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
The International Brotherhood of Teamsters has criticized distribution changes made by Reyes Coca-Cola Bottling (RCCB) in Southern California. During a Feb. 13 investor conference call, union leaders said the bottler’s “cost-cutting strategies” have undermined service to
Pepsi to Stage Concert at Former Coke Museum in Atlanta
February 1, 2019
Super Bowl sponsor PepsiCo is used to being in enemy territory. The last four Super Bowls were hosted by cities where Coca-Cola enjoys a market share lead in carbonated soft drinks, as the table below shows. While the same holds true this year for Super Bowl LIII, the stakes are even higher as Coke’s hometown Atlanta plays host.
In a Jan. 24 report, analysts at RBC Capital Markets compared the portfolios and social media data for Monster Beverage and Bang Energy. Bang gained attention from analysts last year as a potential threat to Monster’s core energy offerings (BD 10/26/18).
Says Plastic Packaging ‘Huge Risk’ for Beverage Industry
February 1, 2019
BD’s Dec. 7 Future Smarts conference featured an interview with Kate Daly, executive director of Closed Loop Partners’ Center for the Circular Economy. Coca-Cola, PepsiCo, Starbucks and McDonald’s are among 14 consumer product companies that have partnered with Closed Loop since 2015 to make recycling more viable.
Last July, Winston-Salem, NC-based Primo Water found itself caught up in President Donald Trump’s trade war with China. The U.S. imposed import tariffs on about 6,000 Chinese goods worth about $200 billion.
On Dec. 20, Dirty Lemon parent company Iris Nova announced $15 million in seed funding that includes a minority investment by Coca-Cola. Coke’s Venturing & Emerging Brands unit has paid close attention to Dirty Lemon. The brand gained attention for its unique go-to-market strategy, which founder and CEO Zak Normandin has named c-commerce, or “conversational commerce.”