Aldi — which has more than 1,500 stores in the U.S. — has a plan to expand its natural food selection, which could spell trouble for competitors. With a reputation for low prices, Aldi’s claim to deliver organic products at roughly 25% less then other stores offering the same could...
Washington, D.C. — The U.S. Department of Agriculture (USDA) has selected seven retail firms to take part in a pilot program designed to enable Supplemental Nutrition Assistance Program (SNAP) participants to purchase their groceries online. The two-year pilot is slated to begin this summer and will include the following retailers...
Washington, D.C. — The Council for Responsible Nutrition (CRN) and the International Probiotic Association (IPA) announced the development of scientifically-based best practices guidelines for the labeling, storing, and stability testing of dietary supplements and functional foods containing probiotics. Considering the immense popularity probiotics have been subject to, the guidelines are...
Oslo, Norway and Metuchen, NJ — The kidney research and clinical journal Nephron, and the American Journal of Hypertension have individually published new papers linking vascular calcification and vascular and arterial stiffness to the vitamin K-dependent protein known as MGP (matrix GLA-protein). The Nephron paper titled “Correlations of Plasma Desphosphorylated...
Mumbai, India — Everstone Group has invested $35 million in a stake of Mumbai-based OmniActive Health Technologies Ltd. Everstone Group has been rapidly expanding in the nutraceutical space and its investment in OmniActive will give it a significant minority stake. Through the Everstone Group investment, OmniActive will have the ability...
New York, NY — The Northeast’s leading produce processor and distributor, Baldor Specialty Foods, has used its food waste initiate known as SparCs (scraps spelled backwards) to divert 100 percent of the Fresh Cuts operation organic waste from reaching landfills and has instead developed new ways to utilize organic food...
On December 14, 2016, the U.S. Food and Drug Administration (FDA) announced an evaluation of a variety of Del Monte Fresh Produce (DMFP) genetically engineered pink flesh pineapples that found no unresolved safety or regulatory issues under the Federal Food, Drug and Cosmetic Act. Although a consultation is voluntary and...
New York City, NY — The North American Olive Oil Association (NAOOA), which had recently filed a lawsuit against TV personality and physician Dr. Mehmet Oz, has now taken legal action against importer and bulk specialty olive oil distributor Veronica Foods, as well as seven other specialty retail stores across...
Westchester, IL — Ingredion Inc. has entered into a stock purchase agreement to acquire all outstanding shares of privately-held Tic Gums, Inc., White Marsh, MD which makes advanced texture systems for the food and beverage industry. This will complements Ingredion's expertise in starch technology, opening the door to new texture...
Los Angeles, CA — Millenium Products, Inc., parent company of GT’s Kombucha acquired Medina, MN-based Tula’s CocoKefir, a maker of vegan fermented coconut-based kefirs and yogurts. According to BevNet, the transaction occurred earlier this year and the products have been subsequently rebranded as GT’s products. Both companies’ shared passion and...
RSS
