5@5: Online grocer Thrive Market matures | Campbell's says GMO labels 'a simple question of transparency'
Each day at 5 p.m. we collect the five top natural news headlines of the day, making it easy for you to catch up on today's most important natural products industry news.
March 28, 2016
Thrive Market wants to build an online Whole Foods for people who aren't rich
The 17-month-old online retailer has 200,000 members and is on track to sell $10 million worth of products this month—five times as much as it sold in March of last year. It charges members and annual fee and then offers them wholesale prices on shelf-stable natural and organic products. But it's not yet profitable. Will it get there? Read more at re/code...
How purpose is informing transparency in the food industry
The vice president of corporate responsibility and sustainability at Campbell Soup Co. writes that, "The question is no longer if companies should disclose the details of food ingredients, but how." Maintaining that GMOs are safe, he says "it's a simple question of transparency." Read more at Huffington Post...
Kombucha brand bottles investment
Health-Ade has locked in a Series B investment led by CAVU Venture Partners to help it scale and expand distribution of its Non-GMO Project verified, organic kombucha. Read more at Food Business News...
How General Mills plans to reinvent itself
Amid an 8 percent decline in sales last quarter is a bright spot for General Mills: its natural and organic business is seeing double-digit net sales growth. Read more at Inc...
The popularity of private labels over national brands
Increasing interest in private label products picked up around the time of the economic recession of 2008 and has not lost steam. Read more at Abasto...
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