WASHINGTON, D.C. — As millennials enter their parenting years, the impact on the nearly $50 billion organic market could be transformative. “Exciting times lie ahead for the organic sector. This year's survey findings clearly show the positive relationship between organic and parenting,” said Laura Batcha, CEO and executive director of...
New York, N.Y. -- With the aim of becoming the premier adviser to consumer goods companies in the healthy living and wellness space, investment banker William Hood has launched his own firm. “The natural products industry is going to be a huge early focal area for us,” Hood told Whole...
Online grocery shopping has skyrocketed for Amazon.com Inc. since the company purchased Whole Foods Market for $13.7 billion, Bloomberg reports. One Click Retail, which monitors sales, estimates that within one week, online sales of the Whole Foods private label 365 brand totaled around $500,000, according to Bloomberg. The speed at...
Morristown, N.J. -- OmniActive Health Technologies was granted a U.S. patent (Patent No: US 9724311) for the sports nutrition and performance benefits of its clinically-studied UltraSOL line of curcumin ingredients, including CurcuWIN. The patent covers these proprietary ingredients’ compositions for improving muscle performance, endurance capacity and resistance to fatigue when...
Greensboro, N.C. — Larry Appel is the new president and CEO of specialty grocer The Fresh Market, the company announced. He joins the 176-store chain with nearly 30 years of experience in retail, legal and corporate strategy. Brian Nicholson, the company’s chief financial officer who served as the company’s interim CEO,...
San Diego, CA — The fast-growing organic baby food category just got a jolt to the system. A-list celebrity Jennifer Garner and former Annie’s president John Foraker have joined the 2-year-old organic baby food startup Once Upon a Farm as co-founders with plans to become the next big nutrition brand for...
Moss Landing, CA -- Nestle USA took a giant step into the plant-based foods segment with the acquisition of Sweet Earth, whose 48 products span the day and include Harmless Ham and Benevolent Bacon. Launched in 2011 by co-founders Kelly and Brian Swette, Sweet Earth’s award-winning frozen meals, burritos, breakfast...
Washington, D.C. — The Council for Responsible Nutrition (CRN), the leading trade association for the dietary supplement and functional food industry, announced several keynote speakers for its upcoming event, The Conference, taking place Oct. 18–21 at The Ritz-Carlton, Dove Mountain, in Marana, AZ, just outside Tucson. The Conference: CRN’s Annual Symposium...
Pittsburgh, PA — Health and wellness retailer GNC Holdings named Ken Martindale as CEO, replacing interim CEO Bob Moran, the company announced Wednesday. Martindale had been CEO of Rite Aid Stores. Moran will continue on as non-executive chairman of the GNC board. “Ken is a proven leader with deep retail expertise,...
Edison, N.J.—The J.M. Huber Corporation has completed the sale of the Silica business unit of Huber Engineered Materials (HEM) to Evonik Industries AG, a global specialty chemicals company. The $630 million transaction, completed after approvals from the European Commission and other global regulatory bodies, transferred ownership of the HEM Silica...
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