Phoenix, AZ — Sprouts Farmers Market will expand its relationship with Amazon Prime Now to more than 20 locations by the end of the year, ceo Amin Meredia announced during the Q2 earnings call where he reported strong quarterly sales of $1.2 billion, a 15% increase. Clearly the pending acquisition...
The industry poured forth with loving tributes this week to the Chinese medicinal herb pioneer Bill Brevoort, who passed away on July 28 at his home in Kona, HI. He was 75 and had recently been diagnosed with metastatic melanoma. “Bill was a truly amazing, brilliant, spiritual, one-of-a-kind man,” said...
For the first time, the White House Office of Management and Budget (OMB) has released, along with its Unified Agenda, an ‘Inactive Actions List’ of regulations being reviewed or considered. On the list includes the United States Department of Agriculture’s (USDA) nutrition facts changes that apply to meat, poultry and...
Cranbury, NJ -- Innophos Holdings, Inc. (NASDAQ: IPHS) announced on Tuesday that it entered into a definitive merger agreement to acquire Novel Ingredients, a New Jersey-based provider of dietary supplement ingredient solutions primarily owned by GenNx360 Capital Partners, a New York-based private equity firm. The merger will create a nearly...
WASHINGTON, D.C.— Industry applauded Rep. Mia Love, R-Utah, who has taken on a new leadership role as a co-chair of the Congressional Dietary Supplement Caucus (DSC). Love replaces Rep. Jason Chaffetz, formerly a DSC co-chair, who retired from the House of Representatives this summer. The DSC is a bipartisan congressional...
East Windsor, NJ – Sabinsa Cosmetics, a division of the Sami Labs – Sabinsa Group, has been granted two new patents on cosmetic compositions involving sunscreen lotions and hair growth formulations – one in the U.S. and the other in the E.U. United States patent US 9498423 describes a synergistic...
WASHINGTON, D.C. – New legislation introduced by Congressman Dave Brat (R-VA) would make multivitamin dietary supplements an allowable purchase for the 8 million people receiving assistance through the special supplemental nutrition program for women, infants, and children (WIC). “Expanding WIC to include multivitamins would create an oasis for the 25...
Vancouver, Canada – Plant-based food manufacturer Daiya Foods Inc. is being sold to Otsuka Pharmaceutical Co., Ltd., and the reported $325.3 million acquisition will help increase Daiya’s presence throughout North America while creating a global plant-based platform, the company announced. Otsuka operates worldwide, including in the US and Canada, where...
Seattle, WA -- Toosum Healthy Foods, LLC announced the expansion of its platform of all-natural snack foods with the acquisition of the health bar brand Kutoa. “We are committed to only providing top quality products made with wholesome ingredients,” explained Toosum founder Peter Guyer, in a press release. “By working with Kutoa,...
Austin, TX – Whole Foods Market reported record quarterly sales of $3.7 billion on Wednesday, and while comparable store sales decreased by 1.9%, that is an upward trend. Net income for the third quarter ending on July 2 was $106 million. On June 16, Amazon and Whole Foods Market announced...
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