🚨 What You're Missing 🚨 |
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💭 Today’s Big Take |
| | Inflation, tariffs, recession…economic headlines are plastering front pages these days. But what does all of this mean for packaged food? Let’s sift through the latest data to find out. Overall, inflation is down 0.1% per last week’s Consumer Price Index (CPI) report; that’s a slightly positive sign after it rose 0.2% in February. Sounds good, right? - Unfortunately, food was an outlier to the trend – with the category’s inflation rate rising 0.4%, up 3% in the last 12 months.
Insiders can access the full analysis for a complete look at the latest data and insights. |
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✨ What You Need to Know ✨ |
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| Go beyond the headlines with exclusive access to our editorial team’s insights and hot takes on the latest in food and beverage. As an Insider, you’ll unlock premium newsletter content and archives along with deeper coverage on BevNET.com and Nosh.com. Plus, enjoy event and job listing discounts, along with exclusive Insider perks on Nombase, our digital community and directory for CPG professionals. Join now. |
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| Modern pantry staple maker not just co. has shut down after more than six years in business, as the business became “pretty unmanageable from a working capital standpoint” over the past year, according to co-founder and CEO Catherine Smart. Become an Insider to access the full story and learn what Smart had to say about the closure. |
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🎙️ Now Streaming: Taste Radio |
| | Ignite20 isn’t just cutting checks. The new $7 million venture capital fund and hybrid accelerator is lighting a fire under the next wave of CPG innovators. Gabriela Morales, Ignite20’s co-founder and managing director, talks about how the fund is rethinking early-stage investing. Listen to the episode here. You can also tune in on Spotify or Apple Podcasts. |
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Have feedback or a tip to share? Let me know at adeluca@bevnet.com.
That's all for today's Daily Briefing: Lite Edition. We'll be back in your inbox tomorrow. |
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