Speaking at CSP Magazine’s Cold Vault Forum in Chicago last month, Wells Fargo Securities analyst Bonnie Herzog presented the latest news on shifting consumer trends and offered predictions which suggest hope is on the horizon for retailers looking towards upcoming innovations to reinvigorate declining sales.
Pinning the decline on poor weather conditions across North America leading to fewer C-store sales, CEO Indra Nooyi sought to reassure investors “that the issues are temporary” and action has been taken to improve sales in the new quarter.
The lawsuit is striking nerves because of its potential impact on organic products using anything from dairy to eggs — and also due to its eerily familiar pattern to the current administration’s other recent handling of food regulation.
WTRMLN WTR CEO Christine Perich has stepped down from her role due to personal health reasons, according to a statement this morning from the parent company World Waters.
Brew Dr. brings on talent from Stumptown; Ocean Spray Cranberries makes new executive position announcements; Scott Lewis leaves VEB for Evolution Fresh; Tom Friscia goes from energy drinks to juice; Welch's announces new president for U.S. division; Cahillane takes Kellogg's CEO position; Improper Goods nabs Pok Pol Som operations manager for VP position.
As anyone who’s waited for their barista to prepare their pour over is well aware, there’s often a clear correlation between time and quality in coffee and tea preparation. But in the shadow of the third-wave coffee movement, a group of young startup brands are exploring ways to disrupt the coffee and tea industries with a new generation of versatile, high-end instant products.
The Coca-Cola Company today announced the acquisition of premium sparkling mineral water brand Topo Chico through its Venturing & Emerging Brands (VEB) unit for a reported fee of $220 million. The acquisition of Topo Chico, founded in Mexico in 1895, gives Coke a leading brand with strong consumer affinity, particularly in Texas, within the rapidly growing $4 billion sparkling water category.
Under the Obama administration, brands had until July 26, 2018, to adjust all packaging. With the new extension, manufacturers with $10 million or more in annual food sales will now have until Jan. 1, 2020; manufacturers with less than $10 million in annual food sales have until Jan. 1, 2021.
Episode 77 features an interview with Impossible Foods founder and CEO Pat Brown, "lessons from the trenches" with Koa founder Adam Louras, and a chat with Royce Pinkwater, the founder and CEO of Bonta Hydration, in this week’s Elevator Talk.
Super-premium nut milk brand MALK continues to make headway in the conventional grocery channel and recently expanded its presence at Whole Foods.
In April, Harvest Soul moved into a 30,000 sq. ft. cold production facility, giving it added capacity that has enabled the company to grow more rapidly, Kevin Quirk said. The facility is also an USDA organic certified co-packer, and Harvest Soul is currently working with 10 clients.
For decades Hudson News Distributors has been one of the leaders in the magazine and book direct store distribution network, servicing more than 15,000 retail stores in the Northeast U.S. But this year, the company has decided to “wet” its palate, adding a CPG beverage leg that counts LaCroix, Nestle Waters, and now Hint in its growing portfolio.
In this video interview from Expo East, BevNET assistant editor Martin Caballero talks with Detox Water founder Kenneth Park about the company's retail expansion and new innovations, recent investment in the brand, and how Detox Water has found success in building a consumer base at music festivals.
Continuing throughout the 90’s with its combination of brick & mortar, home delivery, and mail order sales operations, the company has begun a much more intense period of expansion over the past 10 years, expanding from five to 18 stores since 2007, with added locations in New Jersey, Pennsylvania, Virginia, and the District of Columbia.
