News
Food and beverage industry news.
Anvyl Gives Companies a Window Into Supply Chains
As CPG e-commerce grows, and new brands need to quickly scale, siloed, manual supply chains create a huge issue — one that software hub Anvyl is looking to simplify for brands and suppliers.
The Checkout: Target’s New Private Food Label, Whole30 Virtual Restaurant Launches
Target’s new private food label, Whole30 virtual restaurant launches and more in this week’s Checkout.
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Taste Radio Insider: This Company’s Founder Is Not The CEO. Here’s Why It Works Exceptionally Well.
Bobo’s founder Beryl Stafford and company CEO T.J. McIntyre spoke about their work dynamic, how they assigned responsibilities and guidelines for their respective roles, and why “the one thing that really serves as the foundational element of who we are is the actual bar.”
Protein Play: Quest Acquired for $1 Billion
The Simply Good Foods Company, a producer of nutritional foods and snacking products, announced yesterday it will acquire protein-centered brand Quest Nutrition for $1 billion in cash.
All Grown Up: Pipsnacks Debuts New Snacks, Fresh Packaging
Former Shark Tank winner Pipsnacks is growing its family of heirloom corn snacks, launching new cheese balls and corn chip dippers into retail this month. The Brooklyn-born company is also rebranding its image, pivoting away from its artisanal roots as it seeks to expand.
CBD Mix Maker OLEO Closes $1.5 Million Round
CBD-infused drink mix maker OLEO, Inc. announced today it has raised $1.5 million in a convertible note round, which will help the Seattle-based brand scale distribution for its line of products.
Smashmallow Closes Funding Round from ACG, Launches Low-Sugar Gummies
Smashmallow is ready to move beyond its marshmallow roots. The snack brand announced today the close of a minority round of funding by CPG venture firm, Alliance Consumer Growth (ACG), in part, to support the launch of a line of low-sugar gummies. It’s a move that Sebastiani said will allow the brand to begin to build a larger platform.
Taste Radio: Quality Is Always Going To Win Out. Need Proof? It’s In The Peanut Butter.
Teddie Natural Peanut Butter president/CEO Mark Hintlian explained why the company’s obsessive commitment to quality and dedication to its employees have been bedrocks of its success. He also spoke about how Teddie communicates the nutritional benefits of its products.
Hope Foods Sets Sights On Expanding the Dip Set
Guacamole and hummus producer Hope Foods believes American consumers are ready for a new kind of dip. The Colorado-based brand announced today the launch of a line of Cashew and Almond Dips, designed to offer shoppers creative, plant-based snacking options with clean ingredient lists.
Natural Food and Beverage Brands Rank on Inc. 5000
Earlier this week, Inc. released the 2019 edition of the Inc. 5000 list — a ranking of the fastest-growing privately held companies in the U.S. This year’s list featured dozens of natural food and beverage companies, showing the industry’s increasing impact on the American economy.