Water Passes Soda for the Most Consumed Drink

10 Mar 2017

Bottled water sales outpace soda for first time in U.S.CBS

Bottled water overtook soda as the No. 1 drink sold in the U.S. last year, according to one metric.

Americans drank an average of 39.3 gallons of bottled water in 2016 and 38.5 gallons of carbonated soft drinks, according to research and consulting firm Beverage Marketing Corp.

Of course, just because Americans are drinking more water doesn’t mean soda companies are suffering. The top two bottled water brands, Dasani and Aquafina, are owned by Coca-Cola and PepsiCo, respectively. The two companies captured 26 percent of bottled water revenue last year, according to the Wall Street Journal.

Sounds like a good trend.

McDonald’s Plans To Improve Its Burgers

2 Mar 2017

McDonald’s vows to win back patrons with better burgersUSA Today

McDonald’s executives unveiled plans Wednesday for better burgers, delivery services and more digital-friendly restaurants to return to growth after the loss of “hundreds of millions” of visits by customers who drifted away as the chain fell behind on quality, value and convenience.

In the U.S., the upgrades will be in place at roughly 2,500 of its eateries by the end of this year. Most of the nation’s 14,000 restaurants will be revamped by 2020, according to Chris Kempczinski, president of McDonald’s USA.

About time…

Krispy Kreme Purchased By European Conglomerate

9 May 2016

Krispy Kreme Being Taken Private For $1.35 Billion

Krispy Kreme is being taken private by a unit of private equity firm JAB Holding Co. for $1.35 billion, the companies said on Monday.

For JAB, the Krispy Kreme buy comes months after its $13.9 billion acquisition of Keurig Green Mountain. The European private equity conglomerate also has controlling stakes in coffee chains like Peet’s Coffee & Tea, Caribou Coffee , Espresso House and Jacobs Douwe Egberts and bagel shop Einstein Noah Restaurant Group.

The acquisition has been unanimously approved by Krispy Kreme’s board of directors and is expected to close in the third quarter. The company will continue to operate out of its Winston-Salem, North Carolina headquarters.

Thankfully operations will continue as normal in the U.S.

Big Food and Chemical Spend $22 Million to Block Washington Proposal

29 Oct 2013

Food giants pour millions into defeating Washington GMO label measure – Reuters

Major U.S. food and chemical companies are pouring millions of dollars into efforts to block approval of a ballot initiative in Washington state that would make it the first in the United States to require labeling of foods containing genetically modified crops.

Voters will decide whether many common grocery items containing ingredients from genetically altered crops should be labeled as such.

Supporters say labeling foods made from genetically modified organisms (GMO) would provide information for consumers to make informed shopping choices. Food and chemical companies say the wording would suggest something is wrong with gene modified ingredients that the companies believe are safe.

The Grocery Manufacturers Association (GMA), which represents more than 300 food and beverage companies, has put roughly $11 million into fighting the measure, or roughly half of the nearly $22 million raised by opponents of labeling, according to Washington Public Disclosure Commission figures as of Tuesday.

A consortium that includes General Mills, Nestle USA , PepsiCo, Monsanto,, DuPont and other corporate giants, are the key contributors to the nearly $22 million raised to campaign against the bill.