Headlines

Data: Pricing Produces Sales Pick-Up Data: Pricing Produces Sales Pick-Up

Data: Pricing Produces Sales Pick-Up

by Martín Caballero,

Non-alcoholic beverage sales were up 4.8% in the four-week period ended March 8, during which volume grew 2% and pricing gained 2.8%, according to an analysis of NielsenIQ data by Goldman Sachs.

Chobani Grows Idaho Production Footprint Chobani Grows Idaho Production Footprint

Chobani Grows Idaho Production Footprint

by Lukas Southard,

Greek yogurt brand Chobani has broken ground this week on a 500,000 sq. ft. expansion to its Twin Falls, Idaho facility that will increase capacity by 50%.

Distribution Roundup: Cure Hydration Hits Whole Foods Distribution Roundup: Cure Hydration Hits Whole Foods

Distribution Roundup: Cure Hydration Hits Whole Foods

by BevNET.com Staff,

The natural channel retailer will launch Cure’s Kids line, including Fruit Punch, Pink Lemonade and Mixed Berry flavors, in over 500 stores across the country beginning next week. That rollout will be followed by the addition of Cure’s core adult-focused products in April.

Diageo’s Shift: What the Distill Ventures Decision Signals For The Spirits Industry Diageo’s Shift: What the Distill Ventures Decision Signals For The Spirits Industry

Diageo’s Shift: What the Distill Ventures Decision Signals For The Spirits Industry

by Ferron Salniker,

After over a decade of investing in emerging spirits and adult non-alc brands, last week Diageo confirmed that its venture arm Distill Ventures will cease bringing new brands into its portfolio. What does the wind-down signal for the spirits group and does it say something about the larger spirits industry?

Poppi Reaches $8.9M Settlement Over Gut Health Claims Poppi Reaches $8.9M Settlement Over Gut Health Claims

Poppi Reaches $8.9M Settlement Over Gut Health Claims

by Martín Caballero,

As Pepsi closes the deal on its $1.65 billion acquisition of Poppi (VNGR Beverages), the prebiotic soda maker may be nearing another deal, this one with a class action group of consumers alleging they were misled by the drink’s gut-health claims.