O’Loughlin’s 25-year career in food and beverages began with stints at food giants Kraft and Quaker Oats, followed by a decade at Clif Bar, the last three years of which she spent as CEO.
Eleven years since the launch of 5-hour Energy, sales of the energy shots have made founder Manoj Bhargava a billionaire several times over. He’s already pledged to give the vast majority of that wealth to charitable causes before he dies. Now he’s using some of his money to fuel innovation that addresses global health and sustainability issues.
In a press release, True Drinks CEO Lance Leonard said the new partnership “allows True Drinks to focus resources on the sales and marketing of AquaBall Naturally Flavored Water and removes the capital-intensive process of procurement, transportation and manufacturing of our product.”
As for the hefty challenge of competing with Harmless Harvest or any of its distant second place contenders like UNOCO, Invo or Pure Brazilian, Sri Lanka Gold is looking to separate itself from the pack by hanging its hat on Sri Lanka’s orange (or “gold”) king coconut, indigenous to the island country.
All nine of the Bend, Oregon-based brand’s flavors are now available for purchase at CenturyLink Field’s new Grab and Go Market and Humm’s two best-selling flavors - Pomegranate Lemonade and Coconut Lime - are also available for sale on tap at the stadium.
Many beverage exhibitors at the 2015 NACS show indicated that convenience store operators are -- like their counterparts in grocery and club -- increasingly looking to add natural and better-for-you beverages to their shelves and coolers. It’s a trend that, for C-stores, has been bubbling at the surface for years, but appears to have achieved significant traction over the past 12 months.
Michael Burgmaier and Nick McCoy have left Silverwood Partners, where they led the consumer products practice for the last six years, to open Whipstitch Capital, a boutique investment bank focusing on the consumer products industry.
Premium water brand Voss has introduced its first flavored line extensions. Packaged in Voss’ cylindrical glass bottles, Lemon Cucumber and Tangerine Lemongrass joined the brand’s subset of sparkling waters.
In this photo gallery, we feature a range of new brands, products and design revamps that we encountered at the 2015 NACS Show, as culled from our Instagram feed.
The discontinuation of the concentrate formula comes as part of a greater revamp for the brand, which ZICO’s parent company, Coca-Cola, revealed in a press release Wednesday when previewing its participation at the National Association for Convenience Stores trade show in Las Vegas next week.
Peet’s is likely to lean on Stumptown’s proficiency in production and distribution of cold-brew coffee with an eye on launching its own ready-to-drink offering.
On display at the Baltimore Convention Center were a handful of seasonal items, which despite limited runs on shelves, still require a great deal of development and resources to come to market.
In a move indicating its continued vigilance of the kombucha category, the Alcohol and Tobacco Tax and Trade Bureau (TTB) has updated and consolidated information on its website regarding the production, labeling and sale of kombucha beverages.
On Wednesday morning, a room of food and beverage entrepreneurs gathered at WGBH Studios for FBU Boston, a one-day crash course on the food and beverage industry put on by the staff of BevNET and Project NOSH.