Pandemic Hard On Beverage Stocks, As Retailers Soar
August 28, 2020
Beverage manufacturers have weathered a turbulent year on the US stock market amid the COVID-19 pandemic. Following share price gains last year for most companies tracked by BD, this year through Aug. 24 has brought declines for Coca-Cola and several of the company’s ...
Electrolit, a sports drink brand produced by Mexico-based pharmaceutical company Grupo Pisa, has broken into a US sports drink market dominated by Gatorade, Powerade and Bodyarmor and is looking to expand its...
Coke’s far-reaching global reorganization raises deep questions for Coca-Cola North America (CCNA). Coke will pare 17 existing global business units to nine. Plus CCNA looks to shed non-carb assets, and a new leader takes over with lessons from Latin America.
Sports Drinks, RTD Tea Grow During COVID-19 (Green Sheet)
August 12, 2020
As Nestlé considers jettisoning most of its North American bottled water business (BD 6/23/20), national brand Pure Life and the company’s regional brands posted...
BD spoke with Keurig Dr Pepper Chief Commercial Officer Derek Hopkins about a long-term national agreement to distribute Polar Seltzer sparkling waters in the US, and more...
Coke will launch Coca-Cola with Coffee across the US in January, the company has announced. Earlier this year, Coke was showing the coffee-infused cola to US retailers in preparation for an April 2020 launch when ...
Coca-Cola has confirmed plans to test a hard seltzer this year under the company’s Topo Chico brand. The beverage will be Coca-Cola’s first entry into the fast-growing hard seltzer market, and it comes on the heels of a successful launch last year of a ready-to-drink alcohol product in Japan...
While Congress debates the extension of $600-a-week pandemic related unemployment benefits, an informal survey of US beverage distributors finds little support for continuing the Cares Act payments when they expire this week. In general, distribution executives say they...