MillerCoors LLC recorded a 32.5 percent increase in profits for the fourth quarter on growing market share for its Coors Light brand and ongoing cost savings related to the merger of Miller Brewing and Coors Brewing, reports the Denver Business Journal. SABMiller plc of London and Molson Coors Brewing Co. of Denver, Colo., the co-owners […]
Category: Beverage News
Posted in, Beverage News, National, Organic Natural
Organic Food Sales Hit High in 2011
For the first time in four years since undertaking its annual Organic Product Survey, TABS Group (www.TABSGroup.com) found a significant increase in American consumers reporting they purchased organic products and a jump in overall sales. Specifically, the percentage of all consumers saying they purchased organics rose from 39.8 percent in January 2011 to 41.8 percent […]
Posted in, Beverage News, Marketing News, West
More from The N.G.A. Show—In Pictures
From The 2012 N.G.A. Show… In the photo above: Michael Sansolo speaks to the panel consisting of Chris Coborn, president and CEO of Coborns Inc.; Carlos Smith, president of Bodega Latina Corp./dba El Super; and Jay Lawrence, president of Lawrence Bros. M-A-L Enterprises Inc.
Posted in, Beverage News, Bonus Content, Northeast
PepsiCo Cutting 8,700 Jobs, Increasing Ad Dollars
The Associated Press reports that PepsiCo plans to cut 8,700 jobs around the world and ramp up advertising in North America in an effort to reduce costs. Though the company exceeded fourth quarter expectations, it predicted a decline in 2012 earnings. PepsiCo, which produces such beverages as Gatorade and Mountain Dew along with numerous other […]
Posted in, Beverage News, Marketing News, National
Coca-Cola Profit Down 27 Percent On Charges
The Atlanta-based beverage giant, Coco-Cola, reported that its profit for 2011 was hurt by restructuring charges and other charges. It also reported a program to save $550 to $650 million by the end of 2015 and reinvest that savings into systemwide brand building initiatives and to mitigate potential incremental near-term commodity costs as necessary, the […]
Posted in, Beverage News, National
Mary J Blige Joins Belvedere Vodka, (RED) To Help Save Lives
Award-winning, multi-platinum singer Mary J Blige will be performing at a private pre-Grammy event on Thursday, Feb. 9, to celebrate the partnership of Belvedere, the world’s first super premium vodka, and (RED). The exclusive performance will be followed by a private party at Bardot, Los Angeles, to help raise awareness around HIV/AIDS and emphasize the […]
Posted in, Beverage News, National, New Products
Select 55 Introduces New 35- and 32-Calorie Packages
Select 55 now is introducing smaller-sized cans and bottles. Available at retailers nationwide, Select 55 “Little Lights” include sleek 8-oz., 35-calorie cans available in 12 packs; and 7-oz., 32-calorie clear glass bottles available in 6 packs. Select 55 offers a clean, crisp taste with fewer calories for adult beer drinkers. The new smaller-size cans and […]
Posted in, Beverage News, Center Store, West
Sweeten Valentine’s Day With Korbel Champagnes
Red roses, with their message of love, may always be the No. 1 Valentine’s Day gift, but sweet libations are clearly gaining ground, according to Korbel Champagne Cellars of California. Korbel Sweet Cuvee and Sweet Rose—produced using the time-honored methode champenoise (in which the bubbles are created by secondary fermentation in the bottle)—are a newer […]