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Nounós Creamery closes funding round led by AccelFoods

The new funds will accelerate Nounós Creamery’s growth by allowing the brand to acquire key hires, amplify marketing support to bolster consumer awareness and increase R&D support for new product innovation.
September 12, 2019
Nounós Creamery, Southampton, N.Y., closed a funding round led by AccelFoods, New York.
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Harbor Wholesale Foods acquires portion of Food Services of America

Harbor will assume a portion of the customer base currently served by the Kent facility, including roughly 1,700 independent restaurant operators throughout 10 counties in Western Washington.
September 11, 2019
Harbor Wholesale Foods, Lacey, Wash., acquired a significant portion of Food Services of America’s (FSA) Seattle, Wash., business, including its 250,000-square-foot distribution facility in Kent, Wash.
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Research shows 75% of companies believe investing in ground transportation directly supports growth

Companies are increasingly viewing ground transportation as being more than a tactical commodity, with 71% now considering it to be a strategic component of their businesses.
September 11, 2019
Nearly 83% of businesses are willing to pay more for better and value-added services as long as they provide a measurable return on their investment, according to a research report released by DHL, Westerville, Ohio.
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Report: Traditional grocery channel still commands largest share of sales

However, that share is shrinking, as traditional grocery continues to lose share to non-traditional grocery channels.
September 11, 2019
Inmar Analytics, Winston-Salem, N.C., released Inmar Analytics 2019 Future of Food Retailing Report, which provides a detailed look into the food retailing industry to identify and quantify market dynamics, trends and behaviors.
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Food Marketing Institute, SABER partner to develop business status reporting system for crisis management

SABER saves FMI members time, improves timeliness and accuracy of information and reduces gaps, overlaps and inconsistencies to prioritize response decisions.
September 11, 2019
Food Marketing Institute (FMI), Arlington, Va., joined forces with SABER, the Single Automated Business Exchange for Reporting, to offer food retailers a streamlined system for identifying a store’s business status following a natural disaster or other crisis event.
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Study: Global frozen bakery market to reach $21,891.6M by 2022

Pizza crust is expected to reach nearly $4,500 million in revenue by the end of 2022, with frozen bread being the second largest revenue-generating product.
September 11, 2019
The global frozen bakery products market is expected to witness sluggish growth, registering 3.1% CAGR between 2017-2022, according to the latest report by Fact.MR, Rockville, Md.
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