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Taste Radio: How To Get In ‘Good’ With This Fast-Growing Online Grocer Taste Radio: How To Get In ‘Good’ With This Fast-Growing Online Grocer

Taste Radio: How To Get In ‘Good’ With This Fast-Growing Online Grocer

by BevNET.com Staff,

Bentley Hall, the CEO of California-centric online grocer Good Eggs, spoke about how an intimate understanding of its customers and a highly-curated selection of products helped grow annual revenue to over $100 million. He also explained how Good Eggs articulates quality, its process for vetting and adding new brands to its service and how the company evaluates new platforms and technologies when mapping out its growth strategy.

Keurig Dr Pepper Announces CEO Transition Plan Keurig Dr Pepper Announces CEO Transition Plan

Keurig Dr Pepper Announces CEO Transition Plan

by Martín Caballero and Brad Avery,

Beverage maker Keurig Dr Pepper (KDP) announced a management transition plan that will see CFO Ozan Dokmecioglu take over as CEO from Bob Gamgort, who is set to move into the role of Executive Chairman for two years. The change will become effective July 29, 2022.

Reed’s: Company Sees Double-Digit Growth in 2021 Earnings, Operating Losses Rise Reed’s: Company Sees Double-Digit Growth in 2021 Earnings, Operating Losses Rise

Reed’s: Company Sees Double-Digit Growth in 2021 Earnings, Operating Losses Rise

by Brad Avery,

Reed’s, Inc. reported double digit growth in its full year 2021 earnings report last week, with net revenue up 19% to $49.6 million. However, the ginger beer producer faced steep operating losses as supply chain disruptions drove up costs. Gross profit for the year rose 7% to $13.6 million, with a gross margin of 27.4% compared to 30.7% the year before.

Westrock Coffee to Go Public, Agrees to SPAC Merger Westrock Coffee to Go Public, Agrees to SPAC Merger

Westrock Coffee to Go Public, Agrees to SPAC Merger

by Martín Caballero,

Coffee wholesaler Westrock announced today it is merging with Riverview Acquisition, a special purpose acquisition company (SPAC), to go public in a transaction that values the combined company at just over $1 billion.

Gopuff to Cut Hundreds of Workers Gopuff to Cut Hundreds of Workers

Gopuff to Cut Hundreds of Workers

by Carol Ortenberg,

Delivery service Gopuff has fired hundreds of employees as it aims to cut costs, the company confirmed on Thursday. Former employees claimed the number was more than 1,000.

11 New Whiskeys To Welcome Spring 11 New Whiskeys To Welcome Spring

11 New Whiskeys To Welcome Spring

by BevNET.com Staff,

In this whiskey gallery, we highlight a smattering of notable new releases for this spring, including a celebratory expression to mark the centenary of James Joyce’s Ulysses, the launch of GrandTen Distilling’s “South Boston Godfather” and a 7-year-old Irish single malt aged in rare Japanese Mizunara casks by Glendalough.

Taste Radio: You Must Check This Box To Have A Fighting Chance. These Founders Explain Why. Taste Radio: You Must Check This Box To Have A Fighting Chance. These Founders Explain Why.

Taste Radio: You Must Check This Box To Have A Fighting Chance. These Founders Explain Why.

by BevNET.com Staff,

This week, we explored the ideation, business plans and growth strategies of three innovative and on-trend brands in conversations with Susan Buckwalter, the co-founder and CEO of ginger-powered wellness brand Recoup; Dr. Juan Salinas, the founder and CEO of P-nuff Crunch, a brand of nutritious baked peanut puffs; and Michelle Razavi and Nikki Elliott, the co-founders of functional, decadent snack brand ELAVI.