The Coca-Cola Company’s goal of a “leaner, more agile operating model” will include cutting 1,200 corporate jobs across the company, incoming CEO James Quincey reported Tuesday during the beverage giant’s Q1 report to investors.
The company issued a statement announcing the recall on Friday. The statement was posted on its website and that of the U.S. Food and Drug Administration. According to Soylent’s shipping records, the recalled boxes each contain seven 15 oz. pouches and were shipped to 610 customers.
Industry veteran and Reed’s director Stefan Freeman has taken the reins as interim CEO while Reed assumed the newly created role of Chief Innovation Officer (CIO).
Last week PepsiCo removed bottled Stubborn Soda and Caleb’s Kola products from the market after discovering recent batches were inadvertently made with beet sugar. The craft sodas are normally formulated with Fair Trade Certified cane sugar and the gaffe was the result of a supplier error, according to the company.
The home juicer/foodtech startup, which famously raised $120 million in venture capital funding, seemed to be soaring for the stars. But as they say on the internet, life comes at you fast -- and the internet came at Juicero at the speed of life this week.
In a recent interview recorded for this edition of the BevNET podcast, Hippeas founder Livio Bisterzo credited the rapid success of the brand to marketing that’s less about the functional attributes of the snacks and more about reaching a broad base of consumers.
The company's move to a new 20,000 sq. ft. production facility, due to be fully operational this fall, helped make the deal to enter 4,500 GNC locations nationwide possible.
BodyArmor will debut its first TV spot Wednesday night with a 30-second commercial designed by retired L.A. Lakers superstar Kobe Bryant. The commercial, which will air on TNT during the NBA playoffs, kicks off a multimillion dollar ad campaign that is set to be the sports drink brand’s largest to date.
Lifeway Foods is facing a class-action suit alleging that it deceived customers in claiming its Plain Kefir is “99 percent lactose free," while the ex-CEO of Jammin' Java reaches a settlement with the U.S. Securities and Exchange Commission.
In an interview with BevNET, Laufer said he was motivated by the “social and environmental impact that I could be a part of.”
Last week BevNET sat down with IRI CEO and president Andrew Appel who discussed the global market research firm efforts to detangle and optimize an ever-evolving and complex web of sales and consumer data, why he believes that “voice is the next platform” for data collection and how IRI is expanding its use of artificial intelligence to "automate away the simple."
Elmhurst Milked unveiled its premiere line of non-dairy products — dubbed “milked nuts” — at Natural Products Expo West in March in four varieties: almonds, cashews, hazelnuts, and walnuts.
The San Francisco-based Full Harvest, founded by Christine Moseley, a former head of business development at Organic Avenue, has raised $2.35 million thus far, having brought in $350,000 from The Impact Engine, Astia and Wilson last May.
The Austin, Texas company announced this week that its entire six-flavor line will be available in 1,472 Target stores nationwide. The rollout is in process and expected to be completed by the first week of May