The grocery industry is big. Over $1 trillion a year. And complex: wholesalers, brokers, trade spend, inventory management, EDLPs. On the one hand, there are a small handful of mega chains that monopolize over 60% of grocery sales. On the other hand, there are thousands of grocers that a brand can work with. So where do you start?
Olivia Ferdi, the co-founder of calming beverage platform Trip, discusses how the brand’s philosophy of “product obsession” gave it a fast start and keeps it building towards a more promising future. She also explains why “the customer is sacrosanct” and how the company is applying lessons learned from success in e-commerce to its brick and mortar business.
Green Street Beverages, a portfolio company of infused food and beverage brands made with hemp-derived THC, has launched with four brands in Minnesota, including a new version of a previously introduced NA cocktail brand, Hi Tide.
ForceBrands, the preferred strategic talent partner for consumer brands, has released its 2025 Consumer Brands Salary & Market Trends Reports. These reports offer strategic tools to build your workforce and guide your career. Inside, you’ll find insights to guide pivotal hiring, retention, and career development decisions.
There’s zero doubt that the beverage industry is experiencing a new wave of CSD innovation, but what we call this reimagining is still a little fizzy. Gut Health Drinks? Functional Pop? Or we could follow the lead of Walmart last week and just call it a clean and simple “Modern Soda.”
Don’t miss your chance to submit nominations for the BevNET Best of 2024 Awards. The deadline has been extended through Wednesday, November 6th.
Celsius Holdings is moving towards vertical integration with the $75 million acquisition of its co-packing partner Big Beverages Contract Manufacturing LLC. The transaction was made with cash on hand and closed today.
Another episode, another billion-dollar deal. In this case, the buyer (KDP), if not the brand (Ghost), is somewhat surprising. The hosts have their say. They also highlight a couple spicy collaborations, but are divided on one of them. We also speak with Lexy Prosszer, an investment principal at U.K.-based venture capital firm Btomorrow Ventures, which is focused on investments in innovative, functional brands.
In this week’s new products roundup, De Soi debuts its first-ever limited edition flavor, REDCON1 resurrects the “first energy drink of the 80s,” and G.O.A.T. Fuel announces a multi-year partnership with Muhammed Ali Enterprises.
Non-alcoholic aperitif brand Ghia is making a much-anticipated leap into the natural channel next month, as it launches in over 100 Whole Foods Market stores in 12 states and in 43 Wegmans Food Market locations in Western New York.
Los Angeles County is looking to take Coke and Pepsi to court over the soda giants’ environmental impact. The county filed a lawsuit against PepsiCo and The Coca-Cola Company this week alleging they have tried to deceive the public about the recyclability of and potential health issues emanating from plastic bottles.
Sober October is nearly behind us and Dry January is on the way, but younger drinkers don’t need incentives to put down the booze.
Non-alcoholic apéritif brand De Soi is getting a winter makeover today as its first-ever limited-edition flavor hits shelves – part of the brand’s strategy to continue to emotionally connect with its consumers as the adult non-alc (ANA) category “grows and becomes hegemonized."
Forty-five-year-old vertically integrated beverage manufacturer Trilliant Nutrition, whose portfolio includes brands like Victor Allen, Aspen Ridge and Study Fuel, is looking for growth opportunities beyond the coffee category with the launch of Nurri ultra-filtered protein milk shakes, exclusively available at Costco.
