Posted in, Beverage News, C-Store News, Center Store, Marketing News, National, Southeast

Diet Coke Passes Pepsi

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 […]

Posted in, National, Southeast

Ingles Founder Dead at 77

Robert P. “Bob” Ingle, founder and CEO of Ingles Markets, died at the age of 77 Sunday, reports the Asheville Citizen-Times. Ingle, fresh out of college, took out a mortgage on his mother’s house in 1963 and founded Ingles grocery store chain on Hendersonville Road in Asheville. The store did $8,500 in sales its first […]

Posted in, Southeast

Fresh Del Monte Reports Q4 Loss

Bad weather continued to pound at Fresh Del Monte Produce bottom line, reports the South Florida Business Journal. The Coral Gables-based fruit and vegetable producer said it lost $9.6 million, or 16 cents a share, in the fourth quarter, down from a profit of $28.2 million, or 44 cents a share, in the same year-ago […]