Pernod Ricard’s Ace Beverage Group Acquires Canadian RTD Nude
Pernod Ricard-owned Corby Spirit and Wine, Canada’s second largest marketer and distributor of spirits and wines, has agreed to purchase RTD brand Nude for $8 million ($11 million CAD).
Kroger/Albertsons: 166 Stores and Support Assets Added To Updated Divestiture Plan With C&S
Two months after the FTC completed a review of Kroger and Albertsons’ proposed supermarket mega-merger and filed a lawsuit to block the deal, the grocery chains have added more store locations and assets to an updated version of their definitive divestiture agreement with C&S Wholesalers.
“It’s Not About Selling Out For a Big Gain”: Six Questions With New Riff Distilling Founder Ken Lewis
After a 50-year run in BevAlc that saw him launch New Riff Distilling and The Party Source, Kentucky’s largest spirits retailer, Ken Lewis retired last month.
NielsenIQ: Non-Alc Beverages Decelerate Amid Soft Volumes and Slow Pricing
Non-alcoholic beverage sales in U.S. retail decelerated in the two-week period ending April 6, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research, as “softer volumes” combined with slower pricing action and an “unusually early Easter” combined to reduce year-over-year growth.
Review: Aplós Cocktails
Aplós Cocktails is a new extension from Aplós, leveraging their previous experience of crafting functional non-alcoholic spirits into the realm of RTDs. The initial two SKUs are Chili Margarita and Ume Spritz, both packaged in sleek 12 ounce cans that promise a blend of sophistication and refreshment.
Taste Radio: It’s A Gen Z(ero) World. But, You Don’t Need Millions To Get Their Attention.
As expected, commerce reigned at the annual Coachella music festival, but which food and beverage companies stood out? We have a report. Also, Laura Merritt of Diageo Beer Company discusses how Guinness’ non-alcoholic Zero variety is helping the brand cultivate a new generation of consumers.
New Products: 5-hour Energy’s Gamer-Focused Line, Plus Goldthread, Skinny Mixes, Pepsi & More
In this week’s new products roundup, Pepsi joins forces with chef Bobby Flay to launch two new grilling-inspired flavors, Califia Farms’ latest creamer pays homage to a classic ice cream flavor and Plink enters its magnesium era.
CPG Week: Water That’s Not Beer And PE Firm Buys Cracker Company
On this episode of CPG Week, the team discuss developments in a spicy trademark dispute, water thats Not Beer and the first acquisition for a new PE firm.
Behind The CPG Slowdown: Price Hikes, Discretionary Spending and Private Label’s Newfound Popularity
Purchasing habits, higher grocery prices and an ever-changing physical and digital retail landscape have had a significant and lasting impact on both CPG companies' profits and the margins of grocery stores since the start of the pandemic.
Expanding Its Portfolio, Next Century Spirits Acquires Southwest Spirits & Wine
Next Century Spirits, the spirits supplier behind American single malt whiskey Bear Fight, has acquired a majority of Southwest Spirits & Wine brand assets, the company announced today.
‘Drive Joy and Value’: Ocean Spray’s Revl Fruits Aims to Reinvigorate Premium Juice Category
Sugar reduction has long been a concern across the juice category, and after a quiet launch late last year, Ocean Spray’s Revl Fruits believes it has come up with a recipe for success.
Review: Everhop Sparkling Hop Water
Everhop Sparkling Hop Water is a new entrant into the growing category of hop-infused sparkling waters. Each flavor pairs a specific hop variety with a splash of fruit juice, with. no added sugar and just calories per 12 ounce can.
Goldman Sachs: C-Store Beverage Sales ‘Healthy’ but Decelerated in Q1
C-store beverage sales remain in good health, but decelerated on a sequential basis in Q1 2024, according to the latest Beverage Bytes survey of convenience channel retailers by Goldman Sachs Equity Research this week.
NielsenIQ: BevAlc Sales Growth Decelerates, Volumes Decline
Total BevAlc sales growth decelerated in the two-week period ending April 6, reflecting stronger volume declines and slightly rising average pricing growth, according to Goldman Sachs Equity Research’s latest analysis of NielsenIQ data.