Beverages

Dr Pepper Cherry a 'Keeper': CEO

Strong sales offset declines for regular, diet versions
PLANO, Texas -- Soft drink maker Dr Pepper Snapple Group Inc. plans to keep the new Dr Pepper Cherry drink in its permanent portfolio, its chief executive said on Wednesday, according to a Reuters report. "A lot of times we do these extensions where they're a limited-time offer, but this one we're going to keep on board," CEO Larry Young told the news agency. "It's definitely a keeper."

Strong sales of Dr Pepper Cherry offset declines for the regular and diet versions to help the overall Dr Pepper brand eke out higher sales volume in the first nine months of 2009, according [image-nocss] to the report, citing data from Beverage Digest.

By contrast, the U.S. industry saw a 3% decline, Beverage Digest said.

"If I look at the industry as a whole, if I look at the economy, I think we still have our challenges out there," Young said. "We're seeing an uptick with the consumer, but...the beverage industry has a real close correlation with unemployment. As the unemployment numbers improve we see our business improve."

Dr Pepper, which claims to be America's oldest major soft drink brand, was invented in 1885 at a drug store in Waco, Texas, Young said, adding that its taste is created by blending 23 flavors.

Plano, Texas-based Dr Pepper Snapple Group is an integrated refreshment beverage business marketing more than 50 beverage brands to consumers throughout North America. In addition to its flagship Dr Pepper and Snapple brands, the company's portfolio includes 7UP, Mott's, A&W, Sunkist Soda, Hawaiian Punch, Canada Dry, Schweppes, Squirt, RC Cola, Diet Rite, Penafiel, Rose's, Yoo-hoo, Clamato, Mr & Mrs T and more. It operates 24 bottling and manufacturing facilities and more than 200 distribution centers across the United States, Canada, Mexico and the Caribbean.

Members help make our journalism possible. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Foodservice

Opportunities Abound With Limited-Time Offers

For success, complement existing menu offerings, consider product availability and trends, and more, experts say

Snacks & Candy

How Convenience Stores Can Improve Meat Snack, Jerky Sales

Innovation, creative retailers help spark growth in the snack segment

Technology/Services

C-Stores Headed in the Right Direction With Rewards Programs

Convenience operators are working to catch up to the success of loyalty programs in other industries

Trending

More from our partners