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Soft Drink Industry

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BUSINESS
January 28, 1992 | SKIP WOLLENBERG, ASSOCIATED PRESS
Growth in the soft-drink industry slowed last year, but Coca-Cola's lead over second-place Pepsi widened, two closely followed reports on the industry said Monday. The recession and price discounting were cited for the slower overall growth rate, while Coca-Cola's gains reflected its capture of two major fast-food restaurant accounts from Pepsi in 1990. Both reports also detected a slowdown in growth of the diet segment's share of the soft-drink business.
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BUSINESS
June 9, 2006 | From the Associated Press
Wal-Mart Stores Inc. told Coca-Cola Co. that it would double its purchases of Powerade if the sports drink is delivered to its stores through its own warehouses rather than through the bottler system, and that it could jump to a private label if Coke can't do what Wal-Mart requests, the world's largest soft-drink maker said in a court filing. Coke warns that a private-label competitor to Gatorade could deprive Powerade of any future growth opportunities in Wal-Mart stores.
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BUSINESS
August 15, 1987 | JUBE SHIVER Jr., Times Staff Writer
A Miami management team dispatched by Coca-Cola's big new Atlanta bottling conglomerate has shaken up Coke's bottling operation in Los Angeles and set off a price war. In an apparent effort to stimulate lagging sales in Southern California and boost profits for the bottling conglomerate, they have reassigned the local president and other top personnel and fired at least two dozen workers. "It was like Miami Vice," observed Robert Strock, former marketing director of Coca-Cola Bottling Co.
OPINION
February 2, 2006 | Walter Olson, WALTER OLSON is a senior fellow of the Manhattan Institute. This article is adapted from the Winter 2006 issue of City Journal.
GET READY for the next mass-tort crusade: protecting our kids from the ravages of Big Cola. According to news reports, a group of lawyers is gearing up to file lawsuits that will seek to blame Coke, Pepsi and others for obesity, tooth decay and other childhood health ailments. An article in the Boston Globe Magazine has called it part of a "national legal movement to make soft drinks the next tobacco." Instead of tar and nicotine, we'll be hearing about corn sweeteners and caffeine; maybe Dr.
BUSINESS
October 29, 1991 | From Times Staff and Wire Reports
India Firms Want Coke Kept Out: The All-India Soft Drink Manufacturers' Assn. asked the government not to allow Coca-Cola to re-enter the Indian market. It told Prime Minister P. V. Narasimha Rao that the U.S. giant would badly hurt the domestic soft drink industry. The multinational, which shut down its Indian operation in 1977, seeks to return through a joint venture. Coca-Cola left India after refusing to reduce its equity stake to 40%. Rival Pepsi Inc.
BUSINESS
May 23, 1990 | From Associated Press
Pepsi-Cola went on sale in India for the first time in 28 years today after a bitter five-year battle to sell the U.S. soft drink in the tightly controlled Indian market. Pepsi, Seven-Up and Mirinda, an orange soda, hit the market in Jaipur, capital of the western state of Rajasthan, said Christopher Sinclair, president of Pepsi-Cola International. In the coming weeks, the drinks will be sold throughout the country, he said.
BUSINESS
December 17, 1990 | Associated Press
Mom couldn't get you to drink your milk, but Madonna might. At least that's what a big-time New Jersey dairyman and an outgoing Minnesota senator hope. They're trying to persuade the dairy industry to levy a tax on itself to finance a multimillion-dollar advertising war with the soft drink industry. Skeptics, such as Agriculture Secretary Clayton Yeutter, believe Americans already drink as much milk as they're going to.
BUSINESS
February 25, 2003 | From Times Wire Services
Coca-Cola Co. slightly increased its lead over rival Pepsi-Cola Co. in 2002, thanks to the successful launch of Vanilla Coke and the growth of Diet Coke, according to U.S. soft drink industry rankings released Monday. Coke gained 0.6 percentage point in market share and increased its case volume by 2.1%, according to Beverage Digest/Maxwell, a New York-based industry newsletter and data service. The company captured a larger share of the market even though its Coke Classic brand fell 0.
BUSINESS
December 29, 1986 | Associated Press
People kept asking, "Hicks & Haas . . . who ?" Even Robert Haas' daughter wasn't quite sure what he did for a living. "But now the nice thing is that my kids know what I do," says Haas, 39. "All they have to do is open the refrigerator to see my portfolio." Ditto for the rest of America. Haas and partner Thomas Hicks popped onto the soft drink scene in March, 1985, with the purchase of a Dr Pepper bottling plant.
BUSINESS
February 25, 2003 | From Times Wire Services
Coca-Cola Co. slightly increased its lead over rival Pepsi-Cola Co. in 2002, thanks to the successful launch of Vanilla Coke and the growth of Diet Coke, according to U.S. soft drink industry rankings released Monday. Coke gained 0.6 percentage point in market share and increased its case volume by 2.1%, according to Beverage Digest/Maxwell, a New York-based industry newsletter and data service. The company captured a larger share of the market even though its Coke Classic brand fell 0.
BUSINESS
May 1, 2001
* Teck Corp. and its affiliate Cominco Ltd. said they planned to merge to create one of Canada's largest diversified mining companies and the world's biggest zinc miner. The combined market capitalization of the companies, based on their recent share prices, is more than $2 billion. The merged company, based in Vancouver, will be named Teck Cominco Ltd. Under the agreement, Cominco shareholders will receive 1.8 Class B subordinate voting shares of Teck, plus $3.
BUSINESS
December 16, 2000 | GREG JOHNSON, TIMES STAFF WRITER
Gene La Pietra has surfed constantly changing beverage trends during 30 years of serving up drinks at bars and clubs in Hollywood. But few waves have been as dramatic as the arrival of energy drinks--nonalcoholic beverages loaded with caffeine, vitamins and other ingredients designed to provide a quick pick-me-up. The imported Red Bull energy drink is so hot that the club owner built a new bar at Circus Disco in Hollywood that sells only chilled 8.
BUSINESS
July 4, 2000 | Bloomberg News
Cadbury Schweppes, the third-largest soft-drink maker, said its Mott's apple products unit agreed to buy the Mauna La'i juice brand from Mauna La'i Tropicals for an undisclosed price. Mott's, the largest U.S. producer of applesauce and apple juice and the maker of Hawaiian Punch, expects the acquisition to close by midsummer. After the purchase, the Mauna La'i line would be produced at Stamford, Conn.-based Mott's factories. The transaction doesn't include any manufacturing sites or equipment.
BUSINESS
February 19, 2000 | Associated Press
Carbonated soft drink sales growth slowed dramatically in 1999, and analysts blamed the nearly flat performance on rising prices and the popularity of alternative beverages such as bottled water. Colas, led by Coca-Cola Classic and Pepsi-Cola, continued to account for the majority of sales in the $58-billion U.S. soda market, but they lost market share to Mountain Dew, Sprite and Dr Pepper, according to two separate reports. Soda sales volume rose 0.
BUSINESS
January 13, 2000 | GREG JOHNSON, TIMES STAFF WRITER
Coca-Cola Co. is dropping its long-running "Always Coca-Cola" tag line for a new advertising jingle that urges consumers to "enjoy" the world's most popular soft drink. The commercials that will debut on network television Monday mark a crucial juncture for a company that has been hobbled by a product contamination recall in Europe, the resignation of its chairman and charges of racial discrimination at its Atlanta headquarters.
NEWS
May 14, 1991 | PAUL JACOBS, TIMES STAFF WRITER
In one of his last acts in public office, state Director of Health Services Kenneth W. Kizer has asked the U.S. Food and Drug Administration to reduce levels of the cancer-causing chemical chloroform permitted in soft drinks. In a letter to FDA Commissioner David A.
BUSINESS
May 28, 1998 | GREG JOHNSON
Ralph Rubio was knee-deep in construction rubble when a Pepsi-Cola salesman popped his head into the old Mickey's Burger stand on Mission Bay Drive in San Diego. The year was 1983 and Rubio was renovating the small storefront that would house his family's first Rubio's Baja Grill. Impressed that the cola company cared enough to send an emissary, Rubio joined the Pepsi Generation, and, within hours, a Pepsi crew was ripping out Mickey's old Coca-Cola dispensers.
BUSINESS
December 18, 1999 | From Bloomberg News
Coca-Cola Co. said Friday that it will appeal a $16-million fine levied by Italy, which said the world's largest soft-drink maker abused its market position to avoid competition. The Italian Antitrust Authority set the fine, its second-highest ever levied, after investigating a complaint made by No. 2 soft-drink company PepsiCo Inc. in June 1998. The penalty amounts to 3% of the Atlanta-based company's 1998 sales in the country.
CALIFORNIA | LOCAL
November 22, 1999 | Mathis Winkler, (949) 764-4311
Irvine Unified School District officials are hoping Coke or Pepsi will do what taxpayers would not. Trustees unanimously gave tentative approval to a new policy allowing them to sign exclusive contracts with soda companies at their meeting last week. Although some trustees said they were reluctant to encourage soda consumption, the move could earn the district several million dollars over a period of years, an income it was denied this month when voters defeated a $95 parcel tax measure.
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