Constellation Brands named Jay Wright, currently the president of the company's North American division, the company's chief operating officer, effective immediately.
Among the fastest growing beverage trends of recent years has been energy drinks. Indeed, even in a year of slim growth for the category overall, energy beverages managed to post a strong 5.4% increase in volume, per Beverage Marketing Corp.
POM Wonderful LLC does not have the scientific backing to make advertising claims that its pomegranate juice and supplements prevent or treat prostate cancer, erectile dysfunction and heart disease, a U.S. Federal Trade Commission lawyer said.
Sales of bottled water continue to rebound in the U.S. as, according to Convenience Store News, the segment saw sales rise 4.2% in 2010, following a 10.2% plummet in 2009, and are projected to increase 3% in 2011.
PepsiCo Inc. said it plans more price increases on its products this summer, but not enough to offset rising commodity costs amid a still-fragile consumer recovery.
The J.M. Smucker Co.'s acquisition of Cafe Bustelo and Cafe Pilon expands its coffee business into the espresso category and may widen its appeal to Hispanic coffee lovers.
A new Spanish study links binge drinking in college students to a lowered ability to remember lists of words, although the research does not prove alcohol is at fault and the drinkers did fine on a separate memory test.
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