On October 29, Coca-Cola, PepsiCo and Keurig Dr Pepper announced a joint US initiative organized by the American Beverage Association to reduce plastic waste from bottles. The program, called “Every Bottle Back,” will incorporate expertise from the World Wildlife Fund, the Recycling Partnership and Closed Loop Partners, according to the ABA. A key pillar of the initiative will be to reduce the use of new plastic for beverage packaging. Progress toward that goal will be measured with a tracking tool being developed by the World Wildlife Fund. BD wanted to know more about the tool, so we spoke to WWF Materials Lead Alix Grabowski.
Meanwhile, Could Femsa Really Sell Stake in Coke Bottler?
November 13, 2019
During an Oct. 28 conference call with analysts, Femsa CEO Eduardo Padilla said the Mexico-based company remains interested in expanding into the US convenience store market. The company, which controls Latin American bottler Coca-Cola Femsa, also owns Oxxo, the largest chain of convenience stores in Mexico and Latin America with about 18,000 locations. Padilla’s comment was in response to
We wanted to know more about Coke Tullahoma’s recent sale of its Tennessee and Kentucky franchise territories to Great Lakes Coca-Cola, which is owned by Chicago-based soft drinks and beer distributor Reyes Holdings. So we called...
Company Rebuts Negative Perceptions of Caffeine, Sugar and Taurine
August 9, 2019
Monster Beverage recently surveyed media influencers and opinion leaders about their perceptions of the energy drink category. Monster followed up with a letter sharing some of the findings and rebutting "misconceptions" ...
‘It Will Just Escalate and Never Go Away.’ ‘We’re Actually Coming Around to the Notion.’
August 9, 2019
Plastic packaging waste may now pose the single-biggest risk to profitability for the global beverage industry. Some US industry leaders have suggested behind the scenes that a national per-package fee could help fund solutions faster. But would such a proposal ever fly among some of those who will be most affected – independent US Coca-Cola and PepsiCo bottlers? To find out, BD asked...
Plus, Coca-Cola Second-Quarter Earnings Highlights. CSD Volume Growth Helped by Coke Original and Zero
July 30, 2019
In an interview, Coca-Cola CEO James Quincey said the company is “not in a rush” to bring its new Costa ready-to-drink coffee to the US given the lack of awareness for the Costa brand in this market. “Our focus will be...