In a video interview recorded last week at the NACS 2017 show in Chicago, Lisa Selk, president and CEO of CytoSport, discussed the development of the brand’s recently debuted plant-based protein line, Evolve, and how it fits into the company’s overall C-store strategy. She also explained how Cytosport is diversifying the Muscle Milk portfolio with food and beverage products that fit different use occasions and broaden the brand’s appeal beyond simply supporting athletic performance.
While regulations and bills surrounding immigration, foreign policy and healthcare have been top of mind when discussing Donald Trump’s first year as president, many administration initiatives are having major implications across the food industry -- and those ripples are being felt from the USDA all the way to convenience stores.
Glanbia Performance Nutrition, a subsidiary of Ireland-based ingredient supplier Glanbia, PLC, is seeking to energize its CPG business with several new lines of ready-to-drink performance beverages and protein snacks, set to launch under a variety of brand names in the coming months.
BodyArmor brought out the big guns at NACS 2017 as investor Kobe Bryant and co-founder/chairman Mike Repole took center stage at the company’s booth on day one of the event, held last week at McCormick Place in Chicago. In an interview recorded at the booth, Bryant discussed his dual roles as an endorser and advisor in the company and how each have evolved since his initial investment in BodyArmor in 2014.
During a conference call with investors today, The Coca-Cola Company reported net revenues of $9.08 billion for Q3, surpassing analysts’ projections of $8.72 billion. The company also noted that organic growth was up by 4 percent.
Even in an era of craft beverages and high demand for natural products, convenience stores remain a stalwart channel for grab-and-go simplicity. And while sugary sodas and 99-cent iced teas still dominate c-store coolers, premium brands are beginning to make inroads. With the presence of several such companies at NACS 2017, brands that made their name in the natural channel now have the corner shop in their targets.
James Richardson, Ph.D., is a strategy consultant for emerging food and beverage brands with a professional background in strategy consulting, market research and social science. In this guest column, he shares his insight on how food and beverage entrepreneurs can effectively nurture products into fully developed brands that consumers love.
Though convenience store traffic has dipped in 2017, you couldn’t tell from looking around the packed floor at this year’s National Association of Convenience Stores (NACS) show last week in Chicago. Exhibitors from across the spectrum of food and beverage took over two halls of the McCormick Place for three days, showcasing a range of new products and innovations that will be rolling out to c-store coolers over the next year.
Following a report on Wednesday that Talking Rain and its former CEO, Kevin Klock, had been named in a lawsuit alleging that Klock had sexually harassed an employee in March, and that the company had retaliated against her even after Klock had left the company, COO Chris Hall told BevNET there was no culture problem at the sparkling water company during a brief talk at the just-concluded National Association of Convenience Stores show this week in Chicago.
Episode 80 features an interview with GT Dave, the founder and CEO of GT’s Kombucha. We also speak with Sean Kelly, the founder and CEO of SnackNation. And in the latest edition of Elevator Talk, we chat it up with Lilly Wunsch, the co-founder and COO of 4th & Heart. This episode is presented by Sovereign Flavors.
While some retailers are scaling back on stocking local brands, Kroger is going full force in the opposite direction, looking to up-and-coming, natural innovators for inspiration.
Since founding Argo Tea in Chicago in 2003, Avakian has seen his business model for natural, premium-priced beverages go from niche to mainstream. Having entered the beverage space promising a drink with a “transparent” supply chain, Avakian hedged his bets that American consumers would eventually recognize better-for-you was in fact better.
A former employee of sparkling water company Talking Rain is suing the company and its former president and chief executive officer, Kevin Klock, alleging sexual harassment, disability discrimination, failure to accommodate, violations of the Family Medical Leave Act (FMLA) and retaliation. The complaint was filed on Oct. 10 in the King County Superior Court, in Seattle, Washington.
Ganeden president Michael Bush explained to NOSH why he decided to trust his gut with his decision to sell the leading probiotic company to Irish global nutrition and food conglomerate, Kerry.