Plus, this week’s new products. ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
 
 
BevnetJuly 26, 2024
DAILY BRIEFING: LITE EDITION
A preview of today's news & insights for the beverage industry.
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📰 Today's Top Story

🥤 Jonesin’ For A Fix? Soda Brand Embraces Role as ‘Fast-Follower’

🥤 Jonesin’ For A Fix? Soda Brand Embraces Role as ‘Fast-Follower’

Jones Prebiotic Pop? Considering some of the flavors the subversive craft soda brand has launched in the past (and how could we forget), maybe this isn’t as far-fetched an ambition as it seems. 

Those Pop dreams are very real, according to Jones CEO David Knight, who’s tasked with guiding the 27 year-old company in “transitioning from a craft soda company to beverage company” without losing any of its essential Jones-ness. That means stretching across categories – see last week’s introduction of regular and zero-calorie colas, via a partnership with action sports promoters Thrill One – and formats (i.e. cans), and generally pushing the brand out of its established comfort zone. 

BevNET Insiders can access the full story and hear directly from Knight to learn why he believes Jones can be a billion dollar brand.

 

👉🏼 What You Need to Know 👈🏼

🆕 Gallery: This Week’s Hot New Sips

🆕 Gallery: This Week’s Hot New Sips

Today is Friday and you all know what that means…. It's new product gallery time! We’ve rounded up the hottest new products and packaged them up into a neat array. Here’s a sneak peek at what’s inside:

🐻 Wandering Bear unveiled its latest creation, 3-to-1 Cold Brew Concentrate. According to a LinkedIn post, the new offering is “a powered up version of the Wandering Bear you know and love” and is “endlessly versatile.”

🍸 Canned espresso martini producer Blossom introduced what it claims to be the industry’s first fruit-flavored espresso martini: Dark Cherry Blossom Espresso Martini. The new offering (9% ABV) features tasting notes of dark cherry, vanilla and Peruvian coffee.

🎃 Though many people (and brands!) are still focused on summer, some are already daydreaming about autumn. Enter Chobani, which is announcing the release of two new seasonal products: Pumpkin Spice Greek Yogurt Drink (SRP $1.99 per 7 oz. bottle) and Pumpkin Spice Barista Oatmilk (SRP $4.49 per 24 oz. carton). Whoa! First P-Spice mention of the season!

Check out the full new products roundup on BevNET.

 

📥 Did Your Company Receive an EIDL Loan From The SBA During COVID-19?

During the COVID-19 pandemic the Small Business Administration (SBA) opened up its Economic Injury Disaster Loan (EIDL) program to support businesses through those unprecedented and uncertain times. 

Now, the SBA is beginning to collect on those loans, and some small business owners have found themselves in a precarious financial position, unable to raise outside capital or sell their businesses due to the complexity of the loan terms.

Did your business receive funds from the EIDL program? If so, we’d love to hear from you. Please reach out to adeluca@bevnet.com

 

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🚨 What You're Missing 🚨

  • Exclusive insight to how Mommenpop is approaching aperitifs
  • The latest update in the debate over Kroger/Albertsons proposed merger
  • Details on a new father-son beverage brand launched by an industry vet
 

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