CPG: Adult Beverage

Articles on CPGs in the adult beverage space.

  1. Corporate Strategy

FMI elects new board members

ORLANDO – FMI – The Food Industry Association announced on Monday its 2023 board of directors elected at the association’s annual Midwinter Executive Conference in Orlando. The new slate will guide the implementation of FMI’s 2023-approved strategic plan during a time of rapidly evolving industry challenges and opportunities and reflects the breadth of the product […]
4 min read
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  1. Department: Beverage

Yes Bojangles Partnership with Appalachian Mountain Brewery Works

  Bojangles new brand messaging with a real kick! In an effort to drive brand awareness, brand relevance, and internet buzz all with edifying the Bojanglesbrand with some new electricity, according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. So, that’s why Bojangles and Appalachian Mountain Brewery (AMB) have partnered to brew […]
3 min read
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  1. Corporate Strategy

Brown-Forman Announces Chief Information Officer and Jack Daniel Distillery Leadership Appointments

LOUISVILLE, Ky.–(BUSINESS WIRE)–Brown-Forman Corporation (NYSE:BFA) (NYSE:BFB) announces the appointments of Larry Combs to the newly created role of Chief Information Officer and Director of Supply Chain Integration and Strategy, and Melvin Keebler to the role of General Manager, Jack Daniel Distillery Supply Chain, effective immediately. Larry Combs “Supply chains across the globe have been under […]
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  1. Department: Beverage

Americans bought less beer after price hikes

U.S. beer sales, which had been largely immune to rising prices, fell after brewers raised prices in October. Constellation Brands CEO Bill Newlands said, “The consumer is overly sensitive to pricing actions. We need to be careful in balancing our growth profile and our pricing profile.”
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  1. Trends & External Forces

Jim Cramer’s Investing Club meeting Friday: Stocks rise, Constellation, Wells Fargo

[[“value”:”Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Stay wary of tech Wait to buy Constellation Stick with Wells Fargo 1. Stay wary of tech stocks Stocks rose Friday on signs wage growth is moderating , signaling the […]
2 min read
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  1. CPG: Adult Beverage

Molson Coors sells Hooch, Hooper’s and Reef brands to distributor

Independent drinks company Global Brands has bought Hooch, Hooper’s and Reef from Molson Coors, brands that it has distributed on behalf of Molson Coors since 2012. Steve Perez, chairman and founder of Global Brands, said: “We are delighted to welcome the Hooch, Hooper’s and Reef brands as fully fledged members of the Global Brands family. […]
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  1. Channel: Ecommerce & Digital

Constellation CEO hints at stock buyback after shares take a beating. The Club would fully support the move

Constellation Brands (STZ) could potentially implement a stock buyback program, CEO Bill Newlands said Thursday — a move we would welcome as shareholders in the alcoholic beverage maker. Newlands’ comments came on the heels of Constellation reporting mixed 2023 fiscal third-quarter results earlier in the day, sending the company’s stock price tumbling. Shares of Constellation […]
2 min read
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  1. Channel: Mass

As Constellation’s shares fall on weak earnings, we see a buying opportunity

Alcoholic beverage producer Constellation Brands (STZ) reported mixed fiscal 2023 third-quarter earnings on Thursday before the opening bell. While the results came in short of our expectations, we see the subsequent drop in the Corona beermaker’s share price as chance for investors to buy up the stock. Net sales climbed 5% year-over-year, to $2.44 billion, […]
4 min read
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  1. Trends & External Forces

Editor’s comment Running out of road

Rather than popping down to the Premier at the end of my street, I recently signed up for rapid delivery service Getir to get a quick pint of milk and a loaf of bread delivered, followed a few days later by a couple of bottles of booze to drink with friends. Yes, there was a […]
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  1. Department: Beverage

Alcohol Alternatives Aren’t Just For Dry January

This Dry January, consumers now have a multitude of beverages to choose from when they’re not indulging in alcohol. Mintel research shows consumers are increasingly reevaluating their relationship with alcohol and replacing those drinks with new beverages. Options include non-alcoholic craft beer, mocktails, cannabis tonics, and even premium sparkling water. This nascent AA (alcohol alternative) […]
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  1. Department: Beverage

Non-alcoholic beer to continue growing in 2023, Athletic Brewing Company CEO says

Non-alcoholic beer has quickly grown as bigger beer giants like AB InBev and Heineken launch new products as well as the rise of brewers like Athletic Brewing.[[“value”:” The start of ‘Dry January,’ a month when many people avoid drinking alcohol, typically brings a heightened level of attention to non-alcoholic drinks. But the CEO of one […]
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  1. Corporate Purpose

Jim Cramer’s Investing Club meeting Friday: Fed strategy, Club mantra, buying opportunities

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.[[“value”:”Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. The Fed isn’t ready to stop Investing mantra reminder Looking to buy 1. The Fed isn’t ready to […]
2 min read
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  1. International

Mondelēz International Appoints Ann Mukherjee to Board of Directors

CHICAGO, Dec. 13, 2022 (GLOBE NEWSWIRE) — Mondelēz International, Inc. (Nasdaq: MDLZ) today announced the appointment of Ann Mukherjee, Chairwoman and Chief Executive Officer of Pernod Ricard North America, to the Company’s Board of Directors, effective January 1, 2023.
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  1. Channel: Restaurants

Non-Alcohol Beverages are Hot, Hot, Hot

  Who moved the Beer?  Consumers are dynamic not static and all food retailers need to look a customer ahead or risk losing relevance with the next generation of consumers according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. I bet that many of you did not know that recent research finds […]
4 min read
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  1. Department: Beverage

National Beverage Corp. Reports Highest Second Quarter Sales

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–National Beverage Corp. (NASDAQ: FIZZ) today announced results for its second quarter ended October 29, 2022. Second Quarter Ended October 29, 2022 vs. Second Quarter Ended October 30, 2021: Net sales increased to $300 million, our highest second quarter; Net income was $36 million; Earnings per share was $.39; and Cash grew […]
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  1. Channel: Ecommerce & Digital

Boisson Supports NA Spirit Boom with High-Touch, Curatorial Experiences

The stress of the pandemic sparked a surge in the wine, beer and spirits market: a 2020 RAND Corporation study found that alcohol consumption among adults 30 and older increased by 14%. However, beginning in late 2020, many people started to re-evaluate their habits and explore no- and low-alcohol (NA) beverage options. Sales of these products reached $3.1 billion in […]
5 min read
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  1. Media & Marketing

Building Omnichannel Shopper Marketing Capabilities from the Ground Up with Pernod Ricard’s Chris Hurley

The CPG Guys, PVSB and Sri are joined in this episode by Chris Hurley, Vice President of Channel & Shopper Marketing at Pernod Ricard, a convivial, responsible and successful global wine and spirits group and the #1 premium spirits organization in the world. The Group represents 240 premium brands available in more than 160 countries. […]
2 min read
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  1. Trends & External Forces

Two Views Of The 2022-2023 Labor Market

The New York Times has two different takes on the current labor market: •  The New York Times has a story about how “one of the biggest surprises in today’s job market” is that “hundreds of thousands of men in their late 30s and early 40s stopped working during the pandemic and have lingered on […]
3 min read
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  1. Agencies & Vendors

Walmart ranks No. 1 in 2022 Kantar PoweRanking

NEW YORK — Walmart took the top spot in Kantar’s PoweRanking report for the 26th consecutive year, a feat that Kantar calls a testament to the retailer’s strength, scale, and focus over time. PoweRanking is the industry’s leading assessment of best-in-class manufacturers and retailers. Chosen by their peers, leaders are ranked on a range of […]
2 min read
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Editor’s Choice

  1. International
  2. Department: Food
  3. Acquisitions, Divestitures & Mergers
  4. Corporate Finance
  5. International
  6. Trends & External Forces

Mondelēz International Reports Q4 and FY 2022 Results

Full Year Highlights Net revenues for the full year increased +9.7% driven by Organic Net Revenue1 growth of +12.3% with underlying Volume/Mix of +2.7%. For the fourth quarter, Net revenues increased +13.5% driven by Organic Net Revenue1 growth of +15.4% with underlying Volume/Mix of +1.6% Diluted EPS was $1.96, down 35.5%; Adjusted EPS1 was $2.95, up +11.9% on […]
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  1. Technology & Innovation
  2. Technology & Innovation
  3. Trends & External Forces
  4. Associates & Employees

Robots could surpass workers at Amazon by 2030, Cathie Wood says

KEY POINTS “We are just at the dawn of the robotics age. And I would say artificial intelligence and battery technology are all a part of that movement as well,” Cathie Wood said. Amazon had more than 1.6 million workers at the end of 2021, according to its most recent annual report. Wood’s Ark Innovation […]
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  1. Channel: Dollar/Value
  2. Department & Category
  3. ESG
  4. Partnerships & Alt Profit
  5. International
  6. Stores & Formats

Aldi expands Too Good To Go partnership nationwide following successful trial

Aldi is rolling out its partnership with the world’s largest surplus food platform, Too Good To Go, across all of its 990 UK stores. Following a successful trial last year, Aldi is now offering surplus food bags available nationwide, in a bid to tackle food waste while also offering even lower prices to customers. The […]
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  1. Shopper & Customer
  2. Channel: Ecommerce & Digital
  3. Channel: Grocery
  4. Department & Category
  5. Department: Nonfood
  6. Corporate Strategy
  7. Corporate Finance
  8. Media & Marketing
  9. Retailer Media
  10. Agencies & Vendors
  11. Data & Insights
  12. Shopper & Customer
  13. Technology & Innovation
  14. Trends & External Forces
  15. Retail Operations
  16. Stores & Formats

dunnhumby’s Sixth Annual Retailer Preference Index (RPI) for U.S. Grocery
THE GROCERS BEST ‘BUILT TO LAST’

H-E-B, Costco Best Navigate The 2020 – 2022 Pandemic Grocery Market Upheaval, Bumping Amazon From Its Top Ranking Customers emerged from 2020 – 2022 placing more importance than ever on finding the right balance of savings and quality while placing less importance on saving time. Pandemic surge in retailer digital capabilities and consumer digital adoption […]
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  1. Data & Insights
  2. Department & Category
  3. Department: Food
  4. Data & Insights
  5. Shopper & Customer
  6. Trends & External Forces
  7. Associates & Employees
  8. Holiday & Events

Charted: U.S. Egg Prices More Than Double in 2022

Charted: U.S. Egg Prices Double in 2022 Eggs are a staple food for many countries around the world, and the U.S. is no exception. Americans eat between 250‒280 eggs a year on average. Eggs are also easy to cook, protein-dense and supply many daily vitamins needed for healthy living, making them a popular meal or […]
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