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

In this week’s roundup: Banza commits to transition chickpea acres to regenerative; SFA predicts upcoming 2023 trends; 12 Tides wants to give consumer kelp tattoos and Lotus Foods founders release a cookbook.

If you haven’t had a chance to submit your nominations for NOSH’s Best Of 2022 Awards, you’re in luck. We’ve extended the deadline to Friday, November 4.

On this week’s show, The NOSH team discuss the latest news surrounding the Kroger/Albertsons merger, takes a dive deep into some sea-faring food trends and examines the current fundraising climate with Food and Beverage Investor Database (FABID) founder Ryan Williams.

A group of state attorneys general (AG) are challenging the impending, initial transaction outlined in the Kroger/Albertsons merger agreement – a dividend cash payment totaling nearly $4 billion.

In response to ever-increasing prices, consumers are adapting to the evolving economy by modifying both their everyday and holiday grocery habits.

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.