Corn prices hit all-time high $6 per bushel
Corn crossed $6 per bushel last week – an all time high that could increase the cost of producing beverages that use high-fructose corn syrup as a sweetener. Corn prices…
Headlines
Xyience to be sold for $15 million
A Nevada bankruptcy judge approved the $15 million sale of Xyience Inc. Tuesday after rejecting a last-minute offer for $15.5 million. The Las Vegas Review-Journal reported that Judge Mike Nakagawa…
CCE to drop Arizona in favor of glaceau in most markets
Arizona teas will lose distribution in many markets as a consequence of Coca-Cola’s May 2007 acquisition of glaceau, makers of vitaminwater. The Atlanta Journal Constitution reported that Coca-Cola Enterprises, Coke’s…
Reed’s cuts DSD sales staff to focus on grocery sales
, BevNET.com Staff Writer If you were waiting to get Reed’s Ginger Brew or Virgil’s Cola into the cooler case of your favorite corner store, put those hopes on ice.…
The Coca-Cola Company and illycaffè SpA Finalize Joint Venture, Launch Premium Ready-to-Drink Espresso-Based Coffee Beverages
TRIESTE, Italy & ATLANTA–(BUSINESS WIRE)–The Coca-Cola Company and illycaffè SpA announced today the companies have finalized their global joint venture and will be introducing three premium ready-to-drink (RTD) coffee products…
Red Bull clarifies cola plans; industry insiders, watchers doubt success
, BevNET.com staff writer. This Red Bull won’t give you wings. That’s the message the company provided yesterday as it clarified its description of the just-announced Red Bull Simply…
Industry insiders unsure of Red Bull’s “Simply Cola”
BY MATT CASEY, BEVNET.COM STAFF WRITER Red Bull said Tuesday it is rolling out its new “Simply Cola” product in seven countries, but industry insiders are unsure what to think…
Red Bull to Introduce Cola
BevNET Staff Writer Energy drink giant Red Bull is preparing to launch a natural cola brand in seven countries, BevNET has learned. Branded Red Bull Simply Cola, the product…
Cott Corporation Appoints David Gibbons as Interim CEO
Cott Corporation’s board of directors announced this morning that board member David T. Gibbons will take over as interim CEO after Brent Wills stepped down. The Wall Street Journal reported…
Expo West Explosion!
@@img View the 2008 Expo West Gallery here and Jeffrey Klineman Yoga Moms, Good Lifers, Hippies, Crunchies and Granola-Heads – they were all there and they were all selling at…
Energy drinks continue to grow, but growth is slowing
Energy drink growth at convenience stores is slowing, but still strong, according to Beverage Business Insights. BBI reported that Nielsen scanner data showed a 20 percent growth in the segment…
CSD prices trend upward in U.S. grocery stores
Carbonated Soft Drink prices in most grocery stores rose last year, with San Francisco and Miami rising the highest, according to Beverage Digest. BD tracked prices of 192-oz packages sold…
Redline offers school district $25,000 after four students drink the product and fall ill
BY MATT CASEY, BEVNET.COM STAFF WRITER Redline caught some bad press Wednesday when four Florida eighth-graders went to the hospital after consuming the highly-caffeinated energy supplement. Three separate new outlets…
Led by Energy Drinks, Teas and Bottled Water, the U.S. Liquid Refreshment Beverage Market Grew by 1.3% in 2007, Beverage Marketing Corporation Reports
The evolving U.S. refreshment beverage market enlarged by 1.3% in 2007, according to Beverage Marketing Corporation. During the first several years of the 21stcentury, newer beverage categories have been principally…