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No-meat news: Impossible drops retail prices and Rebellyous rolls out new plant-based products

No-meat news: Impossible drops retail prices and Rebellyous rolls out new plant-based products February 2, 2021 at 3:11 pm Impossible Burgers in a grocery store. (Impossible Foods Photo) If you’re looking for the right time to introduce more meatless options into your diet, two food technology companies took different steps this week to make their products more appetizing. Impossible Foods, makers of the plant-based Impossible Burger patty, is cutting suggested retail prices by 20% for grocery stores throughout the U.S. The cuts bring the company’s suggested prices for Impossible Burger to $5.49 for patties and $6.99 for a 12-oz. package. Impossible said on-shelf prices may vary depending on location and retailer, but the company is “strongly encouraging” the roughly 17,000 grocery stores, supermarkets and retailers that sell Impossible Burger to pass the savings to consumers as soon as possible.

Impossible Foods Cuts Retail Prices

Digital Editor Impossible Foods encourages the roughly 17,000 grocery stores, supermarkets and retailers that sell the Impossible Burger to pass the savings to consumers as soon as possible. Thanks to its tremendous growth over the past year, plant-based meat maker Impossible Foods has achieved cost savings that it wants to pass along by cutting suggested retail prices by 20% throughout the United States. The alternative meat company is strongly encouraging the roughly 17,000 grocery stores, supermarkets and retailers that sell its signature product, the Impossible Burger, to pass the savings on to consumers as soon as possible.  “While we would not and could not require grocery stores to cut prices, grocery store customers and distributors are in fact consistently passing along our economies of scale to their own customers,” said Dennis Woodside, president of Redwood City, California-based Impossible Foods. “Impossible products are becoming increasin

Impossible Foods cuts grocery store prices 20%, to compete with the cow : president

Impossible Foods cuts grocery store prices 20%, to compete with the cow : president Alexis Christoforous The price of an Impossible Burger just got a little easier to swallow. For the first time, Impossible Foods is cutting prices of its plant-based meat at the grocery store by 20%.  Popular Searches The suggested retail price for an Impossible Burger will drop to $5.49 for patties and $6.99 for a 12 oz. package in about 17,000 U.S. grocery stores including Walmart (WMT), Kroger (KR), Safeway and Target (TGT). Similar price reductions are planned in Canada, Singapore and Hong Kong. Impossible Foods President Dennis Woodside told Yahoo Finance Live the company wants to eventually undercut ground beef prices, which currently retail for $2 to $3 a patty.

Dennis Woodside

ARRIS Group (NASDAQ: ARRS) said on Wednesday after the market close that it has struck a deal with Google (NASDAQ: GOOG) to acquire the Motorola Home Business for $2.35 billion in cash and stock. The company, which is a global innovator in broadband media technology, will purchase the Motorola Home. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:

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