Expands Single-Serve Portfolio in Fast-Growing U.S. Powder Market
September 17, 2024
PepsiCo launched a new single-serve electrolyte powder today called Gatorade Hydration Booster that is billed as “all-day, always-on hydration.” The product enters a...
PepsiCo Gatorade President and GM Mike Del Pozzo is leaving the company to become president of US confection for chocolate maker Hershey. He starts Sept. 16. The 23-year PepsiCo veteran has led Gatorade since July 2022. “Mike has had an incredible run at PepsiCo, making significant impacts across multiple areas of our business,” PepsiCo Beverages North America CEO Ram Krishnan said in a statement to BD. “He is a true example of the leaders PepsiCo has....
Reyes Coca-Cola Bottling has sued Keurig Dr Pepper in California over the company's decision not to renew a franchise agreement with Reyes to distribute Dr Pepper products. The bottler has...
Hard Mtn Dew Producer Boston Beer, Lipton Hard Iced Tea Maker FIFCO to Retain Roles
February 27, 2024
PepsiCo is shifting its alcohol business strategy from distribution to brand licensing as the company looks to expand Hard Mtn Dew and Lipton Hard Iced Tea nationally at a faster pace, PepsiCo has confirmed to BD. Blue Cloud Distribution will be renamed...
Looks to Close Gap with Gatorade in $2B Zero Sugar Sports Drink Segment
January 18, 2024
Coca-Cola has rolled out BodyArmor Zero Sugar nationwide at retail and online. BodyArmor gave convenience store operators a sneak peek at the product in October during the NACS show in Atlanta. The brand’s entry into the fast-growing...
Multi-serve Glass Bottle Planned for Spring. Single-Serve Version to Follow
December 18, 2023
Coca-Cola’s Red Tree Beverages is planning a spring launch of the US alcohol unit’s first wine-based product, named Minute Maid Spiked. The drink was developed for the large percentage of legal drinking age consumers who regularly mix alcohol into non-alcoholic juice and juice drinks, including Minute Maid products, Red Tree President Jenny Dowdy said in an interview. “We saw this as a ...
Firewalled, Permitted Entity Can 'Further Engage' in Alcohol Marketing and Strategy, Exec Says
July 14, 2023
Coca-Cola has established a federally permitted alcohol subsidiary called Red Tree Beverages to further explore the US alcohol beverage business, Coke’s Chief of New Revenue Streams Dan White told BD in an interview. The unit, created late last year and “firewalled” from Coca-Cola’s non-alcoholic operations, is permitted to...
Hearing Set for Pending Bankruptcy Settlement and Deal Despite Lingering FTC Hurdle
June 29, 2023
Bankrupt Bang Energy owner Vital Pharmaceuticals and Monster Beverage are now pushing to close a sale agreement for most of Bang’s assets by Aug. 3, according to ...