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Forward Greens CEO: We are getting ready to massively expand in the next few months

Forward Greens CEO: We are getting ready to massively expand in the next few months Pacific Northwest hydroponic vertical farming startup Forward Greens is deploying what CEO and founder Ken Kaneko believes is an easy to replicate, scalable, and financially sustainable business model for the booming indoor vertical farming industry. Fortune Business Insights estimates that the global vertical farming market will be worth $12bn by 2028, growing at a compound annual growth rate of 24.8%. In the past few years, indoor farming companies growing leafy greens such as Plenty, Gotham Greens, Kalera, and Bowery Farms have attracted hundreds of millions of dollars in funding.

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Clif Bar adopts ambitious transformation to expand portfolio, consumer-reach & sustainability

Less than a year after taking the helm at Clif Bar & Co., new CEO Sally Grimes is spearheading the company’s first transformation in 30 years with an ambitious goal to double its business to $2 billion and double its positive impact on the world. To do this the company is embracing a new structure that will allow it to more quickly identify and meet the evolving needs of consumers and appeal to a broader shopper base with timely, innovative launches in new categories for more eating occasions, Grimes told FoodNavigator-USA. The company also will adopt a more balanced marketing mix to build brand awareness beyond its loyal core consumers of athletes and weekend warriors who rely on its energy bars to fuel their active lifestyles, Grimes added.

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Hormel Foods appoints new VP of grocery to lead Planters acquisition deal

Hormel Foods appoints new VP of grocery to lead Planters acquisition deal Hormel Foods Corporation has added appointed a new VP of grocery products to lead the integration of Planters and Corn Nuts into its brand portfolio. The company appointed Jeff Frank, who currently serves as VP marketing for Hormel Foods foodservice business, as VP of it grocery products. In his new role, Frank will lead the strategic integration of the Planters and Corn Nuts brands into the Hormel Foods business, which is expected to be completed by summer 2021. Earlier this month, Kraft Heinz announced the sale of its nuts business (which includes most products sold under the Planters brand including single variety, mixed nuts, trail mix, Nut-rition products, Cheez Balls, Cheez Curls, and Corn Nuts branded products) to Hormel for $3.35bn.

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Walmart bets big on automation and supply chain capabilities: Our automation plan is now ready to scale

Walmart generated a record $152.1bn in sales, an increase of $10.4bn or +7.3%, in Q4 (13 weeks ended Jan. 29, 2021). Looking towards FY22, the retailer said it will be investing heavily in its “next generation business model” to fuel further growth.

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Healthy Snack Market 2021 Global Share, Market Growth, Trend, Segmentation, Top Key Players Analysis Industry, Opportunities and Forecast to 2027

Healthy Snack Market 2021 Global Share, Market Growth, Trend, Segmentation, Top Key Players Analysis Industry, Opportunities and Forecast to 2027
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