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Elevator Talk Ep. 46: Villa di Como Ristorante, unbun Foods, Alex’s Awesome Sourdough, Senor Lechuga Hot Sauce, Resist Nutrition
Episode 46 of Elevator Talk features leaders from Villa di Como Ristorante, unbun Foods, Alex’s Awesome Sourdough, Senor Lechuga Hot Sauce and Resist Nutrition. Watch founders and CEOs introduce their brands and provide a recap of recent news and updates. Our co-host is Corey Rateau, a Senior Category Manager with Good Eggs.
Hain Celestial Fiscal Q1: More Price Bumps to Come as High Input Costs Continue
Two months after the company increased prices 6% to 10% across its product portfolio, Hain Celestial president and CEO Mark Schiller warned of additional price hikes to come during its first quarter fiscal 2021 earnings call yesterday.
Nick’s CEO on $100M Raise: ‘We Choose to Focus on Growth’
Late last month, Swedish better-for-you snacking and ice cream brand Nick’s announced it had raised $100 million. Speaking to NOSH about the raise, Carlos Altschul, Nick’s USA CEO, said the funding will allow the company to take advantage of its current momentum and accelerate its rapid global growth.
Blue Apron Q3: Meal Kit Maker to Increase Marketing Spend After Capital Raise
On Blue Apron’s third quarter earnings call today, CEO Linda Findley said the meal kit maker experienced a return to more “normal” pre-pandemic conditions during the third quarter and is now aiming to up its marketing spend to attract more customers following a capital raise closed last week.
Post-Drizly Spinoff, Lantern Elevates Prez Mahoney to CEO
After finding its own path, Lantern now has its new guide. Last week, the Boston-based cannabis delivery platform announced the promotion of its president, Meredith Mahoney, to co-founder and CEO.
Eat Well Group Acquires Majority Stake in Baby Food Brand Amara
Canadian publicly traded investment company Eat Well Investment Group has secured a majority stake in PataFoods, maker of baby food brand Amara Organic Foods, as part of the brand’s $12 million Series A funding round.
Real Good Foods Goes Public, Sees Future in Entrees and Breakfast
On Friday frozen food brand The Real Good Food Company (TRGFC) began trading on the Nasdaq. The company’s plans for growth include increasing its distribution, continuing to cultivate a loyal fan base, and expanding its product portfolio.
Innova Names ‘Sharing The Planet’ As Top Purchasing Driver for 2022
Sustainability is no longer “just a Wall Street issue,” according to Innova Market Insights’ recent Top Ten Trends for 2022 report.
The Checkout: UPSIDE Foods Opens New Facility; Utz Acquires RW Garcia
In this week’s Checkout, UPSIDE Foods opens a new 53,000 square foot facility in Emeryville, California; Utz acquires snack brand RW Garcia; Farmstead announces plans to offer grocers dark store and delivery solutions; and FMI looks at consumer attitudes toward holiday grocery shopping.
Genius Juice Acquires Bar Maker Bright Foods
Organic smoothie producer Genius Juice, in a partnership with BLD Capital, has acquired refrigerated bar maker Bright Foods, the company announced today. Terms of the deal were not disclosed.