Coca-Cola, Pepsi Preparing Prebiotic Soda Launches for 2025
The Coca-Cola Company and PepsiCo are each preparing to enter the explosive prebiotic soda category next year, BevNET has learned.
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New Products: Stok Does Decaf, Cowbell Gets Hydrated
In this week’s new products roundup, Stok expands its cold brew portfolio with decaffeinated offerings, Cowbell ventures into the hydration set, and Tilray Brands unveils a cocktail-inspired line of THC beverages.
A Drink With…Sovereign Brands Founder Brett Berish
Sovereign Brands founder Brett Berish spoke with BevNET about his dynamic approach to brand-building, Pernod-Ricard’s minority investment and why connecting with music has led to a global reach for his brands.
FTC Sues Southern Glazer’s Over ‘Unlawful Price Discrimination’
The Federal Trade Commission (FTC) is suing Southern Glazer’s Wine and Spirits (SGWS), the nation’s largest alcohol distributor, over its pricing practices.
Distribution Roundup: ProBugs Crawl into Harris Teeter, Parch Hits H-E-B
Harris Teeter stores across the country will soon have some “bugs” crawling onto shelves: Leading U.S. kefir brand Lifeway Foods is launching its kid-friendly ProBugs Organic Kefir line into over 250 of the retailer’s stores.
BevNET Announces Nominees for 2024 Spirits Awards
Aligned with BevNET's commitment to explore burgeoning beverage trends and innovative brands, the BevNET Spirits Awards are focused on shining a light on the dynamic spirits industry, including large and small spirits Companies, ready-to-drink cocktails, ready-to-serve cocktails and non-alcoholic spirits.
Seth Rogen Brings Houseplant THC Seltzers to U.S.
Houseplant, the Los Angeles-based cannabis and lifestyle brand co-founded by actor and producer Seth Rogen, is moving into beverages with the U.S. launch of a four-SKU line of hemp-derived THC-infused flavored sparkling waters, available now in select markets and online.
Suntory Reveals New RTD-Focused Platform, Starts with Maru-Hi FMB in California
Global spirits giant Suntory Holdings revealed today the creation of a new business unit, Suntory RTD Company North America, focused on malt-based, ready-to-drink (RTD) offerings with the first release expected to hit U.S. retailers in mid-January 2025.
Recoup Takes Title as New Beverage Showdown 28 Winner
Recoup emerged victorious from New Beverage Showdown 28 yesterday, joining an elite cohort of beverage brands such as Health-Ade and Cann that have also claimed victory in the bi-annual competition.
BevNET Live Day Two: Relaxation Innovation and LifeAID’s Profit Road Map
BevNET Live Day Two featured the founder of Recess breaking down how the brand has established the relaxation beverage category, LifeAID's work to achieve profitability and a chat on the future of investment in beverage.
Plant-Based Milk Startup Nutcase Goes All-In on Pro Poker Connections
Flavored cashew milk brand Nutcase is utilizing its ties to professional poker and celebrity streamers to build brand momentum as it opens a $2.5 million seed funding round.
UNFI: ‘Lean Management,’ Efficiencies Fuel Q1 Gains
UNFI reported a net loss of $21 million despite increasing sales 4.2% year-over-year in its first-quarter earnings to $7.9 billion with adjusted EBITDA increasing 14.5% to $134 million.
No Deal (Yet): Kroger-Albertsons Merger Denied
The proposed $24.6 billion Kroger/Albertsons mega-merger was temporarily blocked today by a federal judge, who ruled in favor of the Federal Trade Commission (FTC) suing to block the deal.
KeHE Onboards New Fee Consolidation Program
KeHE has introduced a new opt-in fee structuring program that allows emerging brands to trade associated, first-year onboarding fees for a consistent 2% flat rate, a move intended to make the distribution powerhouse “easier and more cost effective” to work with.