Close×

Pic’s Peanut Butter has partnered with Coles to launch its Peanut Butter Slugs – single-serve tubes of peanut butter designed for customer convenience.

Packaged in sealed foil tubes with easy-open spouts, the “slugs” each contain 30 grams of smooth peanut butter and will be sold in packs of six. According to Pic Picot, founder of Pic’s Peanut Butter, the product is “natural pocket fuel” for consumers on the go.

“At Pic’s we’re thrilled to have Coles supporting our mission to make healthy snacking easy and affordable for all Australians who are actively seeking more natural sources of food for their snacking options, without artificial additives or loaded with sugar.

“Convenience matters as people need to fit nutritional needs into their busy lives. We are truly excited to be introducing this unique offering into the Australian market,” he said.

The new Peanut Butter Slugs are sold exclusively at Coles alongside Pic’s smooth and crunchy 380g jars.

Food & Drink Business

Australian food processors are facing a growing commercial squeeze as major retail and foodservice customers want stronger environmental credentials from suppliers, while continuing to push hard on price. New modelling from the Australian Meat Processor Corporation (AMPC) shows Australia’s red meat processing sector could achieve net zero emissions by 2045 without sacrificing profitability.

Australian investment firm, Tundra Capital, has led a $2.4 million Series A raise for deep-tech company, N&E Innovations. The Singaporean company turns discarded food waste into an edible antimicrobial that can help fresh produce last up to four times longer.

Circana retail scan data shows sales of bottles of shiraz under $10, fell 8.3 per cent over the past year, but sales above $35 grew 6.9 per cent. According to the data, shiraz accounts for two in every five dollars spent on bottled red wine in Australia, which covers the year to 4 October 2026.