Top Feature
FreshDirect Raises $189 Million To Expand Reach
Today, grocery delivery service FreshDirect announced it had closed a $189 million round led by J.P. Morgan Asset Management on behalf of its PEG Digital Growth Fund II L.P. Also investing in the round was second-time investor W Capital and AARP’s Innovation Fund.
Madecasse Highlights Madagascar Roots with New Brand Ambassador Program
To highlight its deep ties to Madagascar, Madecasse chocolate has launched an innovative new sampling program staffed solely with former Madagascar Peace Corps volunteers.
With Revamp, Bobo’s Looks to Reinvent the Bar Category
Now half a year into its new leadership, Bobo’s Oat Bars is making changes, trying to bring the fresh aura of the perimeter into the decidedly center store-bound nutrition bar category. A packaging redesign and strategy to pitch Bobo’s homemade feel as part of a “freshly baked” subcategory of the bar set are central elements of the idea.
All Grown Up: Baby and Mommy Brands Acquired
Starting a company is a bit like having a child. Months of gestation, a lot of painful tooth-gnashing to get it out into the world, and then nights of sleeplessness hoping you’re doing everything right. Milkmakers and Anchor Bar Two (two brands that are still in their youth, and coincidentally catering largely to the mommy market) recently announced that they’ve moved on to the next phase of their development via acquisition.
Bueno Foods Reaches 65th Anniversary By Staying True to Itself
Companies around the country are looking to pulses, spice, and shorter ingredient lists in a quest to reach the natural shopper. But what about the brands that have been doing as much from the start? For whom this is not trendy, but part of their DNA? Bueno Foods — which is now celebrating its 65th anniversary — is one such brand.
Industry Veterans Open New Manufacturing Facility
Small food brands will get product development capabilities overseen by big-brand experts with the opening of Snackwerks, a new facility being opened up by JPG Resources.
NOSH Voices: Under Pressure, Here’s What Big CPGs Will Do
The hurt is accelerating for big CPG. Every single one of the largest eight food and beverage companies had U.S. sales declines in Q1 2016 vs. 2015. In this NOSH Voices guest post, Michael Burgmaier looks at why this decline is occurring and what big CPG brands are doing to try to reverse the trend.
Distribution Roundup: Sticky, Sweet and Chilly Additions to Retailer Shelves
The summer heat may be fading, but retailers are still hot for unique, natural products. The past few months have seen several notable additions by forward thinking retailers including Target, Safeway and Costco.
Simple Mills Expanding Baking Line Into Frostings
This week, baking mix and cracker brand Simple Mills launched two organic frostings, made with monk fruit, palm oil and coconut oil. The new line was given a sneak peak at the Summer Fancy Foods Show this past July, but is making its official debut in time for fall.
Closing $55 Million Initial Fund, BIGR Seeks to Stay True to Roots
After seeing their initial natural foods venture fund, Boulder Brands Investment Group (BIG) marginalized by its parent conglomerate’s spiral into a takeover, the fund’s three former leaders, Duane Primozich, Carole Buyers, and Bill Weiland, set to work raising a new fund, christened Boulder Investment Group Reprise, or BIGR Ventures.









