Chicken restaurant Popeyes to expand in China
Poultry restaurant Popeyes Louisiana Kitchen Inc. (Popeyes) has announced a new agreement to develop and open more than 1,500 Popeyes restaurants in the People’s Republic of China over the next 10 years.
Archives for July 23, 2019
What’s happening in the US beverages market? From bottled water to diet soda
US retail sales of carbonated soda – which have been on a downward trajectory in recent years – are rebounding, with the latest Nielsen data* showing a +2.2% increase in dollar sales of regular (full sugar) soda and a +4.6% increase in sales of diet soda...
FDA commits to early fall update on CBD while it reaffirms enforcement stance
FDA said today it will have an update on a new regulatory structure for CBD by early fall. The announcement came via a press release on another warning issued to a CBD marketer making illegal disease claims.
Weller closes $3m funding round pushing CBD into the mainstream
CBD snack and beverage brand Weller has raised $3m in a funding round led by venture capital firm Brand Foundry Partners, which the company will put towards scaling up production and increasing marketing efforts to meet high consumer demand.
Mars’ accelerator’s first cohort focuses on plant-based products & easy-meal solutions
The first cohort of Mars’ SEEDS of CHANGE accelerator shines a light on where the food giant predicts consumer preferences are heading with a heavy focus on plant-based, world-flavors and time-saving short-cuts for easy-meal solutions.
The Cereal School disrupts category with a healthier spin on childhood favorites
The Cereal School sugar-free cereals have taken off in online sales (selling out of stock multiple times since launching in November last year). Now the brand is hitting its stride ready to take on the wave of new customers, says co-founder Dylan Kaplan.
Canada Meat Group to create 40 new jobs
Processor Canada Meat Group is to use a $2.4m investment to expand and target new markets.
Trail mix, meat snacks and pudding part of Conagra’s snack expansion
Conagra’s legion of high-selling brands – including Angie’s BOOMCHICKAPOP, Slim Jim and Snack Pack – are launching new products this year as the company cements its focus on the lucrative snacking market.