News & Analysis on Food & Beverage Development & Technology
Beyond Meat CEO Ethan Brown faced another grilling from analysts on the firm’s Q2 earnings call Thursday after posting a $97.1m net loss on net sales of $147m, lowering guidance for the full year from $560-$620m to $470m-$520m, and cutting 4% of its...
Boston-based food tech firm Motif FoodWorks has promoted its CTO Dr Michael Leonard to the role of CEO, effective immediately, as current CEO Jonathan McIntyre moves to an advisory role in the company.
Revol Greens, the largest greenhouse lettuce grower in North America, is growing from 30 to nearly 50 acres of indoor farming space with the opening of a new facility in Texas and plans to double operations at its three other existing facilities to...
Health Canada has published new labeling standards for supplemented foods such as snacks and beverages fortified with vitamins and minerals or caffeinated energy drinks; and introduced new nutrition labelling regulations for packaged foods requiring a...
Food and beverage companies are under increasing pressure to measure, reduce, and accurately report their social and environmental impact, with the SEC recently outlining proposals* that would require all registrants to disclose their scope three...
A week after warning of falling profits due to consumers pulling back on spending to offset rising food and gas prices, Walmart is laying off hundreds of corporate staff in a move some fear signals a cooling job market and increased risk of recession.