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

Ice cream maker Ample Hills is temporarily closing in a last-ditch attempt to secure critical financing to continue operations, the company stated in a letter posted to its website on Monday.

Rainforest Distribution has opened a warehouse in South Easton, Massachusetts, expanding its services beyond its home base of New York into New England, according to information posted online.

Several job postings indicate that direct-to-consumer frozen meal company Daily Harvest will enter brick-and-mortar retail.

General Mills posted strong top line and bottom line numbers in its Q2 FY2023 earnings report, despite “ongoing volatility” in the operating environment.

Good Karma Foods has named Mike Murray as its new CEO as the plant-based dairy alternative producer prepares to close a new financing round led by Valor Siren Ventures (VSV) and Loft Growth Partners. Murray arrives at the Boulder, Colorado-based brand from protein solutions company Teton Waters Ranch where he had served as CEO since… Read more »

Their flagship products have a suggested retail price that is nearly double those of legacy and competing brands. And, yet, Serenity Kids is outpacing them all. In this episode, founders Serenity and Joe Carr spoke about why maintaining a premium price point is key to the brand’s value proposition, their thoughtful sourcing and operations strategies, how they developed a sophisticated understanding of the packaged food industry and their rigorous hiring process.

Cometeer, the Massachusetts-based maker of flash-frozen coffee pods, laid off a number of employees across departments last week in a move sources described as an attempt to cut costs. The innovation-focused startup, founded in 2015 by CEO Matt Roberts and CTO Douglas Hoon, had grown to over 100 employees this year, following a $35 million… Read more »

Mars has purchased whole-fruit snack maker Trü Frü in a deal aimed at helping the strategic continue to build out its presence in the snacking aisle.

Washington State’s Supreme Court extended the block on Albertsons’ $4 billion special dividend payment to shareholders late last week by granting the state attorney general’s (AG)’s request for emergency injunctive relief.

In this week’s roundup: Ynsect explores synergies with flour ingredient processor Ardent Mills; Blue Apron provides update on funding issues, Mad Capital raises $4M for regenerative ag fund and FDA amends yogurt standard of identity.

In this week’s roundup of new products, Van Leeuwen pays homage to Netflix’s newly released movie Glass Onion and TiNDLE brings plant-based chicken tenders to foodservice.

Back to Nature has traded hands, with BA Brussels, LLC, a subsidiary of Barilla America, acquiring the snack brand from B&G Foods as part of a larger strategy to diversify its U.S. portfolio.

The vegan cheese market has aged; enough so that conventional dairy cheese makers are looking to the category as an opportunity to innovate. But can these products help solidify the category’s long term growth?

Private equity firm Bansk Group today announced its majority acquisition of frozen food brand Red’s All Natural.