Meatless Meat – Sizzle or Steak?
The meatless trend is sizzling hot, as plant-based burgers take the world by storm. But is this a passing fad or megatrend with long-term implications for Big Food and CPG? Beyond Meat ’s (BYND) IPO is the biggest newsmaker. On May 2nd, BYND began trading on the Nasdaq exchange; the first trade was at $46 which was 84% above…
Amazon takes aim at unprofitable items, big brands must comply
We’ve blogged previously about Amazon’s focus on growth over profits as well as the necessity for CPG companies to list products online. Changes are brewing, however. According to the Wall Street Journal (12/16/18), Amazon is “having second thoughts [about profitability]…and is pushing big brands to change how they use its site. Inside Amazon, the items…
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