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
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.
TBH Adds to Exec Team with New Co-CEO, Will Launch Single-Serve & New Products
Low-sugar dessert spread TBH has announced co-founder Ba Minuzzi will step into the role of co-CEO alongside existing CEO Elana Guberman.
Stryve Founder Departs Meat Snack Company as It Considers Move Into Pets
Joe Oblas, has departed Stryve Foods, the meat snacks company he co-founded in 2017. According to Oblas and trademark filings, the company will be adding new products in the pet food category.
Laird Superfood to Shut Down Oregon Production Plant
Laird Superfood is shutting down its Sisters, Oregon production and fulfillment facility and laying off all workers at the end of this year, the company announced this week.
Exclusive: Radi to Run Sweet Loren’s as President, Will Grow Beyond Cookie Dough
CPG executive Doug Radi is headed to cookie dough company Sweet Loren’s to serve as its president, a newly created role in which he will oversee all departments and report directly to founder and CEO Loren Brill.
Report: Impossible Foods To Cut Around 6% of Workforce
Impossible Foods has laid off around 6% of its 800-person workforce under a structural reorganization led by CEO Peter McGuinness, according to media reports.
News Roundup: Great Foods Research And Advisory Platform Launches; Planterra Closes
In this week’s roundup: Ecommerce platform GTFO It’s Vegan launches new research and advisory platform; JBS shutters Planterra brand OZO; Daily Harvest supports Latino farmers with regenerative ag grant program; and Yolélé launches fonio beer.