The Walmart Foundation announced today nearly $4 million in grants to organizations working to fight hunger in Texas –Brighter Bites and Baylor University’s Texas Hunger Initiative. This support comes at a crucial time when, according to Feeding America, Texas is home to 10 percent of the nation’s food-insecure individuals, where more than 4 million people […]
Archive for the ‘FOOD & BEVERAGE’ Category
McDonald’s to debut new plant based burger
Beyond Meat shares spiked after McDonald’s announced Thursday that it will test the plant-based burgers in a handful of restaurants in Canada. Beyond Meat’s stock price jumped more than 11%, closing at about $154 a share. McDonald’s said it will sell what it calls the “P.L.T.” — for plant, lettuce and tomato — sandwich for […]
One of the food industry’s biggest trade groups rebrands itself
One of the most powerful Big Food lobbyists wants to change its image — and its mission. The Grocery Manufacturers Association on Thursday will announce it is planning to change its name to Consumer Brands Association in 2020, a sign the group is trying to distance itself from past troubles.
Impossible Foods Makes East Coast Grocery Store Debut
After a record-shattering launch on the West Coast, the Impossible™ Burger will make its East Coast grocery-store debut tomorrow at all 100 Wegmans grocery stores in seven states and at two Manhattan locations of Fairway Market.
Pizza Hut and Kellogg partner to create stuffed Cheez-It pizza
The pizza chain is partnering with Kellogg to launch the Stuffed Cheez-It Pizza on Tuesday. The limited-time menu item includes four large squares with a crust infused with the sharp cheddar flavor of Cheez-Its and stuffed with either cheese or pepperoni and cheese. A marinara dipping sauce comes on the side.
Keurig Dr Pepper-backed firm launches smart nutrition bottle
LifeFuels has launched what it claims is the first smart nutrition bottle, combining with an app to track both hydration and nutrition goals, FoodBev Media reported. The former Keurig Green Mountain — which bought Dr Pepper Snapple and renamed the company in mid-2018 —announced last year it would partner with and invest in LifeFuels to […]
Nestlé plans to reduce greenhouse gases across its supply chain
Nestlé has pledged to reach zero net greenhouse gas emissions by 2050, a goal that requires many changes from the world’s biggest food producer and the farmers it works with. By helping protect its supply chain from extreme weather, Nestlé aims to protect its bottom line. It also signals to consumers who are increasingly concerned […]
Natural products growth outpaces total food and beverage
Sales growth in natural products is outpacing the total food and beverage retail market, according to a new report from data firm SPINS. The firm’s first State of the Natural Industry report found natural products reached $47.2 billion in dollar volume for the year ending May 2019, reflecting a 5% increase over the previous year-long […]
Buffalo Wild Wings, MGM partner on sports betting
MGM Resorts International and its sports betting venture Roar Digital announced a multiyear deal with national sports bar Buffalo Wild Wings on Thursday. In the coming months, odds and point spreads will begin appearing on screens at select Buffalo Wild Wings. On Thursday, the two companies will launch Picks and Props, a free-to-play, mobile-only football […]
Tyson Foods invests in plant-based shrimp company
After selling its stake in Beyond Meat in the spring, Tyson Foods’ next bet is on plant-based shellfish. Tyson Ventures, the venture capital arm of the meat processing company, is investing in New Wave Foods. Tyson Ventures CFO Tom Mastrobuoni declined to discuss the financial terms of deal but said that Tyson took a minority […]