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📰 Today's Top Story |
| | | Americans’ protein obsession has translated into a major moment for meat sticks – a now $3 billion-plus (and growing) subcategory that has drawn a number of new entrants in recent years. But standing out in this increasingly competitive set initially proved challenging for Pennsylvania-based brand Righteous Felon as it began shifting its product mix in favor of the fast-growing format. Insiders can access the full story to understand how a handful of tweaks has helped Righteous reach over 400% sales growth in recent weeks. |
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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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✨ What You Need to Know ✨ |
| Benford Capital Partners-owned Turri’s Italian Foods has acquired Joseph’s Gourmet Pasta from LaSalle Capital in a deal announced on Tuesday. Insiders can access the full story for Joseph’s full transaction history and an understanding on how Benford’s building out an array of food brand platforms. |
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| Rising sales in Europe helped offset weak domestic demand for Mondelēz International’s chocolate and biscuit products during the second quarter. But U.S. consumer sentiment is impacting consumption “across the board,” said CEO Dirk Van de Put. Become an Insider for all of the details. |
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