The Federal Trade Commission (FTC) has begun an antitrust investigation into Southern Glazer’s Wine and Spirits, reviewing how the nation’s largest alcoholic beverage distributor may have favorably priced wine and liquor that advantaged larger retailers, according to Politico, citing three anonymous sources “with knowledge of the probe.”
Publicly traded canning company Wildpack Beverage announced this week it has entered an agreement to receive a $20 million 12-month secured loan from Manna Capital Partners, which will go towards scaling operations across its six U.S. manufacturing plants. The deal is expected to close on April 10.
After launching in Mexico last fall, Jack Daniel’s & Coca-Cola ready-to-drink (RTD) canned cocktails have rolled out in the U.S. The 7% ABV spirits-based RTD, the result of a partnership between Coca-Cola and Jack Daniel’s parent company Brown-Forman, is inspired by the ubiquitous “Jack & Coke” bar call and combines two of the world’s most recognizable beverage brands in one package.
Sports nutrition platform Don’t Quit! is shaking things up with the addition of new institutional investors and corporate leadership, with former X2 CEO Mark French bringing in a seasoned executive team as he steps into the chief executive role at the brand.
Alexandre Family Farm believes old farming practices are in need of new rewards and more support for the environmental ecosystems and rural communities they help sustain.
Genius Juice is taking a strategic shift away from growth at all costs seeing innovation as a way towards profitability after a tumultuous end to its distribution partnership with KeHE.
Columbus-based Middle West Spirits is expanding with a new distillery and operational facilities on a 14-acre campus, a move set to make the company a top 10 grain-to-glass whiskey and spirits producer in the U.S. and the largest distillery in Ohio.
Already one of the top selling RTD coffee brands in the U.S., Monster Energy’s Java Monster is set to enter the Australian market with a lower sugar formulation and a new name: “Java Monster Super Coffee.” But if that name rings a bell, you’re not the only one to notice.
On their way to making the perfect ready-to-drink espresso martini, NuRange Coffee co-founders Collin Ricker and Zach Macaffer got a little sidetracked. That’s not to say they haven’t been busy, though.
Drizly, an Uber-owned alcohol e-commerce delivery platform, began “company wide” layoffs this week, according to several social media posts by former employees.
A recent study of 100 individuals published in The New England Journal of Medicine suggests that coffee consumption throughout the day increases physical activity while also negatively impacting a person’s sleep at night; yet, the impact of coffee on the heart are mixed.
Euphoria and White Lotus star Sydney Sweeney is continuing the pledge she made to herself to only drink water through a new partnership with antioxidant-infused beverage maker Bai.
Culinary icon Padma Lakshmi spoke about how her investment in Dah! aligns with her advocacy for ethnic cuisine and her criteria for working with consumer brands. Also, Sanzo founder Sandro Roco shared what he’s learned about leadership, raising growth capital and working with Target.
After a decade of leading Diageo, CEO Sir Ivan Menezes will retire as CEO and exit the company’s board of directors, effective June 30, the beer and spirits giant behind Guinness and Johnnie Walker announced today.
