Bevi Brings on Tech Executives as Company Scales; Monster Promotes Tierre, Carling; Vivian Rhoads Leaves Verge for Supplements Company; Acosta Names Former C&S Wholesale Exec as CEO; Convergent Coffee Co. Brings on New VP of Sales, Operations Director; AB InBev Creates New Executive Leader Roles
United Natural Foods, Inc. (UNFI) announced today that it will acquire grocery retailer and wholesaler SUPERVALU for $2.9 billion, including debt. Through this deal, the company said it expects to see combined net sales of more than $21 billion.
A new class of rising star beverage brands will take the BevNET Live stage to compete in the 16th edition of the New Beverage Showdown. The business pitch competition, respected for its record of identifying highly innovative next-generation beverage brands, will take place on December 3rd and 4th at BevNET Live Winter 2018 in Santa Monica, CA.
The Coca-Cola Company’s revamped diet and zero sugar soft drinks continue to bolster overall sales. On a call with investors and analysts, the beverage conglomerate announced organic revenue was up by 5 percent.
As previously announced, WTRMLN WTR is extending their “BLNDS” line of flavored watermelon waters with four additional flavors for summer 2018. These flavors, which include Mint, Cucumber, Cayenne, and Blood Orange, will be available in the same 12 oz. bottle that is used throughout the line.
Acclaimed chef and entrepreneur Rick Bayless discusses why authenticity has been the guiding principle throughout his career and is an indispensable asset in the food business. Susie Fogelson, who for 15 years guided marketing efforts for the Food Network explains why transparency is an opportunity for brands to tell a story. Meet Jamie Meltzer, the founder of upscale fruit jerky brand Watermelon Road, who was victorious in NOSH Live’s Pitch Slam 4.
Strong numbers for energy drinks and water fueled a 5 percent increase in total snack and non-alcoholic beverage sales during a four-week period ending on July 14, according to a report on Nielsen all-channel data by Wells Fargo Securities.
The company’s offering, which is packaged in 2 oz. plastic bottles, takes the form of three functional varieties: Energy with Coffeeberry & Reishi, Digestion with Turmeric & Probiotics, and Immunity with Ginger & Probiotics.
PepsiCo Announces Incubator Program "The Hive”; Soda Taxes Upheld in Philadelphia, But Unlikely to Spread in Pennsylvania; Starbucks and McDonald’s to Collaborate on Sustainability
Venture capital fund AccelFoods has re-upped on its initial investment in carton water company Rethink Brands, leading a $6.7 million round announced in a press release Monday.
Made in Bend, OR, Riff Cold Brew is a line of cold brew coffee that is available in both single serve and bag-in-box formats. Today, we’re taking a look at their single serve product, which is packaged in 12 oz. glass bottles.
Private equity firm Alliance Consumer Growth, which includes beverage maker Suja in its portfolio of investments, announced this week the close of its fourth fund at $350 million.
Monster Settles Class Action Over ‘Natural’ Claims; Canada Dry Targeted in Class Action Suit Over "Made from Real Ginger" Slogan
Role Tea drastically expanded its distribution earlier this month, True Nopal Expands Distribution in Texas, Sunshine Beverages Grows in the Carolinas and Petal Launches on Amazon.
