-
Starbucks To Offer Impossible Foods, Beyond Meat Products In 7 Asian Markets
Tuesday, September 8, 2020 - 3:50am | 327Starbucks Corporation (NASDAQ: SBUX) said Monday it would be adding new plant-based food and beverage options in select Asian markets this month. What Happened: The Seattle-based coffee chain will add foods sourced from Beyond Meat Inc (NASDAQ: BYND) and Impossible Foods in markets such...
-
Impossible Foods Raises $200M In Series G Funding, Aims To Develop New Product Lines Including Plant-Based Pork
Thursday, August 13, 2020 - 9:54pm | 385Plant-based meat company Impossible Foods Inc. announced Thursday $200 million in fresh funding that it plans to use to fuel expansion. What Happened The Series G funding round was led by New York-based technology sector hedge fund Coatue Management, the company said in a statement. The...
-
Impossible Foods' Plant-Based Burger To Debut At 2,100 Walmart Stores Across US
Thursday, July 30, 2020 - 10:12pm | 399Walmart Inc. (NYSE: WMT) will sell Impossible Foods’ burger at its stores across the United States, the latter announced Thursday. What Happened The plant-based "Impossible Burger" will be available in 12-ounce packages at 2,100 Walmart locations across the 50 states, as well as on...
-
Burger King Didn't Mislead Vegans, Vegetarians On 'Impossible Whopper,' Judge Rules
Wednesday, July 22, 2020 - 5:45am | 433A Florida district court on Monday dismissed a lawsuit against Restaurant Brands International Inc (NYSE: QSR) unit Burger King that alleged the restaurant chain deceived vegans and vegetarians, Reuters reported. What Happened The complaint filed in Fort Lauderdale, Florida,...
-
Beyond Meat To Make Chinese Retail Debut With Alibaba Partnership
Wednesday, July 1, 2020 - 1:56am | 343Beyond Meat (NASDAQ: BYND) is making its retail store debut in China in partnership with Alibaba Group Holding Ltd. (NYSE: BABA), MarketWatch reported Tuesday. What Happened The plant-based meat substitute maker's Beyond Burger will be available in 50 outlets of Alibaba's Freshippo...
-
After Starbucks Partnership, Impossible Foods CEO Says Meat Industry Will Be 'Completely Replaced' In 15 Years
Wednesday, June 24, 2020 - 6:27am | 331Impossible Foods Chief Executive Officer Patrick Brown on Tuesday told CNBC's Jim Cramer that the meat industry is due for a reckoning in the coming years. What Happened Brown claimed that the plant-based substitutes developed by the company match the protein quality and content of the animal-...
-
'Big Win' For Impossible Foods As Starbucks Adds Breakfast Sandwich To Summer Menu
Tuesday, June 23, 2020 - 1:11pm | 407Starbucks Corporation (NASDAQ: SBUX) launched a new breakfast sandwich Tuesday featuring plant-based food maker Impossible Foods, in a potential blow to rival Beyond Meat Inc (NASDAQ: BYND). What Happened: Starbucks is adding a new Impossible breakfast sandwich to its U.S. food menu...
-
Impossible Foods Scores Big Win In Legal Battle With Nestle
Monday, June 1, 2020 - 10:59am | 353Plant-based food maker Impossible Foods scored a big legal victory against food giant Nestle S A/S ADR (OTC: NSRGY), The Wall Street Journal reported. What Happened Nestle was ordered by a European court to rename its plant-based burger line "Garden Gourmet Incredible Burger." The...
-
Impossible Foods Slashes Prices By 15% On Average
Tuesday, March 3, 2020 - 12:44pm | 396The competitive environment within the plant-based food industry is likely to heat up after Impossible Foods said Tuesday it reduced wholesale prices by 15% on average. The Impossible Foods News Impossible Foods, the maker of the Impossible Burger, will lower the price it asks for plant-based...
-
Disney The Latest To Add Impossible Foods Plant-Based Burgers
Wednesday, February 26, 2020 - 11:10am | 415Walt Disney Co (NYSE: DIS) will host an event on Thursday to mark its new partnership with Impossible Foods. What Happened Impossible Foods will see its Impossible Burger featured across Disney's parks, resorts and cruise lines. Most notably, plant-based options will be featured inside Disney...
-
Cargill To Compete With Beyond Meat, Impossible Foods With New 'Fake Meat' Products
Monday, February 24, 2020 - 6:44am | 277Farming giant Cargill Inc. is entering the race to capture the plant-based meat market. What Happened The Minnesota-based company on Monday said that it would begin offering "fake meat" products in April, Reuters reported. Los Angeles-based Beyond Meat Inc. (NASDAQ: BYND) and...
-
Impossible Whopper Added To Burger King's '2 For $6' Deal Menu
Thursday, January 16, 2020 - 9:39am | 320Burger King's promotion of two items for $6 will now include its plant-based Impossible Whopper sandwich. The Restaurant Brands International Inc (NYSE: QSR) chain said the inclusion in the "2 for $6" will be available for a limited time at participating restaurants. The sandwich...
-
China's Beyond Meat Competitor Seeks $2M Funding, Eyes Local Meatless Market Ahead Of US Rivals
Monday, January 13, 2020 - 6:09am | 425Beijing-based plant-based meat maker Zhenmeat is seeking up to $2 million in funding from investors across the globe, as it tries to capture the rising demand for meat alternatives in China, the company's co-founder Vince Lu told Bloomberg in an interview on Monday. What Happened "If we...
-
Why Beyond Meat Now Has A Huge Opportunity At McDonald's
Tuesday, January 7, 2020 - 5:10pm | 325Beyond Meat Inc (NASDAQ: BYND) investors chewed up some more good news Tuesday afternoon. Reuters reported that Impossible Foods is no longer trying to win a deal to supply McDonald's (NYSE: MCD) with plant-based burgers, citing production constraints. “It would be stupid for us to be...
-
Impossible Foods To Launch Imitation Pork Products
Tuesday, January 7, 2020 - 12:27pm | 376Plant-based food maker Impossible Foods said Monday it will begin offering food products that mimic the texture and taste of pork. Impossible will soon launch imitation ground pork and sausage products made from soy, coconut oil and starch, according to The Wall Street Journal. The food will...