Food Industry News, Insights, and Education for the CPG Community

Mondelēz posted “solid top-line” results in Q1 2024 with net revenue up 1.4% and organic net growing 4.2%; however the multinational chocolate, candy and snack producer saw volume/mix decline 2.1%.

The country’s largest grocery retailer is setting up to capitalize on consumers’ growing affinity for private label offerings amid continued, heightened food prices. Walmart debuted its new store brand, bettergoods, today with over 300 unique products.

Banking on the success of low-dose beverages, the cannabis edibles category is circumventing the regulated market and expanding into hemp-derived THC to reach new consumers in regions where adult-use dispensaries are not accessible.

The Simply Good Foods Company announced today it will acquire Only What You Need (OWYN) for $280 million in a cash transaction.

Get ready for our May Community Calls! This month, learn what to do when a key account disappears, how to leverage NCG to amplify sales and distribution, find advisors and assemble a board, curate a winning portfolio with customer feedback, and get on shelf at Sprouts. Our May calls are free and open to the public – just register in advance and mark your calendar.

The CPG industry has taken many approaches to reducing packaging waste. Circular models have emerged as an idealistic solution for one simple reason: there’s no waste created.

With our new self-service press release portal, you can get your press release / news posted more quickly with increased control over formatting AND the ability to make changes after publishing.

An important source of working capital for early stage food and beverage entrepreneurs is in turmoil as fintech consumer brand lender Ampla and its investors have spent the last several weeks fighting off collapse.

When Outfox Hospitality abruptly shuttered its doors earlier this week, it left a lot of CPG brands caught in the fray, including many emerging brands and new product concepts. Many of them feel as if the industry has lost a major stepping stone account.

Have you been patiently waiting for Ace Hardware to get in the CPG game? Kinda weird, if so, but this week consider your patience rewarded.

As a supplier for all Foxtrot locations since the launch of the innovative convenience store concept, this week’s announcement of the chain’s abrupt closure was no small thing for Pod Foods.

The CPG Week team dives into the fallout from the sudden closure of Outfox Hospitality which operates the Foxtrot and Dom’s Kitchen & Market grocery chains and tries to unpack what this means for the retail environment for CPG brands.

Good Food Holdings has kicked off a bold new era for the company with its adoption of new in-store technology at all five of its banners, adding amenities like digital item tags, smart shopping carts, and apps with A.I. capabilities.

Outfox Hospitality’s former partners are waking up to a new world this morning after the company pulled the equivalent of a corporate Irish Exit yesterday by immediately shutting all 33 Foxtrot and two Dom’s stores nationwide.