Martín writes news articles and feature stories covering the non-alcoholic beverage industry for BevNET. A graduate of Boston University, Martín's previous work has appeared in USA Today, The Boston Globe and The Boston Herald.
Amazon has welcomed more than 100,000 brands to its U.S. store so far this year, and the company has introduced a suite of new services and user tools aimed at helping those brands gain customers and increase profits.
Iowa-based BLK & Bold Coffee has announced a multi-year partnership with the National Basketball Association (NBA) to support the company’s “5% For Our Youth” charitable initiative through the release of a new roast, called The Warm Up.
The journey towards federal regulation for the legal use of CBD in food and beverage products took another step forward today with the introduction of the Hemp Access and Consumer Safety Act in the U.S. Congress.
Fair Trade USA and Chobani announced yesterday the formal launch of a certification program for dairy farms and cooperatives “that provides financial premiums to dairy farmers and workers, which will help protect and empower them while raising sustainability standards,” according to a press release.
Oat-based product maker Oatly (Oatly Group AB) has officially filed for an initial public offering. The much-heralded Swedish company, which entered the U.S. in 2017, has emerged as leader in the $2.5 billion plant-based milk space, which now represents 15% of the milk category according to data from the Plant Based Foods Association and the Good Food Institute.
PepsiCo reported net revenue growth of 6.8% in Q1 of this year, a figure that “reflects the benefits of (its) highly strategic acquisition activity” and “continued investment in our brands, manufacturing capacity, supply chain and go-to-market systems,” the company reported this morning.
Target is committing over $2 billion towards supporting Black-owned businesses through the end of 2025, the retailer announced today, as part of a broader effort to use its “size, scale and resources to create opportunity” for those companies