Beverages

Massachusetts governor vetoes raw milk distribution, seeks stricter regulation

The proposal would have expanded availability of the unpasteurized product through agriculture groups and at certain farm stands.

By Cathy Siegner • Aug. 17, 2018

USDA buying $50M of surplus milk amid industry glut

The liquid, which will be donated to local food banks, marks the first time the department has purchased excess supply of the dairy product.

By Patti Zarling • Aug. 16, 2018

Constellation blazes trail in marijuana, investing $3.9B more in Canopy Growth

The maker of Corona and Modelo beer is increasing its ownership in the Canadian cannabis firm to 38%, a move that could keep it at the forefront of this budding industry. 

By Emma Liem • Aug. 15, 2018

Coca-Cola culling portfolio to rid it of 'zombie brands'

CEO James Quincey said that "taking a more disciplined approach" to the beverage giant's portfolio is one way to reduce complexity in its operations.

By Jessi Devenyns • Aug. 15, 2018

Heineken CFO: To do well in today's beer market, think locally

The fiscal head of the world's second-largest brewer told The Wall Street Journal they are focusing on brands with a defined personality and story.

By Cathy Siegner • Aug. 15, 2018

Coca-Cola takes stake in BodyArmor in effort to unseat Gatorade

The beverage giant paid an undisclosed amount for a portion of the sports drink startup, with an option to take full ownership in the future.

By Christopher Doering • Aug. 14, 2018

Many 'organic' dairy products aren't truly organic, Cornucopia Institute says

The watchdog group said in a report that many factory farms are cheating customers by flooding the market with milk that's not truly organic — driving out family businesses and harming rural areas in the process.

By Cathy Siegner • Aug. 14, 2018

Tea makers stepping up as millennials, Gen Z demand more

Younger consumers are looking for higher-quality varieties of the product, and the market is responding by producing more upscale, organic and natural versions.

By Cathy Siegner • Aug. 09, 2018

Monster reports strong sales gains, but margin pressures persist

The energy drink maker said its performance was negatively impacted during the second quarter by higher costs for promotions and aluminum cans. 

By Emma Liem • Aug. 09, 2018

Sales surge at newly merged Keurig Dr Pepper​

In its first earnings announcement since the tie-up in July, the beverage giant reported strong results in K-cups, Canada Dry, Bai and Mott's juices. 

By Christopher Doering • Aug. 08, 2018

Walmart pushes into the premium coffee space

The country's largest retailer is taking aim at the "third wave" of premium coffee consumption by exclusively offering the organic Mash-Up Coffee brand.

By Cathy Siegner • Aug. 07, 2018

MillerCoors pulls millennial-focused beer 6 months after launch

The decision to end production of Two Hats comes as the company focuses more attention on improving the health of its ailing Coors Light brand.

By Emma Liem • Aug. 07, 2018

AB InBev's new accelerator zeroes in on sustainability-focused startups

The beer giant wants applications by Sept. 14 for its pilot 100+ Accelerator initiative designed to help solve a number of global environmental issues.

By Cathy Siegner • Aug. 06, 2018

PepsiCo's Indra Nooyi to leave CEO post after 12 years at the helm

Current president Ramon Laguarta, a 22-year veteran of the New York-based beverage and snacks maker, will take over the role on Oct. 3.

By Christopher Doering • Aug. 06, 2018

Nestlé works to convince US consumers it's more than a chocolate company

The Swiss company is constantly adjusting its portfolio to better reflect trends in food, with M&A expected to be a big part of that strategy going forward, according to one executive.

By Christopher Doering • Aug. 02, 2018

Molson Coors plans to 'aggressively address' flat North American sales

The brewer of Miller Lite and Coors Light also said its Canadian unit formed a joint venture with Hydropothecary Corp. to develop non-alcoholic, cannabis-infused beverages.

By Christopher Doering • Aug. 01, 2018

Nestlé names new CMO for North American water portfolio

Yumi Clevenger-Lee​'s background in product innovation and launches could help the marketer stay competitive in a quickly moving category.

By Erica Sweeney • Aug. 01, 2018

Consumers look beyond ingredients when deciding what product to buy

Manufacturers are turning to bolder flavors, colors, packaging and new messaging to get shoppers excited about their product, according to one analyst.

By Jessi Devenyns • July 31, 2018

Consumers control sugar intake with new bottle

Kolibri Drinks' design stores the sweetener in the cap so those drinking can choose how much they want to add to their beverage. 

By Jessi Devenyns • July 30, 2018

Boston Beer earnings fall short of estimates

The brewer's stock price dropped 41% the morning after it reported losses due to marketing, packaging and shipping costs.

By Krishna Thakker • July 27, 2018

Dairy drama: FDA will ask the public what milk means to them

After years of debate, the question of how to define milk is out of the courts and back to the regulators.

By Jessi Devenyns • July 27, 2018

AB InBev's struggle to revive US sales continues

Growing consumer interest in small brewers and international imports, and a hefty marketing spend around the World Cup, weighed on its Q2. 

By Emma Liem • July 26, 2018

Coca-Cola's diet drinks boost Q2 performance

The beverage giant exceeded Wall Street expectations, with a net income of $2.32 billion compared to $1.37 billion in the same quarter last year.

By Emma Liem • July 25, 2018