Heinz ketchup rival files for Chapter 11 bankruptcy
NegativeFinancial Markets

Atlantic Natural Foods LLC, a competitor in the plant-based food sector, has filed for Chapter 11 bankruptcy, highlighting the ongoing struggles of companies in this niche since the Covid-19 pandemic. This matters because it reflects broader challenges in the food industry, where many brands are finding it difficult to secure revenue and shelf space in grocery stores, potentially impacting consumer choices and market dynamics.
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