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Nestlé & Coca-Cola Refresh Beverage Portfolios

An insider says Nestlé SA will sell some of its American water brands, which include Pure Life, Poland Spring, and Deer Park, reported Reuters (Oct. 15). The brands being sold, which also include Deer Park, …

Coca-Cola Reimagines Beverage Lines

Coca-Cola is discontinuing its Zico coconut water brands, reported The Wall Street Journal (Oct. 4). The decision to halt production of the drink by the end of the year “comes at a time when [the …

World’s Biggest Plastic Producers Accused of ‘Hypocrisy’ Over Pledges

Coca-Cola, PepsiCo, and Nestlé made public pledges to cut plastic while undermining sustainability reforms behind the scenes through lobbying groups and trade associations, a report from Changing Markets Foundation claims. It accused the world’s largest plastic polluters of hypocrisy, …

Food Companies Make More Job Cuts

A growing amount of large food companies—particularly in manufacturing and foodservice—are continuing to restructure, making more job cuts in response to the coronavirus pandemic. Most recently, Coca-Cola laid off thousands of workers, offering voluntary deals …

Betting Big on Better-for-You Beverages

Today’s health-conscious consumers are searching for beverages that help support their overall wellness while still tasting good. Healthier categories have taken off in response, with the better-for-you beverage segment accounting for $125 billion in annual …