Target has just launched an accelerator program called Target Takeoff and is seeking food and wellness companies that have raised less than $3 million. Applications are due by February 28th.
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Target has just launched an accelerator program called Target Takeoff and is seeking food and wellness companies that have raised less than $3 million. Applications are due by February 28th.
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Aldi is spending $1.6 billion to go after Whole Foods and Sprouts. The chain also saw 54% growth in its organic private-label brand, SimplyNature.
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Whole Foods just announced declining same-store sales for the 6th straight quarter and the closing of 9 locations.
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In Canada, PC Organics has recalled several of its SKUs due to concern that they might be contaminated with Clostridium Botulinum.
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At the new Whole Foods in New York City, the company has introduced a produce butcher to help cut down on your meal-prep time. Apparently, Eataly has had produce butchers for years already. Who knew?
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Former NBA star Ray Allen will be adding a second stand-alone location of Grown, his Miami-based organic, gluten-free restaurant, to the new Walmart Supercenter in Orlando. This is huge news.
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It has been some ride over the last few years for Denise Mari, Founder of Organic Avenue. With new investors and having emerged from bankruptcy, this iconic NYC juice brand has a bright future again.
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Brodo, the super-popular bone broth shop in NYC, will open inside of Whole Foods in Williamsburg. I predict this will be the first of many collaborations between the two.
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The venture capital arm of General Mills, 301 Inc., led a $6 million round in organic kale chip company Rhythm Superfoods. The Austin-based producer of organic snacks is on track to do $20 million in revenues this year.
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Private equity firm San Francisco Equity Partners has taken a majority stake in Red Monkey Foods, a leading provider of organic spices and seasonings. Red Monkey Foods was named by Inc. 500 as one of “America’s Fastest Growing Private Companies.”
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A cool story in Forbes of how Barnana got started and how it has quickly grown, all with the mission of not letting unwanted bananas go to waste.
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Hain Celestial has just agreed to a joint venture with India-based Future Group and intends to market its natural & organic products in that country. Expect to see brands such as Terra, Garden of Eatin’, Sensible Portions, Dream and Earth’s Best in India sometime soon.
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While The Organic Coup is the country’s first certified organic fast-food restaurant, Nic’s in Chicago claims to be the the country’s first certified organic fast-food restaurant with a drive-thru. I hope these two companies inspire other entrepreneurs to get in the certified organic restaurant business. Consumer demand is enormous.
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Kuli Kuli, which sells organic moringa powder, drinks and bars, just completed a $4.25M Series A led by eighteen94 captial, the VC arm of Kellogg. Congrats to my friend and CEO/Founder Lisa Curtis on this financing.
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One of the industry’s most influential CEOs on what he thinks will happen this year. Very interesting read.
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Jeremiah McElwee, VP of Purchasing and Merchandising at Thrive Market, talks about what he looks for when taking on a new product and also discusses the trends that he is seeing.
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With Whole Foods moving to a centralized buying model, some are speculating that food start-ups may face serious problems getting on store shelves.
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The Today Show did an interesting segment on how organic produce distributor Baldor’s is putting 100% of its food scraps to good use.
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Hunt’s Tomatoes posted a video proudly advertising that its tomatoes are Non-GMO. Needless to say, the pro-GMO community wasn’t happy about this.
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The coconut water giant agrees to settle a lawsuit over illegally using non-organic coconuts. Class action lawyers say that the organic certifier, Bioagricert, was not doing its job correctly.
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In El Paso, Texas, Whole Foods Market has just opened its first bilingual store and is positioning it as the “third place” for city residents.
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ShopRite, the largest retailer-owned cooperative in the U.S. with more than 270 stores, has just launched its own private label line of organic products.
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In an interesting interview, the CEO of Danone, Emmanuel Faber, discusses the future of organic and the pending $10 billion WhiteWave acquisition.
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Instacart has disclosed the five most popular brands that people were searching for on its website in 2016.
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