By Scott Steinford, Managing Director, Trust Transparency Center On Feb. 22, 2017 Amazon entered the dietary supplement market with four products. As of Aug. 6, 2018, that number has grown to 30 SKUs, representing a 750% increase. Ten products were added between the last week of July and first week...
Skillman, NJ – The purchase of Zarbee’s Inc by Johnson & Johnson Consumer is just the latest instance of large consumer packaged goods companies getting ready to serve the consumer of tomorrow by purchasing companies that already appeal to them. “With its naturals positioning, a millennial target demographic and a...
San Francisco, CA – Sales of plant-based foods grew 20% over the last year and sales topped $3.3 billion, according to Nielsen data commissioned by the Plant Based Foods Association (PBFA). This is a strong increase from last year’s growth rate of 8%. In contrast, the overall food sector grew...
Seattle, WA — The focus was on Alexa Voice as second quarter net sales for Amazon.com increased 39% to $52.9 billion in the second quarter, compared with $38 billion in second quarter 2017. Excluding the $760 million favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net...
United Natural Foods Inc. (UNFI) and Supervalu Inc. announced they have entered into a definitive agreement under which UNFI will acquire Supervalu for $32.50 per share in cash, or approximately $2.9 billion, including the assumption of outstanding debt and liabilities. “This transaction accelerates UNFI’s ‘Build out the Store’ growth strategy...
Los Angeles, CA — Marc Washington, the newly minted CEO of Irwin Naturals, took a break from a sales summit in Park City, UT, to discuss his plans for the family-owned business he came onboard to propel into the future. An Ivy League-educated executive with deep operational, finance and business...
Boulder, CO-- September 2018 has been set as the first annual National Palm Done Right Month, bringing together consumers, manufacturers and retailers for the initiative. The educational platform Palm Done Right™ (PDR) has a goal to change how palm oil is produced and the conversation around this topic. The choices manufacturers and consumers...
Naperville, IL — KeHE Distributors, LLC has renewed its agreement with Sprouts Farmers Market as its primary distribution partner for natural, organic and fresh products through the year 2025. “Sprouts is one of the fastest growing, most forward thinking and efficient merchants in the country, and we are honored they have...
Secaucus, NJ – The struggling Vitamin Shoppe, Inc. has named Sharon M. Leite, Godiva Chocolatier President/N.A. its new CEO, effective Aug. 27. She will also become a member of the Board of Directors. [caption id="attachment_59777" align="alignright" width="255"] Sharon Leite[/caption] "Sharon's broad experience and impressive track record makes her an ideal...
Las Vegas, NV — The number of stores carrying CV Sciences' flagship hemp CBD brand PlusCBD Oil has grown 11.1% in the past quarter, the company announced, as it seeks to upgrade to the Nasdaq making its stock more attractive. "Our retail channel expansion, along with increased industry forecasts of...
RSS
