SKU, the nation’s first accelerator for consumer packaged goods (CPG), is accepting applications for its Spring 2024 track here. Ideal candidates are market-validated companies with compelling founders and innovative products in hot categories, including food and beverage, pet care, beauty, and apparel. The application deadline is November 19. The cohort will kick off on March […]
ForceBrands joined forces with Project Potluck — a nonprofit on a mission to help People of Color (POC) build successful companies and careers in consumer packaged goods (CPG) — for an invite-only lunch during the week of Expo West. Hosted at the Hilton Anaheim, just steps from the trade show, more than 150 attendees from […]
It’s no secret that the teams powering today’s consumer brands do not reflect the diversity of American consumers. This disparity is largely attributed to the inherent bias in hiring, lack of access to capital for diverse founders, and “the networking gap,” just to name a few. Enter Project Potluck, a professional community founded by People of […]
The past few weeks have presented numerous challenges to businesses across CPG. As companies learn to navigate a new world amid a global pandemic, they’ve had to shift their business strategies and priorities. For some, this means pivoting their products and services to better serve the changing needs and lifestyles of their consumers. For others, […]
According to the Pew Research Center, millennials are poised to overtake baby boomers as the largest living adult generation sometime in 2019. By 2020, this group, which will then be in their prime spending years, will have a collective spending power of $1.4 trillion — a number that nearly every industry has noted. Born between […]
LinkedIn has become the driving force in connecting employers with potential employees and has exploded over the past couple of years. According to LinkedIn statistics, more than two users sign up to join the network each second. There is also an average of 100 job applications submitted monthly. LinkedIn allows recruiters to connect with members […]
The cannabis industry is showing impressive growth strides. In 2018 alone, sales of legal cannabis in the U.S. amounted to nearly $10 billion, according to FitSmallBusiness. The market is expected to continue growing at 21 percent per year and is anticipated to generate almost $23 billion by 2021. But even amid rapid growth, there remains a […]
No matter how vast it already seems to be, the food industry only keeps growing. According to a report by Grand View Research, the global food and grocery retail market size was valued at $8.77 trillion in 2015 and is expected to reach $12.24 trillion by 2020. That is a compound annual growth rate (CAGR) […]
It wasn’t long ago when scale defined the CPG landscape. Large companies across the beverage, food, and beauty industries sold more and grew faster than their smaller competitors. But as of 2017, things changed. For the first time, growth and sales volumes for multioutlet and convenience retailers dropped. Meanwhile, small companies continued to increase their […]
A company can offer stellar benefits and workplace perks, yet money is still the decisive factor in enticing top talent. Now more than ever, companies are aiming to provide competitive salaries and raises because, in contrast with the past years, it is now the candidate’s market. According to The Labor Department’s JOLTS report, for the […]