Food & Drink

The slowdown of the hard seltzer market reared its head today in the Boston Beer Company’s earnings call. While they reported third-quarter depletions increased 11%, and their third-quarter shipments increased 11.2% compared to the prior year, they still reported a net loss of $139.2 million due to slower than anticipated hard seltzer growth. “The unexpected
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Chuck Bundrant, the titan of the fishing industry who commercialized pollock at fast food chains around the world and spent six decades trawling northern seas, died on Sunday at the age of 79. Bundrant quietly ran America’s largest seafood company, Trident Seafoods, from Seattle, with a fleet of 40 vessels and 16 processing plants, mainly
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One of the world’s largest chocolate and cocoa product manufacturers and suppliers, Barry Callebaut, has officially expanded into the functional beverages market with its launch of Elix, a nutraceutical drink made with whole cacao fruit that aims to promote circulatory health by helping people maintain the elasticity of their blood vessels. The product, which was
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