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Kraft Heinz reported sales declines and narrowing margins in Q3 as it prepares to separate into two companies during the second half of 2026.

Fruitist closed $150 million in equity funding to accelerate retail expansion for its line of premium packaged berries. The round was led by J.P. Morgan Asset Management, alongside new and existing investors. The Los Angeles-based company is reportedly valued at $1 billion.

After nearly a decade under the ownership of massive protein company Hormel Foods Corp., Justin’s – the nut butter and confection company started by entrepreneur Justin Gold in 2004 – is coming back under private ownership, with Gold and former CEO Peter Burns returning to the company.

In conjunction with its 60th anniversary, PepsiCo has unveiled a new visual identity to “highlight the depth and diversity” of its portfolio that includes over 500 brands.

Organic frozen fruit pop purveyor HUNDY! has secured $350,000 in fresh equity funding, according to a filing with the U.S. Securities and Exchange Commission (SEC).

After nearly a decade at the helm of IBS-focused food brand Fody Foods, founder Steven J. Singer is stepping down as CEO. Taking over the role is Andy van Ark.

JonnyPops has launched a freeze-dried innovation as it uses its manufacturing capabilities to scale further in conventional grocery.

Hero Bread is releasing seven items at 700 Walmart stores across Texas, Florida, California, Ohio and Pennsylvania this month. The brand’s fiber- and protein-packed assortment includes sliced breads, tortillas, buns and bagels, baked with simple ingredients including resistant wheat starch, wheat protein, fava bean protein, jerusalem artichoke fiber, olive oil and yeast.

B&G Foods announced today it has agreed to sell the Green Giant and Le Sieur frozen and shelf-stable vegetable product lines in Canada to Nortera Foods.

Nosh’s annual “Best Of” Awards celebrate the people, brands, products, and ideas that are shaping the future of the packaged food industry. Submit your nominations by this Friday, Oct. 31.