Corporate
Featured Corporate Content
A Year In Food Industry Upheaval: Trump, Tariffs and Titanium Dioxide
This year will go down in the history books as one marked by an unprecedented federal focus on the food industry, sparking strategic overhauls of, and a bit of panic within, Big Food operations; a flurry of state-level action against a plethora of synthetic ingredients; and the adoption of some new acronyms – UPFs and MAHA, just to name a few.
Stockeld Dreamery Sells Assets To Bettani Farms
Stockeld Dreamery has offloaded a portion of its assets to plant-based food tech entity Bettani Farms, formerly known as Climax Foods.
Horizon Acquires Maple Hill Creamery
Horizon Family Brands has acquired organic, grass-fed dairy company Maple Hill Creamery, strengthening the company’s retail presence, which already includes a selection products under the Horizon Organics and Wallaby Organics brands.
Additional Content
Misfits Market, Imperfect Foods Layoff 20% of Company
Weeks after closing its acquisition of online retailer Imperfect Foods, “ugly” food marketplace Misfits Market laid off over 80 employees last week as it moves to streamline operations.
News Roundup: Carrot Cracker Business Closes Down; Campbell’s Soup Sales Surge
In this week’s roundup: Upcycled cracker brand Seconds closes up shop, Campbell’s raises FY guidance as soup sales heat up, Second Nature Brands acquires Brownie Brittle and Vital Proteins secures B Corp status.
Watch: Kroger and Albertsons CEOs Take The Stand In Senate Hearing
Senate committee members attempted to extract Kroger and Albertsons’ “side of the story” during a hearing on the $24.6 billion merger. Here are some highlights from the two and a half hour testimony.
Maine Crisp Co. Strategizes Growth As Buckwheat Bakery Brand
Snack manufacturer Maine Crisp Company is eying new baked goods categories as it seeks to scale with the support of a new production facility, distribution gains, updated packaging and an expanded leadership team.
Kroger/Albertsons: CEO’s Face Merger Opposition In Senate
The CEOs of Kroger and Albertsons Companies faced intense criticism from the Senate Judiciary Antitrust Subcommittee during a hearing yesterday regarding their proposed merger.
Hain Celestial Names Wendy Davidson As New CEO
Hain Celestial president and CEO, Mark Schiller will hand off both roles to Wendy Davidson at the end of the year and transition to a non-executive director on the company’s Board at the beginning of 2023.
No Evil Foods Rebuilds With Regional Strategy And Frozen Pivot
Two years after No Evil shuttered its in-house manufacturing, switched to a co-packing model and rebuilt the brand with a leaner team, the brand is once again retooling its growth strategy
Anita’s Yogurt Closes Doors Due To Rising Costs
After nearly a decade on the market, Brooklyn-based vegan yogurt brand Anita’s has closed its doors, stating it was unable to keep up with rising production costs and inflationary pressure in the wake of the pandemic.
B&G Foods “Actively Seeking” Back to Nature Buyer
B&G Foods is “actively seeking” a buyer for snack brand Back to Nature, stating on this week’s third quarter earnings report that while the brand was performing well enough, the divestment is part of a larger initiative to refocus B&G’s core portfolio and reduce debt.
Dirty Hands Conducts Layoffs As Part of Larger Restructuring
Dirty Hands, one of the CPG industry’s largest merchandising firms, laid off employees from across the company last week in a move to refocus its business on the natural channel.