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5@5: Hain to release financial results by month's end | How NY's independent grocers survive

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 stock soars as filing reveals long-overdue financials coming this month

It's been more than a year since publicly traded natural and organic product company Hain Celestial reported financial results due to accounting issues it had discovered. But in a filing last week, Hain disclosed that it plans to file its results by the end of the month, as its internal accounting probe is nearly complete. Read more at CNBC...


We sold Sir Kensington's to Unilever to increase our impact

Unilever's global sustainability plan was one reason condiments startup Sir Kensington's began exploring a partnership with the multinational food company, "not to finish our story, but rather to write it more quickly," according to cofounder Mark Ramadan. "As we grow, we’ll be able to piggy-back on Unilever’s scale and access, while retaining all that makes us unique, like our supplier relationships, specific ingredients, and packaging." Read more at Food + Tech Connect...


How New York's independent supermarkets compete against the chains

Group buying and other programs run through consortiums like the Associated Supermarket Group are enabling neighborhood supermarkets to cater to the tastes of their neighborhoods and compete with online grocery. Read more at Crain's New York Business...


Charities are realizing that poor people also deserve healthy food

After decades of being dumping grounds for old canned food, bread and macaroni and cheese, many food pantries and soup kitchens are stepping up their standards. Feeding America just announced a plan to work with its food banks to offer more fruits and vegetables, whole grains and lean proteins to customers, in response to rampant diabetes and obesity rates, especially among low-income populations. Part of that program involves collecting unsold or unwanted produce from growers, as well as preserving fresh produce. Some food banks are also working on initiatives of their own. Read more at The Washington Post...


EPA names Boulder Clean Safer Choice Partner

The natural dish, laundry and cleaning products company—which is part of the 1908 Brands family—was named a 2017 Safer Choice Partner of the Year Award winner for the second year in a row. Read more at Gourmet Retailer... 

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