In this recap of news from the National Association of Convenience Stores (NACS) 2019 trade show, we cover new innovations across PepsiCo's family of products, examine how Nestlé Waters is tilting towards more functional offerings, and track the growth of the kombucha category in c-stores.
In this video recorded at last week’s National Association of Convenience Stores (NACS) Show 2019 in Atlanta, Georgia, Yerbae founder and CEO Todd Gibson discusses his brand’s channel strategy, how the clean energy trend is developing in convenience, and why there’s still a long way to go for consumer education on yerba mate drinks.
As cold-pressed juice moves into the next stage after its mid-decade height as a hot beverage trend, the subcategory continues to grow but leaves behind a reformed field of wholesale players marketing lower-priced offerings, alongside new competition from the private label space.
Flow Alkaline Spring Water announced today the appointment of Tim Dwyer, a 10-year veteran of Vita Coco who most recently served as that company’s VP of sales, as chief revenue officer. Dwyer said he sees “the same potential” in Flow that he saw in coconut water a decade ago.
Peet’s has cooled its efforts to create a regional cold chain distribution system. The company has ceased operations of its Coldcraft direct store distribution network and discontinued its bottled cold brew line as it focuses on developing shelf-stable RTD coffee products.
JUST Water Goes Chainwide in Target; Daytrip Expands in New York and New Jersey; Bimble Partners with Gotham Brands; Olipop Launches Ecommerce; Hoist Adds New Retailers, Tests Launches in Hy-Vee and Target; SOS Hydration Goes Chainwide in CVS; Hellowater Adds Target; Brio! Adds Whole Foods
Andy Malloy, the former CEO of sweets maker Hail Merry, has joined butter coffee brand Picnik as CEO, the company told BevNET this week. Malloy replaces Picnik’s founder, Naomi Seifter, who stepped down as the brand’s chief executive in September.
Chris Campbell Joins AccelFoods; Sol-ti Appoints James Murray as COO; Jamie Schapiro Leaves Granny Squibb’s; Llanllyr SOURCE Preps Relaunch with New Board Appointees; Nestlé Waters North America Names Vivek Bedi as CFO
Dave Asprey, founder of nutrition platform brand Bulletproof 360, has stepped down as CEO and will move into the role of executive chairman effective October 1, the company announced this week. He will be replaced by Sovos Brands CFO Larry Bodner.
In the the second news recap from Natural Products Expo East 2019, we examine a continuing migration towards can packaging for kombucha, a growing presence for sleep aids, and portfolio consolidation at Novamax.
Roper -- who spent 23 years at the craft brewing giant, including 17 as CEO before departing in 2018 -- will oversee “operational and executional priorities,” the company said in its announcement. During Roper’s tenure at Boston Beer revenues quadrupled and the company expanded its portfolio with brands including Twisted Tea, Angry Orchard, and Truly Hard Seltzer.
Monster Energy Corp. showed mixed sales results for the four-week period ending September 7 as the company’s growth continues to lag the broader energy category, according to a Wells Fargo Securities analysis of Nielsen data.
At Natural Products Expo East 2019, BevNET’s editorial team saw established brands tackle new innovations and new strategies, including Honest Tea’s take on cold brew coffee, Mood33’s new CBD line, DrinkSimple exploring growth through B2B partnerships, and a reshuffling of Great Point Brands’ product portfolio.
Hoplark HopTea Goes Nationwide in Whole Foods; CELSIUS Looks to Accelerate C-Store Business; Eternal Water Partners with Honickman Group; TEN Spring Water Adds United Supermarkets; KiiTO Adds South Pacific Whole Foods Stores; Oral I.V. Adds 120 Military-Based GNC Stores
