Industry's ‘Every Bottle Back’ Initiative Reaches 10 Cities After Year of Work
November 2, 2020
Consistent recycling messages on PET plastic bottles distributed by competing US beverage companies is now expected to rollout by early next year, according to American Beverage Association President and CEO Katherine Lugar. The effort is part of the Every Bottle Back plastic waste reduction initiative announced one year ago by Coca-Cola, PepsiCo and Keurig Dr Pepper under the direction of the ABA. The voluntary on-pack language will...
Earlier this month, PepsiCo CEO Ramon Laguarta announced a set of initiatives and related spending aimed at Hispanic businesses, consumers, communities and employees. Some of that work will pass through the relatively new Hispanic Business Unit of PepsiCo Beverages North America (PBNA), which is now in its third year. In 2020, the company added a similar unit for PepsiCo Foods North America. BD reached out to Esperanza Teasdale, the VP and GM who leads the Hispanic Business Unit for beverages, reporting to PBNA CMO Greg Lyons. Teasdale discussed her team’s work to capture a greater share of the $2.6 trillion in annual spending in the US by Hispanic consumers. As she put it, that market would be equivalent to the eighth largest country in the world. The following has been edited for clarity and space:
CEO Says Efficiency Beats Ownership When It Comes To DSD System
November 2, 2020
As BD has reported on extensively, Keurig Dr Pepper has made a series of moves this year in its direct-store-delivery system that hinted of a broader strategy at play. In June, KDP bought back production and distribution rights for RC Cola, A&W Root Beer, Sunkist, 7Up, Snapple and Big Red from Indiana-based Royal Crown Bottling of Evansville. At about the same time, KDP transferred ...
Trump Best on Free-Enterprise, Biden Best on Pandemic, Bottlers Say
November 2, 2020
Tomorrow, voters will go to the polls to elect the next President of the United States. Beverage bottlers will watch the results as closely as anyone, to assess the potential impact to the industry’s bottom line during the next four years. With that in mind, BD asked bottling system executives to answer a simple question: “Who do you hope wins the presidency, and why?”...
Coke Partners With Molson Coors for 2021 Topo Chico Hard Seltzer Launch
October 13, 2020
Late last month, Coca-Cola went all in on the fast-growing US hard seltzer category, signing up Molson Coors Beverage to manufacture, market, and distribute Coke’s new Topo Chico hard Seltzer. Meanwhile, PepsiCo’s executives indicated they may remain on the sidelines, at least for the foreseeable future.
Ball, North America’s largest aluminum can maker, estimates that shortages for the package in the US this year will top 10 billion cans, according to a Credit Suisse synopsis of the company’s Oct. 6 investor meeting. More details of what's at stake ...
Brand Adds Bubly Drops in January. Also Sees China Expansion in Future
October 13, 2020
PepsiCo announced last week that it will launch Bubly-branded flavor drops for use with its do-it-yourself SodaStream sparkling water appliance. In an interview, SodaStream International CEO Eyal Shohat said he isn’t concerned that the drops will ...
Talks Acquisition Strategy, Can Shortage, Hard Seltzer Opportunity
October 13, 2020
Until the COVID-19 pandemic, European-based private label and contract manufacturer Refresco had been on an acquisition tear since purchasing Cott’s North American soft drink operations in January of 2018. Deals last year stretched from Arizona to ...
In the Q&A below, Goist discusses in greater detail Refresco’s acquisition outlook. BD also asks about can shortages and the hard seltzer category. But first, some background and context.
Sports Drink to Challenge Gatorade, Bodyarmor With RTD Offering
October 13, 2020
BioSteel, the Canopy Growth-backed upstart looking to break into the US ready-to- drink sports hydration category, will announce today a distribution deal with ...
‘Not Obvious How You Capture a Lot of Value,’ CEO Says
October 1, 2020
With Coca-Cola’s move into the hard seltzer category, and the possibility of an entry from Monster Beverage, analysts on PepsiCo’s earnings conference call this morning were naturally inquisitive about...