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

Cali’Flour Foods is heading to the auction block. According to a press release issued today, the cauliflower-based frozen food company will go to a public sale on September 8, conducted by GemCap Solutions, LLC, an asset-based lender that provides loans to low and middle market businesses.

Animal-free dairy ingredient provider Perfect Day has sold The Urgent Company, its consumer business platform, to publicly traded TRxADE, which is currently also undergoing a reverse merger with food technology and distribution company Superlatus

GoNanas and egglife find nationwide distribution at Whole Foods while Just Date and Red’s make it onto Sprouts Farmers Market shelves. Tea Drops expands its at-home boba and latte kit partnership with Target adding 1,000 stores.

The frozen pizza set is about to welcome a new style of premium pies. Pinsa Love is heading to the frozen aisle of 120 Giant stores this month after quietly scaling in the Washington D.C-area over the past two years.

In this week’s New Products Roundup, Momofuku step back into noodles, Harvest Snaps gets spicy and Justin’s hits the trail with a nut mix.

Boxed.com is getting a second chance, with regional distributor MSG buying up the beleaguered online bulk food and household goods provider, the company announced today.

Armed with a new investment from Fifth Growth Fund (FGF), social media stars the D’Amelios are hoping that their 200 million TikTok followers follow them into CPG with the launch of Be Happy Snacks this fall.

On this week’s NOSH podcast, the team discuss the recent acquisition of Sovos Brands by Campbells and a discussion with two NOSH Notable “Backers” on the current environment for CPG food investment.

It’s been a two-year wait, but better-for-you baked goods company the Better Bakehouse recently debuted its first brand, Donutful, exclusively at select Wegmans stores. While the concept of creating a cleaned up circular sweet may sound pretty uncomplicated, getting the business off the ground and the donuts on-shelf was not a piece of cake.

Grocery chain consolidation continues: ALDI has announced today it is acquiring Southeastern stores Winn-Dixie and Harveys from Southeastern Grocers (SEG).

Kraft Heinz’s executive suite is set for a changing of the guard in 2024, as the company announced today that Carlos Abrams-Rivera, its EVP and president of the North America Zone, will take over as CEO.

From his role as the previous owner of sales advisory firm and distributor Gourmet Guru, which was sold to UNFI in 2016, to his current position as founder and CEO of investment firm and advisor Next In Natural (NeNa), Jeff Lichtenstein has extensive experience in the natural and specialty retail space.

G Fuel has long focused on selling better-for-you alternatives to mainstream energy drinks through its gamer-centric branding. Now, the company is looking to trade on its authentic reputation in the gaming community by applying that same focus to snacks with its first food product: G Fuel Protein Puffs.

In this week’s notable new products roundup, Siggi’s and KIND get a head start on the fall season with pumpkin-inspired offerings, Rivalz introduces a single-serve format, and Siete debuts a line of salsas.