Tifton, Georgia-based PB2 Foods has begun rolling out PB2 Peanut Powder with Prebiotics & Probiotics. “This item is completely unique within our category, because no one else in the food business has produced a peanut butter powder with prebiotics and probiotics,” said Craig Entwistle, the CEO of PB2 Foods. “We’re also introducing a no-sugar-added element […]
Category: Center Store
Centre Partners Sells Stonewall Kitchen To Audax Private Equity
Centre Partners, a middle market private equity firm with offices in New York and Los Angeles, has sold its Stonewall Kitchen (SK) business to Audax Private Equity. Financial terms of the transaction were not disclosed. Founded in 1991, SK is a manufacturer of specialty food and gift products, including jams, olive oils, bottled sauces, crackers and […]
H-E-B Names Quest For Texas Best Winners
After two days of intense deliberations and tasting a mix of brats, brittle, sauces, pickles, mixes, mixers, meats, cookies and crickets, H-E-B’s Primo Picks Quest for Texas Best named five winners. The winners of the sixth-annual event hail from Houston, Austin, San Antonio, Woodway and Atlanta, Texas, and received a combined $80,000 in cash prizes […]
CPG Industry Supports 20 Million US Jobs, Contributes $2 Trillion To GDP
The consumer packaged goods (CPG) industry supports one in 10 American jobs and is the largest manufacturing employer in the United States, according to a report released Aug. 6 by the Grocery Manufacturers Association (GMA). The study, conducted by PricewaterhouseCoopers LLP, shows that the CPG industry supports 20.4 million jobs that generate $1.1 trillion in labor income and contribute $2 trillion to […]
IRI Consumer Connect Survey: CPG Non-Edible Sales Trends Mixed
Consumer confidence peaked in the second quarter of 2019, but spending is down and saving is up, according to the latest IRI Consumer Connect Survey results. Even though 56 percent of consumers say their financial health is good, CPG unit sales were flat or down and the non-food sector is struggling as well. To examine […]
Concord Foods Updates Its Caramel Apple Products
Concord Foods, a maker of produce-companion products, has completed packaging and formula updates for the Concord Fresh Success Caramel Apple Wrap as well as the Caramel Apple Kit with M&M’S candies, both of which are currently available at retail stores. The company, based in Brockton, Massachusetts, has reformulated the Fresh Success Caramel Apple Wrap with […]
NGA Show Adding Pavilions For Foodservice, Pet Care And More
The NGA Show is debuting seven new specialty pavilions for the 2020 event, scheduled for Feb. 23-26 at the San Diego Convention Center. New on the 2020 NGA Show Expo floor are: • Foodservice Pavilion—Retailers can source products and services from current and emerging foodservice brands, allowing them to remain competitive by adding cafés within […]
Comparable Store Sales Flat For Sprouts In Second Quarter
Sprouts Farmers Market Inc. in Phoenix, Arizona, reported net sales of $1.4 billion—a 7 percent increase from the same period in 2018—for the 13-week second quarter ended June 30. Comparable store sales were up 0.1 percent for the quarter. The two-year comparable store sales growth rate was 2.1 percent. Net income in the quarter was […]
