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

As the company fights to reverse declining sales, General Mills has named longtime executive and current COO Dana McNabb as its next chief executive officer, succeeding outgoing CEO Jeff Harmening, effective January 1.

Despite eye-catching packaging and a solid slate of initial flavors, Takeaways can’t quite distinguish itself within a crowded market for protein-enhanced snacks.

Stride Consumer Partners has closed its second fund at $550 million, bringing its total assets under management to about $1.3 billion.

Two major international food brands are making big bets on the U.S. market this month, as Mexican dairy producer LALA and South Korean kimchi manufacturer Daesang have announced American expansion plans.

Tandem Foods is continuing to build out its production network, investing $42 million to expand its operations in the Pittsburgh area with a new cold-form bar manufacturing line.

California is creating a state-backed certification and on-pack seal for foods that qualify as non-ultraprocessed under legislation signed by Gov. Gavin Newsom this week.

It’s a hard lesson for CPG brands: the capital required for growth is rarely silent, and it often disagrees. As emerging food companies raise money and grow, the founder’s job changes. Decisions once made alone are suddenly subject to new expectations and new forms of accountability. Investors and directors enter the conversation with their own experience, priorities and fiduciary responsibilities – and they won’t always agree with the founder about what comes next.

The combination of crisp wafer, smooth pistachio cream, chocolate, and pistachio pieces delivers excellent contrast in both flavor and texture.

A nearly decade-long lawsuit accusing Hain Celestial of misleading investors about its sales practices is moving closer to resolution, with shareholders asking a federal judge to approve a $35 million settlement.

The hummus category is crowded, yet restaurant-rooted CPG newcomer Zahav Foods is already working up the ranks.

This week, we’re setting sail with Voyage Foods, getting the latest on the Non-UPF Verified program, and checking out some Cup Noodles caskets for size. Hey, what more could you ask for?

Craft snack bar and dried nuts, fruits and seeds seller South 40 Snacks has raised nearly $6 million from a group of undisclosed investors, according to a Form D filed with the SEC on August 10.

After eight years in business, Lauren Chew’s vegan, gluten-free superfood cookie brand Love + Chew is still going. But as consumer interests shift from health-forward to clean label, permissible indulgence, she has begun building a second cookie brand to meet those demands.

In this week’s new products roundup, Ferrero brings Wonka back to the confectionery set with four limited-edition treats, Cup Noodles gets into the Halloween spirit with color-changing Vampire Noodles and ALOHA puts a protein-forward spin on the Dubai chocolate trend with a Chocolate Pistachio bar.