Finances and Deals: Page 6


  • monster energy
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    Justin Sullivan via Getty Images
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    Column

    The Weekly Sip: Monster’s bet on alcohol stumbles | Sparkling Ice maker pops into prebiotic soda

    In other beverage news, seltzer brand Waterloo debuts new fruity flavors to welcome the start of spring.

    By March 6, 2025
  • Boxes of General Mills cereal are displayed on a grocery store shelf.
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    Justin Sullivan via Getty Images
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    General Mills shuts down innovation unit, pauses venture investments

    The Cheerios maker said the changes are part of a broader shift in how the Minnesota company pursues new growth.

    By March 5, 2025
  • Jars of Rao's pasta sauce at a Washington, D.C. grocery store.
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    Christopher Doering/Food Dive
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    Food and beverage giants prioritizing small-scale M&A for a foothold in trendy areas

    Kraft Heinz, Hershey and Molson Coors are among the firms looking for deals to boost sales and get them more exposure in fast-growing categories.

    By March 5, 2025
  • Celsius, energy drink
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    Permission granted by Celsius
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    Celsius names PepsiCo executive to newly created COO role

    Eric Hanson, who has nearly three decades of experience in the food and beverage industry, will be responsible for accelerating the energy drink giant’s growth and expansion efforts.

    By March 3, 2025
  • spindrift soda
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    Courtesy of Spindrift
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    Spindrift splashes into soda to capitalize on the better-for-you craze

    The seltzer maker aims to stand out in the trendy category with fresh juice-infused drinks, eschewing the gut-health approach of rivals.

    By Feb. 26, 2025
  • U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau participate in a joint news conference in the East Room of the White House on February 13, 2017 in Washington, D.C.
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    Alex Wong via Getty Images
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    Threat of Trump’s tariffs force food and beverage giants to prepare

    Mondelēz, Conagra and Diageo are among the CPG manufacturers positioning their businesses ahead of potential taxes on Mexico and Canada imports.

    By Feb. 24, 2025
  • Celsius energy drinks at a convenience store in Boca Raton, Florida
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    Christopher Doering/Food Dive
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    Celsius buys energy drink rival Alani Nu for $1.8B

    The purchase allows Celsius to add a fast-growing beverage popular with young women while better positioning it to compete against rivals Red Bull and Monster.

    By Feb. 20, 2025
  • heineken bottles
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    Justin Sullivan via Getty Images
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    Heineken, Molson Coors tout premium and nonalcoholic brews as beer struggles

    Traditional giants are prioritizing pricier craft brands to secure growth in the flailing category.

    By Feb. 19, 2025
  • Liquid ingredients are seen
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    Retrieved from Solina on February 13, 2025
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    French ingredients supplier Solina expands further into US with seasoning acquisitions

    The company wants to become a “one-stop shop” for dry and liquid flavors following the purchase of Sokol Custom Food Ingredients and Advanced Food Systems.

    By Feb. 13, 2025
  • Cans of Olipop soda.
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    Courtesy of Olipop
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    Olipop valued at nearly $2B following latest funding round

    The prebiotic soda offering is the top non-alcoholic brand in the U.S. by dollar sales and unit growth, according to the company.

    By Feb. 12, 2025
  • Flowers Foods, Dave's Killer Bread, bars
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    Courtesy of Flowers Foods
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    Wonder bread owner Flowers Foods positioned to weather GLP-1 uncertainty, CEO says

    Ryals McMullian noted consumers are moving away from traditional white and wheat bread into organic, keto, gluten-free and premium areas.

    By Feb. 12, 2025
  • jbs cattle
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    Courtesy of JBS
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    JBS spends $200M to expand US beef production

    The investment by the Brazil-based meat giant comes as it prepares for a rebound in the cattle supply after a period of contraction. 

    By Feb. 10, 2025
  • 2 Ball aluminum cups branded for Bud Light and Super Bowl LIV against the backdrop of Hard Rock Stadium
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    Courtesy of Ball Corp.
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    Ball buys Florida can maker, plans Oregon plant

    The packaging company is gaining a Southeast facility through a $160 million deal and will build a plant in the Pacific Northwest to better align with customer needs.

    By Maria Rachal • Feb. 7, 2025
  • Bottles of Don Julio line several bar shelves.
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    Getty Images
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    Guinness owner Diageo says it could lose $200M in profits from tariffs

    The company is warning investors of the potential impact — if tariffs take effect next month — on the spirits business’ bottom line.

    By Feb. 5, 2025
  • PepsiCo, Frito-Lay
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    Christopher Doering/Food Dive
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    PepsiCo to focus on value, healthier offerings amid slump in snacks

    CEO Ramon Laguarta said the Doritos maker hasn’t seen a “direct impact” from GLP-1 medications despite higher consumer interest in health and wellness.

    By Feb. 5, 2025
  • Mustard with Mustard
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    Courtesy of Kraft Heinz
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    Heinz teams with hip-hop hitmaker Mustard for new product, campaign

    The marketer launched the culturally minded — and perhaps overdue — campaign with a spot that aired during the Grammy Awards.

    By Chris Kelly • Feb. 4, 2025
  • In this photo illustration, bottles of Modelo Especial beer sit on a table.
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    Mario Tama/Getty Images via Getty Images
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    Mexican beer, Kentucky bourbon: Alcohol caught in the crosshairs of Trump tariff threats

    A brewing North American trade war could raise prices of iconic brands like Modelo and Don Julio.

    By Feb. 4, 2025
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    Scott Olson via Getty Images
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    JM Smucker to divest some sweets brands for $40M as it focuses on Hostess

    The sale of the Cloverhill and Big Texas brands, as well as certain private-label products, also will help cut costs and reduce complexity across its manufacturing network.

    By Feb. 3, 2025
  • A can of Slice Soda
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    Permission granted by Suja Life
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    Slice Soda returns to shelves as healthier offering

    The beverage, once owned by PepsiCo, is tapping into consumer interest in nostalgia and better-for-you products made with real ingredients, probiotics and low amounts of sugar. 

    By Jan. 28, 2025
  • Prodcuts made by Power Crunch.
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    Courtesy of Ferrero
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    Ferrero buys protein snack company Power Crunch

    The purchase expands the Nutella maker's presence in the better-for-you category while increasing its U.S. footprint. 

    By Jan. 24, 2025
  • Cans of Stok Cold Brew coffee.
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    Permission granted by Danone
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    Q&A

    Inside the evolution of Danone’s Stōk

    The fast-growing beverage has expanded into a cappuccino-inspired cold brew, seasonal flavors and energy, bringing new usage occasions and consumers to the brand.

    By Jan. 22, 2025
  • Grocery products.
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    Courtesy of Walmart
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    Private label sales hit record $271B in 2024

    All 10 food and nonedible departments tracked by Circana showed store brand dollar growth over 2023, a new report found.

    By Catherine Douglas Moran • Jan. 21, 2025
  • leinenkugels
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    Courtesy of Molson Coors
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    Molson Coors refuses bid by Leinenkugel’s family to buy back plant

    The Coors Light producer said it plans to use the Chippewa Falls, Wisconsin, facility as a pilot brewery.

    By Jan. 21, 2025
  • Grocery shopping cart
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    Minerva Studio/Stock.adobe.com

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    Sponsored by RRD

    The changing habits of value-driven shoppers

    Discover how inflation is reshaping shopper habits and what brands can do to stay relevant in 2025.

    By April Masters, Senior Content Marketing Manager, RRD • Jan. 21, 2025
  • Cans of Spindrift sparkling water.
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    Courtesy of Spindrift
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    Spindrift names former Boston Beer head as CEO, sells majority stake to PE firm

    The 15-year-old brand has become popular with consumers who are lowering their sugar intake while prioritizing recognizable ingredients — all without sacrificing a fizzy mouthfeel.

    By Jan. 16, 2025