Kroger/Albertsons vs The FTC: What Happens Next?
As speculated last week, the next challenge for the proposed $24.6 billion merger between Kroger and Albertsons is coming from the federal government.
As speculated last week, the next challenge for the proposed $24.6 billion merger between Kroger and Albertsons is coming from the federal government.
Suja Life, the parent company to Suja Organics and Vive Organics, announced today it has appointed Maria Stipp as its new CEO, effective Feb 20, while current chief executive, Bob DeBorde, moves into retirement.
After assessing its first year on shelves, Gorgie has realigned its distribution strategy to seek out the “stickiest” sales channels, a road that’s taken the female-focused energy drink back towards e-commerce.
Instacart is facing a pair of lawsuits from disgruntled shareholders seeking to recover damages for losses incurred after the online shopping platform allegedly knowingly exaggerated its growth prospects.
When customers told Moshi that it wanted a low sugar, canned alternative to its Asian-inspired sodas in glass bottles, it listened. The Brooklyn-based brand’s new line of flavored sparkling waters launch on February 1 in four flavors – Asian Pear & White Miso, White Peach & Yuzu, Fuji Apple & Concord Grape and Honeydew Melon & Cream.
New York-based startup Moss has a new celebrity face behind its vibrantly colored bottles, this morning unveiling Black Panther and Creed star Michael B. Jordan as its co-founder.
BevNET Live Winter 2023 began today with wide ranging discussions led by beverage business entrepreneurs, investors, experts, distributors, retailers and more. Today’s panelists worked to summarize the state of the market, share valuable learnings for early stage brands and give a look into how to build, scale, finance and grow within the current industry climate.
Ahold Delhaize is offloading its online New York City grocery delivery business FreshDirect to Turkish startup Getir, the company announced this morning. The move comes as Ahold aims to focus investments on its omni-channel businesses, which the company described as its “biggest growth opportunity.”
Montreal-based manufacturing and tech company Relocalize has the capacity to operate over 100 fully autonomous micro-manufacturing facilities within the next three years, said co-founder and CEO D. Wayne McIntyre.
Gnubees believes its better-for-you, juice-adjacent kids drinks have a path towards capturing a significant piece of the category, and it is eyeing the convenience channel as its route to get there.
The Coca-Cola Company reported net revenue growth of 8% during Q3, leading the company to raise its full year topline and bottom-line guidance.
After working for nearly seven years developing the technology to “craft a more sustainable sip,” Massachusetts-based Zenso Labs is toasting to its success. Last week, the company announced its entry into the beverage industry via two alcoholic RTDs – a Pear Ginger hard seltzer and a canned Moscow Mule.
Flow Beverage will be filling a few extra TetraPak’s ahead of the planned divestment of its Aurora, Ontario production facility. The company announced today it signed a new co-packing agreement with beverage brand Joyburst that will see 15 million Joyburst Hydration branded beverages produced from the facility each year.
Seven months after hitting Target stores nationwide, WithCo Cocktails has found more company in the grocery channel. This week, WithCo announced it is rolling out nationwide at Sprouts Farmers Market stores. Read the full roundup for more distribution news from Illicit Elixirs, Fever-Tree, Oatly, Shroomi and Odyssey.