Coca-Cola just announced sweeping changes to its global organization. The strategy pares the company from 17 business units managed by four geographical groups down to nine operating units, which will...

Coca-Cola will give US employees a paid day off on Election Day, Nov. 3, to make it easier to vote, according to an internal Coke memo...

PURECIRCLE RESTATES 2018 REVENUE, REPORTS FISCAL 2019 EARNINGS. In a statement yesterday, global stevia maker PureCircle announced the...

The sudden October sales decline of National Beverage’s LaCroix sparkling water brand (BD Email Alert 11/13/18) appears to have continued into November. According to IRI data published this week by analysts at Susquehanna Financial Group, National Beverage’s sparkling water volume (made up of mostly LaCroix) declined -7.1% as dollar sales fell -1.2% during the four weeks ending Nov. 18. That followed a volume decline of -6.9% and a dollar decline of -2.7% during the four weeks ending Nov. 3, according to Nielsen data published more than two weeks ago by Wells Fargo. Prior to these declines, National sparkling water dollar sales had grown +6.3% in the four weeks ending Oct. 21, according

Next week, PureCircle will announce plans to extract proteins, soluble fibers and antioxidants from the same stevia leaf used to extract high-intensity sweeteners. PureCircle CEO Maga Malsagov told BD that the innovation will lower the cost of stevia sweeteners to manufacturers and boost PureCircle’s bottom line. Demand is rising for such ingredients in beverages as consumers look for increased functionality and health benefits. Sourcing protein, fiber and antioxidants from the same leaf as stevia sweeteners also will allow manufacturers to “enormously simplify” their labels, Malsagov said. PureCircle expects to become the first supplier to commercialize the new stevia leaf ingredients, starting in the