Report: E-Grocery Sales Down 10% YOY
As inflation continues to impact prices at the supermarket, U.S. consumers are spending less money buying groceries online, according to last month’s Brick Meets Click/Mercatus Grocery Shopping Survey.
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Poppi Closes CAVU-Led $25M Series B Round
Prebiotic soda producer Poppi has closed a $25 million Series B funding round backed by existing investor CAVU Venture Partners, the company announced today. The new financing arrives as Poppi reports 148% year-over-year growth amid a significant retail expansion.
Taste Radio: To Unlock The Extraordinary Power Of Design, He Put Humans Front And Center
Mauro Porcini, the Chief Design Officer of PepsiCo, discussed his definition of design, both in the abstract and specific to his work in consumer products, how he convinces colleagues to align with his vision, and where he takes his cues as a creator and leader. He also explained his hiring process and the value of technical expertise versus personality or cultural savvy and how social media influences his perspective on design.
Health-Ade Names Chris Lansing as CEO, Founders to Step Down in Q1
Health-Ade has named former PepsiCo executive Chris Lansing as its permanent CEO as co-founders Daina Trout and Vanessa Dew prepare to step away from the kombucha company early next year.
Hyster Introduces First Models in New A Series Lineup
Hyster Company releases the first models built on its all-new A Series platform, the award-winning Hyster H40-70A series.
Kadeya Receives Pre-Seed Funding from Evergreen Climate Innovations
Evergreen Climate Innovations announced its investment in sustainable hydration solution provider Kadeya, which was conceived when its founder and CEO, Manuela Zoninsein, asked “why do we manufacture a new container for every bottle of water someone drinks?”
Libra Beverage Co. Launches at Costco in Ottawa and Atlantic Canada
CHARLOTTETOWN, PEI— Libra Beverage Co., a B-Corp Certified non-alcoholic beverage company on a mission to help people find their balance, is kicking off the New Year by bringing its award-winning…
SAYSO Craft Cocktail Tea Bags Announces Retail Expansion
SAYSO, the world’s first craft cocktail tea bags, announces an expansion into select cities and new, premium retailers across the country.
TEAKOE Launches New Orange Ginger Punch Fizzy Tea
TEAKOE, the better-for-you fizzy tea brand, launches a new Orange Ginger Punch flavor, a new fizzy fruit punch-like classic.
GHOST ‘Deceptively’ Markets to Kids, Allege Ad Watchdogs
Advertising watchdog group Truth in Advertising and the University of Connecticut Rudd Center for Food Policy & Health filed a complaint with federal agencies today against energy drink maker GHOST, alleging the company has “unfairly and deceptively” marketed its products to children.
Cynthia Tice Joins BeyondBrands as Entrepreneur in Residence
BeyondBrands announced that Cynthia Tice, best known for her role as the founder of Lily’s Sweets and a trailblazer in the no-sugar-added sweets category has joined BeyondBrands as a partner.
Better World Acquisition Corp. Announces Business Combination Transaction With Heritage Distilling Holding Company, Inc.
Better World Acquisition Corp. (“Better World”) (Nasdaq: BWAC), an ESG-focused special purpose acquisition company, announced it has entered into a Business Combination Agreement (the “Agreement”) with Heritage Distilling Holding Company, Inc. (“Heritage” or the “Company”), a leading craft distiller of innovative premium brands.
NotCo Raises $70M To Build B2B Business And “Operate Like Coca Cola”
Backed by $70 million in new growth capital, plant-based food and beverage company NotCo is aiming to build a business-to-business food technology platform “that operates like Coca Cola.”
Novo Fogo Welcomes Grammy-Nominated Musical Duo Sofi Tukker As Co-Owners And Brand Ambassadors
Novo Fogo, a rainforest preservation steward and producer of award-winning Brazilian sugarcane spirits and ready-to-drink cocktails, welcomes the Grammy-nominated dance music superstars SOFI TUKKER as equity partners in the company.