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DAILY NEWSLETTER
March 25, 2020
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TODAY'S FEATURED STORIES
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Martín Caballero and Carol Ortenberg
Even as the coronavirus has ground most of the U.S. economy to a near stop, food and beverage suppliers and retailers — deemed an essential business by state and federal governments — are running at full speed, and looking to expand.
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Brad Avery
Jones Soda reported revenue and gross profit declines during its Q4 and full year 2019 earnings report, released yesterday, driven by a 9% drop in its fountain business as the result of a decrease in the brand’s 7-Eleven store count. The Seattle-based craft soda maker reported $11.5 million in full year revenue, down 6% from $12.6 million the year before.
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Jeffrey Klineman
In a video call with BevNET editor-in-chief Jeff Klineman, Adnan Durrani, the CEO of American Halal, the maker of the Saffron Road line of meals and snacks, gave strategic insight into the challenges of operating a large food and beverage company during these chaotic times.
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In this gallery, we highlight a selection of new ready-to-drink cocktail releases, including low sugar cocktail launches from XED, Well and Miami Cocktail Co., along with three new vodka expressions from Insolito and limited edition offerings from Van Gogh Vodka and Germain-Robin.
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Announced in February, Tea Riot Plant-Powered Energy is both a new product and a pivot for the company. Whereas its previous offerings were non-carbonated beverages, this one is carbonated and is packaged in a 16 oz. tallboy can.
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BevNET Staff
Brand leaders will share their Expo West news during BevNET and NOSH's Elevator Talk Livestream on Thursday, March 26, from 3-4 PM ET with special hosts Darren Rovell, Ray Latif and Mike Schneider. Retailers, investors, distributors, suppliers, service providers and fellow brands can tune into the live feed on the BevNET and NOSH home pages, Elevator Talk pages, as well as on the BevNET LinkedIn and NOSH LinkedIn pages.
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SPONSORED BY |
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Tulua
Tulua makes the most powerful and complete line of functional shots, made with organic, cold-pressed juices that are High Pressure Processed and use pure, high-quality ingredients. Tulua Ginger Shots are the strongest on the market, with 23,000mg of Peruvian ginger juice in each 2 oz shot. Tulua Probiotic Shots feature functional juices plus 1 billion CFU of probiotics, which have an estimated 78% better gastric survival rate than most other probiotics. Tulua Vitality Shots are potent blends featuring ingredients like cold-pressed Hawaiian turmeric and Apple Cider Vinegar. All products are produced at our own state-of-the-art facility.
Learn more at www.drinktulua.com
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FEATURED INDUSTRY JOBS
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Three Taverns Craft Brewery
Decatur, GA
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The Independent Brewers Alliance Purchasing Co-op
USA
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Athletic Brewing Company
San Diego, CA
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World Finer Foods
Bloomfield, NJ
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King Arthur Flour
White River Junction, VT
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BevNET.com, Inc. 44 Pleasant St., Watertown, MA 02472
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