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Also in this issue: Paqui Sued Over One Chip Challenge⏸, Kroger/Albertsons Request FTC Delay, Stop & Shop to Close 32 Stores, Blender Bites Gets Hospitable, and Bonumose to Scale Up Tagatose.

In this week’s new products roundup, Sweet Loren’s goes savory, Fancypants Baking Co. rolls unveils its first gluten-free offering, and Baked by Melissa teams up with Claussen Pickles to create a truly unique cupcake.

Conagra Brands reported a 2.3% net sales decline as well as a 2.4% drop in organic net sales during the fourth quarter and similar results – 1.8% net sales decline and 2.1% organic net drop to $12 billion – for the full year during an earnings call this morning.

This is the first of our exclusive quarterly food and beverage industry reports from FABID. This report, which focuses on Q2 2024 food and beverage venture activity, features exclusive content created just for our BevNET and Nosh Insider audience!

The sprouted buckwheat brand landed national distribution at Whole Foods Market and Target, while expanding its foodservice business and building the country’s first certified regenerative organic supply chain for its superstar seed.

The CPG Week team talks about the new five-part Nosh Trendlines series providing insights into developments in self-manufacturing, healthspan versus lifespan marketing campaigns and the roiling seed oil debate.

Store brands are among the fastest growing segments in the grocery industry. For startups and emerging brands, that presents an immense competitive challenge.

As part of BevNET and Nosh’s exclusive data series for Insiders, we’re partnering with FABID, a data-differentiated financial services firm providing accounting, CFO, and investment banking services to companies operating in the CPG industry.

Growth equity investment firm Alliance Consumer Growth (ACG) announced today it has closed on a new, $160 million fund, the company’s fifth. The new fund brings ACG’s lifetime financing to over $1 billion in aggregate capital commitments, the firm said.

Thirty-year-old Lotus Foods has weathered plenty of challenges with minimal outside investment. But today, the regenerative and heirloom rice, noodle and ramen producer is going after growth, announcing it has raised $22.5 million.