Total convenience channel sales for major categories grew at just 0.4 percent in the four week period ending March 23, underperforming all other channels according to an analysis of Nielsen scanner data by Wells Fargo Securities.
![Monster Files Amended Complaint Against VPX [Updated]](https://dg6qn11ynnp6a.cloudfront.net/wp-content/uploads/2019/04/03155223/Bang-Monster_970-150x150.jpg)
Monster Energy has fired back against Vital Pharmaceuticals (VPX Sports) in a First Amended Complaint that accuses the Bang maker of “flagrant consumer deception and anti-competitive business practices.”
Lauren Mones is the founder and CEO of Fermenting Fairy, a company that develops a line of probiotic and fermented foods focused on healing the gut. The brand’s clean ingredient beverages include fermented ginger-based lemonades and vegan coconut milk kefir.
Perennial is seeking to tap into the sizable over-50 consumer base with a product designed to promote healthy aging. The brand, which launched online this week, was created by Brent Taylor, co-founder of plant-based protein brand Beyond Meat, and food scientist and Willow Cup co-founder Sarah Bonham.
Outgoing U.S. Food and Drug Administration (FDA) chief Scott Gottlieb today announced new steps towards clarifying and constructing a legal framework around cannabis and cannabis-derived products, including the formation of an exploratory group examining CBD supplements and foods, and a public hearing for “stakeholders to share their experiences and challenges with these products.”
Dr. Bronner’s CEO David Bronner joined us for a wide-ranging interview in which he spoke about his roots with the natural soap company and how his advocacy for hemp contributed to the evolution of the brand. He also explained why he supports the use of psychedelics within the context of the company’s philanthropic strategy, discussed what makes Dr. Bronner’s concept of corporate responsibility different from its peers and how it is preserving its legacy.
All channel sales for snacks and non-alcoholic beverages grew 5.1 percent during the four-week period ending Mar. 23, according to an analysis of Nielsen data by Wells Fargo Securities.
David Meniane Leaves L.A. Libations, Joins US Auto Parts; BodyArmor Names VP of Commercialization and Revenue Growth; Soylent Hires New VP of Product Development and Innovation; Misfit Foods Co-Founder Steps Down
Functional beverage brand LifeAID announced today it has raised $7.7 million to support expanded nationwide distribution as the company seeks to grow in mass, grocery and convenience accounts across the country.
After spending a year and a half acquiring and developing three distinct beverage brands -- Just Chill, Wild Poppy, and Victoria’s Kitchen -- Life on Earth president JC Romagosa said the New York-based beverage company is now gearing up to begin supporting those products with a concerted sales and marketing push.
Speaking to investors on the company’s fourth quarter and full year earnings report call yesterday, Reed’s CEO Val Stalowir said since completing its three-phase rebrand and company restructuring the ginger beer maker is now focused on accelerated growth in 2019.
Against the backdrop of ongoing U.S. arbitration with Monster Energy, The Coca-Cola Company shared details of its plans to launch a new natural energy drink in Europe next month.
Last year, Molson Coors acquired Clearly Kombucha to mark the company’s first purchase of a non-alcoholic beverage brand. Nine months later the small California-based brand has a refreshed look and an energized market strategy aimed at growing the brand’s presence in the kombucha set.
How did a small, fast-growing city in Central Oregon become a haven for food and beverage entrepreneurship? We recently met with entrepreneurs and business leaders in the city of Bend to discuss its emergence as a West Coast business capital.
