News

IRI: Repurchasing, Service Consolidation Driving E-Commerce Gains

Looking ahead to the second half of this year and beyond, retention of new shoppers, increasing comfort buying CPG online and acceleration of investments by leading retailers in online capabilities is set to drive expansion of online grocery further, representing an estimated 12% of total edible sales.

Cannabis Beverage Maker Keef Brands Breaks New Ground With THCv, CBG And CBN

Keef Brands, the country’s number one cannabis beverage brand as ranked by BDS Analytics, unveiled its new series of cutting edge purpose-driven beverages with alternative cannabinoids. Going beyond the traditional THC and CBD to develop products, Keef’s innovative formulations push the cannabis industry envelope by offering more functional effects ranging from stimulation, relaxation to possible neuropathic benefits.

Investment Roundup: Athletic Greens Closes Funding Round, Zevia Begins Trading on NYSE

Direct-to-consumer powdered beverage maker Athletic Greens announced this week that it has raised its first ever round of outside capital featuring celebrity and institutional investors; Stevia-sweetened beverage maker Zevia debuted on the New York Stock Exchange on Thursday, offering 10.7 million shares priced at $14 each, raising just under $150 million for the company.

ShineWater Expands Nationwide

ShineWater has rapidly expanded form its Michigan roots and is now officially available to consumers across all 50 US states through major retailers, including select 7 Elevens, Targets, QTs, Meijers, and Whole Foods locations, as well as online channels – offering trademark Sunshine in a Bottle to consumers everywhere.

Gamer Packaging Mourns The Loss Of Their Founder

Gamer Packaging, Inc. is saddened to announce the recent passing of its founder and former CEO, Ron Gamer. At 84 years old, Ron had been dealing with health complications and passed away peacefully in his home on July 3, 2021. 

Coke: Q2 Sales Rebound in Post-Lockdown Market

The Coca-Cola Company is experiencing a post-lockdown rebound as net revenues jumped up 42% to $10.1 billion in the second quarter, according to an earnings report this week. Coke reported organic revenue growth of 37% in Q2, including a 26% increase for concentrate sales as the on-premise channel reopens.

Chemi Nutra Appoints Mike Petteruti New President As Scott Hagerman Retires

Chemi Nutra, is proud to announce that Michael Petteruti has joined the company as President and General Manager, where he will be responsible for managing all aspects of the business unit. In addition, Chemi Nutra is proud to announce the retirement of Scott Hagerman, who incorporated Chemi Nutra on behalf of Chemi S.p.A., Milan, Italy, nearly 21 years ago.

Sparkling Ice Announces Second Annual Small-Town Beautification Program

Talking Rain Beverage Company, the maker of Sparkling Ice beverages, is excited to announce its second annual Cheers to You Town Beautification program, where the brand is teaming up with three small towns across the country to give back in a big way.

Health-Ade Debuts Rebranded ‘Pop’ Line

A year after its launch, Health-Ade’s soda-adjacent Booch Pop product has been redesigned and rebranded. Now known simply as Health-Ade Pop, the company aims to expand its reach with consumers by repositioning the line away from kombucha and towards better-for-you soda.