Corporate
Featured Corporate Content
After $20M Raised and Whole Foods Debut, Stockeld Dreamery Shutters
Over the course of six years in business, Stockeld Dreamery raised over $20 million and recently secured a spot in Whole Foods, but this month founder and CEO Sorosh Tavakoli made the decision to close up shop.
Can Big Food Compete Among Entrepreneurs?
Legacy CPG companies are a goalpost for food industry entrepreneurs. But that dynamic may be shifting as large corporations struggle under their own weight.
NotCo Expands Beyond Plant-Based With Magnum Ice Cream Partnership
Today, The Magnum Ice Cream Company announced a new partnership with AI-driven food innovation company NotCo, marking the latter’s inaugural venture beyond its plant-based roots.
Additional Content
President Paul: Amy’s Kitchen Appoints Schiefer As New Prexy
Amy’s Kitchen is promoting longtime company executive Paul Schiefer to President, one of several personnel changes announced by the organic and natural food maker today.
Kroger/Albertsons: Stores vs Shoppers In Latest Merger Block Attempt
Opposition surrounding the proposed merger between Kroger and Albertsons continues to mount, as the leading grocery giants are fighting legal action from their own customers.
New Roundup: Blue Apron Expands DoorDash Partnership; Foxtrot Names New CEO
Blue Apron expands its Heat & Eat meals partnership with DoorDash into 11 new locations, Foxtrot Market names its new CEO and Indian foods chef Maya Kaimal has released her third cookbook.
Seal the Seasons Lays Off Employees In Pursuit Of Profitability
Seal The Seasons is one of the most recent brands to make staff cuts. As it implements additional cost cutting measures, the company expects these actions to bring the business to profitability this quarter.
Upward Farms Closes “Infinitely Complex” Vertical Farming Operation
Vertical farming company Upward Farms announced last Thursday that it would be ceasing operations at its Brooklyn headquarters and will not be opening its large-scale production facility in Pennsylvania.
Report: Good Eggs Secures Critical Capital At Significant Markdown
Good Eggs has raised a new round of capital to help the reportedly struggling online grocer, meal kit and ready-to-eat meal provider continue operating.
New Age Eats Shuts Down, Cites Financial and Regulatory Challenges
Alternative protein player New Age Eats, formerly New Age Meats, won’t be ushering in a new age of proteins under either moniker. On Friday New Age’s founder and CEO announced that the food tech startup is shutting down.
Green Zebra Grocery: Portland’s Experimental Healthy Convenience Store Chain Shuttering
Better-for-you, Portland-based convenience store concept Green Zebra Grocery is shutting down all three locations at the end of the month citing the pandemic and inflation making the cost of business too steep to continue.
Patagonia Provisions Acquires Moonshot Snacks
Climate neutral cracker brand Moonshot Snacks has been acquired by Patagonia Provisions, the food and beverage division of outdoor-centric brand Patagonia. The news marks Patagonia’s first acquisition in over twenty years.
Plant Protein Maker Merit Functional Foods Announces Receivership
Canadian pea and canola plant protein maker Merit Functional Foods has been placed in receivership with creditors filing court order Wednesday.