Impossible Foods hires former Apple creative exec as chief experience officer Steve Turner, the former global executive creative director for Apple s Media Arts Labs (where he worked with Steve Jobs to launch a number of iconic Apple products), has been appointed as chief experience officer at Impossible Foods, where he will report directly to CEO and founder Dr. Pat Brown.
Turner who spent 11 years at Apple helping to launch a number of the company s disruptive technologies including iPod+iTunes, Mac, iPhone, iPad, Apple TV and Apple Music before launching his own strategic consulting firm, Sublime, in 2017 will be tasked with building brand awareness and
Conagra benefits from sustained and elevated at-home demand in Q3 2021 Still benefiting from a sustained consumer shift to at-home eating over a year past the onset of the global COVID-19 pandemic, Conagra has registered a nearly 10% increase in organic net sales for Q3 2021 compared to the same period last year.
The company experienced a 9.7% increase in organic net sales across its core retail segments refrigerated/frozen (12.1%), snacks (+13.1%), and staples (+15%) – driven by a 6.1% increase in volume and a favorable price/mix impact of 3.6%. Organic net sales were partly offset by a continued downturn to Conagra’s foodservice business, the company noted.
ReGrained proves mainstream market appeal for upcycled foods With a new puffs line in several points of distribution, a line of baking mixes in the works, and plans to convert oat milk byproduct into finished product applications later this year, ReGrained is building a case for the mainstream viability for upcycled foods.
Defined by
ReGrained is one of the founding member companies), upcycled foods use ingredients that otherwise would not have gone to human consumption which are produced in a way that has a positive impact on the environment (part of the association s
certification passed in January 2021 requires the upcycled foods companies must disclose the source of their carbon emissions).
Oishii closes $50m Series A funding, sees itself as the ‘Tesla’ of strawberry vertical farming Oishii, a vertical farm growing Japanese omakase strawberries with 2-3x the sweetness of conventional US-grown strawberries, has closed $50m in Series A funding led by SPARX Group to scale its business for mass market consumption.
The $50m investment from SPARX Group’s Mirai Creation Fund II – a fund established by Toyota Motor Corporation, Sumitomo Mitsui Banking Corporation, and SPARX – will be put towards expanding Oishii’s proprietary vertical farming technology which can grow strawberries indoors at a commercial scale.
The company will also use the capital to grow and produce other fruits and vegetables.
As more local governments mandate “hazard pay” increases for some grocery store employees, more retailers are shuttering “underperforming” stores that can no longer financially sustain increased costs associated with operating during the pandemic.