Last updated on June 13th, 2024 at 05:16 pm
Convenience Store News In Brief…
Dr Pepper Snapple Group (DPS) has reached an agreement to make an equity investment in BA Sports Nutrition LLC, owner of BodyArmor SuperDrink, a line of premium sports drinks. The $20 million investment gives DPS an 11.7 percent ownership position in BA Sports Nutrition. DPS has carried BodyArmor as an allied brand in much of its direct store delivery network since 2013 and plans to expand the product line further in its system over the next year…
The craft brewing industry has continued a strong pace of growth in the first half of 2015, according to new data released by the Brewers Association. American craft beer production volume increased 16 percent during the first half of the year. From January through the end of June 2015, approximately 12.2 million barrels of beer were sold by craft brewers, up from 10.6 million barrels during the first half of 2014…
According to the NPD Research Group, single-person households in the U.S. are 38 million strong and growing. This group has an impact on snacking in terms of eating behaviors, packaging and marketing. The growth in snack foods being consumed at mealtime are largely driven by people who are eating those meals by themselves, according to NPD’s recently released “Snacking in America Report.”
