In this video from BevNET Live Winter 2018, Sarah Alderson, divisional merchandise manager of chilled packaged goods at Walmart, discusses how the retailer is embracing innovation and seeking to break its monolithic, low-priced reputation by opening the doors to startups and offering a powerful launchpad for maximizing a brand’s value.
In this clip from day one of BevNET Live Winter 2018, FORTO founder Neel Premkumar went deep into what’s worked for him, what hasn’t, and his advice to entrepreneurs on navigating the market with a fast-growing brand transitioning from small startup to a national player.
The HPP juice maker this month announced the opening of a 30,000 sq ft. production facility in the Melbourne, Penn. where the company will manufacture its juice products and which will handle all U.S. distribution when it goes online at February 1.
Venture capital fund AccelFoods announced today it is leading a planned $5.6 million round in Roar Organic. AccelFoods said it has committed $1.25 million, of which $625,000 has already been invested in the better-for-you sports drink. The full round is expected to close in the first week of January.
As dairy alternatives continue to rise new brands are rapidly entering the space, bringing with them disruptive innovations and unique platform propositions. But an influx also means brands have to work harder to differentiate and protect their corner of the grocery shelf. So the question becomes: how do you build the platform?
Snack and non-alcoholic beverages sales were up 4.1 percent in the four-week period ending on December 1, according to an analysis of Nielsen data by Wells Fargo Securities. The all channel report showed growing sales of carbonated soft drink (CSDs) across the category’s major players, including The Coca-Cola Company, PepsiCo, and Keurig Dr Pepper (KDP).
Cheribundi doubles its store count with Walmart to expand its 32 oz multi-serve cherry juice chainwide; Ugly Drinks partners with Rainforest Distribution to continue New York expansion; Sunshine Beverages reformulates to reduce sugar and builds out Southeast retail presence; CELSIUS partners with Anheuser-Busch and PepsiCo distributors.
Coca-Cola president and CEO James Quincey was today named the company’s new chairman, assuming the role from his predecessor as chief executive, Muhtar Kent. Kent, a 40-year veteran of the company, will remain as chairman until April when he will formally retire following the company’s 2019 annual meeting.
Hoplark HopTea claimed victory today in New Beverage Showdown 16 at BevNET Live Winter 2018, as the non-alcoholic hop-infused tea earned bragging rights and a $10,000 prize package.
Entrepreneurship is a journey, and the speakers on stage during the first day of BevNET Live Winter 2018 shared their personal stories of traversing the beverage industry. Speaking today in Santa Monica, Calif., industry leaders from emerging and established companies shared their insights into building a thriving beverage business in the current landscape.
GT’s Living Foods has revealed its next innovation within the emerging CBD beverage space: Dream Catcher, a new line of enhanced sparkling waters rolling out to stores later this month.
Yerbae, maker of a line of enhanced sparkling waters made with yerba mate, has raised $5 million in a round led by Arizona-based firm Zenfinity Capital. The investment will fund the company’s 2019 distribution expansion, which includes a partnership with New York metro distributor Big Geyser set to begin in January.
Nearly a year-and-a-half after launching in the U.S., British meal replacement powder brand Huel is releasing a line of ready-to-drink “nutritionally complete” beverages. The new products generated massive single day sales when they became available for pre-order online this week, according to the company.
Entrepreneur interviews Koia founder Chris Hunter on his journey from Four Loko co-founder to plant-based beverage maker; The Kombucha Shop wins investment on TV's Shark Tank; Forbes looks at the rise of sugar-free soda; Keurig partners with Anheuser-Busch for pod-based cocktail system
