News

NACS: Grocery, C-Store Numbers Kept Falling in 2021

Nearly 4,000 U.S. food and beverage retailers – including nearly 3 % of U.S. grocery stores – shut their doors last year, according to a study sponsored by the convenience store industry.

Goldman Sachs: C-Store Sales are Strong, But Supply Problems Persist in Q4

Consumer demand may be solid, but supply chain disruptions continue to challenge the convenience channel, according to the Q4 ‘Beverage Bytes’ survey of retailers by Goldman Sachs Equity Research. The survey was constructed from feedback from retailers representing nearly 40,000 U.S. retail locations (or about 27% of the convenience channel).

Functional Soda Brand OLIPOP Launches Nationally at Target

OAKLAND, Calif. — Today, healthy soda OLIPOP announces that following a successful test program, its products are launching at 1,569 Target stores nationwide. Beginning today, nearly all Target stores in…

Guru: PepsiCo Partnership Impacts Q4/FY2021 Earnings

Organic energy drink GURU is betting that its long-term growth potential outweighs short-term pain, as the company reported rising losses alongside record net revenue in its Q4/FY 2021 earnings report released today.

To “Simplify Everything,” Elegance Brands to Become SWAY Energy Corp.

Elegance Brands announced this week it will change its name to SWAY Energy Corporation, reflecting a shift in focus on its two leading brands, SWAY Energy and ready-to-drink vodka cocktail VOCO. Launched in spring 2021, SWAY and VOCO have quickly emerged as the fastest growing lines for the California-based beverage portfolio company.