Pittsburgh, PA—GNC has reached an agreement with lender groups to further extend the springing maturity dates for certain loans, according to a press release. Previous reporting noted that GNC’s Tranche B-2 term loan, FILO term loan, and revolving credit facility all feature springing maturities that could be accelerated from August...
Big Sandy, MT—Kamut International has reported that the company is feeling the effects from the #QuarantineBaking phenomena. “We’ve noticed sales of KAMUT brand wheat flour soaring, and our millers are working hard to keep up with demand,” said Trevor Blyth, Kamut International CEO, in a press release. In March, the...
Providence, RI—United Natural Foods, Inc. (UNFI) has reported financial results for the third quarter of fiscal 2020 ended May 2, 2020, in a press release. Highlights: Net Sales increased 12% to $6.67 billion compared to $5.96 billion in last year's fiscal third quarter Net income increased 54% to $88 million;...
Washington, D.C.—Organic food is proving to be the food of choice for shoppers stuck at home, according to a press release from the Organic Trade Association (OTA). Organic produce sales are up more than 20% in the spring of 2020, says the press release, after jumping more than 50% in...
Washington, D.C.—80% of U.S. adults say they will be more mindful about practicing self-care regularly once the pandemic is over, according to a survey conducted by The Harris Poll on behalf of Samueli Integrative Health Programs. 46% of those surveyed report that they are struggling to find ways to maintain...
Washington, D.C.—The FTC has sent warning letters to 35 more marketers nationwide for making unsubstantiated claims that their products can treat or prevent COVID-19. This is the sixth set of warning letters FTC has sent. Most of the letters, according to an FTC press release, target “treatments” offered in clinics...
Chicago, IL—New research from IRI and SPINS reveals that consumers are purchasing more natural products in 2020, both pre-pandemic and during the pandemic, according to a press release. The new report highlights consumers’ product and shopping preferences, strategies for manufacturers and retailers to attract and retain customers, and suggested strategies...
East Windsor, NJ—A research review of the effects of curcumin on the immune system, written by 8 scientists including Founder and Chairman of Sabinsa Dr. Muhammed Majeed, has been published in Phytotherapy Research, according to a press release. The review summarizes the results from in silico and animal studies of...
Researchers from Duke University will be exploring the role of the microbiome in COVID-19 risk and illness. The randomized, double blind, placebo-controlled clinical trial, approved by Duke University Health System's Institutional Review Board, will be led by Drs. Paul Wischmeyer and Anthony Sung and will focus on Lactobacillus rhamnosus GG in COVID-19 exposed...
New York, NY—A new report from Forum for the Future has highlighted the critical role of regenerative agricultural practices in delivering future food system resilience, according to a press release. The release notes that the U.S. is estimated to lose approximately 996 million metric tons of soil through erosion each...
