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5@5: Hain Celestial audit finds no intentional wrongdoing | Dean Foods, Organic Valley form joint venture

Each day at 5 p.m. we collect the five top food and supplement headlines of the day, making it easy for you to catch up on today's most important natural products industry news.

Hain Celestial finds no wrongdoing after accounting review

The audit committee of the company's board of directors—along with external counsel—found "no evidence of intentional wrongdoing" related to accounting mishaps that delayed the reporting of Hain Celestial's fourth-quarter earnings. Read more at Newsday...


Dean Foods forms joint venture to grow Organic Valley brand

The initiative aims to bring more organic dairy to more retailers. Organic Valley will provide its portfolio of organic milk products while Dean will provide processing services and distribution through its refrigerated distribution network. Read more at Deli Market News...


Austin takes a bite out of food waste

On a mission to cut 90 percent of its waste by 2040, the city implemented an ordinance that requires large restaurants, grocery stores and hotels to divert waste from landfills. Organizations like Keep Austin Fed, Little Herds and Compost Pedallers are all part of the plan. Read more at National Geographic...


Mrs. Green's closing 5 stores; CEO out in shakeup

The parent company of the struggling New York-based natural retailer said that CEO Pat Brown is stepping down and that it's closing half of its stores to focus on "core stores" in its home market. Read more at Supermarket News...


A first-time entrepreneur at 56, Sequoia Cheney sold a stake in her raw food snack line for $2M

The founder of Wonderfully Raw Gourmet Delights sold a majority interest in her company to Fresca Foods last year. Here, she tells the story of how she got started and what she learned along the way. Read more at Forbes...

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