Sonoma, CA—Miyoko’s Creamery announced that Ellen DeGeneres and Portia de Rossi have become investors, supporting Miyoko’s position in the plant-based dairy alternative category as they prepare to introduce new products in early 2020, according to a press release. The amount invested was not disclosed. DeGeneres said in the release: “Being...
At an earnings call on Monday, Albertsons reported a $17.7 million net loss which, compared to last year’s $204.9 million loss for the same period, is a major improvement. According to Food Dive, Albertsons’ net sales are up 1% to $18.7 million. Same-store sales are up .2% and expected to...
Boston, MA — Biena Snacks announces a group of new influential investors joining their team. Some notable members include: Darren Rovell from ESPN, Jesse Itzler co-founder of Marquis Jets, and the founder of Spanx Sara Blakely. Some additional investors are Blueberry Ventures, Centerman Capital and New Ground Ventures. "The momentum for...
New York, NY — On Wednesday, Whole Foods Market hired five new directors after having switched to a new company-wide operational plan. According to Reuters, Jana Partners, an activist hedge fund that owns 8.3 percent of the company, is concerned about the lack of grocery experience among these new board...
Boulder, CO — New Hope Network, part of Informa PLC, has acquired the assets of San Diego, CA-based Nutrition Capital Network (NCN). NCN was found in 2007 and facilitates financing, partnering and asset sales for growth companies in the natural products, nutrition and health and wellness industry by connecting investors...
