Top Feature
Cometeer: Layoffs Hits Across Departments at Flash-Frozen Coffee Brand
Cometeer, the Massachusetts-based maker of flash-frozen coffee pods, laid off a number of employees across departments last week in a move sources described as an attempt to cut costs. The innovation-focused startup, founded in 2015 by CEO Matt Roberts and CTO Douglas Hoon, had grown to over 100 employees this year, following a $35 million… Read more »
Mars Agrees To Buy Snack Brand Trü Frü
Mars has purchased whole-fruit snack maker Trü Frü in a deal aimed at helping the strategic continue to build out its presence in the snacking aisle.
Court Blocks Albertsons’ $4B Special Dividend Payment To Shareholders
Washington State’s Supreme Court extended the block on Albertsons’ $4 billion special dividend payment to shareholders late last week by granting the state attorney general’s (AG)’s request for emergency injunctive relief.
News Roundup: Ynsect Expands U.S. Capabilities; Blue Apron Provides Funding Update
In this week’s roundup: Ynsect explores synergies with flour ingredient processor Ardent Mills; Blue Apron provides update on funding issues, Mad Capital raises $4M for regenerative ag fund and FDA amends yogurt standard of identity.
Notable New Products: Glass Onion Ice Cream & TiNDLE Tenders
In this week’s roundup of new products, Van Leeuwen pays homage to Netflix’s newly released movie Glass Onion and TiNDLE brings plant-based chicken tenders to foodservice.
Back to Nature Sold to Barilla America
Back to Nature has traded hands, with BA Brussels, LLC, a subsidiary of Barilla America, acquiring the snack brand from B&G Foods as part of a larger strategy to diversify its U.S. portfolio.
Conventional Dairy Leaders Go Vegan, Animal-Free With New And Established Brands
The vegan cheese market has aged; enough so that conventional dairy cheese makers are looking to the category as an opportunity to innovate. But can these products help solidify the category’s long term growth?
Frozen Food Brand Red’s Sells to Bansk Group
Private equity firm Bansk Group today announced its majority acquisition of frozen food brand Red’s All Natural.
The NOSH Podcast: Brand Building Atop An Established Creator Base
On this week’s show, the NOSH team chats about the ever-growing plant-based alternatives space and the implications of the recent sale of Popchips. Later, we hear from Emma Chamberlain, online creator and founder of Chamberlain Coffee, to learn how she built the brand on her ethos of authenticity and transparency.
Good Eggs Launches First Nationwide Offering
Online retailer Good Eggs has launched a new storefront of products that can be ordered by customers nationwide, called Good Eggs Select (GES), as part of an ambitious plan to help the retailer once again expand beyond its home state of California.