Video: Ten Years of VEB
BevNET Live Summer 2017 got off to a billion-dollar start last month with a presentation from Scott Uzzell, president and general manager of The Coca-Cola Company’s Venturing & Emerging Brands division (VEB).
Brad Avery
Posts by Brad Avery
Press Clips: Bevi Raises $16.5M to Expand Business
Bevi raises $16.5M in Series B funding round; NFL wide receiver under house arrest claims kombucha caused him to fail court-ordered breathalyzer tests; Land O'Lakes seeks to restore dairy growth with startup accelerator; Popular Science explores food waste; ACON Investments acquires Borden Dairy
Congressman Wants Hearing on Amazon’s Whole Foods Deal
Speculation that Amazon’s purchase of Whole Foods might spark legal backlash came to fruition this week as U.S. Representative David Cicilline (D-RI), the top Democrat on the House of Representatives Judiciary Committee’s antitrust panel, called for the subcommittee to hold a hearing on the online retail giant’s latest acquisition.
Sol-ti Heads East with New Distribution
Looking to shine a bright light in the cold-pressed juice category, Sol-ti have already expanded from their native California into seven more states this year, with eyes on picking up another four or five by the year’s end.
People Moves: PepsiCo’s Khan Joins Indigo Board
Mehmood Khan joins Indigo Ag board of directors; Val Stalowir begins as new CEO of Reed's following founder's resignation; Mamma Chia hires new sales SVP; Mark Ellis moves on to next project with Rally; Caribou Coffee announces new CEO and President
Evy Tea Closes $1 Million Seed Round
Founded in 2014, Evy Tea’s ready-to-drink line is now available in roughly 500 stores throughout the Northeast, and Chen said she wants to dominate the region before expanding further. The company is currently in serious talks with several top beverage distributors.
Kohana Reinvents with Sales Team Shakeup
Kohana has had a reinventive year so far, hiring a new sales team, announcing an ambitious innovation pipeline, and a breaking ground on an expanded production facility expansion that will allow the cold brew coffee makers to produce its ready-to-drink coffees in-house with enough extra canning and retort space to rent out capacity to an outside co-packer.
Soylent Enters Retail with L.A. 7-Eleven Launch
After several months teasing that the brand would soon be available in retail outlets, Soylent today announced that it will be making its brick-and-mortar debut this month at 18 7-Eleven locations in Greater Los Angeles.
SFFS17: A Snackable Opportunity for Drinkable Soups, Yogurts
As consumers continue to seek convenience, nutrition, and satiation from their beverages, drinkable soup and yogurt brands are seeing opportunity in marketing their products as meal replacement drinks or in-between meal snacks.
Distribution Roundup: Dora’s Picks Up Vita Coco Coconutmilk
Dora’s Naturals named exclusive distributor of Vita Coco Coconutmilk in NYC; Veggemo enters 1,500 U.S. retailers; PhURE Water hits Idaho; KeHE to distribute organic kids’ water Wonder+Well; maker of Wild Tonic Kombucha partners With Quail Distributing.
Examining Trends and Innovation at 2017 Summer Fancy Food Show
The 2017 Summer Fancy Food Show offered a glimpse at the potential future for cold brew coffee and tea, tree-based waters, cocktail mixers, juice, and more.
In-Depth: Why Amazon Scooped Up Whole Foods
In a deal that’s shaking the shopping experience for consumers, retailers, and food and beverage companies, Amazon’s scooping up of Whole Foods for $13.7 billion on Friday has hardened talk of large-scale disruption in the way consumers buy their groceries.
BevNET Live: E-Commerce Execs Discuss Surging Opportunity in Grocery
Amazon was also a prime subject for the first two speakers in an e-commerce discussion series at the just-concluded BevNET Live Summer 2017 event in New York this week.
Amazon Announces Plans to Purchase Whole Foods
Amazon announced Friday that it will acquire Whole Foods Market for $42 per share in an all-cash transaction valued at approximately $13.7 billion, including Whole Food’s net debt.