Washington, D.C.—Legislation (S.4463) introduced this week in the U.S. Senate by Senator Kevin Cramer (R-ND) would expand health savings accounts (HSA), health reimbursement arrangements, and flexible spending accounts (FSA) to cover dietary supplements. The Natural Products Association (NPA) issued a press release thanking Senator Cramer and his staff for "wanting...
Washington, D.C.—The Natural Products Association (NPA) announced that it has joined a coalition representing millions of workers and customers to push Congress to include a tax credit in the stimulus package to help businesses with steep reopening costs related to COVID-19. The coalition, which also includes FMI – The Food...
Phoenix, AZ—Sprouts Farmers Market, Inc. has reported results for its second quarter ended June 28, 2020, in a press release. Highlights include: Net sales of $1.6 billion, a 16% increase from the same period in 2019 Comparable store sales growth of 9.1% and two-year comparable store sales growth of 9.2%...
Las Vegas, NV—SupplySide West and Food ingredients North America 2020, which had been scheduled for October 27-30, 2020, at Mandalay Bay in Las Vegas, have been cancelled due to the COVID-19 pandemic. SupplySide announced that the decision to cancel was not an easy one, but was made with the health...
Haddonfield, NJ—Reviva Labs will hold its first Virtual Zoom Demo on July 29, according to a press release. The event had participants sign up to have four product samples sent to their homes. Participants purchased tickets for $5, or they can obtain coupon codes from their local retailers for free...
Basel, Switzerland—Lonza reported Group sales growth of 7.7% and a CORE EBITDA margin of 29.1%, which the company said reflect Lonza Group’s robustness to the challenges and uncertainties caused the COVID-19 pandemic in H1. The Lonza Pharma Biotech and Nutrition (LPBN) Segment drove the results, delivering 10.8% sales growth and...
Unilever announced results for the first half of 2020: Developed markets are up 2.4%, and emerging markets are down 1.9%, for an overall sales decline of 0.1%, according to a press release. Other highlights: Turnover decreased 1.6% Operating profit excluding currency increased 3.8%, before a negative impact of 3.2% from...
[vc_row][vc_column][vc_column_text]As COVID-19 continues to cause uncertainty, our goal remains the same: to deliver valuable information that helps you achieve your goals of fostering wellness and growing your business for the greater good. We cover a topic in this issue that, at press time, was triggering significant debate in the U.S.:...
The COVID-19 pandemic accelerated an existing trend: more grocery shopping online. Pre-COVID estimates suggest online grocery was about 4% of U.S. total grocery sales, with the pandemic propelling a 50% increase to about 6% through mid-2020. Even though online is growing, brick-and-mortar still accounts for 94% of all grocery dollars,...
Los Angeles, CA—JSL Foods, a third-generation family owned company, announced the launch of “Fortune Cares,” a charitable donation program to help families affected by food instability issues. Named after the company's Fortune Noodle brand, JSL said this program will be an ongoing initiative that will identify non-profit organizations that are...
