Coca-Cola looks to expand its offerings in cocktail mixers

The beverage giant has moved into other areas beyond soda as part of new CEO James Quincey's plans to transform it into a “total beverage company.”

By Erika Kincaid • Nov. 9, 2017

Dean Foods net income drops 91% as dairy challenges mount

The company, whose core business has been pressured by growing interest in plant-based beverages, made only $1.38 million in the most recent quarter.

By Emma Liem Beckett • Nov. 7, 2017

Explore the 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

Food brands add hats, evening bags and coozies to their promotional menu

Coca-Cola and Hidden Valley are among the companies that have released playful and sometimes bizarre food swag to stand out to consumers.

By Erika Kincaid • Nov. 6, 2017

Nestle buys Chameleon Cold-Brew coffee for an undisclosed amount

The Swiss giant has been on an acquisition spree in the space lately, highlighted by its purchase of Blue Bottle for $425 million in September.

By Cathy Siegner • Nov. 3, 2017

PepsiCo taps packaging conference attendees for 'active and intelligent' ideas

The food and beverage giant is seeking concepts that hone in on attributes such as antimicrobial solutions, smartphone interaction and improved functionality. 

By Sandy Skrovan • Nov. 3, 2017

Unilever acquires Tazo tea for $384M from Starbucks

The coffee giant is selling the popular brand to focus on its upscale Teavana line, while Unilever bolsters its drinks division that already includes Lipton and Pure Leaf.

By Erika Kincaid • Nov. 3, 2017

Constellation and bottle maker expand partership behind strong demand for Mexican beer

The manufacturer of Corona, Modelo Especial and Pacifico, has seen its sales surge in recent years as more consumers grab high-end imported brews.

By Erika Kincaid • Nov. 1, 2017

Molson Coors' sales fall as US beer business struggles

The company's results echo recent problems facing Boston Beer and AB InBev whose American operations are facing competition from craft brews and other types of alcohol.

By Cathy Siegner • Nov. 1, 2017

Campbell Soup joins Plant Based Foods Association

Three months after announcing it was leaving GMA, the food giant said it is becoming a member of the nascent trade group — providing a major boost to the fast-growing market.

By Sandy Skrovan • Oct. 31, 2017

DanoneWave plans $60M expansion to Virginia plant-based beverage facility

The investment is expected to add 49 jobs to the plant, which currently has more than 500 employees.

By Cathy Siegner • Oct. 30, 2017

Constellation Brands hops into marijuana beverage market with $191M deal

The beer, wine and spirits giant, known for its Corona and Modelo Especial brands, has taken a 9.9% minority stake in Canopy Growth to develop weed-infused, non-alcoholic drinks. 

By Emma Liem Beckett • Oct. 30, 2017

Boston Beer's sales and shipments continue to drop

Net income was up, but the general softening in the craft beer and cider markets — and the company CEO's retirement next year — may bring future problems for the brewer.  

By Cathy Siegner • Oct. 27, 2017

Study: Most of Philadelphia's soda tax passed on to consumers

A Cornell University researcher compared prices in the city's border-straddling airport before the tax went into effect and afterward.

By Cathy Siegner • Oct. 27, 2017

Just what the doctor ordered? Analysts question Dr Pepper Snapple execs on Bai purchase

The beverage giant has struggled to integrate the $1.7 billion deal into its operations, prompting at least one Wall Street firm to ask whether it regretted doing the acquisition.

By Cathy Siegner • Oct. 26, 2017

AB InBev earnings hit by sluggish sales of Bud Light and Budweiser

The beer giant said the U.S. remained a challenge, with recent hurricanes reducing volumes and share in its biggest market, which declined 0.8% during the most recent quarter.

By Christopher Doering • Oct. 26, 2017

Dr Pepper Snapple's earnings buoyed by noncarbonated drinks

While net sales for the beverage company increased 4%, soda volumes fell and natural disasters and early debt payments brought profits down.  

By Cathy Siegner • Oct. 25, 2017

Coca-Cola's efforts to diversify are paying off as beverage maker tops forecast

The manufacturer said its juice, dairy and plant-based items, along with tea and coffee drinks, all grew 1% during the most recent period.

By Christopher Doering • Oct. 25, 2017

Report: Consumer satisfaction with many CPG companies declining

The shift away from processed foods hurt Kraft Heinz, General Mills and Mars in the latest ACSI customer satisfaction index while Hershey, Quaker and Conagra benefited. 

By Cathy Siegner • Oct. 25, 2017

Anheuser-Busch launches Prohibition-era limited edition brew

The beer maker is bringing back an amber lager recipe from 1920 that was never distributed nationally due to the start of the federal ban on alcohol sales.

By Erika Kincaid • Oct. 24, 2017

Amber wine generates buzz among sophisticated drinkers

The centuries-old varietal, which is made by fermenting white grapes with their skin on, retails for as much as $200 a bottle.

By Jeff Wells • Oct. 23, 2017

LaCroix CEO responds to falling stock prices in all caps

Nick Caporella issued an emotional statement blaming short sellers for the drop in company's shares last week.

By Erika Kincaid • Oct. 23, 2017

Coca-Cola picks new leader to oversee its North American operations

The soda giant said James Dinkins, the head of its Minute Maid Business, will replace Sandy Douglas starting next year. Both executives joined Coke in 1988.

By Cathy Siegner • Oct. 23, 2017

Is enough support brewing in Congress to pass lower alcohol production taxes?

The legislation has enough support in both the Senate and House, but despite similar backing each of the past two years, the bill did not get passed.

By Cathy Siegner • Oct. 20, 2017

Millennials turning to probiotics more than prior generations

A 2017 National Consumer Survey conducted by Packaged Facts found about 25% of U.S. adults seek out foods and beverages with high amounts of these microorganisms.

By Erika Kincaid • Oct. 19, 2017

C-store chain hopes wine lovers say 'Oh, thank heaven' for 7-Eleven

Shoppers can now enjoy a $7 bottle of Chardonnay or Pinot Grigio along with the chips, candy and Slurpee offerings that have made the retailer famous.

By Erika Kincaid • Oct. 18, 2017