From acquisitions to new investments and the rise (or fall) of various brands and categories, the impact of the past year will continue to be felt well into 2018. We’ve put together our list of the Top 10 Most Read BevNET stories of 2017.
The Coca-Cola Company today announced that Irial Finan, a 36-year veteran of the Coca-Cola system, plans to retire from his post as Executive Vice President and President of Bottling Investments Group, or BIG.
In this Press Clips roundup, Forbes looks into speculation that Coke may be seeking to move into alcoholic beverages in the future, while a report in Fox Business examines the impact of ready-to-drink cold brew coffee at retail.
In this In the Courtroom roundup, the country's three largest soda companies face multiple lawsuits alleging their diet products are false and misleading to consumers trying to lose weight, while Forager Project gets hit with a class action suit claiming its cold-pressed juices are also misleading.
In this Press Clips roundup, a city-wide project to install public sparkling water fountains across Paris is underway, while elsewhere The Washington Post reports on Coke Zero Sugar's impact on the diet soda market.
Zupa Noma enters Whole Foods NoCal and Wegman's nationwide; Coca-Cola Company completes its refranchising effort; New Age Beverage Company partners with Dot Foods for new channel penetration; Powell & Mahoney get into Whole Foods; Arteasans digs into the midwest.
During a conference call with investors today, The Coca-Cola Company reported net revenues of $9.08 billion for Q3, surpassing analysts’ projections of $8.72 billion. The company also noted that organic growth was up by 4 percent.
Though convenience store traffic has dipped in 2017, you couldn’t tell from looking around the packed floor at this year’s National Association of Convenience Stores (NACS) show last week in Chicago. Exhibitors from across the spectrum of food and beverage took over two halls of the McCormick Place for three days, showcasing a range of new products and innovations that will be rolling out to c-store coolers over the next year.
BIRMINGHAM, AL (October 2, 2017) (PRNewswire) — Coca-Cola Bottling Company UNITED, Inc. (“UNITED”), headquartered in Birmingham, announced today that it closed transactions with Coca-Cola Bottling Co. Consolidated and The Coca-Cola Company (“The Company”) for the acquisition of 10 new sales and distribution territories, as well as a production facility, in locations throughout the southeastern United States.
The newly-acquired territories include: Florence, Leroy, Mobile and Robertsdale …
The Coca-Cola Company today announced the acquisition of premium sparkling mineral water brand Topo Chico through its Venturing & Emerging Brands (VEB) unit for a reported fee of $220 million. The acquisition of Topo Chico, founded in Mexico in 1895, gives Coke a leading brand with strong consumer affinity, particularly in Texas, within the rapidly growing $4 billion sparkling water category.
In this Press Clips roundup, Brigham Young University brings caffeinated soft drinks back after an over 50 year hiatus, Yoko Ono sues to protect image rights for John Lennon from a Polish beverage brand, and the U.K. becomes a major consumer of coconut water.