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Home » Topics » Financial

Financial
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LA Libations

LA Libations Adds Investor Molson Coors as Coke Exits

November 26, 2019

Beverage incubator LA Libations has sold a 49% investment stake to Molson Coors. The brewer wants to diversify its beverage portfolio to include more non-alcoholic offerings as beer sales lag. Coca-Cola had a 25% stake in LA Libations before


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wwf2

'Every Bottle Back' Initiative: Closer Look at WWF's Plastic Tracking Tool

November 13, 2019

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.


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Coca-Cola-Femsa-Logo

Mexico’s Femsa Hasn’t Lost Interest in US, Despite Texas Blockade

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


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Briefs: October 15, 2019

October 15, 2019

CSDs Accelerate. Carbonated soft drink dollar sales jumped +3.2% in the four weeks ended Oct. 5, according to Nielsen retail data published by Morgan Stanley. That was faster than the two-year...

Story includes a data table.


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celsius

Celsius, Adrenaline Shoc See Expansion

October 15, 2019

BD caught up with Celsius and A Shoc during the recent NACS show in Atlanta. Celsius CEO John Fieldly said the company has embarked on aggressive plans to...


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More Details of Coke Tullahoma Sale to Reyes

Sign of Additional Consolidation to Come?
October 15, 2019

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...


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KDP CBD

Keurig Dr Pepper Not Ready for CBD, CEO Says

Plus, Second-Quarter Results
August 9, 2019

Keurig Dr Pepper CEO Bob Gamgort closed the door for now on any move into the CBD beverage sector...


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Global Volume

International Perspective: 2Q Coca-Cola, PepsiCo Global Volumes

Brazil Remains Stronghold. Declines for Coke Japan, PepsiCo China
August 9, 2019

A snapshot of global beverage volume performance for Coca-Cola and PepsiCo ...


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Monster Large

Monster Energy Looks to Influence the Influencers

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"  ...  


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Plastic Stories Small

Would a National Plastic Package Fee Work? Independent US Coke, Pepsi Bottlers Weigh In

‘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...


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