Nestlé Sells Tradewinds and Sweet Leaf Tea

Nestlé Waters North America today announced the sale of ready-to-drink iced tea brands Tradewinds Tea and Sweet Leaf Tea Company to Dunn’s River Brands, a portfolio company of private equity firm Fireman Capital Partners based in Texas.

Premium Juice Takes On Sugar Challenge

In the face of the growing anti-sugar movement, juice brands are responding by refining their offerings and attitudes towards the formulation, marketing and processing of their products in divergent and innovative ways.

Sunshine Beverages Grows with Teall Investment

Recent investment in the company from Teall Investments is fueling plans for expanding distribution in the near future. In June, Teall acquired a majority stake in Sunshine Beverages.

Target Acquires Shipt for $550 Million

The big box retailer announced today that it has agreed to acquire Shipt, Inc., a leading online same-day delivery platform, for $550 million in cash. Terms of the deal, which is expected to close before the end of the year, were not fully disclosed.

Taste Takeover: 5 Flavor Trends from BevNET Live

At last week’s BevNET Live in Santa Monica, California, flavor and extract companies predicted their taste trends of 2018. Here’s what they expect consumers to be craving most in the new year.

BevNET Live 2017: Analyzing Global Trends

From coconut water to kombucha, global trends can predict the next big category in the U.S. Observing the drinking habits of people around the world can reveal an early glimpse of what might be showing up in New York City bodegas and L.A. convenience stores in the near future.

Review: Seven Sparkling Water

Seven Sparkling Water, which was created by the same folks behind Project 7, is a new entry into the explosive flavored sparkling water category.

People Moves: Soylent Founder Steps Down, Crowley Named CEO

Soylent founder and CEO Rob Rhinehart stepped down today, announcing in a blog post that it was time to “pass the reins” to a leader with more management and beverage industry experience. He will remain on the company’s board of directors as executive chairman and is the largest shareholder.

Soda Tax Update: Philly Tariff To Be Challenged

A few months after Chicago government officials voted to repeal the city’s soda tax, Philadelphia's version of the controversial tariff may be headed for a similar fate.

Boochcraft Bucking Kombucha Trends With Boozier Brews

Rather than fight for room in a kombucha market growing more crowded and competitive every day, Boochcraft has taken a different approach: jumping from the category standard of 0.5 percent alcohol by volume (ABV) or lower to around 7 percent.