Secaucus, NJ—Vitamin Shoppe, Inc., announced preliminary results for the first quarter ended March 30, 2019, in a press release. Gross profit was $94.8 million, up from $93.1 million in the first quarter of 2018. Highlights include: Total sales of $283 million, 4.3% lower than first quarter 2018 Selling, general, and...
Washington, D.C., and Beijing, China—China’s finance ministry announced that it will raise tariffs on a range of American goods in retaliation for last week's escalation, according to the New York Times. China currently has tariffs on $60 billion in American goods. Last September, they levied tariffs of 5% to 10%...
Santa Barbara, CA—In partnership with next-generation millennial beekeeper and author Hilary Kearney, Comvita's #WeCanBeeHeroes social media campaign will raise money to benefit The Nature Conservancy (a global conservation organization dedicated to conserving the lands and waters) for World Bee Day on May 20th. For every Instagram post tagging #WeCanBeeHeroes during...
Washington, D.C., and Beijing, China—President Donald Trump has raised existing tariffs on $200 billion of Chinese imports to 25%, effective on all goods that shipped out of China after 12:01 Friday morning. Goods that shipped prior to midnight will be charged the previous 10% rate. Beijing expressed intent to retaliate,...
Lake Success, NY—The Hain Celestial Group, Inc., has entered into a definitive agreement to sell its equity interest in Hain Pure Protein Corporation and has reported financial results for the third quarter ended March 31. The Pure Protein Corporation, which, according to a press release, includes the FreeBird and Empire...
Norwalk, CT—Responding to a survey showing that 88% of moms would give children ginger ale for an upset stomach, Reed’s Inc. pointed out in a press release that there is “almost no real ginger in conventional ginger ale sodas and certainly not enough for a functional benefit.” “There is strong...
Barcelona, Spain—A new study focused on 2,200 mother-child pairs found that when pregnant women ate more nuts during the first trimester, their children did the best in tests measuring cognitive function, attention capacity and working memory. The study was published in the European Journal of Epidemiology. It used data from...
Bedford Park, IL—Replacing refined carbohydrates with fresh avocado can significantly suppress hunger and increase meal satisfaction, according to a study released by the Center for Nutrition Research at Illinois Institute of Technology. The study, published in Nutrients, was conducted on 31 overweight and obese adults, according to a press release.
New York City, NY—Tyson Foods plans to launch a meat substitute this summer, according to CNN. The product will have a limited launch, CEO and president Noel White said during an analyst call, according to CNN, but Tyson has been considering alternatives to animal protein for a while. Earlier this...
Jersey City, NJ—Whole Foods Market is moving its Northeast regional headquarters out of Englewood Cliffs and into Jersey City, and also is planning to open a new store close to the Hudson River waterfront, according to North Jersey Record. While Whole Foods Market/Amazon hasn’t made an official announcement, Mack-Cali Realty...
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