This week’s food business news:
Beyond Meat Goes Public with a Bang: 5 Things to Know About the Plant-based Meat Maker, Market Watch
Beyond Meat Inc., the company created by vegan Ethan Brown in 2009, raised nearly a quarter of a billion dollars to grow its line of plant-based meats, with shares rocketing in their public debut. The maker of the Beyond Burger, which is sold at Whole Foods and restaurant chain TGIF, among others, priced its initial public offering at $25 a share Wednesday evening, raising at least $240 million at a valuation slightly shy of $1.5 billion.
Whole Foods moving Northeast headquarters from Englewood Cliffs to Jersey City, New Jersey Record
Whole Foods Market will be moving its headquarters out of Englewood Cliffs and setting up shop in Jersey City. The organic supermarket chain owned by Amazon has signed leases with Mack-Cali Realty for a 47,398-square-foot office space for its new Northeast Regional headquarters. It will also open a new store not far from the Hudson River waterfront, according to Mack-Cali's first quarter report on Wednesday.
These Hip, Healthy TV Dinners Just Might Win Over the Sweetgreen Generation, Fast Company
TV dinners have always been frozen, but they’re about to get cool, too. Mosaic is a new startup shaking up the frozen meal industry with a line of healthy, vegetarian options that look more like what you would order at Sweetgreen than that Hungry-Man Salisbury Steak dinner lurking in your grandparents’ freezer.
This Entrepreneur Bet His Existing Business to Launch a Coffee-Shot Brand, Entrepreneur
When Neel Premkumar stumbled upon a market opportunity he believed could become a billion-dollar business, he bet his entire business on it. It's since paid off five-times over. That opportunity is providing caffeine in the form of two-ounce coffee shots with Premkumar's Forto (a take on the Italian word for strong) brand.
Episode 1 Building a Restaurant Business, But First: The Plan, Opening Soon Podcast
On the first episode of Opening Soon, Jenny Goodman and Alex McCrery, start at the top and deep dive into the components of a great business plan. The difference between a 6 month run and outlasting your 25 year lease starts with a clear path on how to get there. Their guests, Hugo Murray and Ryan Butler co-founders of Butler Bakeshop will help us understand the components to a successful starting point as well as when it’s OK to be flexible and when it’s important to not compromise.