Paris, France—Danone’s Board of Directors has reviewed the company’s corporate governance and decided to separate the functions of Chairman and CEO, effective upon the appointment of a new CEO, according to a press release. The review was at the directive of Emmanuel Faber, current Chairman and CEO. The process to...
Milan, Italy—Indena has been authorized by the Italian Ministry of Health and Italian Medicines Agency (AIFA) to produce cannabinoid-based cannabis extracts, according to a press release, making Indena the first company in Italy to receive this authorization from the Ministry of Health and one of the only companies in the...
Weehawken, NJ—VMC Products for Health Inc. has announced a new partnership with Lallemand Specialty Cultures (LSC), a division of Lallemand Inc., now that LSC has acquired Yogourmet: VMC will remain the U.S. distributor of Yogourmet, as they have since 1986, according to a press release. Manufacturing has moved to France...
Denver, CO—Ardent Mills has announced its intention to purchase substantially all of the business operations of Hinrichs Trading Company, according to a press release, which calls Hinrichs “the North American leader in chickpea sourcing, cleaning and packing.” The move is part of Ardent Mills’ growth plan to further invest in...
Newtown Square, PA—The Natural Marketing Institute (NMI) has released its 2021 Health and Wellness in America Consumer Insights and Trends Report, the 21st in this series. The report, according to a press release, provides insights into how today’s consumer is handling their health and uncovers factors contributing to health challenges.
Phoenix, AZ—Sprouts Farmers Market reported results for the 14-week fourth quarter and 53-week year ended January 3, 2021, and Jack Sinclair, CEO of Sprouts Farmers Market, highlighted the "encouraging" results: “In 2020, we generated record earnings and cash flow from a 15% increase in sales while absorbing costs associated with...
San Antonio, TX—Medical Care Innovations, makers of EndoMune Advanced probiotic and prebiotic supplements, has announced a campaign to support Feeding America. EndoMune will donate $1 for each bottle of product sold on the EndoMune.com website to Feeding America’s disaster response efforts for those impacted by the 2021 North America winter...
Washington, D.C.—The Council for Responsible Nutrition has submitted comments on FDA’s Proposed Rule for Requirements for Additional Traceability Records for Certain Foods, asking for confirmation that dietary supplements will be exempt. The rule is intended to help industry more rapidly and effectively trace food products that cause illnesses back to...
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Gelson’s Markets, a Southern Californian grocer, is being acquired by Pan Pacific International Holdings (PPIH), according to Los Angeles Daily News. PPIH is a publicly-traded company operating 639 stores, 582 of which are in Japan. In Hawaii and Japan, it’s known for its Don Quijote brand. Gelson’s consists of 27...
