During an earnings call with investors on Thursday, CEO Kevin Johnson partially attributed the company’s growth during the quarter to its $384 million sale of Tazo Tea to Unilever in November, as well as the strategic decision to close Teavana cafes in order to focus on that brand’s CPG products.
Buoyed by an expansion of its cold-chain distribution network Coldcraft, the Emeryville, Calif.-based coffee roaster and retailer is preparing several new RTD product launches over the coming weeks to further build its brand presence across multiple retail channels.
PepsiCo’s snack business helped offset declining performance from its beverage brands during the first quarter of 2018, according to financial results released by the company earlier today.
The company, which launched online in November 2017, markets a line of plant-based protein beverages targeted at active women. Each SKU is vegan and non-GMO, contains 180 to 190 calories per 11 oz. Tetra Pak container, and has 13 g of protein.
Dr Pepper Snapple (DPS) saw net income decline and revenue increase during the first quarter of 2018, according to a Form 10-Q filed with the Securities and Exchange Commission (SEC) this morning.
Courtney Reum, co-founder of M13, explains why the brand development and investment firm focuses on the convergence of consumer brands, media and tech; meet Wing Lam, the wild and winsome co-founder of the iconic restaurant chain Wahoo’s Fish Taco; an Elevator Talk that will pique your interest in “cold brewed tea crystals.”
The Coca-Cola Company touted its Diet Coke rebrand, the performance of Coke Zero Sugar, and its 2017 acquisition of sparkling water brand Topo Chico as positive contributors to its Q1 2018 financial results during a conference call with investors on Monday.
Sound Tea Gains DSD in New York with Gold Coast, Target Launch Announced; CHERRiSH Partners with CoreMark; Flow Water Enters Sprouts Farmers Market; Hydrive Energy Water Announces Southeast Grocer Expansion
Respectable growth from The Coca-Cola Company and Monster Energy Corp. helped non-alcoholic beverage sales in C-stores rise 3.4 percent in Q1 despite poor weather, according to a survey of over 15,000 retailers conducted by Wells Fargo Securities.
As kombucha continues to penetrate mainstream retailers, brewers are exploring new ways to capture a larger share of the expanding set and create differentiation within it. Following the example of craft beer, they are increasingly looking to cans as a way to realize kombucha’s full potential.
Brew Dr. Kombucha has appointed EVP of Business Development Marty Wall as the company’s first President, the company told BevNET on Wednesday; John Fieldly approved as permanent CEO of Celsius
Clean Cause — which markets a natural energy drink line, a premium water and a ready-to-drink sparkling yerba mate beverage — is helping individuals struggling with substance abuse addiction begin the process of rebuilding their lives after completing a rehabilitation program.
A self-described “entrepreneurial junkie,” Lance Collins -- the founder of Fuze, BodyArmor and Core -- is still itching for his next fix; How financial discipline, hustle and perseverance has paid dividends for Q Drinks founder Jordan Silbert.
Following nationwide controversy after two black men were arrested in a Philadelphia Starbucks the company has said it will review its policies; PepsiCo trials Aquafina dispensers; Public outcry after Nestle is cleared to increase its pumping of Michigan groundwater; Finlays opens a Rhode Island facility; Lavazza reveals it turned down offers to sell from both JAB and Nestle.
