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

Kellogg Co. chairman and CEO Steven Cahillane told investors and analysts during an earnings call today that the company had reassessed its outlook on its Morningstar Farms brand.

Online food marketplace Flashfood has brought on former GIANT Company president Nicholas Bertram as president and COO.

When Rishi Tea & Botanicals founder Josh Kaiser launched his business as a 24-year-old fresh out of college in 1997, he was used to being the youngest one in the room.

The FDA has requested further answers from The J.M. Smucker Company about the company’s food safety response in the wake of a Salmonella outbreak that led to a Jif brand peanut butter recall in May 2022.

Egg & dairy company Vital Farms today announced the hiring of Thilo Wrede as CFO. Wrede will succeed the company’s current CFO, Bo Meissener, in March who has held the position since December 2020.

In this People Moves: Awakened Foods CEO steps down, Organic Valley names new CEO, Jenny Craig gets a new Executive Chef, Country Archer fills VP of marketing role, and more.

The Hain Celestial Group bested analysts’ expectations in its Q2 earnings report today, as the company saw net sales decline just -4.8% while growing its snack business and expanding distribution.

Global food and ingredient manufacturer Kerry Inc. has agreed to pay a $19.2 million fine after pleading guilty to a charge of manufacturing breakfast cereal under unsanitary conditions at an Illinois facility linked to a 2018 salmonella outbreak, the U.S. Department of Justice announced Friday.

In this week’s news roundup, actress Anne Hathaway has invested in food tech company The EVERY Co., Brazilian frozen foods brand Brazi Bites has named La Porteña Foods as the winner of its first Latino Entrepreneur Accelerator Program, and The Hershey Company reports Q4 and FY 2022 earnings.

Hungry for growth, kids beverage maker good2grow has announced its expansion into food with the launch of Snackers baked oat and wheat crackers.

In this week’s new products roundup, Biena expands its snack lineup, Scott’s Protein Balls celebrates American Heart Month and Haagen Dazs unveils an innovation in the novelty set.

Cambridge, Mass-based Formaggio Kitchen has been providing specialty and imported goods to the Boston area since 1978. As the store expanded beyond its flagship location it has also brought a range of new products and categories into its mix. When the original owners retired last year, they sold the business to long-time employee and general manager, Julia Hallman.

Frozen Chinese food maker Xiao Chi Jie received a capital infusion of $21 million just over three months after the company had announced a previous raise of $10 million.

This week the team dishes out some hot takes on condiments and give an update on some recent divestments and sales resulting from supply chain struggles. Later, we hear from Adam Spriggs, founder of The Angel Group.