Lake Success, NY -- Hain Celestial reported its earnings for the first quarter of their 2019 fiscal year, just three days after Mark Schiller became president and CEO. The company predicted a slow first quarter, and they got it: consolidated net sales decreased 5%, although when adjusted for constant currency,...
SENPA proudly produces the 47th Annual SOHO Expo, November 29 through December 2 in Orlando, FL. On Thursday, November 29 retailers and exhibitors from all over the world will gather at the Gaylord Palms Resort and Convention Center in Orlando, FL to discuss and explore today’s topics and products of the natural products...
Washington, D.C.—The Organic Trade Association (OTA) is asking the organic community to weigh in on an organic check-off program. The program, known as GRO Organic (Generate Results and Opportunity for Organic), will be voluntary and funded by the private sector, according to a statement. Its goals are to promote the...
Washington, D.C.—The Food and Drug Administration (FDA) has released a guidance document regarding nutrition and supplement facts labels, and a draft guidance on serving sizes and other miscellaneous topics. It should be noted that, in the FDA’s words, “guidance documents do not establish legally enforceable responsibilities. Instead, guidances describe our...
Salt Lake City, UT—GOED has released an industry advisory regarding the correct expression of omega-3 fatty acid content in oils. EPA, DHA, and total omega-3s should be expressed in terms of weight, and not area percent. The advisory specifies that it should be expressed as free fatty acid equivalents in...
Phoenix, AZ -- Sprouts Farmers Market reported $38 million in net income, a 19% increase from the same period in 2017, in its third quarter 2018 earnings report. Other financials saw increases, too. The company reported net sales of $1.3 billion, a 10% increase, driven by comparable store sales growth...
Saskatchewan, Canada -- Algarithm Ingredients announced the company has made a $100,000 annual funding pledge to GOED, the Global Organization for EPA and DHA Omega-3s. The pledge seats Algarithm on GOED’s Executive Council on Education and Outreach (ECEO), allowing Algarithm to take an active role in determining the direction of...
PepsiCo continues its push into more nutritious foods with the acquisition of plant-based snack food brand Health Warrior. The deal is the first investment by “the Hive, a PepsiCo entity focused on emerging trends and designed to grow smaller brands. Health Warrior, which launched in 2011, will continue to operate...
LAKE SUCCESS, NY -- The Hain Celestial Group, Inc. has found its successor to founder president and CEO Irwin D. Simon, naming veteran consumer packaged foods executive Mark L. Schiller as the company's new president and CEO, effective Nov. 5. Schiller (shown here) brings more than 25 years of executive...
Phoenix, AZ – Sprouts Farmers Market will open 30 new stores in 2019, and seven of them will be during the first three months of the year. This year, Sprouts opened its first stores in the states of Pennsylvania, South Carolina, Washington and Maryland. It did not announce which new...
