Headlines

Nielsen: Non-Alcoholic Beverage Slows Post-Labor Day

Major beverage corporations continued to report growth despite a slight decrease in total non-alcoholic beverage sales over the last two weeks, according to a Goldman Sachs Equity Research analysis of Nielsen sales data through Sept. 19.

Iconic Protein Completes Shift to Zero Added Sugar Formulation

The Santa Monica, Calif.-based protein drink and powder brand, founded in 2011, is set to complete its shift to exclusively offering no sugar added products by the end of this year, as the company has shared details of its reformulated flagship line.

Yerbae Turns to Crowdfunding Platform To Fuel Next Fundraise

Yerbae, the maker of a line of functional sparkling waters made with yerba mate, is looking to raise $10 million as it grows its national retail presence. But rather than turn to private equity and venture capital, the Arizona-based brand is turning to the public for support in launching a crowdfunding campaign through website StartEngine.

FDA Proposes New Traceability Requirements for ‘High-Risk’ Foods

After settling a lawsuit for not meeting a 2012 deadline set by the Obama administration, the Food and Drug Administration (FDA) last week published a long awaited proposed rule requiring producers and processors of “high-risk” foods to keep more detailed records to improve supply chain traceability.

Sipp Relaunches with New Packaging, Functional Focus

Repositioning itself as a functional offering, better-for-you soda maker Sipp has discontinued its entire portfolio and relaunched with a new line of seltzers made with antioxidant-rich ingredient camu camu. The rebranded Sipp products went on sale this month on Amazon and will roll out to retailers in the Tri-State area next year.

Taste Radio Insider Ep. 99: Why Strategic Investors Love Brands That Create Systems For Success

Jason Barrett, founder & CEO of craft spirits producer Black Button Distilling, spoke about how a stint in small business consulting impacted his vision for the company, why he didn’t seek outside capital to launch Black Button and why he credits an effective systems management strategy as the key reason that spirits conglomerate Constellation Brands invested in the distillery.

Suja Finds Growth Via D2C, Category Momentum

The California-based cold-pressed juice maker’s strong performance over the course of the last 12 months — dollar sales of its refrigerated organic fruit drinks across MULO plus-convenience were up 517% to $18.6 million through August 18, according to IRI — is a welcome sign for both the Coca-Cola owned brand and the cold pressed juice category as a whole.

Unovis Snags Speranza From 301 Inc.

Pete Speranza, former business development principal at 301 Inc, General Mills’ venture arm, left the company on August 14 and will join venture firm Unovis as an operating partner.

Aramark Acquires Joyride Distribution Services, Brand Set to Re-Launch

Joyride Coffee has secured a partnership with food and beverage service provider Aramark Corporation to cover distribution and equipment service for both existing and future office accounts, the company announced Friday. Under the terms of the deal, Aramark has acquired all assets of Joyride’s delivery business and will create a new division, called Joyride by Aramark.