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People: February 3, 2021

February 3, 2021

Recent job changes and people news from around the industry.


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Quick-Serve, Fast-Casual Share of Food & Beverage Spend Grew Amid Pandemic

Slowdown in Travel, Education Segments May Be Tailwind for At-Home Consumption
February 3, 2021

Data published last week by RBC Capital Markets from foodservice industry tracker Technomic provide a detailed look at where US consumers are buying food and beverage for consumption away from the home. This includes spending in everything from restaurants to jail commissaries. The largest share of away-from-home spending – more than...


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Keurig Dr Pepper Has Path to ‘Sizeable Deal,' Analyst Says

BD, Sources Speculate About Possibilities
February 3, 2021

Keurig Dr Pepper has a path to “a sizeable deal in the near future,” analysts at Consumer Edge Research concluded in a Jan. 27 report. The analysts, led by Brett Cooper, connected several dots, including KDP’s recent addition of two finance experts to its board. BD explores the possibilities.


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Territory Changes and Deals: December 1, 2020

December 1, 2020

Keurig Dr Pepper announced agreements to buy back territory from Red River Beverage Group and the Maid-Rite Company. Together, the territories include 37 counties in east Texas and northern Louisiana...


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KDP On Offense Amid Honickman Deal

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 ...


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Briefs: October 13, 2020

October 13, 2020

Collection of news items from around the industry to keep you up-to-speed.


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Q&A: Refresco North America COO Brad Goist

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.


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Briefs: September 24, 2020

September 24, 2020

Collection of news items from around the industry to keep you up-to-speed.


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virtual

Pepsi System Meets to Discuss 2021 Plans, Innovation

Company Believes ‘It’s Our Time’
September 11, 2020

For the second time in four years, PepsiCo and key bottling system executives met online instead of in person for an annual meeting to review the next year’s marketing and distribution plan. The following details of the meeting are based on information provided by multiple sources.


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coke-truck

Coke Names Operational Leaders in Global Shuffle

CEO Quincey Illuminates Need for Restructure
September 11, 2020

At an investor event hosted Thursday by Barclays, Coca-Cola CEO James Quincey said the company’s recently announced reorganization centered on...


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