Press Clips: Big Soda Embraces Small; Juice Startup Looks to Raise $120 Million
Coke and Pepsi are making their smaller sizes more widely available and increasing marketing efforts on behalf of their mini-cans.
Headlines
AriZona Beverages and Welch’s Launch Sparkling Juice Cocktails
Welch’s Sparkling Grape and Welch’s Sparkling Strawberry will be packaged in AriZona’s iconic 23oz “Big Can”.
Wells Fargo Securities Downgrades Monster Stock
Despite Monster Beverage’s return to double-digit growth in dollar sales in the four-week period ending 12/20/14, analysts aren’t sold that the company can keep it up in 2015.
Distribution Roundup: Big Geyser and Glaceau Split, Whole Foods Welcomes KonaRed and Sipp
2015 kicked off with big news from New York beverage distribution heavyweight Big Geyser, which informed suppliers that the company had requested a buyout of its contract with Glaceau from Coca-Cola.
HPP Association in the Works
With new companies emerging everyday utilizing the technology, High Pressure Processing continues to look more and more like the future of food and beverage pasteurization.
NOW AVAILABLE: BevNET’s 2015 Winter Fancy Food Show Planner
The 2015 Winter Fancy Food Show, one of the largest conventions for the specialty, natural, and gourmet food and beverage industries, begins this Sunday in San Francisco. For attendees, we’ve compiled a useful list that will help you navigate the floor and reach the 75 beverage companies and beverage-related exhibitors at the event.
Press Clips: Bone Broth is Back; Coke and USA Technologies Make Up
Bone broth may have debuted during prehistoric times but apparently it’s now coming back in a big way. The New York Times recently profiled the drink, which has become particularly appealing to those involved in another popular trend, the Paleo Diet.
Executive Refresh: Purity Organic Makes Moves in Operations, Marketing
Having updated its leadership ranks via internal promotion and external hires, Purity Organic is now aiming to round out its executive team with a proven manager to head up its sales department.
Dr Pepper Snapple Group and Keurig Partner for Launch of Keurig Cold
Today Keurig announced that it has reached a multi-year agreement with Dr Pepper Snapple Group that will give the company exclusive rights to produce single-serve pods for brands in DPSG’s portfolio.
Naked Emerging Brands Shaken Up, Sales Force Consolidated
During its three-year run, Naked Emerging Brands created one partnership, but has not developed as a VC shop and struggled to define itself within the Pepsi system.
Declining Gas Prices Boost Beverage Sales in C-Stores
Dollar sales of carbonated soft drinks (CSD) were up 3.6 percent in the U.S. C-store channel in the four-week period ending on December 2014.
Private Equity Firm Takes Majority Stake in Juice Maker Sun Orchard
Centre Partners, which focuses on “control investments” in the consumer, healthcare and business services industries, today announced the purchase of a majority interest in Sun Orchard, a leading provider of juices and other beverages for the foodservice industry.
Big Geyser to Drop Glaceau Brands
Big Geyser, which has been responsible for much of the success of Glaceau in New York, will cease to carry Glaceau products by March.
Press Clips: Coke Makes Cuts, PepsiCo Launches ‘Drinkfinity’
Coca-Cola Co. is cutting at least 1,000 to 2,000 jobs worldwide, according to the Wall Street Journal. The cuts come as part of a $3 billion cost-cutting plan that the company announced in October, a response to widespread declining soda sales.