Distribution Roundup: MALK Goes National With Whole Foods
Malk Organics is now available nationwide at Whole Foods, while Protein 2o makes a push into the South and KeHE lands a pair of new functional beverage brands.
Taste Radio Ep. 125: Shake Shack’s Secret to Success is Surprisingly Simple
Shake Shack COO Zach Koff explains how the restaurant chain’s surprisingly simple business philosophy led to stunning success; Zak Normandin, CEO, Dirty Lemon takes us on a deep dive inside its innovative detox-to-your-doorstep business model.
Nielsen: Beverage Sales Rise Across All Channels
Overall snack and non-alcoholic beverages sales were up 5 percent during a four-week period ending on August 11, according to a report on Nielsen all-channel data by Wells Fargo Securities.
Review: Cuvee Nitro Horchata Coffee
Austin, Tex. based Cuvee Coffee, one of the first companies to create Nitro cold brew in ready-to-drink form, has continued to push forward when it comes to launching creative and innovative offerings. This product, which is an horchata flavored coffee, continues that trend.
PepsiCo Acquires SodaStream For $3.2 Billion
PepsiCo this morning announced it has entered into a $3.2 billion agreement for the purchase of Israel-based SodaStream International Ltd., makers of tabletop machines that allow users to make carbonated water in reusable bottles.
People Moves: Celsius Names Full Time CFO
Celsius has named Edwin Negron-Carballo as the company's new CFO, who told BevNET his experience in supply chain logistics and distribution can help correct inventory shortfalls that impacted the company's Q2 earnings. Also, NWNA and Kohana Coffee get new hires, while Hoist appoints an advisory team.
Ethan’s Launches MCT Shot Line
The company announced the new four-SKU MCT Shot line last month, including Coffee, Matcha, Orange Cacao, and Turmeric Ginger varieties. Each product uses a base of 8g of MCT oil with added organic ingredients.
Review: Evolution Fresh Kombucha
As previously reported, Starbucks-owned Evolution Fresh is getting into the kombucha category. The six initial flavors of organic kombucha include Ginger Lemon Honeycrisp, Mango Pineapple, Spicy Greens, Ginger Greens, Turmeric Pineapple Coconut, and Pink Grapefruit.
CBD Bev Leaders Mount Response to California Regulations
Beverage brands are at the front of a campaign to protect sales of cannabidiol (CBD) in California, after the state’s Department of Public Health (CDPH) released a revised FAQ stating the hemp-derived ingredient is not approved as a food or dietary supplement.
Elevator Talk: Rambu Introduces Southeast Asian Flavor to the U.S. Beverage Market
Rambu brings Southeast Asian flavor to the U.S. market by infusing their beverage with rambutan, a tropical fruit. The company's low calorie, low sugar offering targets health-focused consumers, particularly millennial women, who care about current social issues.
New Age Reports $15.2M In Q2 Revenue
New Age Beverages reported revenues of $15.2 million for the second quarter of 2018, a 2 percent decrease from the same period last year, in an earnings call yesterday.
Review: Wonder Drink Prebiotic Kombucha
Adding prebiotic content to kombucha is Wonder Drink’s latest attempt to differentiate in a category that has seen competition stiffen amid a seemingly never-ending supply of new product entries.
Taste Radio Ep. 124: Milk Street/America’s Test Kitchen Founder: ‘Nothing is Authentic’… Food Is a ‘River That Keeps Moving’
Christopher Kimball, the founder of Milk Street and America’s Test Kitchen, explained his perspective that, at its core, there is nothing “authentic” about food, which he views as a “river that keeps moving,” shared his stance on buzzy trends and why flavor is what’s missing in the discussion about organics.
Coke Takes Minority Stake, Distribution Rights For BodyArmor
The Coca-Cola Company today announced it has agreed to purchase a minority stake in BodyArmor, a move that will see the sports drink brand exit its distribution partnership with Keurig Dr Pepper (KDP) and enter Coke’s nationwide bottling system.