Slumping on-premise accounts “more than offset” an increase in retail sales for The Coca-Cola Company during Q3 of this year, according to a company earnings report released today. Global case unit volume fell 4% in the quarter, while net revenues declined 9% year-over-year. Organic revenues fell 6% and operating income was down 8%
Hrbvor, which is short for “herbivore,” is a new sparkling beverage made with a cold-brewed infusion of organic leaves and flowers, including moringa, hibiscus, lemongrass and peppermint. The line is sweetened with raw honey, erythritol and monk fruit.
Vertosa, a California-based cannabis infusion company specializing in emulsion technology, this month announced a slate of partnerships to develop THC-infused drinks with multiple beverage companies this fall, including beer maker Pabst Blue Ribbon (PBR) and sessionable tonic maker Cann.
The New York City-based brand, which markets a three-SKU line of natural energy shots featuring caffeine from green tea, is set to enter 12,000 c-store locations in Florida via DSD distribution over the course of the next six months, starting with a launch in 1,000 stores in November.
Bolthouse's new line of Plant-Based Protein Keto beverages, which debuted in August, are part of the company’s move to go deeper into the plant-based market, targeting flexitarian consumers who want to consume more healthy, sustainable options.
Bulletproof 360 is launching redesigned packaging and a new line of cold brew lattes as the company targets nationwide, omnichannel retail expansion. The new packaging is aimed at streamlining the brand’s look and feel across all products, including beverages, food and supplements
Somewhere in the overlap between digital disruption and good old fashioned beverage sales, Iris Nova founder and CEO Zak Normandin is seeking the path to long-term profitability.
In this Spirits Gallery, we highlight a handful of notable new releases for this fall, including a celebratory expression to mark Kings County's 10th anniversary, the launch of Cincoro Tequila's "Number Series," and a new agave-based vodka from Crystal Head.
Sugar-free soda Tab, the first diet cola released by The Coca-Cola Company, is the latest brand to be discontinued as part of the company’s ongoing purge of underperforming ‘zombie’ brands.
After six years of bootstrapping, cocktail mixer and cannabis beverage maker 18.21 Drinks is targeting rapid growth through a rebranded product portfolio rolling out now.
Nick Desai, founder & CEO of pea-based snack brand Peatos, spoke about why he’s taking direct aim at legacy junk food brands, how to achieve meaningful scale amid consumer skepticism about better-for-you snacking, why he believes that he’s doing the right thing regardless of the brand’s chances for success and his perspective that the American dream “is still very much alive.”
Cascara tea company Peloton is enlisting public support for its fight against a petition filed by fitness technology company Peloton Interactive to cancel its trademark for coffee-based beverages. The tea company launched a GoFundMe page this week to assist with legal costs as it prepares to challenge a Petition for Cancellation the fitness company filed with the United States Patent and Trademark Office last week.
In an email today the Specialty Food Association announced the cancellation of the organization’s 2021 Winter Fancy Food Show, which was to be held in San Francisco on January 17-19. The annual trade show and conference highlights food and beverage producers targeting the specialty food channel.
A slate of low calorie, functional products bearing the hallmarks of classic sodas has begun hitting the shelves nationwide. Generally focused on promoting gut health through the addition of pre- and probiotics, these products are still young and not wholly proven, but strong sales momentum and institutional interest suggest they may have the potential to become a viable new subcategory.
