Snack

Utz Brands Announces Continued Acceleration of Supply Chain Transformation Strategy and Completes Term Loan Repricing

Retrieved on: 
Thursday, April 18, 2024

This follows a separate transaction in February 2024, in which Our Home purchased three manufacturing facilities and two brands from Utz.

Key Points: 
  • This follows a separate transaction in February 2024, in which Our Home purchased three manufacturing facilities and two brands from Utz.
  • Following the closing of the transactions, Utz and Our Home will operate under a Transition Services Agreement for up to 12 months.
  • Utz announced today that it has successfully completed a repricing of its $630 million Term Loan (“Term Loan”) due in January 2028.
  • There are no changes to the maturity of the Term Loan following this repricing and all other terms are substantially unchanged.

Jack Link’s Protein Snacks® Introduces A Bold and Spicy Twist with New Bloody Mary Mixes

Retrieved on: 
Tuesday, April 16, 2024

Jack Link’s, a leading provider of meat snacks, is proud to announce the launch of its latest innovation: Jack Link’s Bloody Mary Mix.

Key Points: 
  • Jack Link’s, a leading provider of meat snacks, is proud to announce the launch of its latest innovation: Jack Link’s Bloody Mary Mix.
  • View the full release here: https://www.businesswire.com/news/home/20240416943677/en/
    Jack Link’s Protein Snacks® Introduces A Bold and Spicy Twist with New Bloody Mary Mixes (Photo: Business Wire)
    Available in three delicious flavors, Jack Link’s Bloody Mary Mix offers something for every palate:
    Original: Bold yet approachable with a perfect balance of tomato spices, natural heat, and a hint of smoke flavor.
  • “We’re excited to introduce our new Bloody Mary Mix, a bold new addition to our lineup that brings together the best of both worlds - our iconic meat snacks and the classic Bloody Mary cocktail.
  • “With our unique blend of flavors including Original, Dill and Habanero, we’re confident that Jack Link’s Bloody Mary Mix will become a staple at brunch tables and cocktail bars everywhere.”
    Jack Link’s Bloody Mary Mix is available for purchase nationwide, including at JackLinks.com .

Green Circle Life Expands Availability of Healthy Weight for Life Program for the SmartFHR™ Platform

Retrieved on: 
Tuesday, April 16, 2024

HWFL is an employer-offered weight management program designed to work with individuals to set realistic goals, attain and maintain their desired weight through lifestyle changes.

Key Points: 
  • HWFL is an employer-offered weight management program designed to work with individuals to set realistic goals, attain and maintain their desired weight through lifestyle changes.
  • The program, which provides private, personalized coaching, encourages users to engage in physical activities, nutritional adjustments and monitor weight outcomes.
  • Dinesh Sheth, founder and CEO of Green Circle Life, emphasized, “Health and wellness are at the forefront of HR challenges, and obesity is a national epidemic.
  • Healthy weight is not a 'one and done' 'one size fits all' proposition but rather a constantly evolving journey.

BARK Introduces New Era of Travel Made for Dogs with the Launch of BARK Air

Retrieved on: 
Thursday, April 11, 2024

BARK, Inc. (NYSE: BARK) (“BARK” or the “Company”), a leading global omnichannel dog brand with a mission to make all dogs happy, today announced it has partnered with a jet charter company to launch BARK Air.

Key Points: 
  • BARK, Inc. (NYSE: BARK) (“BARK” or the “Company”), a leading global omnichannel dog brand with a mission to make all dogs happy, today announced it has partnered with a jet charter company to launch BARK Air.
  • BARK Air is the world’s first air travel experience designed specifically for dogs first, and their human companions second, enabling them to travel together comfortably and conveniently.
  • Too often, dogs are denied travel, confined to a duffle bag, or endure the stress of flying in cargo.
  • BARK Air exemplifies BARK’s dog-first mentality and award-winning customer experience, setting a new standard for dogs who love to travel but have been forced to settle for less-than-ideal traveling conditions.

Rap Snacks Joins Forces with Hip Hop Superstars, Quavo and Parlae, to Support Huncho Elite 7v7 Program and 7th Annual Huncho Day

Retrieved on: 
Thursday, April 25, 2024

ATLANTA, April 25, 2024 /PRNewswire/ -- Rap Snacks, the "Official Snack Brand of Hip Hop" and its nonprofit organization, the Rap Snacks Foundation, has joined forces with hip hop superstars and co-owners of the Huncho Elite 7v7 Program, Quavo (The Migos) and Parlae (Dem Franchize Boyz), to help young athletes unlock their potential  and guide them toward success on and off the field. Designed to mentor, motivate and develop youth, while teaching and coaching the game of 7v7 football, the Huncho Elite 7v7 Program provides resources, scholarships and opportunities for players as well as the guidance they need to excel in life. The partnership with Rap Snacks and the Rap Snacks Foundation, through its Boss Up initiative, adds a pivotal layer of entrepreneurship training to the program that will provide guidance on personal branding, financial literacy, marketing, and media training. Most importantly, the partnership will help Huncho Elite players prepare for, and properly monetize l Name, Image and Likeness (NIL) deals, potentially, coming their way.

Key Points: 
  • Most importantly, the partnership will help Huncho Elite players prepare for, and properly monetize l Name, Image and Likeness (NIL) deals, potentially, coming their way.
  • "I am incredibly proud to partner with Quavo and Parlae in support of the Huncho Elite 7v7 youth football program," shares Rap Snacks Founder  and CEO, James Lindsay .
  • On behalf of Quavo, Parlae and the Huncho Elite 7v7 team, we are super excited to partner with Rap Snacks and the Rap Snacks Foundation on empowering our young athletes on and off the field," confirms, Renisha Gleaton, president and operations manager of the Huncho Elite 7v7 Program.
  • For more information on Rap Snacks, visit www.RapSnacks.net , and for the Rap Snacks Foundation, visit www.TheRapSnacksFoundation.org .

REI Path Ahead Ventures celebrates 16 emerging companies bringing new innovations and perspectives to the outdoor industry

Retrieved on: 
Thursday, April 25, 2024

SEATTLE, April 25, 2024 /PRNewswire/ -- REI Path Ahead Ventures is celebrating 16 emerging companies completing its Embark program, bringing the latest products and experiences to the outdoor industry. Embark is a three-month curriculum created in partnership with Founded Outdoors to support founders of color as they turn their early-stage ideas into viable businesses.

Key Points: 
  • SEATTLE, April 25, 2024 /PRNewswire/ -- REI Path Ahead Ventures is celebrating 16 emerging companies completing its Embark program, bringing the latest products and experiences to the outdoor industry.
  • The Embark program is part of REI Path Ahead Ventures, the co-op's $30 million organization and investment fund to accelerate the success of founders of color in the outdoor industry.
  • "Path Ahead Ventures is focused on supporting founders at every stage of their entrepreneurial journey," said Dan Kihanya, director of REI Path Ahead Ventures.
  • In addition to Embark, Path Ahead Ventures provides direct equity investment and dedicated support for founders through its investment fund .

Marymount University and Placemakr Introduce Amazon's Just Walk Out Technology at Marymount Ballston Property

Retrieved on: 
Thursday, April 25, 2024

ARLINGTON, Va., April 25, 2024 /PRNewswire/ -- Marymount University and Placemakr, a flexible-use hospitality and multifamily operator, announce the grand opening of the Saints 24 convenience store at the Marymount Ballston Center campus. This store marks the first use of Amazon's Just Walk Out technology at a Placemakr property and the second installation at Marymount University. Introducing this innovative solution showcases Marymount's continued collaboration with best-in-class partners to provide exemplary service to students and guests and Placemarkr's commitment to innovative tech solutions that enhance the guest experience.

Key Points: 
  • This store marks the first use of Amazon's Just Walk Out technology at a Placemakr property and the second installation at Marymount University.
  • "We are proud to lead once again the charge of incorporating Amazon's Just Walk Out technology at Marymount University.
  • In support of our extended stay hotel, Placemakr Marymount Ballston, and collaboration with our partners, our Ballston Center campus will utilize this technology to improve selection and enhance the experience of our students and guests," said Dr. Irma Becerra, President of Marymount University.
  • The event will feature remarks by Marymount University Board of Trustees Chairman Peter Converse, Marymount University President Dr. Irma Becerra, and Placemakr CEO and Co-Founder Jason Fudin.

All Y'alls Foods Debuts Charming Mascot Plus New Customer Program to Reward Good Deeds

Retrieved on: 
Thursday, April 25, 2024

NEW YORK, April 25, 2024 /PRNewswire/ -- Introducing Luna the Longhorn With a nod to their Texas roots, while looking ahead to a healthier, more sustainable way of living, All Y'alls Foods is thrilled to introduce Luna the Longhorn as their official mascot. Luna might seem like a bright-eyed, cheerful gal, but her life wasn't always carefree. As her story goes, this bovine was raised for traditional agriculture — in other words, destined for slaughter. Fortunately, a compassionate couple at auction noticed her potential as a kind, gentle soul and rescued her. Luna now enjoys life in happier pastures as an ambassador of strength and resilience, inspiring people along their journeys of compassion and saying that transformation is always possible and worth it. 

Key Points: 
  • All Y'alls Foods, a mission-driven plant-based protein brand based in Texas, debuts its new mascot, engaging rewards program, first-ever cookbook, and latest product.
  • As her story goes, this bovine was raised for traditional agriculture — in other words, destined for slaughter.
  • All Y'alls Foods will release their first-ever cookbook on May 18th in honor of the company's 6th anniversary.
  • Fans can expect a protein-packed, crowd-pleasing new flavor, and cheese lovers should pay special attention to All Y'all's newest culinary innovation.

Chipoys Sets Sights on European Expansion with Strategic Partnership Expansion and Local Production

Retrieved on: 
Tuesday, April 23, 2024

NEW YORK, April 23, 2024 /PRNewswire/ -- Chipoys, a leader in the spicy snack market, is thrilled to announce its expansion into the European market. Chipoys is deepening its partnership with Chef Sam and joining forces with Apex Group to localize production and distribution. This move marks a significant step in Chipoys' mission to bring its unique spicy rolled corn snacks to a broader audience, capitalizing on the growing trend for bold flavors in Europe.

Key Points: 
  • Chipoys is deepening its partnership with Chef Sam and joining forces with Apex Group to localize production and distribution.
  • Michael Berro , Co-Founder and CEO of Chipoys, said, "Our further expansion into Europe marks a pivotal moment in Chipoys' history.
  • This strategic decision, supported by Chipoys' partnership with Apex—the leading snack manufacturer in Spain—ensures that Chipoys can adapt its flavors and formats more quickly and efficiently to meet local tastes.
  • This approach supports local production and aligns with Chipoys' dedication to innovation and community involvement.

Life Cycle Analysis by Planet FWD Defines Sustainability of COMET's Arrabina™ Prebiotic Fibers

Retrieved on: 
Monday, April 22, 2024

SCHAUMBURG, Ill., April 22, 2024 /PRNewswire/ -- On this Earth Day, COMET, manufacturer of Arrabina™ dietary fibers, announces results of a life cycle analysis (LCA) that highlights the efficacy of their sustainable practices and the reduced carbon footprint of upcycled ingredients.

Key Points: 
  • This assessment undertaken by Planet FWD , a leader in the LCA industry, measured the complete cradle-to-gate life cycle of the ingredient with a comparison of Arrabina™ to chicory root-based inulin and other similar dietary fibers.
  • (See Image 2)
    Using Arrabina™ in consumer products can reduce emissions, contributing to the overall sustainability of the product life cycle.
  • Andrew Richard, COMET Chief Technology Officer, is the innovator of the upcycling technology that brought Arrabina™ dietary fibers to market.
  • This comparison references Product LCA cradle-to-gate analysis conducted by Planet FWD on November 2, 2023 and has been reviewed for comparable units of analysis, scope, and methodology.