Food Industry News, Insights, and Education for the CPG Community
COP27: Climate Change Fight Turns Focus To Food
Transitioning to regenerative agriculture, utilizing upcycled food streams, adopting plant-based lifestyles and, of course, reducing carbon footprints, are set to play key roles in current global conversations around climate change.
TBH Adds to Exec Team with New Co-CEO, Will Launch Single-Serve & New Products
Low-sugar dessert spread TBH has announced co-founder Ba Minuzzi will step into the role of co-CEO alongside existing CEO Elana Guberman.
Maple Leaf Foods Faces System Outage Following Cyberattack
Ontario-based meat and plant-based foods producer Maple Leaf Foods has suffered a system outage due to a “cybersecurity incident,” the company announced Sunday. In a press release, the company – Canada’s largest meat and poultry producer – said it “took immediate action and engaged cybersecurity and recovery experts” to restore the system, but noted it… Read more »
NOSH Live: Sprinkles’ Candace Nelson to Give Double Helping of Advice to Entrepreneurs
Fresh off the release of her new book, Sweet Success – A Simple Manual for Turning Your Passion into Profit, Candace Nelson, the founder of Sprinkles, a signature national cupcake bakery chain with 40+ store and cupcake ATM locations, a noted investor, author, baking show judge, and advocate for entrepreneurs will inspire and inform the audience at NOSH Live Winter 2022.
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Notable New Products: Fruit Juice Gels & Caramelized Turkey Ice Cream
This week’s roundup of new products saw brands kicking off the winter holiday season early with peppermint-flavored seasonal offerings , tipping the Scoville scale with new hot sauces and creating better-for-you chocolate truffles.
News Roundup: CPG Giants Take Action Through Sustainable Market Initiative; New Culture Secures Investment
In this week’s roundup: CPG execs take action on regenerative ag, New Culture names new investment partner, celebrity chef Kai Chase launches new spice platform and Impossible’s patent holds up amid fight with Motif.
Chamberlain Coffee Names Liz Ahern as CMO
Amid continued efforts to ramp up its omnichannel growth, Los Angeles-based specialty coffee brand Chamberlain Coffee has named Liz Ahern as chief marketing officer, where she will be tasked with overseeing brand strategy, distribution expansion and integrated campaign planning and execution across all marketing touchpoints.
Albertsons Dividend Payment Restrained Amid State AGs Litigation
Albertsons is working to overturn a temporary restraining order (TRO) “as quickly as possible,” in order to unshackle its ability to divvy up $4 million in special cash dividend payments to shareholders, previously set to be paid on Monday, November 7.
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NOSH Live Winter 2022: Lessons in Building, Growing and Evolving Your Community with Whole30
Don’t call Whole30 a diet. It’s a lifestyle or, as the brand calls it, a “self-experiment.” It’s this mindset that has enabled the 13-year-old Whole30 plan to continue to attract new devotees as well as retain existing members while other diets have waxed and waned. At NOSH Live Winter 2022 on December 1 and 2… Read more »
NOSH Podcast: Community-Supported Banking For A Better Food System
On this week’s show, the NOSH team discuss creators embracing the CPG industry and Charley Cummings, founder and CEO of Walden Mutual talks about the company’s plans for creating a digital bank that can be “means to an end” for a more sustainable, locally-focused food system.
Stryve Founder Departs Meat Snack Company as It Considers Move Into Pets
Joe Oblas, has departed Stryve Foods, the meat snacks company he co-founded in 2017. According to Oblas and trademark filings, the company will be adding new products in the pet food category.
Kellogg’s: Guidance Raised, Snack Sales Flourish
The Kellogg Company reported Thursday morning $4.1 billion in organic net sales and raised its full-year 2022 guidance on the back of its strong snack category growth during its third quarter earnings report.
Mondelez: Demand For Snacks, Sweets Drive Revenue Growth
Global snack giant Mondelēz International reported an 8.1% increase in net revenues during Q3, largely driven by organic revenue growth and the impact of recent acquisitions including Clif Bar and Greek snack brand portfolio Chipita.
District of Columbia, Washington AGs Sue to Stop Albertsons Payout
Attorneys general from Washington state and the District of Columbia are seeking to temporarily block a $4 billion payout to Albertsons’ shareholders on November 7, filing lawsuits this week to put a hold on the cash dividend at least until the grocery giant’s proposed merger with Kroger can be reviewed by federal regulators. Albertsons’ shareholder… Read more »