Archive for the ‘FOOD & BEVERAGE’ Category

Natural products growth outpaces total food and beverage

Sales growth in natural products is outpacing the total food and beverage retail market, according to a new report from data firm SPINS. The firm’s first State of the Natural Industry report found natural products reached $47.2 billion in dollar volume for the year ending May 2019, reflecting a 5% increase over the previous year-long […]

Buffalo Wild Wings, MGM partner on sports betting

MGM Resorts International and its sports betting venture Roar Digital announced a multiyear deal with national sports bar Buffalo Wild Wings on Thursday. In the coming months, odds and point spreads will begin appearing on screens at select Buffalo Wild Wings. On Thursday, the two companies will launch Picks and Props, a free-to-play, mobile-only football […]

Tyson Foods invests in plant-based shrimp company

After selling its stake in Beyond Meat in the spring, Tyson Foods’ next bet is on plant-based shellfish. Tyson Ventures, the venture capital arm of the meat processing company, is investing in New Wave Foods. Tyson Ventures CFO Tom Mastrobuoni declined to discuss the financial terms of deal but said that Tyson took a minority […]

SONIC Drive-In Rounds up Fair Faves to Ring in Fall

SONIC® Drive-In brings the thrills and flavors of the fair to a drive-in near you with the launch of a new lineup of crispy and delicious Fair Faves. Serving iconic fair foods without the usual long lines and high prices, SONIC’s Fair Faves include three sweet and savory snacks including the return of fan-favorite OREO® […]

Kraft Heinz Signs Licensing Agency Brand Central To Bring Iconic Brands To Life Through Consumer Products

Kraft Heinz, a global food and beverage company known for their leading portfolio of iconic household brands, such as Planters®, Kraft®, Oscar Mayer®, Philadelphia®, Jell-O®, Heinz®, Kool-Aid® , Lunchables®, Kraft Mac and Cheese®, and Velveeta® –has selected global brand consultancy Brand Central for outbound licensing to extend their best-selling Kraft Heinz brands into new lifestyle […]

Gen Z doesn’t like branding, so Doritos tries a new approach

Snack giant Doritos has launched an ad campaign which features no logo or brand name, to attract a younger, advertising-averse generation. The PepsiCo-owned brand’s campaign is called “Another Level” and features plain chip bags and the triangular-shaped snack itself and launched with a 60-second “Anti-Ad” on YouTube.

US tariffs loom over EU wine, cheese, and spirits

Later this month the World Trade Organisation (WTO) is expected to levy a penalty representing billions of dollars against EU countries for having unfairly subsidised Airbus production and sales at the expense of its US competitor, Boeing.