178. Product Development for CPG Brands
Developing a food or beverage product is deceptively hard. Anyone can whip up a batch of say, BBQ sauce or cookies in their home kitchen, but commercializing them takes a…
This Week in CPG 07/22/24
đź›’ Retail Rollouts 🍪 Sunnie: Expanding Fresh Snack Offerings at Sprouts Sunnie Co-founded by Katy Tucker just launched three Fresh Snack SKUs into all 400+ Sprouts Farmers Market stores nationwide,…
How Splash Wines Grew Over 3,000% with Aion
Rob Imeson is the Founder and CEO of Splash Wines. Splash Wines is a direct-to-consumer wine company that provides great wine at affordable prices, and delivers it directly to your…
Campbell starts selling gluten-free soups
CAMDEN, NJ. — The Campbell Soup Co. is expanding its product line with the introduction of two new gluten-free cooking soups. Available in cream of mushroom and cream of chicken…
Campbell Soup starts acquisition of Sovos Brands
CAMDEN, NJ. — The Campbell Soup Co. is acquiring Sovos Brands Inc., Louisville, Colo., for approximately $2.7 billion. Sovos Brands is a manufacturer of sauces, yogurts and frozen prepared foods…
Campbell Soup works through changing consumer patterns
CAMDEN, NJ. — Earnings gains were modest at Campbell Soup Co. in fiscal year 2023, and “transitory pressure” from shifting consumer behaviors will be a headwind early in fiscal 2024,…
Campbell details direct-store delivery strategy
CAMDEN, NJ. — In a dynamic market where snack foods have long been a consumer favorite, Campbell Soup Co. faces the challenge of navigating recent pressures in the sector. Despite…
Meat, poultry companies recognized for workplace diversity
AUSTIN, MINN. – Hormel Foods Corp. was included in the list of America’s greatest workplaces for diversity in 2024 in a recently published issue of Newsweek magazine. The list included…
Supply chain impacted by ongoing Red Sea shipping disruptions
CHARLOTTE, NC. — Shipping disruptions, brought on by militia attacks in the Red Sea and drought problems in the Panama Canal, will impact American food and beverage companies negatively in…
Campbell Soup sales face economic pressure
CAMDEN, NJ. — Campbell Soup Co. expects to complete its acquisition of Sovos Brands Inc. in March, which bodes well for future quarterly financial results. In the second quarter ended…