Walmart Doubles Down On Private Label With Premium, Accessible bettergoods Debut
BevNET.com
by Adrianne DeLuca
17h ago
The country’s largest grocery retailer is setting up to capitalize on consumers’ growing affinity for private label offerings amid continued, heightened food prices. Walmart debuted its new store brand, bettergoods, today with over 300 unique products ..read more
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Beam Suntory Rebrands to Suntory Global Spirits
BevNET.com
by Ferron Salniker
20h ago
Beam Suntory is rebranding to Suntory Global Spirits, a move that both reflects back on the decade since the Japanese spirit giant acquired the maker of Jim Beam, as well as the company’s continued evolution into a global premium spirits and ready-to-drink competitor ..read more
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Coca-Cola Raises FY 2024 Sales Guidance on Global Demand, Price Hikes
BevNET.com
by Shauna Golden
20h ago
The Coca-Cola Company raised its full-year organic sales guidance on Tuesday after posting first quarter 2024 earnings and revenue that surpassed analysts’ expectations, propelled by strong global demand amidst a “dynamic backdrop ..read more
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Taste Radio: For Elizabeth Banks, Entrepreneurship Is Like Acting: Unconventional Is The Only Way
BevNET.com
by BevNET.com Staff
20h ago
Hollywood multi-hyphenate Elizabeth Banks and entrepreneur Marian Leitner, the co-owners of fast-growing canned wine brand Archer Roose, speak about the origins of their relationship; incorporating a sense of adventure, breaking rules and relatable humor into Archer Roose’ marketing strategy; and why entering Target meant being about “to swing at a pitch they could hit ..read more
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Oatly: North America Spurs Q1 Margin Gains, Revenue Growth
BevNET.com
by Martín Caballero
23h ago
Oatly hailed “progress on [its] three strategic pillars” during its first quarter 2024 earnings call this morning, casting a positive tone on a report that highlighted volume growth, margin gains and cost cuts ..read more
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OWYN Acquired By The Simply Good Foods Company
BevNET.com
by Adrianne DeLuca
2d ago
The Simply Good Foods Company (SGFC) is adding more muscle to its brand lineup. The publicly-traded company announced today it will acquire Only What You Need (OWYN) for $280 million in a cash transaction ..read more
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BevNET Launches New Press Release Portal
BevNET.com
by BevNET.com Staff
2d ago
With our new self-service press release portal, you can get your press release / news posted more quickly with increased control over formatting AND the ability to make changes after publishing ..read more
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Profile: ‘Every Man’ Bottled Water Startup FNSH Hydration Hopes For Running Start
BevNET.com
by Brad Avery
2d ago
In the punishing marathon of growing a startup beverage company, the majority of brands, sadly, never make it to the finish line. But Jay Williams, the founder and “Chief FNSHer” of bottled water brand FNSH Hydration, has been preparing for this run for a long time ..read more
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Struggling CPG Lender Ampla Up For Sale; Brands Face Credit Concerns
BevNET.com
by Jeffrey Klineman
2d ago
An important source of working capital for early stage food and beverage entrepreneurs is in turmoil as fintech consumer brand lender Ampla and its investors have spent the last several weeks fighting off collapse ..read more
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Taste Radio: It’s Not Just You. Everything Looks The Same. Is That A Bad Thing?
BevNET.com
by BevNET.com Staff
5d ago
Call it the millennial/Gen Z effect. A retro aesthetic is the defining characteristic of modern package design as new brands incorporate the vibe and culture of decades past into product labels. But has the trend made it more challenging for emerging brands to stand out ..read more
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