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

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An important source of working capital for early stage food and beverage entrepreneurs is in turmoil as fintech consumer brand lender Ampla and its investors have spent the last several weeks fighting off collapse.

When Outfox Hospitality abruptly shuttered its doors earlier this week, it left a lot of CPG brands caught in the fray, including many emerging brands and new product concepts. Many of them feel as if the industry has lost a major stepping stone account.

Have you been patiently waiting for Ace Hardware to get in the CPG game? Kinda weird, if so, but this week consider your patience rewarded.

As a supplier for all Foxtrot locations since the launch of the innovative convenience store concept, this week’s announcement of the chain’s abrupt closure was no small thing for Pod Foods.

The CPG Week team dives into the fallout from the sudden closure of Outfox Hospitality which operates the Foxtrot and Dom’s Kitchen & Market grocery chains and tries to unpack what this means for the retail environment for CPG brands.

Good Food Holdings has kicked off a bold new era for the company with its adoption of new in-store technology at all five of its banners, adding amenities like digital item tags, smart shopping carts, and apps with A.I. capabilities.

Outfox Hospitality’s former partners are waking up to a new world this morning after the company pulled the equivalent of a corporate Irish Exit yesterday by immediately shutting all 33 Foxtrot and two Dom’s stores nationwide.

The latest episode of Elevator Talk features leaders from Spring & Mulberry, Sibz, Black Mamba and Kokada. Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. Our special co-host is Dayton Miller a managing partner with venture capital firm BFG Partners, who shared his thoughts, questions and feedback with the participants.

Outfox Hospitality’s future is unclear today after growing reports indicate that the company has shuttered all its Dom’s and Foxtrot stores today with potential bankruptcy looming.

Wilde Protein Chips announced today it had secured over $20 million in a round that will go towards supporting the brand’s growth trajectory with existing distribution partners.

What began as a pandemic-era home kitchen experiment has transformed into a full-blown business with 3,000 retail placements across all 50 states, all in just two years’ time. Last week, Refresh Gum doubled its SKU count with three new plant-based, sugar-free gums in Peppermint, Bubble Gum and Peach flavors.

Two months after the Federal Trade Commission (FTC) completed a review of Kroger and Albertsons’ proposed supermarket mega-merger and filed a lawsuit to block the deal, the grocery chains have added more store locations and assets to an updated version of their definitive divestiture agreement with C&S Wholesalers.

In this week’s notable new products roundup, Lindt introduces a non-dairy version of its classic chocolate truffles, GoGo Squeez targets an older crowd with electrolyte-infused fruit pouches, and Tochi heats up its line of Asian-inspired popcorn flavors.