Coca Cola Co. is discontinuing its Zico coconut water brand and considering getting rid of some less-popular versions of Coke and Diet Coke, according to the Wall Street Journal (WSJ). WSJ quotes a Coke spokeswoman as saying the decision to discontinue Zico by the end of the year “comes at...
Atlanta, GA – With overall soda sales at a 31-year low, Coca-Cola Co. will buy coffee chain Costa Coffee from the UK hospitality company Whitbread for $5.1 billion, giving it a strong coffee platform across parts of Europe, Asia Pacific, the Middle East and Africa, with opportunity to grow. Costa...
Austin, TX – As Amazon takes a more prominent stake in merchandising at Whole Foods Market six months in, a report from Yahoo Finance says it is pressing for more mainstream products such as Coca-Cola, in clear conflict with the company’s current standards for the type of foods it will...
New York, NY — The term “diet” has been used by soft drink companies to describe sugar-free and low calorie options for many years. The Code of Federal Regulations Title 21 states that companies may continue provided that "use of the term is not false or misleading.” On Oct. 16,...
