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The Checkout: Retailers Embrace Shipping, Food Trends & Tech to Improve their Bottom Line
This week our newsfeed was filled with stories of retailers trying to gain a competitive advantage — and the brands who are helping them do so.
Chloe’s Closes Star Studded Round to Fund New Innovation
Frozen novelty brand Chloe’s Fruit announced today the close of a series B round of funding. In 2019 the company plans to deviate from its current 2.5 oz. popsicle for the first time with two new offerings.
Researchers Predict 3 Shifts Influencing Food
At this year’s IFT, research firms Mintel and Innova shared data on new consumer desires and innovation areas for target age groups that food brands should keep in mind in order to see long-term success.
Bulletproof Raises $40 Million in CAVU-Led Series C
Nutritional supplement company Bulletproof 360, makers of Bulletproof Coffee and bar products, has raised $40 million to fund the company’s continued growth as an omni-channel lifestyle brand.
Brazi Bites Sells Majority Ownership, Will Build Latin-American Platform
San Francisco Equity Partners plans to use the brand as the start of a Latin-American platform.
Taste Radio Ep. 122: How Rip Van Wafels Tore Up the Playbook and Took the Tech World By Storm
In this week’s episode, we’re joined by the young, ambitious leaders of two trendsetting brands: Rip Pruisken, the co-founder and CEO of fast-growing snack company Rip Van Wafels, and Ely Key, the co-founder, president and CEO of innovative beverage maker Up Mountain Switchel.
Bundle Acquired by 1908, Expands Product Portfolio
Boulder-based 1908 brands announced today that is has acquired prenatal and lactation nutrition brand Bundle Organics. Terms of the deal were not disclosed. The deal comes as Bundle announces new products to take the company beyond teas and beverages and into other popular food categories.
A Sweetener Struggle: Polarizing Views on Sugar Alcohols Shape Bar Industry
The collision of seemingly complementary consumer preferences — the desire to cut sugar and the desire to have a “clean label” — has actually created a conundrum for nutrition bar makers, and they’re making tough strategic decisions regarding the use of sugar alcohols as a result.
How Urban Remedy Plans to Escape the Kiosk — and California
Crack the code of fresh, convenient food? Paul Coletta, CEO of fresh food and juice brand Urban Remedy, thinks he may have done it — and he’s taking radical risks in his manufacturing, distribution and retail operations in order to prove it.
UNFI to Acquire SUPERVALU for $2.9B
United Natural Foods, Inc. (UNFI) announced today that it will acquire grocery retailer and wholesaler SUPERVALU for $2.9 billion, including debt. Through this deal, the company said it expects to see combined net sales of more than $21 billion.