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

Second Nature Brands, parent company to Kar’s Nuts, Sanders Chocolates and Second Nature Snacks, is looking to ramp up its acquisition strategy over the next few years as it seeks to build a platform of better-for-you sweet and snack brands.

Former Amazon and General Mills’ executive Carla Vernón is heading to supplement, baby, beauty and cleaning supplies company The Honest Company.

As inflation continues to impact prices at the supermarket, U.S. consumers are spending less money buying groceries online, according to last month’s Brick Meets Click/Mercatus Grocery Shopping Survey.

Snack maker PeaTos announced it has secured new funding as it seeks to hit profitability in 2023. This was the third round of its Series A, dubbed A3, and was led by POST Holdings, Inc. as well as other “high profile private investors.”

Weeks after closing its acquisition of online retailer Imperfect Foods, “ugly” food marketplace Misfits Market laid off over 80 employees last week as it moves to streamline operations.

Backed by $70 million in new growth capital, plant-based food and beverage company NotCo is aiming to build a business-to-business food technology platform “that operates like Coca Cola.”

Food technology company Black Sheep Foods has closed a $12.3 million funding round helping the company scale up its foodservice-based business to new regions.

In this week’s roundup of notable new products, Chamberlain Coffee makes its first foray into the coffee pod category, San-Francisco based restaurant Flour + Water enters CPG and Ben & Jerry’s takes a cue from Hollywood for its newest ice cream innovation.

In this week’s roundup: Upcycled cracker brand Seconds closes up shop, Campbell’s raises FY guidance as soup sales heat up, Second Nature Brands acquires Brownie Brittle and Vital Proteins secures B Corp status.

On this week’s show, the NOSH team runs down NOSH Live 2022, highlighting key themes and trends threaded through the discussions with industry experts. Later, we hear from Holly Adrien, Natural and Organic Innovation and Strategy Manager at Kroger.

Coca-Cola’s North America CMO Melanie Boulden is departing the Atlanta-based conglomerate for a new role at Tyson Foods where she will serve as EVP, Chief Growth Officer. In a press release, Tyson stated Boulden will assume the newly created role on February 6 and will report directly to president and CEO Donnie King. Boulden will… Read more »

As continued inflationary headwinds and supply chain disruptions lead to ever-evolving consumer purchasing behaviors, emerging CPG brands are left to address the market.

Powered by Real Food From the Ground Up has acquired Velocity Snack Brands Opco, LLC (VSB), the owners of puffed chip company Popchips. With the acquisition, and prior launch of sister brand You Need This, the company hopes to create a better-for-you snack platform.

Senate committee members attempted to extract Kroger and Albertsons’ “side of the story” during a hearing on the $24.6 billion merger. Here are some highlights from the two and a half hour testimony.