Kroger-Albertsons: Merger Sees Mounting Opposition; Unions React
One week after Kroger's proposed $24.6 billion deal to merge with Albertsons, opposition is growing amid antitrust concerns from stakeholders and government officials.
Lukas Southard
Senior Reporter, BevNET & NOSH
Lukas Southard is a Reporter covering the food and beverage industries across BevNET and NOSH.
Posts by Lukas Southard
Kroger/Albertsons Merger: “An Existential Question” Around Effects on Brands
Kroger will purchase fellow grocery retailer Albertsons in a $24.6 billion deal that has left members of the industry wondering about the long term ramifications for brands and shoppers.
Report: Consumers, Categories Growing for Non-Alc Brands
A new report by spirit accelerator Distill Ventures highlighted non-alcoholic beverages and spirits evolution into a fast-moving segment with products ranging across different use occasions and need states.
Gopuff Partners With Grubhub; Expands Private Label
Gopuff is delivering news of a new partnership with restaurant to-go platform Grubhub and a launch of a new health and wellness private label brand called Goodnow.
Doubling Sales In A Year, Milo’s Tea Hits $400 million
Milo’s Tea Company has quietly become the fourth largest iced tea maker in the U.S. by steadily building new production capacity and incrementally expanding its target consumer base out of the regional south.
AriZona Flies Into Sports Drinks With Marvel Collaboration
AriZona Beverages is teaming up with Marvel Entertainment on a functional drink called Super LXR Hero Hydration, marking the iced tea maker’s first true leap into the sports drink category.
Sparkling Ice Appoints Luke Fisher CFO
Sparkling Ice's parent company Talking Rain Beverage has named longtime finance official Luke Fisher as the company’s new chief financial officer.
Caliper Holdings COO Steps Down, Company Moves Into Licensing
Edible cannabis company Ripple and Caliper Holdings co-founder Jeremy Goldstein is stepping down as COO as the company moves into licensing agreement-based business model.
People Moves: Andrew Guard Launches Right Coast Brands, Alex Galindez New Confidence Beverage CEO
Culture Pop founder Andrew Guard launches a new beverage industry incubator-manufacturing venture, entrepreneur Wyley Owens moves into an account executive role at beverage co-packer Wildpack and industry executive Alex Galindez takes the helm at Confidence.
Flow Water: Q3 Earnings Bounce Back From Q2 Poor Showing
Flow Beverage announced a reversal of fortune in its Q3 2022 earnings reporting a consolidated net revenue of CAN$12.7 million in Q3, a 79% improvement from the Q2 and 36% higher than Q3 2021.
Fever-Tree Quietly Acquires Powell & Mahoney Cocktail Mixers
Fever-Tree expands its reach in the U.S. by widening its portfolio of non-carbonated beverages with the acquisition of craft mixer maker Powell and Mahoney.
Perfect Day Helps Nestlé Build Animal-Free Dairy Beverage
Nestlé's U.S. R&D Accelerator has partnered with animal-free dairy company Perfect Day to launch an alternative dairy "novel product" that will pilot in the U.S. market later this year.
Solving The Problem Of Investment For Food And Beverage Brands
Ryan Williams, the former VP of Finance and Ops at RISE Brewing Co., has created a tool called the Food and Beverage Investor Database (FABID) which aims to help new entrepreneurs in the food and beverage industry navigate the complicated world of fundraising.
Dan Bilzerian’s Cannabis Company Under SEC Scrutiny
Cannabis and vape company Ignite International Brands is being investigated by the U.S. Securities and Exchange Commission for making false or misleading statements in reporting its 2020 financial results.