. This was the third round of its Series A, dubbed A3, and was led by POST Holdings, Inc. as well as other “high profile private investors.”
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Misfits Market, Imperfect Foods Layoff 20% of Company
Weeks after closing its acquisition of online retailer Imperfect Foods, “ugly” food marketplace Misfits Market laid off over 80 employees last week as it moves to streamline operations.
NotCo Raises $70M To Build B2B Business And “Operate Like Coca Cola”
Backed by $70 million in new growth capital, plant-based food and beverage company NotCo is aiming to build a business-to-business food technology platform “that operates like Coca Cola.”
Black Sheep Foods Closes $12.3M, Fuels Foodservice Approach To Plant-Based Lamb
Food technology company Black Sheep Foods has closed a $12.3 million funding round helping the company scale up its foodservice-based business to new regions.
Notable New Products: Chamberlain Coffee Pods & Hollywood-Inspired Ice Cream
In this week’s roundup of notable new products, Chamberlain Coffee makes its first foray into the coffee pod category, San-Francisco based restaurant Flour + Water enters CPG and Ben & Jerry’s takes a cue from Hollywood for its newest ice cream innovation.
News Roundup: Carrot Cracker Business Closes Down; Campbell’s Soup Sales Surge
In this week’s roundup: Upcycled cracker brand Seconds closes up shop, Campbell’s raises FY guidance as soup sales heat up, Second Nature Brands acquires Brownie Brittle and Vital Proteins secures B Corp status.
The NOSH Podcast: How To Get On Kroger Shelves, And Stay There.
On this week’s show, the NOSH team runs down NOSH Live 2022, highlighting key themes and trends threaded through the discussions with industry experts. Later, we hear from Holly Adrien, Natural and Organic Innovation and Strategy Manager at Kroger.
Coke CMO Melanie Boulden Moves to Tyson Foods
Coca-Cola’s North America CMO Melanie Boulden is departing the Atlanta-based conglomerate for a new role at Tyson Foods where she will serve as EVP, Chief Growth Officer. In a press release, Tyson stated Boulden will assume the newly created role on February 6 and will report directly to president and CEO Donnie King. Boulden will… Read more »
San Francisco Restaurant Flour + Water Debuts Flour + Water Foods
Flour + Water in San Francisco announces the debut of Flour + Water Foods, a Modern American pasta company born out of the award-winning restaurant known for blending Italian tradition with Northern California influences.