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

Another B&G Foods brand has left the stable. The New Jersey-based conglomerate announced the sale of the Le Sueur brand of premium canned sweet peas, green beans and carrots to McCall Farms, Inc. as part of its ongoing portfolio restructuring.

Doughlicious has raised a $5 million round to begin manufacturing its Frozen Cookie Dough and Gelato Bites in the U.S.

In this week’s notable new products roundup, Like Air introduces its first-ever product collaboration, Mott’s ventures deeper into the snack pouch set, and Deep Indian Kitchen expands its Kati Street Wrap line.

This week, Sprouts posted a Q2 net sales gain of 17% YoY this week as comparable store sales growth clocked in at 10.2%.

TreeHouse Foods posted a net sales increase of 1.2% to $798 million in the second quarter as operational improvements helped lift margins.

Whole Foods Market and nonprofit Mad Agriculture are working with CPGs on a new biodiversity highway initiative that aims to reconstruct native ecosystems across American farmland.

On the CPG Week podcast, Nosh managing editor Monica Watrous and senior reporter Lukas Southard discuss Keurig Dr Pepper’s acquisition of Dyla Brands, the legal drama surrounding veteran-owned Black Rifle Coffee Company, and formation of a new collective advocating for higher standards across the food system, and the challenges and triumphs of dehydrated fruit company BranchOut Food.

Beyond Meat, one of the most recognizable players in plant-based protein, is ditching the second half of its name to reframe itself from a meat alternative to a protein business.

Kraft Heinz didn’t dive into rumors on today’s earnings call that it may be the latest food conglomerate to divide up and sell off certain business segments, but it did make an effort to reassert its confidence in the company’s future.

The Hershey Company reported Q2 net sales growth, while net income and adjusted EPS both declined amid a “volatile” cocoa pricing market.

Benford Capital Partners-owned Turri’s Italian Foods has acquired Joseph’s Gourmet Pasta from LaSalle Capital in a deal announced on Tuesday.

Rising sales in Europe helped offset weak domestic demand for Mondelēz International’s chocolate and biscuit products during the second quarter.

Known for its craft beef jerky, Righteous Felon has spent the last few years reallocating resources toward its meat stick offerings, with sales rapidly growing as a result.

Famed New York City bakery brand Baked By Melissa is no stranger to unconventional collaborations. The cupcake maker’s mash-up with Frito-Lay brand SunChips is just the latest in a series of partnerships with popular savory brands.