Senate committee members attempted to extract Kroger and Albertsons’ “side of the story” during a hearing on the $24.6 billion merger. Here are some highlights from the two and a half hour testimony.
American craft spirits are recovering from the pandemic’s downturn, according to new data from the Craft Spirits Data Project. Compiled by the American Craft Spirits Association (ACSA) and Parks Street, the annual report released this week shows that craft distillers are growing in number of distilleries and in sales.
Keurig Dr Pepper (KDP) has entered a strategic partnership with C4 Energy producer Nutrabolt and will invest $863 million for a 30% ownership stake in the brand, along with distribution rights, the company announced today.
A Reagan-Udall Foundation report released Tuesday said that the FDA’s Human Foods Program “requires adequate resources, sufficient authority, and a structure and culture that breeds success” to accomplish its goal of creating a safer food system.
Swiss-based Emmi Group is consolidating its Redwood Hill Farm and Jackson-Mitchell dairy producers under a new subsidiary called Darey Brands, formalizes the partnership that the two companies have had in place for the last five years.
Diversity, brand storytelling and investment strategies were hot topics during day two of BevNET Live Winter 2022 on Tuesday. The day’s events included a roster of speakers from around the industry including founders, grocery buyers, investors, and the event’s special guest.
SANS emerged victorious from BevNET’s New Beverage Showdown 24 today, joining a cohort of well-known beverage brands such as Health-Ade and Rise Brewing Co. who have claimed victory in the bi-annual pitch competition.
Mark Livings, co-founder and CEO of leading non-alcoholic spirits brand Lyre's, spoke about the brand’s position as a “first scaler” within a fast-growing category and how the company has prioritized market share and rapid growth. He also discussed the development of its portfolio and product road map, Lyre’s thoughtful communication strategy and how his management style supports Lyre’s torrid trajectory.
Alternative dairy brand MALK announced the close of a $9 million Series B round today to support the brand’s recent shift into national distribution.
We are finally revealing our special surprise speaker! Gwyneth Paltrow, the founder and CEO of Goop will join Quentin Vennie, an author, activist and the founder of Equitea, for a discussion on Self-Care as a marketing device and as a tool for survival.
The first day of this year's BevNET Live Winter conference featured touched on topics ranging from the state of the market and the rise of RTD cocktails, to case studies on the slow-but-calculated growth of brands like Celsius and Waterloo.
Keurig-Dr Pepper announced that former PepsiCo veteran Dr. Karin Rotem-Wildeman will be joining the company as chief research and development officer on January 9.
Six beverage startups emerged from a group of 12 contestants to secure a spot in tomorrow’s final round of New Beverage Showdown 24, at BevNET Live Winter 2022, sponsored by Coca Cola’s Venturing and Emerging Brands Unit (VEB).
The winners of BevNET’s Best of 2022 Awards embody spirit and drive, combining inspiration with effort, style, dynamism and personality. Even amid a period of global upheaval, when the world reaches for a drink, these brands and leaders are there to serve that demand.
