Archives for August 19, 2020

NEWS IN BRIEF

Ardent Mills expands retail capabilities and production

Flour and ingredients company Ardent Mills has made significant updates and investments to its retail and production capabilities to better meet booming demand in the baking industry.

‘Don’t Quit’ shakes up adult nutrition category with minority investments from Keurig Dr. Pepper and L.A. Libations

Keurig Dr. Pepper (KDP) has taken a minority investment with a defined path to ownership in emerging brand ‘Don’t Quit’ to become the next heavyweight in the segment, said KDP president Robert Gamgort during the firm's Q2 2020 earnings call.

‘Big Food’ enjoying sustained sales uplifts as consumers stay home

US retail sales of leading packaged food brands tracked by Bernstein* rose +12.1% year-on-year in measured channels in the four weeks ending August 8, with big brands reaping continued benefits from the shift to eating at home, though sales growth slowed...