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Impossible Burgers Are About To Get Much Cheaper in Stores


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Today, Impossible Foods announced that its retail prices will decrease by 20 percent over the next month. The new suggested retail price (SRP) of a two-pack of Impossible Burgers will be $5.49 (down from $6.99) and the SRP for a 12-ounce package of Impossible meat will drop to $6.99 (down from $8.99). While the prices at individual stores may differ, the move is meant to make plant-based meat more competitive with beef the average cost of which is approximately $4.80 per pound.
“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,” Impossible Foods President Dennis Woodside said. “Impossible products are becoming increasingly affordable, and this in turn is accelerating our rapid retail growth. It’s a virtuous cycle for our customers, consumers, and the planet.”  ....

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Impossible Foods cuts suggested food prices by 20% for grocery stores across U.S.


Impossible Foods cuts suggested food prices by 20% for grocery stores across U.S.
MarketWatch
2/2/2021
Video: Impossible Foods cuts prices 20% at grocery stores (Reuters)
Impossible Foods said Tuesday it is cutting suggested retail prices for its plant-based meat substitute products by 20% for grocery stores across the U.S. The privately held company said the move comes with sales at a record high. The company s products are available at 17,000 grocery stores in the U.S. The price cut will lower the suggested retail price for the Impossible Burger to $5.49 for patties and $6.99 for a 12-oz package, the company said in a statement. Impossible Foods 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, said the statement. Impossible Foods is introducing similar price cuts at stores in Canada, Singapore and Hong Kong and proposed cuts exceed 20% in som ....

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Dream Finders Homes Acquires Century Homes Florida, LLC


Dream Finders Homes Acquires Century Homes Florida, LLC
Dream Finders Homes, Inc.
Jacksonville, Florida, UNITED STATES
ORLANDO, Fla., Feb. 01, 2021 (GLOBE NEWSWIRE) Dream Finders Holdings LLC, a subsidiary of Dream Finders Homes, Inc. (NASDAQ: DFH), has closed, effective as of January 31, 2021, the acquisition of Orlando-based homebuilder Century Homes Florida, LLC from Tavistock Development Company. Recognized for superior craftmanship, ingenuity, and quality, Century Homes Florida currently operates in a variety of communities throughout Central Florida and has built more than 1,000 homes in the area.
The entire Century Homes Florida portfolio, including active Craft and Century Homes projects in Lake Nona’s Laureate Park, Oakley Place, Reserve at Pine Tree, Stonewood Estates Townhomes, and Wiregrass, along with their teams are part of the acquisition. ....

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