Brad Avery

Brad Avery

Senior Reporter

Brad is a Reporter for BevNET.com.

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Posts by Brad Avery

CELSIUS: PepsiCo Deal Allows for ‘Immediate Scale’

CELSIUS: PepsiCo Deal Allows for ‘Immediate Scale’

CELSIUS’ leadership believes the company’s new distribution partnership with PepsiCo will help increase its distribution footprint by around 40% over the next 12 months as the Florida-based energy drink brand eyes new channels and global growth.

Bang Announces Split from PepsiCo

Bang Announces Split from PepsiCo

After a year-and-a-half of high tension and muted sales, Bang Energy says it has officially ended its distribution partnership with PepsiCo. The Florida-based brand, a subsidiary of VPX Pharmaceuticals, announced in a brief press release today that “all disputes with PepsiCo have been fully settled and resolved” effective immediately and that the brand will return to DSD distribution through a number of new partnerships.

Monster: Pricing +6% In September; FMBs In the Works and Spirits-Based RTDs Under Consideration

Monster: Pricing +6% In September; FMBs In the Works and Spirits-Based RTDs Under Consideration

Monster Beverage Corp. plans to introduce three to four alcoholic beverage brands over the next few quarters, some of which will use brand names acquired from CANarchy and some that will be developed in-house. That slate may not include hard seltzer, as the company playing in the broader FMB space and, potentially, spirit-based RTD canned cocktails.

IRI: Convenience Channel Growth Slowed in Q1 Amid Inflation Woes

IRI: Convenience Channel Growth Slowed in Q1 Amid Inflation Woes

Convenience channel growth decelerated to 1.7% in the first quarter of the year, underperforming all other retail channels, according to market research firm IRI’s “The Convenience Store Landscape Q1 2022” report released this week.

Dry Shelves: Retailers Build Out Non-Alc Adult Beverage Sets

Dry Shelves: Retailers Build Out Non-Alc Adult Beverage Sets

Between non-alcoholic spirits, beers, wines and mocktails, the options for consumers have boomed over the past few years, but the rise of this category has also presented a challenge for retail buyers – raising questions of where in the store these zero proof products belong. Now, as retailers expand their NA offerings, some stores such as Washington-based Town & Country Markets, are creating sets exclusively dedicated to the new wave of non-alcoholic adult beverages.

BDSA: Global Cannabis Sales Expected to Grow 22% in 2022

BDSA: Global Cannabis Sales Expected to Grow 22% in 2022

Legal cannabis sales worldwide are projected to rise 22% this year to over $35 billion, up from $29 billion in 2021, according to a report by Colorado-based cannabis market data supplier BDSA.

Monster Execs Discuss Alcohol Strategy; CANarchy Deal Closed February 17

Monster Execs Discuss Alcohol Strategy; CANarchy Deal Closed February 17

On February 17, Monster completed its acquisition of CANarchy Craft Brewery Collective LLC for $330 million, bringing a roster of craft beer brands into its portfolio including Oskar Blues, Cigar City, Deep Ellum, Perrin Brewing, Squatters and Wasatch.

Cann Goes to Canada, Closes $27M Series A Round

Cann Goes to Canada, Closes $27M Series A Round

Cannabis-infused social tonic brand Cann has closed a $27 million Series A funding round, the company announced today, setting the stage for expansion into Canada and bringing a crew of new celebrity investors into the fold.

Legalization, ‘Share of Buzz’ Top Challenges Facing Cannabis Beverages

Legalization, ‘Share of Buzz’ Top Challenges Facing Cannabis Beverages

“Share of Buzz” may be one of the biggest challenges facing brands looking to enter the cannabis beverage space, according to a panel discussion hosted by Duane Morris LLP and the American Trade Association for Cannabis and Hemp’s (ATACH) Cannabis Beverage Council on Wednesday. The webinar, titled The Cannabis Beverage Revolution: Is Beverage Cannabis’ Next… Read more »

TricorBraun Acquires Zuckerman Honickman and Vessel Packaging

TricorBraun Acquires Zuckerman Honickman and Vessel Packaging

Global packaging distributor TricorBraun announced today that it has acquired beverage packaging providers Zuckerman Honickman and Vessel Packaging in a move providing the conglomerate with additional non-alcoholic beverage capabilities and an expanded footprint in Canada. According to the company, all Zuckerman Honickman and Vessel team members, including existing leadership, are expected to remain with the… Read more »

Death & Co. Makes First CPG Play with RTD Cocktail Launch

Death & Co. Makes First CPG Play with RTD Cocktail Launch

When Death & Co. opened its first bar in 2006, it rapidly established itself as one of the premiere names in the modern craft cocktail movement through its innovative approach to creating new drinks. Now, the company is hoping to do the same in the emerging RTD cocktail category with its first retail consumer product: a line of canned libations, which launched this month.

ReserveBar to Acquire Minibar Delivery

ReserveBar to Acquire Minibar Delivery

A pair of beverage alcohol e-commerce platforms are merging. E-commerce luxury spirits platform ReserveBar announced today that it will acquire Minibar Delivery, a marketplace that offers on-demand delivery of beer, wine and spirits.