The Target Corporation is the first major U.S. supermarket retailer to commission a range of sustainable wines in low carbon paper bottles that will save the equivalent of nearly 100 tons of carbon dioxide. The Collective Good wine range, which is bottled exclusively in the paper Frugal Bottle, has a Red Blend, a Sauvignon Blanc, […]
Category: Beverage News
Posted inBeverage News, News, Northeast
Castillo Hermanos Acquires Harvest Hill Beverage Co.
Castillo Hermanos has entered into an agreement with Brynwood Partners to acquire Stamford, Connecticut-based Harvest Hill Beverage Co., with brands such as SunnyD, Juicy Juice and Little HUG. The acquisition of Harvest Hill by Castillo Hermanos, a family-owned company founded in 1886, expands its U.S. presence. Castillo Hermanos is partnering with private investment firm Centerview Capital, which […]
Posted inSustainability News, Beverage News, National
PepsiCo’s Watershed Projects Aim To Replenish Millions Of Gallons Of Water
PepsiCo’s more than $1.8 million investment in four watershed replenishment programs in the U.S. last year aims to provide multi-pronged benefits to land and communities in high water-risk areas. Replenishing water in high water-risk areas is integral to PepsiCo’s broader pep+ (PepsiCo Positive) ambition of becoming Net Water Positive by 2030. The projects take specialized approaches […]
Posted inBeverage News, National, News
PepsiCo To Acquire Prebiotic Soda Brand Poppi
PepsiCo has entered into an agreement to acquire poppi, a fast-growing prebiotic soda brand, for $1.95 billion, including $300 million of anticipated cash tax benefits, for a net purchase price of $1.65 billion. The transaction also includes an additional potential earn-out consideration subject to the achievement of certain performance milestones within a specified period after closing of […]
Posted inCorporate Store News, Beverage News, News, Southeast
The Fresh Market Opens First Spirits & Wine Store In Ponte Vedra Beach, FL
The Fresh Market opened its first Spirits & Wine store March 7 in Ponte Vedra Beach, Florida. The new Spirits & Wine site is located adjacent to The Fresh Market’s store and features a wide selection of premium spirits, wines and craft beer, as well as assorted mixers, snacks, glassware and wine by the glass. […]
Posted inBeverage News, C-Store News, National
Capri Sun Offering Three Flavors In Single-Serve Bottles
For the first time in more than 20 years, The Kraft Heinz Co. is offering three flavors of Capri Sun in single-serve bottles. The bottles allow consumers to enjoy the same taste on the go, meeting the evolving needs of today’s families. Joining Capri Sun’s portfolio of products, the bottles feature 12 ounces of juice […]
Posted inBeverage News, Executive News, Southwest
Farmer Brothers Names Miller VP Of Sales
Brian Miller, who has more than 25 years of experience leading teams in the consumer product industry, has been appointed VP of sales at Fort Worth, Texas-based Farmer Bros. Coffee Co. Tom Bauer, who previously served as VP and chief commercial officer, will become VP and chief field operations officer, leading the company’s DSD, logistics, […]
Posted inBeverage News, Association News, National, Snacks Brands
FTC Sues PepsiCo For Illegal Price Discrimination
The Federal Trade Commission (FTC) has sued PepsiCo Inc., contending the company has engaged in illegal price discrimination by providing one customer – a large, big-box retailer – with unfair advantages, while raising prices for competing retailers and customers. The FTC’s complaint maintains that Pepsi is providing this customer with promotional payments and allowances without […]