CPG

Sevendots' New Study Reveals Innovation as the Underleveraged Engine of Growth in the CPG Industry

Retrieved on: 
Friday, March 15, 2024
Literature, CPG, ROI, Research, Growth, Silver, Marketing

AMSTERDAM, March 15, 2024 /PRNewswire/ -- A new study conducted by Sevendots , a global leader in CPG strategies, sheds light on the untapped potential of investment in innovation as a driving and underutilized force for growth within the CPG industry.

Key Points: 
  • AMSTERDAM, March 15, 2024 /PRNewswire/ -- A new study conducted by Sevendots , a global leader in CPG strategies, sheds light on the untapped potential of investment in innovation as a driving and underutilized force for growth within the CPG industry.
  • The study uncovers a critical insight: Innovation remains an underutilized activity by many players in the CPG industry, showing a worrying trend of diminishing momentum.
  • The study calls for a paradigm shift in how CPG companies approach innovation.
  • "Our findings underscore the immense growth potential for CPG companies willing to rethink their approach to innovation, leveraging it as a powerful engine for growth, differentiation, and long-term success."

Sevendots' New Study Reveals Innovation as the Underleveraged Engine of Growth in the CPG Industry

Retrieved on: 
Friday, March 15, 2024
Literature, CPG, ROI, Research, Growth, Silver, Marketing

AMSTERDAM, March 15, 2024 /PRNewswire/ -- A new study conducted by Sevendots , a global leader in CPG strategies, sheds light on the untapped potential of investment in innovation as a driving and underutilized force for growth within the CPG industry.

Key Points: 
  • AMSTERDAM, March 15, 2024 /PRNewswire/ -- A new study conducted by Sevendots , a global leader in CPG strategies, sheds light on the untapped potential of investment in innovation as a driving and underutilized force for growth within the CPG industry.
  • The study uncovers a critical insight: Innovation remains an underutilized activity by many players in the CPG industry, showing a worrying trend of diminishing momentum.
  • The study calls for a paradigm shift in how CPG companies approach innovation.
  • "Our findings underscore the immense growth potential for CPG companies willing to rethink their approach to innovation, leveraging it as a powerful engine for growth, differentiation, and long-term success."

Mary Jones Continues Cannabis Product Expansion with New THC-Infused Fizzy Edibles

Retrieved on: 
Thursday, March 14, 2024
Taste, Green Apple, Tongue, Tablet, Child, Edible, CPG, Cannabis, Energy drink, Mouth, Gold, Gold medal, Jones Soda, OTCQB, Hand, Soft drink

SEATTLE, March 13, 2024 /PRNewswire/ -- Jones Soda Co. (CSE: JSDA, OTCQB: JSDA), the original craft soda known for its great taste, unconventional flavors and iconic brand, today announced that its top selling cannabis brand Mary Jones is bringing their newest product, Fizzy Tabs, to California's $2.2 billion dollar a year recreational cannabis market.

Key Points: 
  • (CSE: JSDA, OTCQB: JSDA), the original craft soda known for its great taste, unconventional flavors and iconic brand, today announced that its top selling cannabis brand Mary Jones is bringing their newest product, Fizzy Tabs, to California's $2.2 billion dollar a year recreational cannabis market.
  • Coming in 100 milligram packs that contain 40 individual 2.5 milligram tablets, Mary Jones' new edible is a great option for even the most casual cannabis consumer and those on-the-go.
  • Fizzy Tabs will initially launch featuring three iconic Mary Jones flavors including MF Grape, Green Apple, and Fufu Berry.
  • Powered by Jones Soda's reputation for flavor innovation and iconic brand persona, Mary Jones was the first non-alcoholic CPG brand to crossover into cannabis with its 2022 debut in California.

SBE AND C3 FOUNDER SAM NAZARIAN ACQUIRES KITCHEN UNITED'S IP & GHOST KITCHEN RELATED ASSETS AND ANNOUNCES THE NEW HOLDING COMPANY EVERYBODY EATS, A PREMIUM QSR AND CPG BRAND COMPANY COMPRISED OF C3, NEXTBITE AND KITCHEN UNITED

Retrieved on: 
Thursday, March 14, 2024
Element, SBE, Millennials, Latinx, Partnership, Education, Sale, Acquisition, Generation Z, AI, Food, Cheese, Everybody Eats PDX, CPG, Investment, IP, Kitchen United, Asset, QSR, Nathan's Famous, Supermarket, Magnus, Restaurant

MIAMI , March 14, 2024 /PRNewswire/ -- Sam Nazarian, CEO and Founder of sbe and Everybody Eats, announces today the acquisition of certain assets related to IP and ghost kitchens of Kitchen United, the virtual commissary operator that traditionally combined elements of delivery technology, real estate, and virtual restaurant brands in its operations model. Coupled with the acquisition of Nextbite in 2023 and Nazarian's C3–which has been simultaneously, systematically and broadly bringing together technology, underutilized retail, hotel and kitchen spaces and world-class culinary talent to disrupt the food & beverage industry by capitalizing on rapidly evolving customer preferences since 2019-Nazarian announces the new holding company and entity, Everybody Eats.

Key Points: 
  • Everybody Eats is a CPG and culinary brands company connecting new audiences through food brands in exclusive arrangements.
  • Sam Nazarian, Founder and CEO, Everybody Eats & sbe stated, "I cannot begin to describe the excitement I have in announcing Everybody Eats- our new company built upon C3 and the acquisitions of Kitchen United assets and Nextbite.
  • With the sale of ghost kitchen assets to C3, Kitchen United will seek to pivot to a software business.
  • These two partnerships aim to show sbe and Everybody Eats commitment to expanding and connecting food and hospitality with the Hispanic community.

Lithium South Completes 400 Meter Pumping Well at Alba Sabrina

Retrieved on: 
Thursday, March 14, 2024
Lithium, Temperature, CPG, National instrument, Porosity, Public Storage

VANCOUVER, B.C., March 14, 2024 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) Lithium South Development is pleased to announce the completion of the first pumping well at the 2,089-hectare Alba Sabrina claim block located in Salta Province, Argentina.

Key Points: 
  • VANCOUVER, B.C., March 14, 2024 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) Lithium South Development is pleased to announce the completion of the first pumping well at the 2,089-hectare Alba Sabrina claim block located in Salta Province, Argentina.
  • The Alba Sabrina claim is the largest of the five, salar located claim blocks which total 3,287-hectares of the 5,687-hectare Hombre Muerto North Lithium Project (HMN Lithium Project) package.
  • Pumping well PW23-AS-02 has been completed to 400 meters of depth and has encountered sand layers as the dominant texture throughout.
  • "We are excited to announce the successful drill completion of pumping well PW23-AS-02 to 400 meters of depth," states Adrian Hobkirk, CEO at Lithium South Development.

MARS POWERS PACKAGING PROGRESS WITH DIGITAL TRANSFORMATION

Retrieved on: 
Wednesday, March 13, 2024
Qi, Science, Recycling, Name, Human, Food, CPG, M&M, Investment, Plastic, Heart, Digital technology, Multimedia

CHICAGO, March 13, 2024 /PRNewswire/ -- Mars has announced a new collaboration with engineering software giant, Ansys, that will see the multinational manufacturer adopt simulation software primed to reimagine the packaging innovation process at Mars through digital technology.

Key Points: 
  • Mars use of this revolutionary simulation technology has already reduced the quantity of plastics purchased by Mars for testing by approximately 246 tons.
  • Collaboration with Ansys engineering software builds on Mars' heritage of packaging innovation and will help Mars achieve its ultimate aim of using 100% reusable, recyclable or compostable packaging for its products.
  • CHICAGO, March 13, 2024 /PRNewswire/ -- Mars has announced a new collaboration with engineering software giant, Ansys, that will see the multinational manufacturer adopt simulation software primed to reimagine the packaging innovation process at Mars through digital technology.
  • "In the world we want tomorrow, no packaging becomes waste," said Qing Qi, VP R&D global innovation, Mars Snacking.

Lexitas Announces Appointment of Nishat Mehta as Chief Operating Officer & President

Retrieved on: 
Wednesday, March 13, 2024
The NPD Group, Dunnhumby, Organization, MicroStrategy, Growth, Insurance, CPG, Kroger, Mathematics, IRI, Mehta, Harvard University, Multimedia

HOUSTON, March 13, 2024 /PRNewswire/ -- Lexitas, a leading provider of technology-enabled litigation services and a portfolio company of funds advised by Apax, is pleased to announce the appointment of Nishat Mehta as Chief Operating Officer & President.

Key Points: 
  • HOUSTON, March 13, 2024 /PRNewswire/ -- Lexitas, a leading provider of technology-enabled litigation services and a portfolio company of funds advised by Apax, is pleased to announce the appointment of Nishat Mehta as Chief Operating Officer & President.
  • "Nishat is a successful senior executive with deep experience delivering client value and developing new revenue streams in tech-enabled businesses globally.
  • He excels tying innovative solutions to customer needs that deliver on their business goals" said Gary Buckland, CEO of Lexitas.
  • Prior to joining Lexitas, Nishat Mehta was most recently President of Global Products & Solutions for Circana, a company formed from the merger of IRI and The NPD Group.

Caldic Announces A Strategic Partnership With Celesta To Bring Sleep And Stress Reduction Ingredient Blends To The USA and Canada

Retrieved on: 
Tuesday, March 12, 2024
Health, Nutrition, Relaxation, Capsule, MISSISSAUGA, Partnership, Sleep, Mental health, Food, CPG, Drink, Fine chemical

MISSISSAUGA, ON , March 12, 2024 /PRNewswire-PRWeb/ -- Caldic North America has announced a strategic partnership with Celesta Company LLC, a leading formulator of science-based stress reduction and sleep-promoting ingredient blends. This collaboration will further expand Caldic's portfolio through the introduction of Celesta's proprietary ingredient blends and technologies designed to enhance sleep, mood, and relaxation, including the SlumberMor™ and RnRMor™. This new offering will enable the delivery of value-added solutions and help drive innovation in the food, beverage, snack, and pet food industry. Caif Nutrition – the division of Caldic North America specializing in functional and nutritional ingredients – will market the complementary portfolio in the United States and Canada.

Key Points: 
  • Caldic has entered into a strategic partnership with Celesta, a leading formulator of science-based stress reduction and sleep-promoting ingredients.
  • MISSISSAUGA, ON , March 12, 2024 /PRNewswire-PRWeb/ -- Caldic North America has announced a strategic partnership with Celesta Company LLC, a leading formulator of science-based stress reduction and sleep-promoting ingredient blends.
  • "We are excited to enter into this partnership with the talented team at Caldic", said Dave Lafond, Celesta CEO.
  • Celesta has developed proprietary herbal ingredient blends that target well-being, addressing in particular sleep induction, sleep duration, stress reduction, body recovery, and mood stabilization.

VTEX Recognized as a Leader in two IDC MarketScape reports on Digital Commerce for Midmarket Growth and a Customers' Choice by Gartner®

Retrieved on: 
Tuesday, March 12, 2024
Customer, ROI, TEI, Digital, IDC, B2C, CPG, Human voice, Commerce, B2B, USD, Marketing, Online shopping

NEW YORK, March 12, 2024 /PRNewswire/ -- VTEX (NYSE: VTEX), the composable and complete commerce platform for premier B2C and B2B brands, has garnered recognition from industry experts in just the first few months of 2024, which we believe solidifies our position as a global leader shaping the future of digital commerce:

Key Points: 
  • VTEX named a 'Leader' in IDC MarketScape: Worldwide B2C Digital Commerce Platforms for Midmarket Growth 2024 Vendor Assessment (doc #US50626123, January 2024): VTEX is the highest rated 'Leader' among 25 digital commerce vendors evaluated in the report.
  • VTEX, and its pragmatic composability approach to digital commerce, is recognized for its versatility across various industries, including retail, CPG, grocery, manufacturing, distribution, and others.
  • These reports follow the September 2023 Total Economic Impact™ Of The VTEX Digital Commerce Platform (TEI) study conducted by Forrester Consulting on behalf of VTEX.
  • Some of the enterprise brands that are ushering in a new era of digital commerce as new VTEX clients in 2023 include:

Lotlinx Names Co-Founder And Vice Chairman Jason Knight as Next CEO

Retrieved on: 
Tuesday, March 12, 2024
Growth, AI, Digital, CPG, News, Publication, Drink, Machine learning, Management

PETERBOROUGH, N.H., March 12, 2024 /PRNewswire/ -- Lotlinx, the auto industry's leading VIN-specific data company for dealership inventory management, announced today that co-founder and vice chairman, Jason Knight, has been named CEO of the company. Knight replaces Len Short, who will now focus exclusively on overseeing product development strategies.

Key Points: 
  • Knight replaces Len Short, who will now focus exclusively on overseeing product development strategies.
  • Knight's focus on advanced data, AI and machine learning will serve as the backbone of driving Lotlinx's success in the industry.
  • "We are excited to announce the appointment of Jason as our new chief executive officer, said Len Short, chairman and former CEO of Lotlinx.
  • He previously served as a director of the Oakland Zoological Foundation, GEQ Capital, Lactalis American Group, HMR Foods and Boston Reed.