Amid changing consumer tastes and challenges raising money to fund their cash-intensive businesses, more food companies are expected to collapse in 2023.
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Amid changing consumer tastes and challenges raising money to fund their cash-intensive businesses, more food companies are expected to collapse in 2023.
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Long viewed as the go-to retailer for cheap, mass market products, Walmart has been steadily carrying more products from emerging brands that focus on organic and natural products.
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Scope 3 emissions, or those originating in the company’s value chain outside of its direct control, account for over three-quarters of Amazon’s emissions footprint.
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The technology, which links to a person’s credit card, is already installed at 200 of its stores across the country.
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The beverage giant has been deepening its ties to fast-growing companies with a presence in premium and trendy offerings.
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We need more governors like this.
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“At Erewhon, we taste thousands of new products every year. Zuma Valley is the best-tasting, purest coconut we have ever found,” said Erewhon CEO Tony Antoci.
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The $138M Greycroft Coca-Cola System Sustainability Fund will focus on packaging, heating and cooling, facility decarbonization, distribution and supply chain.
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The new certification program will help CPG brands tell a better story around their contaminant-free claims with the help of QR codes, said Henry Rowlands, founder of The Detox Project.
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To fund the acquisition, the organic infant formula company is closing a $70 million Series C, led by a $35 million investment from PowerPlant Partners.
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Each brewery has created its own lager-style beer recipe using the revolutionary Kernza grain, which is also Regenerative Organic Certified®. Patagonia Provisions and the 11 breweries will take 1% of all sales from this partnership and donate it to local non-profits that support environmental initiatives. Very cool.
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The organic chocolate company will close its Seattle plant and reduce office staff, which will result in 60 job losses. “We’ve had to make some tough but necessary decisions to ensure the company’s long-term viability,” said Etienne Patout, CEO of Theo Chocolate.
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The parent company of Wholesome, which produces organic and Regenerative Organic Certified® sugars, has received a buyout offer from its largest shareholder, Martin Franklin.
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The producer of organic, cold-brew coffee was purchased by private label producer Magnum Coffee Roastery.
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According to watchdog organization OrganicEye, the dustup sensitized organic consumers to the corporate-dominated safety review of synthetic and non-organic materials used in organic production.
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The online marketplace connects food brands with co-manufacturers and seeks to digitize the $200-billion food and beverage contract manufacturing industry.
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North America’s largest organic breakfast and snack food company has just purchased a fellow Canadian company, whose focus is on organic baby and children’s food products.
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Lead investor, Digital Garage Group, will help broaden the organic matcha maker’s global audience and fund B2B expansion.
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An inside look at how Dr. Bronner’s is both giving back and trying to foster the CPG ecosystem.
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The funds will be used to expand its new ready-to-drink cold brew latte line and to grow its national retail presence.
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The company’s newly enacted legal mechanism secures its mission indefinitely, regardless of shareholder structure.
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Organic, plant-based cheese pioneer Miyoko Schinner and Miyoko’s Creamery, the company she founded, have ended contentious legal challenges against one another.
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In a deal valued at $319M, the Canadian agriculture and plant-based CPG company Above Food plans to go public through a merger with Bite Acquisition Corp.
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The company plans to make changes to some regional and global support teams over the next two months, and the changes won’t result in any store closures.
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