BevNET/NOSH’s June Conferences Postponed
It’s with great regret that we are announcing the postponement of our Summer BevNET Live, NOSH Live, and Cannabis Forum events that were scheduled to be held June 8-12 in New York City.
Headlines
Taste Radio Ep. 210: They Borrowed $10,000 And Built Two Pioneering Brands. How The Founders of Annie Chun’s & gimMe Snacks Did It.
Annie Chun and Steve Broad, founders of Annie Chun’s and gimMe Snacks, spoke about their entrepreneurial journey from selling at farmer’s markets to building category leading brands, why operational efficiency is critical to achieve sustainable margins and the importance of “discovering new experiences for the consumer.”
Coke Earnings: Q1 Revenue Tops Projections, But Virus Hits Volume
The Coca-Cola Company reported a 1% drop in net revenue for the first quarter of 2020, with further disruption due to the global coronavirus pandemic expected to continue depressing sales in the months ahead.
WATCH: Jane Miller Discusses How to ‘Cautiously’ Prepare for Growth
In this video with NOSH editor Carol Ortenberg, Miller details how the company is planning for growth, but still operating with a conservative mindset in order to prepare for any potential slowdowns.
After Year One, SoFresco Finding U.S. Footing
Committing to a U.S. manufacturing base marked a significant new chapter for the 78-year old family owned Group GL SA, which is based in Lisbon and operates as Good Crop Inc. in the U.S. and under the Sonatural brand in Europe and Asia.
Whole Foods Issues Merchandising, Receiving Changes & Mask Policy
Whole Foods Market has issued a variety of policy changes for vendors who come in contact with store employees as it works to cut back possible routes of transmission of the COVID-19 virus.
Brands Give Back Roundup: Harmless Harvest Donates to Distribution Partners; PepsiCo Partners With Athletes on New Initiative
As the effects of the COVID-19 pandemic continue to be felt across the country, the food and beverage industry is stepping up to give back to those directly impacted by the crisis. In this roundup, we look at the efforts brands are taking to support children reliant on school-provided meals, healthcare workers on the front lines and their own distribution partners.
Taste Radio Insider Ep. 81: How MUSH Made Millions With The ‘Right Mix’ Of These Two Things
Ashley Thompson, co-founder and CEO of innovative ready-to-eat oat brand MUSH, spoke about why she set out to create a “best for you” product, why she likes having a “polarizing” brand name, how she prepared for her first meeting with Whole Foods and why the company has pivoted from being “product first” to “team first.”
How Brands and Distributors Can Help Protect Grocery Workers
As grocery workers help feed Americans sheltering in place, at least 30 have died from COVID-19, with nearly 3,000 reporting missing work due to symptoms, according to the United Food and Commercial Workers International Union (UFCW).
UNFI EVP: Supply Chain, Communication Critical For Brands During COVID
Yesterday, John Raiche, EVP of supplier services at UNFI, discussed in detail how the industry is adapting to the changes brought on by the novel coronavirus in a webinar hosted by the Hirshberg Enterprise Institute. Raiche offered advice for how brands can adapt to the new environment while providing an update on how UNFI is responding to the demands of the crisis.
Molson Coors Extends HEXO CBD Beverage Partnership to US
Molson Coors Beverage Company is deepening its relationship with Quebec-based cannabis company HEXO, today announcing the launch of a new joint venture to produce non-alcoholic CBD-infused beverages in Colorado.
Elevator Talk Livestream Round 7: PathWater, Ficks Beverage Co, Rip N Sip
The seventh round of food and beverage brands includes PathWater, The Snack Brigade, Ficks Beverage Co. and Mason Dixie Foods. We also have a special co-host this week, Patrick Schwarzenegger, who invests in and advises emerging food and beverage brands. He'll weigh in on the brands from an investor's perspective and provide feedback.
Cloud Water Adjusts Expansion Plans Amid COVID
CBD-infused beverage maker Cloud Water had been preparing to make a broad retail expansion this year, aided by a new partnership with New York DSD distributor Big Geyser. But as the COVID-19 pandemic has slowed expansion in traditional retail channels, the company is adjusting its strategy in the hope that it can still hit triple-digit growth goals.
Medical Meal Replacement Brand Kate Farms Raises $23M
Kate Farms, a California-based maker of medical grade meal replacement drinks, has raised $23 million in a Series A-1 funding round, the company announced this week, bringing its total financing to $48 million. According to chairman and CEO Brett Matthews, the round will primarily go towards scaling company operations and increasing sales and marketing efforts.