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Every week we track the business, tech and investment trends in CPG, retail, restaurants, agriculture, cooking and health, so you don’t have to. Here are some of this week’s top headlines.
In other news, we’ve wrapped the first season of our podcast in partnership with AgFunder: New Food Order, a nuanced investigation into the business of tackling our climate and social crises through food and agriculture. Read all about why we launched the podcast, and be sure to subscribe and share!
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Once valued at $2.3b,Bowery Farming will be ceasing all operations. The company would have turned 10 years next year, it raised a total of $700M and at its peak employed around 500 employees. The news follows Smallhold’s bankruptcy earlier this year.
Errol Schweizer critiques economic and policy challenges impacting food supply, labor, and retail, highlighting mass deportations, economic strain, Project 2025’s worker impacts, and Target’s grocery success.
During his term as president, Trump sold out the health of the American people and the livelihoods of family farmers to pad the profits of his cronies in the junk food, factory farming, pharmaceutical and pesticide industries.
Both candidates could have far-reaching impacts on food cos, from Trump’s plans to let RFK ‘go wild’ to Harris’ corporate tax rate increase.
If the US were to deport the 1.7m undocumented workers who help power its food system, trips to the supermarket will only get more expensive.
SCiFi Foods’ founders highlight lessons from their failed startup: prepare for acquisitions early, manage stakeholders transparently, prioritize deep early cuts, budget closure, and consider strategic alternatives.
Indian food-delivery platform Swiggy is seeking to sell shares for as much as 390 rupees each in an initial public offering that may raise $1.35b.
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Author Phoebe Tran
