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...

Keurig Dr Pepper has taken a $50 million minority equity stake in Athletic Brewing, the US-based non-alcoholic craft beer brand that has propelled interest in the growing segment. The companies will announce the investment this morning. KDP’s stake is on par with other lead investors in the brand, including TRB Advisors and Alliance Consumer Growth. “We’re thrilled to welcome Keurig Dr Pepper as an investor and strategic partner,” Athletic Co-founder and CEO Bill Shufelt told BD in an email. “...

Coca-Cola will eliminate an unspecified number of jobs within its North America Operating Unit under a voluntary separation program announced internally today. The employee reduction will set the stage for structural changes under incoming NAOU President Jennifer Mann to be announced later, BD has learned. Mann, who will succeed Alfredo Rivera in the role on Jan. 1, has met with hundreds of ...

At an annual convention and trade show for beer distributors last week, the National Beer Wholesalers Association warned attendees of what they see as unfair encroachment by PepsiCo’s Blue Cloud Distribution, according to Wall Street analysts who wrote about the meeting. When asked about criticisms leveled at PepsiCo and Blue Cloud, Blue Cloud executives sent BD the following rebuttal, which is reprinted in its entirety...

Creations Continues. Fanta Reformulates. Sports Drinks Ambitions.
Meals Marketing. Smartwater Gets Smarter.

Coca-Cola’s North America Operating Unit hosted executives from its franchised bottling system at the Georgia World Congress Center in Atlanta recently to discuss market plans for 2023. Next year’s playbook is centered on “Epic Bets,” Coke North America representatives told bottlers in attendance. The bets include 1) marketing Coca-Cola during...