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

TerraMar Capital-backed Lolli & Pops announced today it has acquired fellow Denver, Colo.-based candy producer Hammond’s Candies for an undisclosed sum. According to the announcement, the transaction marks a significant milestone in Lolli & Pops’ growth strategy that has been underway since it was purchased by TerraMar in 2020.

In this week’s notable new products roundup, Burlap & Barrel partners with Martha Stewart to launch a new spice blend, Dippin’ Dots ventures into the grocery space for the first time and Little Sesame introduces a new hummus product designed for kids.

Tensions are rising between Ben & Jerry’s and its parent company, Unilever. The mission-driven ice cream maker filed a breach-of-contract lawsuit claiming it has repeatedly blocked the brand’s attempts to take a public stance on the war in Gaza.

GLP-1 adopters are shifting to a younger and more affluent crowd which has implications for how grocery dollars are spent, according to a webinar hosted by data analytics firm Numerator, in partnership with Morgan Stanley.

Stryve Foods achieved continued revenue growth and improved gross margins, along with reduced operating expenses, in the third quarter.

In this episode: On CPG Week, the podcast team talks about the impact of Hurricane Helene on North Carolina CPG businesses and a slate of small brands shutting down. Nosh managing editor Monica Watrous and senior reporter Lukas Southard are joined by reporter Adrianne DeLuca this week in a conversation that begins with a look… Read more »

After spending the past three years drumming up interest online for high-protein, plant-based pantry staples, The Kaizen Food Company is now eyeing an expansion deeper into physical retail with a packaging update and expansion into value-added items.

Grocery delivery giant Instacart posted strong growth in Q3 as deepened integrations with its partner retailers “strengthened [its] entire ecosystem,” according to the company’s latest shareholder letter released yesterday.

Canadian kids refrigerated bar startup Happy Wolf is expanding its retail presence in the U.S. with a new launch in Whole Foods Market stores up and down the East Coast, the Midwest and the Southwest. The new partnership brings the brand’s total nationwide door count from 120 to 450.

Lakeview Farms, a producer of refrigerated desserts, dips and specialty food, announced it has entered into a definitive agreement to acquire Australian-style yogurt brand noosa from Campbell Soup Company.

TreeHouse Foods posted a net sales decline of 2.8% to $839.1 million and pared down its full-year 2024 forecast as the manufacturer attempts to recapture the opportunity in private-label.

Force Brands has released its 2025 Consumer Brands Salary & Market Trends report, offering an inside look at average compensations for coveted food and beverage roles. Here are the highlights.

The Hershey Company acquired candy brand Sour Strips late last week, only one day after posting less-than-stellar earnings that were weighed down by high cocoa prices and pressures across all business segments.

Flowers Foods posted solid Q3 performance despite reporting a net sales decrease of 0.7% to $1.19 billion as positive pricing more than offset volume declines.