Plus, CPG Week discusses the FTC and Kroger/Albertsons dispute; this week’s new products.͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
 
 
NoshMarch 01, 2024
DAILY BRIEFING
Today's news & insights for the food industry.
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In this issue of Daily Briefing

  • 🔧 FTC Throws A Wrench Into Kroger/Albertsons Merger
  • 🚚 UNFI to Introduce New Fee Consolidation Policy
  • 🆕 Gallery: This Week’s Notable New Products
  • 🐟 Fishwife Collabs With Keystone Light
  • 👇 EXPO WEST FAQS

Sojo Industries: Robotic Variety Packing

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📰 Today's Top Story

👷 What Is Building The MrBeast Brand?

👷 What Is Building The MrBeast Brand?

The Beast is back… with chocolate bars.

Over the past month, MrBeast (a.k.a. Jimmy Donaldson) has relaunched his chocolate bar line Feastables with a promise that this second iteration is, in fact, “the best tasting chocolate ever made by mankind.” 

The YouTube celebrity announced the launch in a three minute video (of course) that chronicles his quest to one-up the first product’s position – tasting better than Hershey’s – and answer the question “if everything tastes better than Hershey’s, then what makes us special?”

Donaldson claims over the course of the past year (which included trying hundreds of formulas and hosting a blind taste test), he has achieved his gastronomical goal. He also worked with Interact Brands on a packaging redesign to better reflect the flavor, product and help the “brand stand out and resonate even more,” said Interact creative director and partner Fred Hart in a post.  

⏪ A quick rewind: Feastables debuted in January 2022 with a 3-SKU line of chocolate bars. A year later, the lineup was expanded to include peanut butter filled variety, Deez Nuts. But the new SKU got into a bit of trouble with gourmet peanut business Dee’s Nuts which sued Donaldson for trademark infringement, and won

The new version comes in seven now-guaranteed-controversy-free flavors: Milk Chocolate, Milk Crunch, Almond, Peanut Butter, Peanut Butter Crunch, Dark Chocolate and Dark Chocolate Sea Salt. The products are available at Walmart stores nationwide. 

🍔 Over the past year, Donaldson has been pushed to defend his brands, businesses and likeness in multiple arenas. The influencer opened and has since shuttered virtual restaurant chain MrBeast Burgers after customers received uncooked products and reported numerous other quality issues. Donaldson called out the burger chain’s operator, Virtual Dining Concepts, and is now engaged in a legal dispute over that matter. 

🧬 But just how closely is Feastable’s tied to Donaldson’s personal brand? The Youtuber built a following for not only posting about extreme challenges, but also infusing those competitions with philanthropic and humanitarian efforts – like building one hundred wells in Cameroon, Kenya, Somalia, Uganda and Zimbabwe (though he even received some criticism for that one too). 

🍫 We aren’t here to pick sides in a lawsuit or offer brand building advice, but given Donaldson’s humanitarian track record, we were left wondering why the chocolate bar line is so narrowly – and subjectively – positioned around taste. With a multitude of ethical and environmental issues surrounding the chocolate supply chain, why hasn’t the company, which uses Rainforest Alliance-certified chocolate, leaned into the humanitarian half of its creator’s public persona with the new product position?

🎮 He has even gamified the new packaging with a QR code that enters purchasers into a competition to win $10k. But nowhere on that same pack (or its website) does the brand mention the chocolate’s sourcing principles. Is simply being MrBeast, and claiming to sell the best tasting chocolate in the world, enough to build a successful and sustainable business?   

📥 We’d love to hear your thoughts – is this a missed opportunity or strategic sidestep? Let me know at adeluca@bevnet.com

 

🎙️ Now Streaming: CPG Week

🔧 FTC Throws A Wrench Into Kroger/Albertsons Merger

🔧 FTC Throws A Wrench Into Kroger/Albertsons Merger

Does staying in a Eggo-branded pancake rental home sound like a satisfying vacation or the premise of a teen horror film? The CPG Week team weighs in on this and other recent food and beverage news including the latest wrinkle in the $24.6 billion deal to merge Kroger and Albertson. The FTC has filed a lawsuit along with nine attorneys general calling it anti-competitive so the team debates potential implications of the federal government’s challenge.

🌱 Plus, senior reporter Brad Avery discusses the potential of yaupon to shake up the clean energy drink category and why kava seems to be popping up in more beverages.

🧇 Nosh editor Monica Watrous tells the team about her interview with Mason Dixie and why we are seeing more clean comfort breakfast foods.

Listen now on Nosh.com and subscribe to get a fresh episode every week.

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

 

✨ What You Need to Know ✨

🚚 UNFI to Introduce New Fee Consolidation Policy

United Natural Foods, Inc. (UNFI) has announced a new supplier policy, called Simplified Supplier Approach (SSA), that is intended to streamline business by consolidating clients’ fees into one flat rate. The policy will go into effect on May 1. 

✅ SSA will waive fees for services including SUPERVALU Harbor, compliance (up to 21 unique fines), distribution center efficiency, slotting (activation/reactivation and new item setup) and Repositrak. The policy will also give suppliers access to UNFI Insights and SUPERVALU Harbor.

💵 UNFI’s new supplier policy will be provided for a single flat rate of 2.5% of purchases, which the distributor believes is “well below the value of benefits delivered.” 

💭 “We believe this new approach will significantly elevate your experience, create efficiencies and drive mutual growth. Fee consolidation will reduce friction, increase transparency and improve predictability, resulting in time and cost savings,” said UNFI chief retail merchandising officer Brian Audette in the announcement.

 

🆕 Gallery: This Week’s Notable New Products

We’re less than two weeks away from everyone’s favorite event of the year – Expo West – and the new product announcements are already coming in hot. Here’s a sneak peek of what you’ll find inside this week’s new products gallery:

🐰 Just in time for Easter, SmartSweets rolled out two new limited-edition gummies: Berry Bunnies and Tropical Easter Eggs. The new gummies contain 3 grams of sugar (from stevia leaf extract) and 6 grams of fiber per 1.8 oz. single-serve bag.

🍕 Simple Mills expands its snack portfolio with two new products: Lemon Seed & Nut Flour Sweet Thins and Pizza Pop Mmms. The former (launching in April) features watermelon seed flour, an ingredient from an underutilized variety of watermelon that can be used in crop rotations. 

🍪 Allergen-friendly baked goods brand Sweet Loren’s unveils its newest offering, Salted Caramel Pre-Cut Cookie Dough. The new refrigerated dough is made from non-GMO, plant-based, gluten-free ingredients and is free of the top 14 allergens. 

Check out the full new product gallery on Nosh. 

 

🐟 Fishwife Collabs With Keystone Light

🐟 Fishwife Collabs With Keystone Light

Fish and beer aficionados this one's for you. Tinned fish monger Fishwife announced a new collaboration with Keystone Light this week to enhance fishing trips “even when the lines aren't biting” 

The companies co-created “The Smooth Snackle Pack” which includes a custom tackle box with specialized compartments for cold beer and snack storage, three co-branded tins of Smoked Rainbow Trout and an Uber Eats gift card. Hook yourself up with the set online at keystonelight.com. 

 

👀 Coming Soon To Nosh…

👇 EXPO WEST FAQS

👇 EXPO WEST FAQS

Q: I’m an exhibiting brand with a small budget. How do I capture an investor’s attention?

A: Read Nosh’s Unofficial Guide to Expo West.


Q: I’m a first-time attendee. How do I make the most of the show?

A: Read Nosh’s Unofficial Guide to Expo West.


Q: How do I avoid trade show gut / fallen arches / pissing off a potential business partner?

A: Read Nosh’s Unofficial Guide to Expo West.

It all drops March 4 at Nosh.com.


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