Molson Coors Brewing Company said its President and CEO Peter Swinburn, 61, is retiring at the end of the year. The brewing company, which is based in Denver and Montreal, is known for its Coors Light, Molson Canadian and Blue Moon brands.
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According to the Beverage Information & Insights Group's 2014 Liquor Handbook,...
Coca-Cola Enterprises, an Atlanta-based company, reported an increase in its earnings this quarter by 8.8 percent. The adjusted profit topped analysts' expectations. Profits increased from $182 million in the same quarter last year to $198 million this quarter.
Liquor Giant Diageo is expanding its commitment to purchase green natural gas in Canada for its Manitoba and Quebec locations. Purchasing green natural gas for these facilities will reduce the sites' carbon footprints by 95 percent and 80 percent, respectively.
Denver joins Chicago and New York City as cities experiencing the magic of Drizly alcohol delivery. Beginning today, Denverites can get their favorite beer, wine and liquor delivered in just 20-40 minutes, for the same price that they pay for products in the store.
The maker of beverages such as Dr Pepper, 7Up and Mott's reported its second quarter earnings with a 35 percent increase, topping expectations. Dr Pepper Snapple Group, based in Plano, Texas, said its net income increased to $210 million from $155 million.
The Lempert Report Innovation Series, which features food innovations in processing and packaging, this week features two brothers who through their company Sambazon took a little known superfood from Brazil and introduced it to America. Introducing: the acai berry.
PepsiCo said global volume for both its snacks and drinks rose 1 percent in the second quarter. The gains were relatively modest, but the lower prices in its Frito-Lay division, along with the addition of four special flavors, has helped lift sales volume.
First Lady Michelle Obama's push for America to drink more water has helped boost nearly $1 million in bottled water sales since September. According to a study released by Nielsen Catalina Solutions, her "Drink Up" campaign has increased sales by 3 percent.
Lawmakers in San Francisco have agreed to place a per-ounce tax on sugary drinks, including soda, on the November ballot. San Francisco is aiming to become the first U.S. city to pass a tax on sugary beverages, a move that has angered the beverage industry.
While most beers sold in the U.S. are named either Coors Light or Bud Light, craft brews are growing. How did we end up with an explosion of craft brews, but when it comes to buying them from other states, you find nothing but restricted markets.
The Kentucky Distiller's Association said the state's bourbon inventory has topped 5 million barrels of whiskey for the first time since 1977. Production has soared by more than 150 percent in the last 15 years, resulting in nearly 5.3 million barrels at the end of 2013.
Campbell Soup Company's beverage brand, V8 Juice, is hoping to spark a turnaround in the struggling beverage by hitching it to the growing popularity of new brands that mix more exotic ingredients like coconut water, kale and ginger and tout their freshness.
Coca-Cola, the world's largest beverage maker, said its quarterly sales fell short of estimates as the demand for Diet Coke has fizzled out. The sales volume, however, rose 3 percent, boosted by the gains in China, India and the Middle East.
Against the Grain Brewery, a Kentucky facility, plans to expand its facilities in Louisville, boosting production by more than 400 percent. The company expects to create 20 new jobs as a result of the expansion. The addition will include a barrel brewhouse.
Coffee is a cornucopia of chemical compounds that influence its taste. One group of compounds about which plenty is known are the chlorogenic acids. In medium to light coffee brews, the main source of bitterness comes from the chlorogenic acids.
The U.S. craft beer scene is so fresh and dynamic, Europeans are becoming as excited about it as Americans. Many large American craft breweries are setting up businesses in Belgium, Germany and the United Kingdom in hopes to make the industry grow.
The caffeine overdose of an 18 year old Ohio student has led to investigations by the Food and Drug Administration of the powder's safety in energy drinks and food, as manufacturers have added caffeine to candy, nuts and other snack foods in recent years.
KeHe Distributors has agreed to purchase Nature's Best — a California-based distributor of natural food products like nutrition bars. KeHE's acquisition of the company is in part to expand its national distribution of natural and organic products.
Oregon is sueing 5-Hour Energy for falsely claiming customers get extra energy and focus from a unique blend of ingredients, when in truth the boost comes from a concentrated dose of caffeine. The suit also targets claims that the product is OK for adolescents.
A soda tax is making its way forward to San Francisco voters as the Board of Supervisors endorsed the proposed measure. With sugary drinks having been under the fire for years, San Francisco aims to become the first city to pass a per-ounce soda tax.
PepsiCo invested $1.25 million in two grants geared toward improving the health of America's children through the power of good nutrition and exercise. The grants support the GENYOUth Foundation, Fuel Up to Play 60 and the United Way Healthy Zone School Program.
After four months of increases, wholesale food prices fell 0.2 percent in May. That should bring some grocery bill relief. Food costs had been rising because crops were damaged by a drought in California and brutal winter storms in the Midwest.
Starbucks is making its much-anticipated debut in the country synonymous with coffee after years of roasting Colombia's Arabica beans for billions of java lovers the world over. But will Colombians answer Starbucks' siren call and ditch a popular local chain favorite?
Frito-lay announces cappuccino-flavored chips for its Lay's brand beginning in late July. The coffee-flavored chips are part of the four finalists of its second annual "Do Us a Flavor" contest in the U.S., which allows people to create a new potato chip.
The brewery scene is anything but new in states such as Oregon and California, but federal census data shows the industry continues to boom. Dozens of microbreweries have popped up around New Mexico in recent years, creating jobs and helping develop the economy.
Jimmy Russell, master distiller of Wild Turkey and worker since 1954, speaks to USA Today's "The Street" host about 60 years of the bourbon business. Russell says Wild Turkey has become an enduring brand by making its product the old fashioned way.
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