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Understand Your Price — And Get Profitable at BevNET Boot Camp
Joining the lineup will be highly respected industry consultants Bob Burke, John Maggiore, and Jeff Grogg, who will guide attendees through a lesson on ways pricing and margin interact, supply-chain hotspots that can bring up the cost of ingredients and manufacturing, and how best to plan for in-store promotional costs and to deploy those promotions most effectively.
CAVU Founders: “Shifting Food Paradigm” to Guide Investment
Comprised of a well-known entrepreneur, a legendary brand-builder, and a self-described “hunter” of cutting edge brands, CAVU’s triangle offense is getting ready to hit the floor.
Head Grocery Exec, Errol Schweizer, Departs Whole Foods
February saw the departure of two key grocery executives for natural products retailer Whole Foods Market.
Year of the Pulse Sees World Peas Acquisition
World Peas, which makes snacks out of beans and other legumes, has been acquired by Snack it Forward, LLC, the buyer announced today. In four years, the company has grown to have national distribution and is found in stores including Whole Foods Market, Target, The Fresh Market, Costco and online retailer Thrive Market.
Alliance Consumer Growth Closes Third Fund of $210 Million
Private equity firm Alliance Consumer Growth (ACG) has raised $210 million for its third fund, its founders announced Wednesday, more than doubling the amount it raised in its last fund, just two years ago.
RangeMe Sees Success as Tinder for CPG
RangeMe, an online platform that connects CPG producers with retail buyers, has expanded to the U.S. The site has seen recent success signing up major retailers (such as Target and Jet.com) and suppliers have followed.
Big Brands Try Out New Looks At CAGNY
At this week’s Consumer Analysts Group New York (CAGNY) conference several of the top publicly traded consumer brands announced their plans for growth in 2016. The presentations gave insight into two key areas that established, publicly traded players in the food and beverage industry will be focusing on: establishing natural bona fides and increasing snacking or on-the-go options.
Nomva Raises $3 Million for Noms on the Go
Phenomenal Foods, the maker of Nomva, a new food brand that merges current trends in cold-pressed juice and on-the-go snacks, today announced the closing of a $3 million round of funding. Nomva markets a line of high pressure processed (HPP), organic fruit and vegetable blends that are infused with probiotics and packaged in 6 oz. pouches.
Product Roundup: Salty Snack Makers Look to Offer Healthier Options
Consumer attitudes towards snacking are slowly shifting, and brands are taking note. Producers including HalfPops, Way Better Snacks and Cabo Chips have all released new snack options that attempt to offer consumers healthier ways to snack.
Adding Execs, Bobo’s Builds Out Team and Aims Big
Bobo’s Oat Bars have always stood out for its quaint, homespun look and clean ingredients. And while the 10-year old brand may not have gotten the press of its brethren, it turns out it’s been quietly building sales of $8 million in 2015 alone. With new investment and employees, the company believes it’s ready to be the breakout bar of 2016.