Vividly’s Post

It’s this week in CPG! The town is abuzz with news that Kroger intends to acquire leading family-owned food and pharmacy retailer Giant Eagle, Inc. for $1.65B. Giant Eagle boasts approximately $9B in annual sales across 197 supermarkets and 11 standalone pharmacies. We’ll be following how this sale - which should close in 2027 - impacts the state of grocery. Obsessed with coffee but chronically overcaffeinated? Lowkey Coffee has entered the chat with a RTD decaf cold brew, available in two unsweetened varieties: Vanilla and Black. It’s an exciting addition to the growing Premium Decaf category. Uncle Matt's Organic from founder Matt McLean has expanded their offerings with new gallon and 8 oz. 24-packs of its Pulp Free Orange Juice especially for foodservice operators. We love a summer OJ moment. Jennifer Jorgensen, a 25 year veteran of General Mills, will officially be the new CEO of So Good So You, following her notable success as CEO of Back to Nature. So Good So You is a fast-growing organic wellness drink brand, boasting more than 5x growth over the past four years, and a recent majority stake acquisition from Bansk Group. Fabulous frozen empanadas from Latin Goodness Foods/MasPanadas may be coming your way. Maspanadas’ parent company Latin Goodness Foods announced that bite-sized empanada “Poppers” are coming to Walmart stores nationwide. Que delicioso. Nutrabolt, the energy drink and supplements company, has reportedly chosen their investment bank partners for an IPO that could raise up to $1B: JPMorgan, Goldman Sachs, and Bank of America. Nutrabolt is known for its energy drink C4 and nutrition brand Bloom. Hats off to all the brands landing new shelf space this week! Bunnie Cakes from founder Mariana Cortez debuted at 100+ Giant Food doors; Something & Nothing | B Corp™ is now at 200+ H-E-B locations in Texas; Milton's landed at Target stores; Gabrick BBQ Sauce Co. from Mark Gabrick is now available in all 247 World Market stores; and Kreatures of Habit from founder Michael Chernow dropped nationwide at Sprouts Farmers Market.

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Vividly Appreciate the CPG roundup and the shoutout!

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