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

In this roundup: Blue Apron activates subscription-free Amazon store; Tom’s Perfect 10 secures shelf space at Foxtrot; Cometeer inks a deal for second retail partnership, SorBabes expands with novelty bars and more.

Kraft-Heinz reported $6.5 billion in sales and $1.84 billion in profits for its Q3 2022 earnings report, continuing to equalize margins and focusing on channel market share as it rides the economy’s recent volatility.

Upcycled Foods, Inc. is moving away from packaged goods by expanding its portfolio with five ingredients as it shifts to a business-to-business model in the upcycled food industry.

Buddha Brands aims to drive growth through its omni-channel distribution strategy with the support of a recent $5.25 million funding round led by the Quebec-based investment fund Fondaction.

Build a reputation online. Scale in stores. Even if it’s not the official playbook for omnichannel brands, it’s one that is fast becoming a core strategy. NOSH Live will feature a presentation from a leading practitioner of the art of moving omnichannel brands into brick and mortar retail locations when Kirsten Hogan, co-founder of Sana Sano Growth and Innovation Partners takes the stage.

Forward Foods LLC, parent company to bar brands Overnight Oats and Detour, will undergo a public foreclosure and sell all assets of the two brands at auction tomorrow.

It’s time to start revealing the players in the 13th installment of the NOSH Live Pitch Slam. The first two players in the competition are chilled oat bar maker Mooski and snack dipper brand Sunnie.

This week, the NOSH team host a panel of CPG experts to talk about the implications Kroger’s intent to acquire Albertsons and create the largest supermarket chain in the country.

Frozen Chinese food brand Xiao Chi Jie (XCJ) announced it closed a $10 million funding round to expand the accessibility of its CPG Chinese food line with the end-goal of building a generational, omni-channel Chinese food brand.

One week after Kroger’s proposed $24.6 billion deal to merge with Albertsons, opposition is growing amid antitrust concerns from stakeholders and government officials.

In this week’s roundup: Whole Foods predicts sustainability to be a consistent theme among 2023 food trends; Ingredion announces a partnership with HowGood; Wicked Kitchen opens a fully plant-based concession stand and more.

After today, early registration pricing expires for NOSH Live Winter 2022, taking place on December 1 + 2 in Santa Monica, CA. This is your last chance to save $100 per registration.

From sourdough crisps to apple cider balsamic vinegar to banana bread latte powders, this week’s new food innovations cover a wide array of categories. Check out this gallery for notable new items including a collaboration between Chubby Snacks and tbh and holiday-inspired releases from SkinnyPop and Blue Diamond.  

Brainiac Foods is bringing cognitive-health awareness to every generation of the family unit through an expanded portfolio of snacking products as well as a new line of daily supplements set to launch in CVS next month.