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 […]
Category: Beverage News
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 […]
Posted inBeverage News, Amazon Fresh, West, Whole Foods
Civilized Coffee Introduces Line Of Instant Mochas
Civilized Coffee, a producer of instant coffee, teas and baking ingredients, has introduced Instant Mocha Powders, offering a café-quality beverage in traditional, caramel, mint and vanilla flavors. The release follows the success of its espresso powder, named “Best Espresso Powder” by America’s Test Kitchen, and its Instant Cold Brew Coffee, recognized as a Food & […]
Posted inBeverage News, Amazon Fresh, Feature, West, Whole Foods
Commitment To Quality, Consistency Key to Gaviña Coffee Co.’s Success
In honor of Hispanic Heritage Month, The Shelby Report of the West recently visited with Lisette Gaviña Lopez, a fourth-generation coffee roaster at her family’s business, Vernon, California-based Gaviña Coffee Company. Company history For those unfamiliar with Gaviña Coffee Company, can you provide a brief overview of the company’s history? The Gaviña coffee legacy began […]
Posted inBeverage News, National
Reddy Ice Enters International Market With New Acquisition
In its first international acquisition, Reddy Ice has acquired Fábrica de Hielo Apodaca, S.A. de C.V. (known as Aguafría), the largest ice manufacturer in Mexico, expanding its position in the U.S. and Mexico markets. Aguafría, established in 2017, serves more than 6,000 customers across more than 13,000 locations, supported by a vast network of operational […]