Beverages: Page 90
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Investment firm buys dairy icon Borden
The Washington, D.C.-based private equity firm is no stranger to the food sector with investments in Hispanic retailer Fiesta Mart and Igloo coolers.
By Christopher Doering • July 12, 2017 -
USDA
Land O'Lakes launches incubator to challenge plant-based alternatives
The agricultural cooperative's program will help nascent dairy companies in efforts such as brand building, financing, manufacturing and distribution.
By Emma Liem Beckett • July 12, 2017 -
Trendline
Mergers and acquisitions
Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.
By Food Dive staff -
Retrieved from PepsiCo on October 14, 2013
Higher prices sweeten PepsiCo's Q2 earnings
The beverage giant posted revenue of $15.71 billion and expects to meet its fiscal 2017 goal of organic revenue growth of at least 3%.
By Emma Liem Beckett • July 11, 2017 -
Budweiser's latest package design honors states where beer is made
Earlier this summer, the AB InBev-owned brew reintroduced its patriotic bottles and cans to raise money for armed forces members and their families.
By Christopher Doering • July 7, 2017 -
Energy drink makers innovate to create a natural buzz
As the segment continues to grow, beverage companies are looking to differentiate with ingredients such as ginseng and whole coffee cherries.
By Caroline Macdonald • July 6, 2017 -
Craft breweries fight big beer encroachment with new logo
The Brewers Association said the seal is available to operations of 6 million barrels or less, and where no more than 25% of the ownership comes from a non-craft entity.
By Christopher Doering • July 6, 2017 -
Amazon causes uproar after switching La Croix water from Prime to its Fresh service
Fans of the sparkling beverage are voicing their frustration in what appears to be a move by the online giant to build its grocery delivery business.
By Jeff Wells • July 6, 2017 -
Suja Juice may enter alcohol-free kombucha market
The cold-pressed juice and drinking vinegar maker is looking to infiltrate the booming beverage segment, which has grown into a $429 million industry.
By Caroline Macdonald • July 6, 2017 -
H-2-Organic: 25% of Americans looking to purchase the specialty water
The beverage is the latest variety to enter the popular segment, competing with sparkling, mineral and other options.
By Emma Liem Beckett • July 6, 2017 -
Maxwell House aims to attract millennials with caffeine-boosted coffee
The new Max Boost line allows consumers to customize their at-home brewing experience with three different levels of the morning pick-me-up.
By Caroline Macdonald • July 5, 2017 -
UPDATE: Judge delays implementation of Chicago soda tax
The Illinois Retail Merchants Association and several grocers have challenged the penny-per-ounce tax, set to go into effect July 1, saying it's unconstitutionally vague.
By Megan Poinski • June 30, 2017 -
Lower barbecue prices lead to sizzling deals for retailers
According to the Farm Bureau, a meal of 14 items — including hamburger, baked beans, hot dogs and watermelon — will cost $5.57 per person.
By Caitlin Mannering • June 30, 2017 -
Beer for brunch: Brewers hope to make morning the right time for a drink
Companies are producing varieties that pair well with bacon, eggs and pancakes, hoping to build a bigger audience for the alcoholic beverage.
By Christopher Doering • June 30, 2017 -
Constellation Brands earnings top estimates as beer sales surge
While sales of Modelo and Corona were strong, wine and spirit sales declined 4%, mainly due to “promotional activity,” according to the company's CEO.
By Jeff Wells • June 29, 2017 -
Dean Foods expands outside of dairy with Uncle Matt's Organic purchase
The leading milk processor did not disclose how much it paid for the maker of probiotic-infused juices and fruit-infused water.
By Christopher Doering • June 26, 2017 -
Giant serves up Beer & Wine Eateries in more stores
More grocers are adding in-store bars to create a shopping experience that entices consumers to stay longer, buy more and return often.
By Sandy Skrovan • June 23, 2017 -
Dr Pepper replaces Bai founder with company insider
The replacement of Ben Weiss with Lain Hancock comes five months after the soda giant purchased the antioxidant-infused beverage company.
By Christopher Doering • June 23, 2017 -
Diageo buys George Clooney-owned tequila brand for up to $1B
The purchase of Casamigos follows the spirit maker's goal to expand into the fast-growing super-premium alcohol category popular with consumers.
By Christopher Doering • June 22, 2017 -
Cloudy with a chance of craft beer: Ballast Point brews with condensation
By using water extracted from humidity in the brewing process, the beverage maker is able to explore new flavors and experiment with a different mouthfeel.
By Sandy Skrovan • June 21, 2017 -
Millennial interest in strong liquor lifts spirit sales 2.6% in 2016
Analysts attribute the surge in liquor's popularity to new consumer bases, the return of liquor advertisements on TV and shifting tastes of younger drinkers.
By Emma Liem Beckett • June 19, 2017 -
Deep Dive
6 of the worst product failures in the food and beverage industry's history
Big corporations are not immune to product mistakes. Just think of Coca-Cola's infamous formula change for its classic soda and toothpaste maker Colgate's unsuccessful introduction of frozen lasagna.
By Christopher Doering • June 19, 2017 -
Deep Dive
Going green: How sustainability is revamping food packaging
Food and beverage manufacturers are swapping traditional plastics for materials that are plant-based, edible and able to detect food spoilage.
By Emma Liem Beckett • June 19, 2017 -
Retrieved from Coca-Cola on June 16, 2017
Bending the rules, Fanta twists its way to a new bottle design
Coca-Cola spent five years working on the new packaging after finding the previous version no longer stood out against competitors.
By Christopher Doering • June 16, 2017 -
Kellogg invests in instant smoothie maker Bright Greens
The manufacturer produces frozen plant-based cubes that, when mixed with hot water, create blender-free treats.
By Caroline Macdonald • June 16, 2017 -
Court ruling bars European plant-based products from using dairy names
Meanwhile, similar movements in the United States have been rejected or have little momentum.
By Caroline Macdonald • June 15, 2017
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