In 2018, pricing gains for carbonated soft drinks offset volume declines and led to dollar growth for the first time since 2015. As the table below shows, rising carbonated soft drink (CSD) prices compensated for a -1.5% drop in volume, resulting in a +1.4% dollar increase
California Lawmakers Also Seek Host of Restrictions for Beverage Makers
March 1, 2019
A group of California lawmakers have proposed a statewide excise tax on sugar-sweetened beverages to help fund affordable healthcare initiatives. The move has been interpreted as retaliation for the industry’s successful maneuver last year
Plus, Reed’s Poised to Test New CBD Ginger Beer as FDA Plans New Rules
March 1, 2019
Sales of CBD-infused drinks reached $86 million in 2018 and will grow to more than $1.4 billion in 2023, Zenith Global and Beverage Digest have concluded in a joint report. Favorable federal regulation in the U.S. would...
New Regional Structure to Add ‘Speed, Alignment, Agility. Kirk Tanner to Lead Refreshed Organization Now Called PepsiCo Beverages North America. Refranchising Effectively Off the Table.
February 15, 2019
PepsiCo today has announced internally a significant restructuring of its U.S. beverage business to boost performance. According to sources close to the plan, the former North America Beverages (NAB) unit has been realigned into four U.S. regional divisions –
The Philadelphia sweetened beverage tax championed by Mayor Jim Kenney in 2016 has figured into a 116-count federal indictment against a local union boss and a city councilman, among others. According to the indictment unveiled on Jan. 30, John Dougherty, who ran the Local 98 chapter of the International Brotherhood of Electrical Workers, allegedly used