Food Industry News, Insights, and Education for the CPG Community

Purely Elizabeth is taking granola “beyond the bowl” with its first true entry into snacking, Chewy Granola Bites. It’s a move founder and CEO Elizabeth Stein sees as the beginning of a broader expansion for the fast-growing brand as it prepares to join Ferrero Group. Available in four flavors – Dark Chocolate Chunk, Salted Honey… Read more »

Target’s push to become a food “destination” is gaining traction, with the mass retailer posting high-single-digit growth in food and beverage in the second quarter.

A new report from the Acosta Group found that despite grocery affordability improving, consumers are still prioritizing value brands and promos at higher rates than they did prior to the rapid inflationary period several years ago.

Newly rebranded COZY Foods is raising pre-seed funding this summer to support a shift into co-manufacturing and a broader retail push.

David Protein is keeping cool this summer with a one-day-only, co-branded protein ice cream cookie offering made in collaboration with Fields Good. The functional desserts, which contain around 20 grams of protein per serving, will only be available for a single day on August 22 at David’s New York City pop-up scoop shop, located in the West Village in Manhattan.

Crustless sandwich brand Fave’Wich has been acquired by bakery business JSB Industries for an undisclosed amount.

Still reeling from its $23.8 million legal defeat to Van Leeuwen last month, Rebel Creamery has filed for Chapter 11 bankruptcy protection. In documents filed in Utah last week, Rebel Creamery declared $23.85 million in debt, naming Van Leeuwen as its largest creditor, while owning total assets of only $13.8 million with about $5.2 million in cash.

Less than two years after its acquisition of OWYN, Simply Good Foods Company is facing a proposed class action suit from investors alleging the integration of the brand has been “an abject failure.”

Alcohol recovery gummy UNDO is launching in nearly 900 Target stores after closing a $1M seed round to expand its retail footprint.

Mid-Day Squares has secured $8 million in debt financing to significantly expand production capacity ahead of major U.S. launches with Walmart and Costco.

Errol Schweizer liked publicly owned grocery stores before it was cool. The industry veteran has been an advocate for tax dollar-backed grocery stores for nearly a decade, well before New York City mayor Zohran Mamdani made it a part of his winning platform. Now he’s part of a team advising the mayor on how to make the idea a reality.

Following a 72% jump in distribution, fueled by recent placements at Target and Walmart, Amara Organic Foods is doubling down on food-tech-driven innovation and strict ingredient standards as it builds out its omnichannel footprint.

BevNET CPG Media announced today that Bryce McDonald has returned as vice president of sales. He will lead the sales organization and work with partners to develop programs across the company’s media, events, insights and professional resources.

Rip open that tin– it’s time to try new protein bar brand Jacked Granny.