Beverages: Page 92
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Constellation Brands rebuffed in takeover of Jack Daniel's parent
The fifth-generation owners of Brown-Forman, the maker of whiskey, scotch, vodka and other liquors, have repeatedly said they're not interested in selling.
By Keith Loria • May 24, 2017 -
Children under 1 should not drink juice, pediatricians say
In another blow to the segment, the American Academy of Pediatrics found that the beverage "offers no nutritional benefits over whole fruits" and has "no essential role in healthy, balanced diets of children" under age one.
By Caroline Macdonald • May 23, 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 -
USDA
Petitioners ask FDA to sanction raw milk sales over state lines
The Real Food Consumer Coalition requests that products be clearly labeled — including with warnings about consumption and instructions on home pasteurization.
By Keith Loria • May 22, 2017 -
Campbell's profit lags as demand wanes for its soups, V8
The maker of Goldfish crackers and Plum Organics lowered its sales forecast for its fiscal year due partly to a "difficult operating environment."
By Christopher Doering • May 19, 2017 -
Looking to enhance the taste, Guinness uses virtual reality to flavor beer drinking experience
The beer giant is inviting Tesco shoppers to experience additional sights and sounds to enhance the taste of its Guinness Draft and other brews.
By Emma Liem Beckett • May 19, 2017 -
Study: Raw milk causes 96% of dairy foodborne illnesses
The report from the Centers for Disease Control and Prevention is sobering, but it remains to be seen if this information can dissuade thirsty consumers.
By Megan Poinski • May 19, 2017 -
AB InBev unit paid retailers and bars to push its beers, Massachusetts report claims
The state's alcohol board says Anheuser-Busch gave bar equipment as incentives to sell their products instead of competitors. The brewer denies the report.
By Christopher Doering • May 18, 2017 -
Jim Beam partners with White Coffee to create non-alcoholic drinks
The new beverages expand Jim Beam's product line that already includes barbecue sauce, hot sauce, pancake syrup and glazes.
By Keith Loria • May 18, 2017 -
7UP teams with Trisha Yearwood to create soda-inspired summer recipes
The beverage maker has included on-pack options for the versatile ingredient including 7UP fizzy lime margaritas and 7UP BBQ pulled chicken sliders.
By Caroline Macdonald • May 16, 2017 -
Anheuser-Busch to invest $2B in US brewing operations
The expenditure program will upgrade the company's brewery and distribution projects, product packaging, innovative initiatives and sustainability efforts.
By Christopher Doering • May 15, 2017 -
Study: Millennials don't have strong loyalty to alcohol brands
Only 24% of millennials know which alcoholic beverage brand they intend to buy before entering the store, compared to 52% of baby boomers.
By Caroline Macdonald • May 15, 2017 -
Retrieved from PepsiCo on May 15, 2017
PepsiCo targets the millennial generation with cinnamon-flavored soda
The new drink is the latest limited-edition item to be introduced by the beverage giant, with dozens introduced around the world to appeal to local tastes.
By Caroline Macdonald • May 15, 2017 -
Capri Sun debuts new sports drink made for kids
The new product from Kraft Heinz touts the product's health benefits, and is intended to offer parents a healthier beverage option for their children.
By Keith Loria • May 10, 2017 -
PepsiCo, Mondelez turn to crowdsourcing to help find new ingredients
The food and beverage giants are looking to tap into millennials who will develop new substances that meet their values and interests.
By Keith Loria • May 9, 2017 -
Dean Foods' Good Karma: Milk producer invests in dairy alternatives
The nation's largest milk supplier now has a minority stake in what some may see as a competitor, while others consider it the segment's future.
By Keith Loria • May 8, 2017 -
AB InBev and Heineken take over 2 craft breweries
As Lagunitas and Wicked Weed move to bigger corporations, it continues the pattern of large-scale consolidation in the beer industry.
By Keith Loria • May 5, 2017 -
As Bud Light's market share erodes, AB InBev struggles to turn it around
The beer giant launched an ad campaign to improve volume sales for the popular alcoholic beverage, but analysts are skeptical it will work.
By Jeff Wells • May 5, 2017 -
Monster earnings receive jolt from ex-Coca-Cola energy drinks
Wells Fargo expressed caution about the company, citing growth in its international business and muted near-term expansion in the U.S.
By Caroline Macdonald • May 5, 2017 -
USDA
Study: Dairy beats plants as a source of protein for children
While the U.S. milk market has been declining, this study published in the British Journal of Nutrition shows there are more reasons to drink up.
By Caroline Macdonald • May 4, 2017 -
Deep Dive
'A money grab': Dr Pepper, Coke execs blast soda taxes as bad for business
The soda makers say the taxes have been "devastating" in cities like Philadelphia and Berkeley, CA.
By Christopher Doering • May 4, 2017 -
Soda tax fails in Santa Fe
In a special election, 58% of voters rejected it — but some analysts say this defeat will not slow the momentum for additional sugary drink taxes.
By Keith Loria • May 4, 2017 -
Study finds water bottle labels are awash in confusion
Companies marketing the beverage use phrases such as “purified tap water,” “iceberg water” and “alkaline infused” to sell their drinks.
By Keith Loria • May 4, 2017 -
Molson Coors revenue surges following MillerCoors deal
Mark Hunter, the beer giant's CEO, said 2017 will be a transitional year for the company following the $12 billion acquisition.
By Christopher Doering • May 3, 2017 -
Deep Dive
Despite bets on fast-growing brands, Dr Pepper Snapple isn't giving up on soda
As healthier beverages become increasingly popular, the beverage giant is still digesting its acquisition of Bai Brands and placing emphasis on a "both hands strategy" for growth.
By Christopher Doering • May 2, 2017 -
Drink your vitamins: VitaCup launches fortified coffee
The San Diego-based beverage startup delivers a daily serving of vitamin B in its K-cups, which could shake up the vitamin innovation space.
By Keith Loria • May 2, 2017
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