Plus, a new episode of CPG Week͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
 
 
NoshFebruary 27, 2025
DAILY BRIEFING
Today's news & insights for the food industry.

In this issue of Daily Briefing

  • 🍃 Back to Nature’s New Mindset
  • 🐔 USDA: $1B To Fight Bird Flu
  • 📊 Earnings Roundup
  • 🔁 Tosi Refreshes Look
  • 💰 7-Eleven Buyout Bid Fails
  • ⚡ Spindrift Soda & Alani Nu Acquired

Today, we are detailing the anticipated impact of three recent brand refreshes on each of the respective food businesses – spanning a startup bar brand, Big CPG-owned snack company and an established natural products player. 

Of course there’s some additional industry news sprinkled in, insights from a couple of turnaround efforts and a fresh episode of CPG Week to round out the day. Let’s dig in. 

📰 Today's Top Story

⛷️ Mooski’s Marketing Snowball Effect

⛷️ Mooski’s Marketing Snowball Effect

It’s a strategy straight out of the RXBAR playbook: Identify and market to early adopters before building a bigger following. 

Robert Broome, founder of chilled oat bar brand Mooski, admits he initially struggled to figure out who his early adopter was – until it recently became very obvious

Broome’s mother grew up in Switzerland, skiing competitively and filling up on muesli before hitting the Alps. Mooski bars – created with a formulation inspired by the family’s muesli recipe – offer a portable spin to that pre-ski routine. 

He didn’t realize when he developed the bars three years ago that he stumbled into the perfect product for skiers and snowboarders, who seek slope-worthy snacks that don’t harden in frigid temps.

Now armed with this insight, he’s making tracks with university ski and snowboarding clubs across the country.

“The cool thing about it is, I think this can graduate to more broadly just winter sports. If you look at Clif Bar, it was synonymous with mountain biking and rock climbing, and obviously grew past that,” said Broome, who earlier in his career held marketing and innovation roles at RXBAR and counts its co-founder Jared Smith as an investor and advisor to the emerging brand.

Alongside Mooski’s new marketing play, the brand is unveiling a “more mature and elevated” look that tones down the more childish elements of the previous packaging design.

Insiders can read the full story to learn about Mooski’s strategy and refreshed brand identity.

 

✨ What You Need to Know ✨

🍃 Back to Nature’s New ‘Insurgent Brand Mindset’

🍃 Back to Nature’s New ‘Insurgent Brand Mindset’

Back to Nature has reconstructed the basics of its operations while rebuilding its team and refining its approach to the better-for-you snack category two years after B&G Foods sold it to Barilla – without a single team member.

🪞 We sat down with CEO Jennifer Jorgensen after the brand unveiled a revitalized look earlier this year to learn what’s changed and what’s next for the legacy natural foods brand. 

👉 Even though it changed between Big CPG hands, Back to Nature’s turnaround needed an entrepreneurial mindset and eye, Jorgensen explained. 

🗣️ “We’re really trying to take that insurgent brand mindset… not only commercially insurgent, [but also] operationally insurgent. You can’t do one without the other.”

Insiders can access the full story on Nosh for a deep dive into Back to Nature’s turnaround strategy.

 

🐔 USDA Invests $1B to Combat Bird Flu

The U.S. Department of Agriculture (USDA) is investing $1 billion into a “comprehensive strategy” to curb the spread of bird flu, protect the U.S. poultry industry and reduce egg prices, secretary Brooke Rollins said. 

💵 The five-pronged strategy includes an additional $500 million for biosecurity measures, $400 million in financial relief for affected farmers, $100 million for vaccine research and efforts to reduce regulatory burdens and explore temporary import options (yeah, we know… tariffs).

  • The USDA will expand its Wildlife Biosecurity Assessments to producers nationwide, starting with egg-layer facilities. 
  • The agency believes this will safeguard farms from the cause of 83% of bird flu cases: transmission from wild birds. 

Go Deeper: How Is the Avian Flu Outbreak Impacting CPG?

 

📊 Earnings Roundup

Here are the top takeaways from a handful of earnings reports posted in the past few days.

🍔 Beyond Meat is still on the fiscal recovery path and will cut its U.S. and E.U. workforce by 17% (about 44 employees) despite making small gains during Q4 2024, per a report yesterday. As cost-cutting measures continue, Beyond will also suspend its operations in China.

🐷 Hormel delivered “solid” top-line numbers in the first quarter, reaffirming its FY2025 outlook and continuing double-digit net sales growth in its foodservice segment. Outgoing president and CEO Jim Snee reported that Q1 was “pressured” by a snack nuts supply disruption but noted the company is preparing to open a new distribution center in the Memphis, Tenn., area.

🧁 Amid its own supply chain disruptions hampering net sales in Q3, J.M. Smucker has appointed Judd Freitag as SVP and GM of U.S. Retail Pet Foods and Sweet Baked Snacks segments. Freitag will oversee the continued integration of Hostess and other segment changeover after Smucker divested Cloverhill, Big Texas and Voortman brands in the last year.

🏄 Laird Superfood finished 2024 with its strongest year-end sales performance as wholesale and ecommerce sales saw double-digit gains and the club channel drove solid growth among brick-and-mortar sales. CEO Jason Vieth has officially proclaimed the company’s turnaround initiative a success.

Catch up on more recent earnings coverage on Nosh.

 

🔁 Tosi Refreshes Look

Tosi has put some of its fresh $15M Series B capital into a brand refresh. The new look is paired with an updated ingredient deck free from refined sugar

 🟦  The new packaging brings illustrations and a blue color motif in of its previous white and green palette. The new look will reach retail in the coming months. 

🧑‍💻 Along with the refreshed packaging and reformulation, Tosi also launched a new DTC website to serve its consumers better.

💬 "The refreshed brand identity brings a modern yet nostalgic, fresh take while emphasizing transparency and what Tosi truly stands for—quality, real food ingredients that fuel the body in a meaningful way," said CEO Kevin Rutherford in a statement.

Catch Up: Tosi Snacks Raises $15M Series B, Names New CEO

 

💰 7-Eleven Buyout Bid Falls Through

7-Eleven executives and its parent company’s founding family failed to secure necessary financing for its nearly $58 billion bid to buy out the global c-store operator and fend off a foreign takeover from Canadian Alimentation Couche-Tard.

  • Couche-Tard has made two unsolicited offers to buy 7&i holdings (the parent company to the c-store chain), first offering $38 billion and later upping the ante to $47 billion.
  • The company said it will continue to explore all opportunities to unlock shareholder value, including revisiting Couche-Tard’s bid.
 

🎙️ Now Streaming: CPG Week

⚡ Spindrift Soda & Alani Nu Acquired

⚡ Spindrift Soda & Alani Nu Acquired

Celsius Holdings is set to acquire competitor Alani Nu for a cool $1.8 billion. The CPG Week team digs into the deal details and analyzes the potential impact on energy drink category distribution as well as what the future could hold for prior owner Congo Brands

🍕 Pepperoni pizza soda – sip or spit? The group opines on Perfy’s limited-edition savory soft drink and why flavor novelty could be key to standing out in a crowded segment.

🥤Speaking of soda, sparkling water brand Spindrift is entering the segment with its latest launch – just once month after its acquisition by Gryphon Investors.

Listen to this week’s episode to learn more. Also available on Spotify and Apple Podcasts.

Like what you are listening to? Please don’t hesitate to rate our show and leave a review on your podcast platform of choice.

 

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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. We'll be back in your inbox tomorrow.

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