Topic
Food and Beverage
18 stories related to this topic, newest first.
finance13 days ago
Starbucks to Offer Blended Refreshers Starting July 14
Starbucks will let customers order any Refresher drink blended beginning July 14. The move expands a $2 billion beverage platform that the company says drives afternoon visits.
Fortuneai19 days ago
Bazooka CIO deploys AI for demand planning and supply chain tasks
Sankar Karuppasamy has introduced machine learning tools at Bazooka to improve forecasting accuracy and support manufacturing decisions. The candy maker separated from Topps in a 2023 sale to Apax Partners.
world28 days ago
PerfectTed Reports $67 Million Annual Revenue From Matcha Products
PerfectTed, founded in 2021 by Marisa Poster, Levi Levenfiche and Teddie Levenfiche, now sells matcha in more than 30,000 retail and café locations across 50 countries. The company offers ceremonial-grade powders, ready-to-drink lattes and matcha pods compatible with Nespresso ma…
FO
thepointsguy.comworld31 days ago
Starbucks Snack Case Draws Celebrity Attention
Khloé Kardashian publicly expressed interest in joining the Starbucks snack case. The case offers a curated selection of packaged snacks at Starbucks locations.
finance.yahoo.comworld32 days ago
PepsiCo Plans Price Increases on Some Smaller Chip Bags
PepsiCo is preparing to raise prices on selected smaller bags of chips. The move follows earlier reductions on larger packages after consumer complaints about costs.
tvinsider.combusiness34 days ago
ARIH to Host Pop-Up Events During BTS Las Vegas Concert Week
ARIH, a food and beverage brand collaborating with BTS, will run activations at Allegiant Stadium, The Forum Shops at Caesars Palace, and select Walmart locations from May 23 to May 28.
nypost.comworld36 days ago
Coca-Cola Discontinued Minute Maid Five Alive Around 1995
Minute Maid's Five Alive citrus drink was discontinued by Coca-Cola around 1995. Social media posts continue to recall the product decades later. The company still sells Five Alive in Canada and Nigeria.
Benzingaai39 days ago
Starbucks Tests ChatGPT Beta For Drink Recommendations
Starbucks has launched a beta application inside ChatGPT that suggests drinks based on user prompts or uploaded photos. The test occurs as a Harris Poll survey found that only 39% of consumers trust artificial intelligence for purchase decisions. Users can discover drinks through…
cnbc.comfinance40 days ago
Kraft Heinz Launches Kool-Aid Electrolyte Packets in Bid to Revive Slumping Brand
Kool-Aid Hydration electrolyte packets without artificial dyes or sugar debut in three flavors later this month at $4.99 for six sticks. The launch forms part of a 70% increase in brand investment and a $600 million commitment to reverse nearly a decade of slumping sales.
The Independentbusiness41 days ago
Greggs to Open Shop at Tenerife South Airport
The bakery chain will open its first international outlet in more than 15 years at Tenerife South Airport later this month. The store will be located in the international departures area and will offer a range of its products along with seating. The company last operated shops ab…
Semaforworld42 days ago
PepsiCo Franchisee to Invest $82 Million in New Abu Dhabi Production Facility
Abu Dhabi Refreshment Company, a PepsiCo franchisee, is investing $82 million in a new facility in the UAE capital to boost local production. The move comes as supply chain disruptions from the Iran war push the company to localize output of Aquafina, Gatorade, Lay’s and Quaker O…
Financial Timesfinance43 days ago
Chinese Bubble Tea Chain Mixue Plans Expansion to 500-1000 Stores in Brazil by 2030
Mixue, which operates more stores globally than McDonald's, opened its first location in Brazil last month and aims for significant growth there. The company has more than 60,000 outlets worldwide, mostly in China, and is building international supply chains after launching in th…
benzinga.comworld43 days ago
Kraft Heinz to Cut Prices, Expand Promotions and Invest $600 Million After Years of Declining Sales Volumes
Steve Cahillane, five months into his role as CEO of Kraft Heinz, has convinced the board to commit $600 million to the business rather than pursue a breakup. The company is lowering prices, expanding promotions and upgrading packaging while warning of potential new inflationary…
YA
indianexpress.comfinance46 days ago
PepsiCo Expands Low- and No-Sugar Beverages to Over 50% of India Portfolio, Targets 90%
PepsiCo said more than 50% of its beverage portfolio in India now comprises low- to no-sugar offerings and aims to reach 90%. The shift comes as viral videos have targeted products from Bournvita, Dabur's Real juice and Coca-Cola's Mazaa, prompting regulatory action and company r…
upi.comfinance46 days ago
Kraft Heinz Beats Q1 Earnings Expectations as New CEO Focuses on Legacy Brands
Kraft Heinz reported first-quarter earnings and revenue that topped expectations Wednesday, sending shares more than 2 percent higher. CEO Steve Cahillane, who joined in January, told CNBC's Mad Money that the company's biggest growth opportunity lies in reinvesting behind underi…
GB Newsworld48 days ago
Virgin Atlantic Launches New Spring/Summer Menu on All Flights Starting May 6
Virgin Atlantic is introducing a new menu featuring seasonal dishes and expanded drink options across all cabin classes. The update includes British wines, vegan options, and child-friendly meals, with special offerings for the Seoul route. The menu rollout begins network-wide on…
thehindu.comtechnology51 days ago
Starbucks CEO Explains $9 Coffee Price
Starbucks CEO Brian Niccol stated that a $9 coffee can provide value through a premium experience, including seating and barista interactions. He emphasized that customers across income levels view it as affordable or a worthwhile splurge. Critics online called his comments out o…
CU
denverpost.comfinance56 days ago
Balkans Emerge as Alternative Source for Juniper Berries Amid Western European Yield Declines
Yields of juniper berries in Western Europe are decreasing due to climate change, overgrazing, and habitat loss. The Balkans are positioning themselves as an alternative supply source. This shift aims to maintain consistent gin production.
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