Beverages

Beverage category news for the convenience store retail industry.

Miller opens new front in low-price category in beer wars

MILWAUKEE --Just as the war over light beers has reached a fever pitch, Miller Brewing Co. has decided to open a new front in the economy beer segment, said the Associated Press. Miller and other brewers have lost market share in the low-price category to market leader Anheuser-Busch Cos. Inc.,...

Hyper-caffeinated coffee featured on morning TV

NEW YORK -- Shock, the hyper-caffeinated coffee containing over 50% more caffeine than traditional coffees, was featured yesterday morning on NBC's The Today Show. Hosts Katie Couric, Matt Lauer, Natalie Morales and Al Roker sampled the brew, said to be the first coffee of its kind, created with...

British drinks company Allied Domecq PLC has agreed in principle to a $14.2 billion takeover offer from French and U.S. rivals.

LONDON -- British drinks company Allied Domecq PLC has agreed in principle to a $14.2 billion takeover offer from French and U.S. rivals, a person familiar with the deal told the Associated Press yesterday. Allied Domecq's board has accepted the broad outline of the offer, but some details remain...

The U.S. Department of Justice has decided to close its investigation into allegations raised in a whistleblower lawsuit of accounting irregularities.
Team 7-Eleven fuels new product development
Energy costs helped weigh down the first-quarter operating profit at Plano-based Frito-Lay North America.
McLane will remain key supplier to U.S. stores through early 2008
The downsizing of supersizing is making it harder for beverage companies to keep the soda fountain flowing, according to a Dow Jones report.
Gasoline profits plummet as margins fall and credit card fees escalate, but strong in-store sales and profits spur growth in 2004

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