News
Food and beverage industry news.
Kodiak Cakes CEO, President Step Down, Transition into Roles on Board of Directors
Kodiak Cakes co-founders Joel Clark and Cameron Smith announced today they are stepping down from their respective positions as CEO and president of the baking mix and snack brand.
Anita’s Yogurt Closes Doors Due To Rising Costs
After nearly a decade on the market, Brooklyn-based vegan yogurt brand Anita’s has closed its doors, stating it was unable to keep up with rising production costs and inflationary pressure in the wake of the pandemic.
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Taste Radio: Consumers Crave An Immersive Experience, And All The Details Matter. Tacombi Has Shown The Way.
Dario Wolos, the founder and CEO of fast-growing Mexican-inspired restaurant chain Tacombi and consumer brand Vista Hermosa, spoke about his vision to share Mexican culture through authentic food, hospitality and experience, how the journey of building a business has come to define who he is as an entrepreneur and a leader, and his decision to align with acclaimed restaurateur Danny Meyer.
Bel Group and Standing Ovation Form Strategic Partnership
Bel Group, a major player in healthy snacking with cheese brands such as Babybel, The Laughing Cow and Boursin, and the start-up Standing Ovation announce an exclusive partnership to incorporate casein milk protein, the main milk proteins, produced thanks to Standing Ovation’s technology, in Bel’s alternative cheese offerings. In September, Bel acquired an equity stake in Standing Ovation.
GoodSAM Foods Announces Nationwide Rollout of Products at Sprouts Farmers Market
GoodSAM Foods, a healthy snack food brand with a commitment to sustainability and regenerative agriculture, announced their upcoming launch inSprouts stores nationwide.
Pow’s Adaptogenic Wonder Matcha Launches on Amazon
Pow Adaptogens has officially launched its flagship, best-selling product “Wonder Matcha” on Amazon and is available for fast and free shipping with Amazon Prime.
COP27: Leaders Look To Food, But Remain Skeptical Initiatives Will See Action
The conference turned its attention to agriculture over the weekend while climate protests ranged outside the doors. The primary grievance connecting both protesters and attendees: proposed climate action has not been not enough.
NOSH Announces Nominees for ‘Best of 2022’ Awards
The nominees for NOSH’s “Best Of 2022” Awards reflect the variety and strength within the industry both in front of and behind the scenes.
Oatly to Cut Jobs, Switch to Hybrid Production Model After Q3 Report
Oatly announced it will lay off staff and transition the business to an “asset-light” hybrid production model after reporting a net loss of $107.9 million, with revenue growth falling short of analysts’ expectations, in its Q3 earnings report today.
Distribution: Nut-free Spreads, Vegan Chicken Expand Retail Footprint
Voyage Food moves into brick and mortar, Caulipower launches frozen meals in retail and plant-based chicken companies Daring Foods and Alpha Foods expand footprint with new distribution deals.