Beverages: Page 79
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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. 8, 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. 7, 2018 -
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 -
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 Beckett • Aug. 7, 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. 6, 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. 6, 2018 -
Deep Dive
Protein packing a punch as more foods tout the trendy nutrient
While its roots may be in chicken, nuts and eggs, growing consumer demand has prompted manufacturers to add it to chips, bars, shakes, ice cream and even candy.
By Krishna Thakker • Aug. 6, 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. 2, 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. 1, 2018 -
Retrieved from Nestle on January 31, 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. 1, 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 Beckett • 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 Beckett • July 25, 2018 -
Rethink Water raises $6.7M for kid-sized boxes
As environmentally conscious millennials begin families of their own, they are looking for sustainable, healthy products for their children — a sweet spot the manufacturer is hoping to be first in.
By Patti Zarling • July 25, 2018 -
Lawsuit: There are no benefits from drinking alkaline water
A California woman has sued Trader Joe's, accusing the retailer of selling a private-label drink that falsely implies it is better because of added electrolytes and a pH of 9.5.
By Cathy Siegner • July 24, 2018 -
PepsiCo CEO downplays threats to Gatorade's market dominance
While it's still the leading energy beverage in the country, the sports drink is facing headwinds as consumers sour on sugar and brands like BodyArmor grow in popularity.
By Cathy Siegner • July 23, 2018 -
Philadelphia's soda tax upheld by the state supreme court
The city won the hotly contested battle, but beverage manufacturers are unlikely to give up the fight.
By Jessi Devenyns • July 20, 2018 -
Q&A
How a cannabis company can win mainstream consumers
Justin Singer, CEO of cannabinoids and ingredients firm Stillwater Brands, talks about its rise and goal to position CBD as a functional wellness ingredient.
By Emma Liem Beckett • July 19, 2018 -
Influential Gen Zers having big impact on food and beverage trends
Mintel said these consumers were influenced by parents who consumed health and wellness products, habits that are likely to remain as they get older.
By Cathy Siegner • July 19, 2018 -
Lite bright: Lower alcohol is better in beer, consumers say
A new study reports that a poor perception of low ABV wine is affecting sales as drinkers opt for light beers, adult soft drinks and mocktails.
By Cathy Siegner • July 18, 2018 -
Legacy alcohol brands losing happy hour buzz
A host of new craft beverages, from spirits to cannabis-infused drinks, as well as technology-driven innovations are disrupting the traditional happy hour.
By Jessi Devenyns • July 18, 2018 -
FDA likely to restrict 'milk' label to dairy products from animals
Commissioner Scott Gottlieb said a guidance document outlining revamped standards of identity for the staple is coming soon since "an almond doesn't lactate."
By Cathy Siegner • July 18, 2018 -
Deep Dive
How Coke amplifies in-stadium experiences through digital tech
The beverage giant engages sports fans by working with partner MVP Interactive on activations that leverage AR/VR, facial recognition and more.
By Peter Adams • July 18, 2018