Instacart hires former Facebook exec as president
Roughly a month after appointing former Facebook executive, Fidji Simo as CEO of the company, Instacart has hired another tech veteran to join its leadership team.
Archives for August 6, 2021
Lifeway Foods bolsters position in drinkable dairy space with new acquisition
Lifeway Foods, best known for its kefir products, announced the intent to acquire certain assets of California-based GlenOaks Farms for $5.8m this week, expanding the company's position in the drinkable dairy space, says CEO Julie Smolyansky.
Kellogg CEO: Severe supply disruptions means ‘2021 is shaping up to be anything but business as usual’
All of Kellogg’s 50+ factories around the world have been hit by supply shortages due to a range of disruptions, from a 10-day pandemic lockdown in Malaysia to civil unrest in South Africa, CEO Steve Cahillane told analysts on a conference call.
Beyond Meat predicts small drop in revenues in Q3 (vs Q2) amid Delta uncertainty, hints at 'new innovation rolling out with one of our big partners'
Beyond Meat is predicting a drop in revenues in the third quarter ($120-140m) vs the second quarter ($149.4m) reflecting some recent distribution losses in foodservice, labor issues at some partners, and uncertainty as the Delta variant of COVID-19...