Keurig Dr Pepper followed its surprise $50 million November investment in
 Athletic Brewing with a far larger deal in December – an $863 million investment in C4 performance energy drink maker Nutrabolt. KDP also becomes Nutrabolt’s long-term sales and distribution partner. While ready-to-drink C4 ...

Incoming Coca-Cola North America Operating Unit President Jennifer Mann has announced her leadership team and key organizational changes intended to “accelerate our growth, improve speed and capabilities, and make it easier to get work done,” she told staff in a Nov. 29 internal memo to staff. Key appointments include the promotion of Joel Bishop, currently an SVP and GM for the Glaceau hydration business unit, to head of strategy for North America. Outgoing Strategy Chief Diego Granizo will become a key advisor to Mann “while he identifies his next role and supports the transition,” she said. Mann also added a new Customer Care team, to be led by Sean Lee, focused on ...

Major US non-carbonated beverage categories generated higher pricing at retail during the first nine months of 2022, which lead to dollar gains in all categories tracked by BD. While volume fell for all categories except plain bottled water, the declines did not show accelerated erosion compared to the six-month trend. Sports drinks and plain bottled...

Global beverage volume growth for Coca-Cola and PepsiCo remained stable for the first nine months of this year in the aftermath of the worst of the COVID-19 pandemic. The Russia-Ukraine war, ongoing zero-covid policies in China, and unpredictable interest rate environments disrupted an otherwise strong period for global volume sales.The table below shows...

Coca-Cola has discontinued Coke With Coffee in the US BD has learned and the company has confirmed. Coke With Coffee will be available in the US while supplies last through the end of the year and remain in Canada and other global markets, according to the company. “This decision aligns with...

Coca-Cola will eliminate an unspecified number of jobs within its North America Operating Unit under a voluntary separation program announced internally last week. The employee reduction will set the stage for structural changes under...

Consumers cut their carbonated soft drink consumption at US retail during the first nine months of 2022 relative to the same period in 2021. Strong pricing growth of +14% for the total CSD category drove dollar sales almost +12% higher, according to BD data. Volume declined -2.0% (decelerating from -2.2% for the first six months of this year), reflecting a...