News
Food and beverage industry news.
CPG Week: Why Danone Is Suing Chobani Again. Plus, Beyond Drops The ‘Meat’
The CPG Week podcast covers lawsuits against Chobani and Uncle Nearest Whiskey as well as Beyond’s name-change.
Amylu Foods Cooks Up Growth With New Investment
Amylu Foods has secured an investment from TowerBrook Capital Partners and Prelude Growth Partners that will support continued retail expansion.
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Beyond Meat Trims Workforce, Names Transformation Chief as Losses Mount
While reporting a bleak second quarter on Wednesday, Beyond Meat announced plans to shrink its North America workforce by 6%.
Laird: Growth Trajectory Continues, Wholesale Biz Expands
Laird Superfood has made progress toward its goal of achieving “sustainable profitability,” continuing a growth trend in its Q2 earnings as it prioritizes its wholesale segment.
Distribution: Nightingale Flocks to More Whole Foods, Yo Mama’s Lands In Costco
Recent distribution moves include Nightingale Ice Cream Sandwiches expansion into more Whole Foods regions, Yo Mama’s in-store debut at Costco, Doughlicious’ new partnership with Wegmans, and more.
People Moves: Holly Long Departs Whole Foods Market, Heads to SFA
After nearly 22 years at Whole Foods Market, Holly Long is entering a new chapter as Director of Community Engagement at SFA.
Is There A CPG Manufacturing Gold Rush Building? It’s Complicated.
While investment in food manufacturing appears to be growing, conflicting data and industry analysis reflect a more complex story.
Danone Is Trying To Buy Lifeway, Again
The clock is ticking on a potential acquisition by Danone of kefir category leader Lifeway, as the French dairy giant is pressuring company leadership to again discuss a deal that has already been attempted twice in the past year.
Prelude Growth Partners Closes $600 Million Fund III
Prelude Growth Partners closed its third fund with $600 million in total commitments, bringing its total assets under management to $1.3 billion.
Premier Protein Powers BellRing in Q2, Though Outlook Narrows
Premier Protein’s stronger-than-expected ecommerce performance helped drive growth at BellRing Brands in Q2, as net sales increased 6% to over $540 million, according to an earnings statement from the company released Tuesday morning.