As the soft drinks industry tries to recover from a long slide, Coca-Cola Co. has new bragging rights in its rivalry with PepsiCo reports The Atlanta Journal-Constitution. Sales of Coca-Cola and Diet Coke dipped by half a percentage point and one point, respectively, in 2010. But sales of Pepsi-Cola fell 4.8 percent. Beyond the sales […]
Category: Beverage News
Posted in, Beverage News, National
US Tops France as Wine Sipping Leader
According to a report in the San Francisco Business Times, the United States supplanted France as the world’s largest wine-consuming nation in 2010, according to wine industry consultants Gomberg, Fredrikson & Associates, by roughly 330 million cases to France’s 320.6 million. Of course, the United States’ population dwarfs that of France, so “per capita, they’re […]
Posted in, Beverage News, Southeast, Suppliers
Coca-Cola Pulls Sodas in St. Louis
The Coca-Cola Co. has pulled sodas from shelves at St. Louis stores after customers complained of a metallic taste. There was a slight surge in minerals in the water used to make the soda at the drink giant’s Maryland Heights plants, said Kevin Morris, spokesman for Atlanta-based Coca-Cola to the Atlanta Business Chronicle. The recalled […]
Posted in, Beverage News, Southeast, Suppliers
Coca-Cola Buys Remainder of Honest Tea
The Coca-Cola Co. has exercised its option to acquire the remaining 60 percent of Maryland-based organic bottled tea maker Honest Tea, reports The Atlanta Journal-Constitution. The companies described it Tuesday as a chance to make organic drinks more mainstream. What they didn’t say is that it also may be a chance to invigorate Coca-Cola’s tea […]
Posted in, Beverage News, C-Store News, National
Pediatrics Report Details Risk from Energy Drinks
Energy drinks are under-studied, overused and can be dangerous for children and teens, warns a report by doctors who say kids shouldn’t use the popular products, reports The Associated Press. The potential harms, caused mostly by too much caffeine or similar ingredients, include heart palpitations, seizures, strokes and even sudden death, the authors write in […]
Posted in, Beverage News, Southwest, Suppliers
Molson Coors 4Q Net Declines as it Sells Less Beer
Denver-based Molson Coors Brewing Co. says its net income fell 51 percent in the fourth quarter as it sold less beer and dealt with rising costs for taxes, ingredients and fuel. The Denver-based brewer reported Thursday that it earned $109.8 million, or 58 cents per share, for the quarter that ended Dec. 25. That’s down […]
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PepsiCo 4Q Net Income Falls
New York-based PepsiCo Inc.’s fourth-quarter net income fell 5 percent because of higher costs and cut its earnings forecast on a dim view of the economy. Shares of the maker of soft drinks, Frito-Lay snacks and Quaker cereal fell nearly 3 percent in pre-market trading. Net income fell to $1.37 billion, or 85 cents per […]
Posted in, Beverage News, Grocery News, National
Pulpy Joins Growing Roster of Billion Dollar Brands for The Coca-Cola Co.
Minute Maid® Pulpy™ has been added to the roster of The Coca-Cola Co. brands that have achieved global retail sales of more than $1 billion, bringing the number of billion dollar brands in the company’s portfolio to fourteen. Minute Maid Pulpy, a significant global innovation, reached the $1 billion sales mark in only five years. […]