North American headquarters will move to Chicago office
October 30, 2019
Molson Coors Brewing Co., Denver and Montreal, reported results for the 2019 third quarter and also is announcing a new revitalization plan intended to achieve consistent top-line growth by improving efficiency and unlocking resources to reinvest in the business.
Research pinpoints opportunities to engage emerging consumer base
October 1, 2019
Boston-based Drizly released its first-ever study of how Americans shop for adult beverages, both in-store and online. The study found that digitally native Gen Z purchases alcohol from local liquor stores more often than their millennial, Gen X and baby boomer counterparts. Gen Z also ranks first when it comes to interest in drinking trends, suggesting that their purchasing behavior today could well be a benchmark for how beer, wine and spirits consumption will look tomorrow, the company says.
As beverage warehouses take on more SKUs and distribution centers consolidate, single-source centers must be equipped to handle high throughputs and mixed pallet scenarios. In turn, stretch wrapping equipment must ensure the product’s integrity.
Data collection technology is allowing retailers and manufacturers the ability to develop and stock the products that consumers want or even know the ones in which they should be investing time and money.
Although it once seemed convenient to stop in at a local store to pick up needed items, consumers now can skip the trip altogether and have items delivered to their doors. In turn, this affects how companies package, warehouse, handle and ship products, resulting in a variety of operational shifts.
Beverage Industry’s November issue highlights the 100-year advocacy of the American Beverage Association and what’s next for CEO Katherine Lugar and a new plastics initiative, Every Bottle Back. This issue includes a special report on craft beer, an Up Close With feature on PRESS hard cider and what is sparking innovation in natural colors. Read more about how protein is powering up beverages and how warehouses are using WMS and WCS systems to streamline operations. As usual, the latest trends in new products, packaging and ingredients are highlighted.
Check back throughout the month for additional content.