From shelves to coolers, the fizz is in. But how long before the influx of sparkling water brands begins to bubble over? With a standard formulation of tap water, stock flavors, and carbonation, sparkling water brands are now finding new ways to differentiate in order to stand out from the pack, from functionality to branding to premiumization.
New York-based Owen’s Craft Mixers announced today it has closed a $3 million Series A fundraising round led by Levy Family Partners.
In this recap of news from the National Association of Convenience Stores (NACS) 2019 trade show, we cover new innovations across PepsiCo's family of products, examine how Nestlé Waters is tilting towards more functional offerings, and track the growth of the kombucha category in c-stores.
In this video recorded at last week’s National Association of Convenience Stores (NACS) Show 2019 in Atlanta, Georgia, Yerbae founder and CEO Todd Gibson discusses his brand’s channel strategy, how the clean energy trend is developing in convenience, and why there’s still a long way to go for consumer education on yerba mate drinks.
Stacey Wood founded Whole Harmony with her partner David Soule as a vehicle to educate consumers on the benefits of plant medicine. The pair believes their community focus and authenticity is what sets the brand apart, as they connect with consumers through handcrafted tonics and elixirs using herbs sourced from their farm.
While consumer buying habits and nutrition trends are providing healthy tailwinds for the nascent category of kids water, developing a strong identity — to say nothing of building a business around that concept — remains a challenge for all involved, particularly in the face of declining sales for the entire kid-positioned beverage market.
In this interview recorded at NACS 2019, BevNET managing editor Martin Caballero spoke with James Ford, Coca-Cola’s VP of category strategic advisory, about the company’s product showcase, including the highly anticipated U.S. launch of Coca-Cola Energy, the development of Coke’s expanding coffee portfolio, and how the brand is strategizing for growth in the convenience store channel.
As cold-pressed juice moves into the next stage after its mid-decade height as a hot beverage trend, the subcategory continues to grow but leaves behind a reformed field of wholesale players marketing lower-priced offerings, alongside new competition from the private label space.
Flow Alkaline Spring Water announced today the appointment of Tim Dwyer, a 10-year veteran of Vita Coco who most recently served as that company’s VP of sales, as chief revenue officer. Dwyer said he sees “the same potential” in Flow that he saw in coconut water a decade ago.
Alex Day, co-founder of trendsetting cocktail bar Death & Co., spoke about his thoughtful approach to innovation and branding. He also explained why articulating the brand’s style is an “ongoing process,” why the Death & Co. considers itself a content creator as much as a bar, and why it never “follows trends out of fatigue.”
Last week, the company announced a new model for innovation, known as the Lighthouse Incubator, which will focus on rapid innovation and bring the company into new categories beyond beverage.
In this gallery, we highlight a handful of notable new products introduced at this year's National Association of Convenience Stores (NACS) trade show, including innovations from Coca-Cola, Danone/White Wave, Nestle Waters and Keurig Dr Pepper.
Peet’s has cooled its efforts to create a regional cold chain distribution system. The company has ceased operations of its Coldcraft direct store distribution network and discontinued its bottled cold brew line as it focuses on developing shelf-stable RTD coffee products.
PepsiCo beat analysts’ expectations in posting 4.3% organic sales growth in the third quarter of this year, according to financial results released by the company on Thursday.
