Traverse City Whiskey Co. has broken ground on a new 70,000 square foot distillery in hopes of turning Northern Michigan into a hub for whiskey in the Midwest.

Eastern Standard Provisions has completed a $13.5 million venture funding round with participation from Mondelēz International’s venture arm SnackFutures, bringing its total funding to date to $14.3 million, according to a form filed with the Securities and Exchange Commission last week.

A Washington, D.C. Circuit court panel sided with Albertsons on Tuesday refusing to impose an emergency pause on the grocery chain’s planned $4 billion shareholder dividend filed in the court a month and a half ago.

Southeastern Grocers Inc., the Florida-based operator of the Winn-Dixie and Harvey’s supermarket chains, could be up for sale soon.

Regenerative food companies are using a mix of environmental messaging and economic incentives to convince brewers and grain processors to adopt upcycling technology as a means of repurposing spent grain into human food production.

Monster Beverage Company reported +15.2% year-over-year sales growth in the third quarter, even as increased expenses and cost of goods continue to drag on the energy drink maker’s margins despite price increases.

One week after Kroger announced its plans to merge its business with Albertsons, opposition is growing amid antitrust concerns from stakeholders and government officials.

Monster Beverage Company confirmed its long-rumored entrance into beverage alcohol during its Q2 2022 earnings call on Thursday, announcing that Monster Beast Unleashed, a four-SKU line of flavored malt beverages (6% ABV) will launch in late Q4 2022 with the goal of being nationally distributed by the end of 2023.