New Pioneer Co-op will be implementing Eli Codes and Smart Shelf Tags within their stores over the next several weeks, according to a press release. When scanned by a smartphone, Eli Codes can educate and inform shoppers, and thereby increase sales while undercutting a customer’s desire to google information about...
Washington, D.C.—The USDA’s Agricultural Marketing Service (AMS) has announced a “public listening session, with request for comment, regarding upcoming standards development activities, including feedback about specific recommendations received from the National Organic Standards Board (NOSB).” The Organic Trade Association (OTA) stated in a press release that this session is the...
Minneapolis, MN—Sustainability considerations now influence the majority of the world’s grocery shoppers when buying packaged foods, according to Cargill’s most recent global FATitudes survey. Specifically, the research found that 55% of consumers are more likely to purchase a packaged food item if it includes a sustainability claim, a four-point jump...
Vevey, Switzerland—Nestlé Health Science has agreed to purchase a majority stake in Orgain from Founder Dr. Andrew Abraham and Butterfly Equity, who will continue to be minority share owners. Dr. Abraham will continue on as CEO. "Nutritional protein plays a key role in supporting our health and wellness, whether we...
Lake Success, NY—Hain Celestial has reported financial results for the second quarter ended December 31, 2021, in a press release. Mark L. Schiller, Hain Celestial’s President and Chief Executive Officer, commented, “Our second quarter results delivered adjusted net sales growth consistent with initial guidance, behind strong U.S. consumption growth, despite...
Hollis, NH—The frozen Greek cuisine brand, Yaya's Garden, has announced that they have received the Non-GMO Project Verification seal for all brand products. "While the products have always been 100% Non-GMO within our Greek manufacturing practices, we're so grateful to have the seal of authentication," shared Colin Tuthill, President of...
Boulder, CO—Purely Elizabeth has closed a $50m Series B financing round, led by the SEMCAP Food & Nutrition Division, which was joined by Swander Pace Capital and Fresh Del Monte. Over the last five years, Purely Elizabeth has grown with a 55% CAGR. The company has nearly doubled its retailer...
A green Mediterranean diet may help slow age-related brain atrophy, according to a new study published in The American Journal of Clinical Nutrition. The DIRECT PLUS 18-month-long randomized control trial included 284 participants, who were divided into three groups according to diet: a healthy dietary guidelines group, a Mediterranean diet...
Monterey, CA—Organic fresh produce grew sales by 5.5% in 2021, topping $9 billion for the first time and outpacing conventionally grown produce in year-over-year gains in both sales and volume. That’s according to the 2021 Organic Produce Performance Report, released by Organic Produce Network and Category Partners. The report notes...
Oakland, CA—Olipop has completed its $30 million Series B funding round led by Monogram Capital Partners with celebrity investors Camila Cabello, Priyanka Chopra Jonas, Nick Jonas, Joe Jonas, Kevin Jonas, Mindy Kaling, Logic, and Gwyneth Paltrow, according to a press release. Also contributing to the funding round: Raj and Indra...
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