Looking to set the company on a path to profitability, Super Coffee has named Tyler Ricks as its new CEO with co-founder Jimmy DeCicco moving into the new position of chief brand officer and executive chairman.
The Coca-Cola Company is getting into the holiday spirit with the debut of its “Christmas Always Finds a Way” Anthology Film Series. The films are each set on a different continent but are “united by their core creative territory” that celebrates the power of Christmas in creating real and magical connections.
Rainforest Distribution has opened a warehouse in South Easton, Massachusetts, expanding its services beyond its home base of New York into New England, according to information posted online.
Colorado-based beverage distributor Legacy Distribution Group, a subsidiary of CBD Global Sciences Inc., has completed its previously announced purchase of NewAge, Inc.’s direct store distribution business for over $2.2 million, according to a press release issued last week.
Good Karma Foods has named Mike Murray as its new CEO as the plant-based dairy alternative producer prepares to close a new financing round led by Valor Siren Ventures (VSV) and Loft Growth Partners.
Their flagship products have a suggested retail price that is nearly double those of legacy and competing brands. And, yet, Serenity Kids is outpacing them all. In this episode, founders Serenity and Joe Carr spoke about why maintaining a premium price point is key to the brand’s value proposition, their thoughtful sourcing and operations strategies, how they developed a sophisticated understanding of the packaged food industry and their rigorous hiring process.
Cometeer, the Massachusetts-based maker of flash-frozen coffee pods, laid off a number of employees across departments last week in a move sources described as an attempt to cut costs. The innovation-focused startup had grown to over 100 employees this year, following a $35 million funding round in 2021 that brought its total financing to around $100 million.
Washington State’s Supreme Court extended the block on Albertsons' $4 billion special dividend payment to shareholders late last week by granting the state attorney general’s (AG)’s request for emergency injunctive relief.
Suja CMO Greg Rose is wrapping up a nearly six year tenure with the cold-pressed juice brand. Rose announced his departure from the San Diego, California-based company, effective at the end of next week. Also, Bang Energy COO Kathy Cole appears to have left the company.
Washington-based craft distiller Heritage Distilling announced this week its plans to merge with Better World Acquisition, a special purpose acquisition company (SPAC), to go public in a transaction that has a pro forma enterprise value of over $122 million.
Energy drink brand Celsius reached a $7.8 million settlement agreement late last month with a consumer group that claimed the drink’s front-of-can “No Preservatives” callout was misleading due to the product's inclusion of citric acid.
In this week’s new products’ roundup, Spindrift makes its first foray into the mocktail set, Wild Tonic announces a new series extension on the heels of its recent rebrand and MatchaKo makes its national debut.
With his latest beverage alcohol play, sports business analyst and CPG investor Darren Rovell is feeling the heat – and he’s excited for it. Kickstand Cocktails launched earlier this year with a line of spicy ready-to-drink canned cocktails with 5.5% ABV per 12 oz. can.
Colorado-based beverage maker Hoplark is separating into two subsidiaries: Hoplark, which will oversee the core brand as it currently exists, and Hoplark Labs, a tech-driven division that will launch new beverage brands and products under the leadership of the company’s founder, Dean Eberhardt.
