Box Store Battle at Bev Forum: Target, Walmart Sales Strategies
What should beverage brands think about when pitching the Minnesota-based macro-store, or the bosses in Bentonville?
What should beverage brands think about when pitching the Minnesota-based macro-store, or the bosses in Bentonville?
Celebrity Brands. If they aren’t the only brands one can have – and one might have been led to believe we’re all headed that way, given the casting call that went out for panels at the Beverage Forum, which took place last week in L.A. – they’re a growing part of the business.
In partnership with Re:Lid USA, L.A. Libations Water – the 9.5 + pH water brand produced by beverage incubator L.A. Libations – has unveiled what it claims is the beverage industry’s first fully recyclable resealable aluminum can.
It’s a collaboration between Korean food companies Paldo and hy that spans 42 different SKUs, including noodle bowls and “pillows” (think dry ramen), postbiotic energy drinks and dual biotic sodas.
For powdered beverage brands, the outlook is a lot brighter than Crystal Light. Over the past four years, the growth rate of powders and mixes has been twice that of liquid beverages.
New York-based powerhouse distributor Dora’s Naturals is expanding south to Philadelphia, the company’s first push outside the tri-state area.
The changes have effectively put an end to Coca-Cola’s New Revenue Streams division, which had responsibility for Red Tree and Coke’s RTD coffee business (largely its Dunkin’ Iced Coffee co-brand), both of which operated outside the company’s normal distribution approach.
Coke’s New Revenue Streams unit is transferring control of the Coke’s Red Tree Beverages spirits play to different structural leadership, according to Beer Business Daily.
Chameleon Cold Brew may be under new ownership, with multibrand rollup Next In Natural the coffee brand’s presumed new parent company.
An investor-driven shakeup at Lemon Perfect has resulted in significant headcount reduction, including company leadership and several of its employees.
It’s logical that there’s building speculation around the next strategic move for Olipop, the brand that built the modern soda category alongside Poppi, but the path forward contains more than a few potential options.
As the year ends, BodyArmor is preparing for new leadership.
Another cold chain company is heading for a public market exit. Suja Life, Inc. announced that it has confidentially submitted a draft registration statement on Form S-1 with the U.S. Security and Exchange Commission (SEC).
After a whirlwind few days this week, the multi-billion-dollar hemp-derived THC industry is waking up this morning to the stark reality that, barring the creation of a legal federal framework, they will be virtually extinct within a year.