Reed’s launches nausea relief beverage
LOS ANGELES Soda maker Reed’s is gearing up to introduce a nausea relief beverage to drug stores nationwide.
“Reed’s Rx” Natural Ginger Nausea Relief is being launched in convenient 4-packs of 5.5-oz. cans and is a brew of fresh ginger, honey, pineapple juice, and lemon and lime juices with added vitamin B6.
“The ‘Reed’s Rx’ product line represents an exciting new growth area, and is a testament to the naturalness and healthiness of our products, which can be used to treat nausea and motion sickness,” said Neal Cohane, Reed’s SVP sales and marketing. “This new product allows us to access over 240,000 convenience, grocery, and drug stores across the U.S. that have stomach aisles offering over-the-counter nausea relief products, as well other channels, including hospitals, cancer centers, airports, and cruise ships, where consumers are looking for natural alternatives. We believe this represents an exciting new opportunity to significantly grow our sales beyond traditional food and supermarkets.”
PepsiCo completes bottlers acquisitions
PURCHASE, N.Y. Food and beverage giant PepsiCo has completed its $7.8 billion strategic acquisitions of its two largest bottlers, Pepsi Bottling Group and PepsiAmericas.
“Today marks Day One of the new PepsiCo,” said chairman and CEO Indra Nooyi. “Bringing together these three great companies enables us to create the industry’s fastest, most flexible and most efficient food and beverage system. It will leverage the capabilities of our entire enterprise — what we call The Power of One — to achieve many years of healthy, profitable growth.
“This investment opens up a broad range of new growth opportunities around the world, particularly in North America, which accounts for the majority of our revenues and offers the prospect of significant growth. We have approximately 115,000 employees in the U.S. alone, and we are committed to continuing to invest in this critically important market,” added Nooyi.
PepsiCo said it expects to achieve 11% to 13% EPS growth in 2010. The company also said it expects to achieve low-double-digit core constant currency EPS growth in 2011 and 2012.
“We have devoted the last 10 months to meticulously planning the integration of our companies, and we are fully prepared to launch our new enterprise starting today,” Nooyi said. “Most important, we have an exceptionally strong and experienced leadership team in place and ready to go.”
New nut flavors hit store shelves
DURANGO, Colo. Ricky’s Lucky Nuts has launched glazed peanuts in four unique flavors.
Created by restaurateur Paul Gelose, Rickey’s Lucky Nuts contain no-oil-added roasting process, all-natural ingredients and unique flavor profiles have created something totally new in the snack aisle.
“More and more people are looking for snacks that are interesting and different. The expectation of quality is being met by several products but our snack peanut goes above quality to give the snacker an exceptional flavor experience,” Gelose said.
In addition to its Original Style Peanut, the line has expanded include three more international flavors:
- Bombay Curry Coconut
- Spicy Chile Chipotle
- Black Pepper & Salt
Ricky’s Lucky Nuts are available at select Whole Foods, H-E-B, City Markets, Tony’s Markets and Pharmaca Integrative Pharmacies.