Beverages: Page 59
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Molson Coors to close brewery, cut 470 jobs
The Irwindale, California facility will cease operations by September, but the beer giant is offering Pabst the opportunity to buy it for $150 million.
By Megan Poinski • Jan. 7, 2020 -
Borden files for bankruptcy
The dairy processor is the second major company to take this step in recent months. It plans to use Chapter 11 to improve its debt load, which is strained by rising costs and industry challenges.
By Christopher Doering • Jan. 6, 2020 -
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 -
Consumers can trace coffee beans through new blockchain app
U.S. and Canadian consumers will be able to track the origin of their cup of joe by scanning QR codes on packages of Folgers 1850 premium single-origin beans.
By Cathy Siegner • Jan. 6, 2020 -
Opinion
Where does cannabis packaging design fit as the industry evolves?
Companies that participate in the nascent space need to understand changing state regulations and trends impacting product design, Tom Newmaster with FORCEpkg said.
By Tom Newmaster • Jan. 2, 2020 -
Diet Dr Pepper doesn't make false weight loss promises, court rules
This unanimous ruling at the close of 2019 from the 9th U.S. Circuit Court of Appeals could dissuade consumers from filing lawsuits about "diet" labels.
By Cathy Siegner • Jan. 2, 2020 -
Plant-based and functional flavors to dominate in 2020, experts say
Ingredient companies expect enhanced opportunities for hemp, botanicals and cleaner labels as healthier ways of limiting salt and sugar and covering off-notes.
By Cathy Siegner • Dec. 23, 2019 -
Column
Leftovers: Siggi's launches plant-based and protein-packed skyr; Heineken gets 2020 off to an alcohol-free start
The Icelandic yogurt brand's new version uses a blend of coconut milk, macadamia and pea protein to deliver taste, texture and function; and Laird supercharges hot chocolate with mushrooms.
By Food Dive staff • Dec. 20, 2019 -
Shifting food trends fuel M&A activity among ingredients companies
IFF's $26.2 billion purchase of DuPont's nutrition unit underscores the push to carve out a dominant position in healthier products while increasing the efficiency of R&D operations.
By Christopher Doering • Dec. 19, 2019 -
Huel brings bars that are 'nutritionally complete' to the US
The meal replacement company's new product contains 27 essential vitamins and minerals while also being high protein, gluten free and plant based.
By Jessi Devenyns • Dec. 19, 2019 -
Can Coca-Cola escape the shadow of deceptive marketing campaigns in its past?
A paper published in the International Journal of Environmental Research and Public Health found the company targeted teens and moms earlier in the decade — before committing to diversify its portfolio and reduce sugar intake.
By Lillianna Byington • Dec. 19, 2019 -
Retrieved from Coca-Cola on December 16, 2019
Coca-Cola's Insiders Club provides a taste of new flavors — before they hit shelves
The new subscription service, which will send 1,000 consumers a monthly shipment of new beverages — including Aha sparkling water and Coke Energy — sold out in three hours.
By Lillianna Byington • Dec. 17, 2019 -
Retrieved from PepsiCo on December 16, 2019
Can caffeine added to Bolt24 sports drink energize Gatorade sales?
The new PepsiCo beverage will contain 50 to 75 mg of caffeine per bottle and electrolytes from watermelon and sea salt.
By Jessi Devenyns • Dec. 17, 2019 -
Coke reinstates global CMO role in bid to unify marketing, operations
The role was scrapped just two years ago, with duties shifting to Chief Growth Officer Francisco Crespo, who will retire next year.
By Peter Adams • Dec. 16, 2019 -
Danone Waters accelerates push toward carbon neutrality
Four of the company's water brands, including Evian, have committed to reaching net zero carbon emissions by 2030.
By Jessi Devenyns • Dec. 16, 2019 -
Pricing pressures will curtail earnings growth for US packaged food companies in 2020, Moody's says
The financial services company also forecast a slowdown in M&A for the CPG space but notes other drivers, such as premiumization and increasing prices, will drive industry expansion.
By Jessi Devenyns • Dec. 16, 2019 -
Will vitamin C-enhanced Vizzy spark a new hard seltzer trend?
MillerCoors' second offering in the trendy space gets the nutrient from acerola cherries, making the popular alcoholic drink functional.
By Jessi Devenyns • Dec. 13, 2019 -
Retrieved from PepsiCo on December 13, 2019
Pepsi Café, a cola-coffee blend, comes to stores next year
The drink mixes an Arabica brew with the company's namesake soda in 12-ounce cans, and has twice the caffeine as the regular beverage.
By Jessi Devenyns • Dec. 13, 2019 -
PepsiCo CMO leaves amid beverage giant's marketing resurgence
Roberto Rios departs for Schwan's Company at a time when larger investments in media and advertising are bolstering the snack and soft drink maker's bottom line.
By Peter Adams • Dec. 10, 2019 -
Retrieved from Amazon on December 10, 2019
Nestlé looks to functionality and caffeine to refresh its water business
As sales in the category struggle, the Swiss company will introduce two new lines of the bottled beverage in 2020, Poland Spring energy water and Nestlé Pure Life Plus.
By Jessi Devenyns • Dec. 10, 2019 -
Canopy Growth taps Constellation Brands' David Klein as CEO
Mark Zekulin, who became the sole chief executive of the cannabis company when Bruce Linton was fired from his position earlier this year, will be stepping down this month.
By Lillianna Byington • Dec. 9, 2019 -
Dive Awards
Startup of the Year: Ceria Brewing Co.
After launching last year, the fast-growing company has unveiled a lucrative THC-infused craft beer, expanded distribution and debuted a trendy non-infused nonalcoholic ale.
By Lillianna Byington • Dec. 9, 2019 -
Retrieved from Coca-Cola on October 23, 2019
Dive Awards
Executive of the Year: James Quincey, Coca-Cola
Since he became CEO in May 2017, Quincey has added coffee, sports drinks and sparkling water to its portfolio while innovating some of its key brands such as Diet Coke.
By Christopher Doering • Dec. 9, 2019 -
The future is functional beverages, drink firm predicts
In its 2020 predictions, Imbibe says the new year will see innovations through holistic wellness, personalization and new experiences.
By Jessi Devenyns • Dec. 6, 2019 -
Why Koios says nootropics are the 'next frontier' of functional beverages
The drinks, which have ingredients intended to improve cognitive abilities, are in more than 4,300 stores. CEO Chris Miller wants to triple that in 2020.
By Lillianna Byington • Dec. 5, 2019 -
BJ's adds premium spirits to private label line
The retailer's Wellsley Farms brand now includes vodka, Canadian whisky and Irish whiskey.
By Krishna Thakker • Dec. 5, 2019