IRI

Seagram's Escapes Launches Limited-Edition Pop & Watch Variety Pack with JOLLY TIME Popcorn

Retrieved on: 
Monday, October 30, 2023

ROCHESTER, N.Y., Oct. 30, 2023 /PRNewswire/ -- For a limited-time, Seagram's Escapes Pop & Watch is hitting shelves with new, seasonal flavors: Blackberry Pear, Cranberry Orange, Apple Melon and Raspberry Lime. Available now through February 2024, the packs come in 11.2 oz. bottles or 12 oz. cans. Additionally, the limited-edition Cranberry Orange flavor will be available in 4-packs of 11.2 oz. bottles.

Key Points: 
  • Consumers simply purchase a Pop & Watch variety pack along with a 3-pack of JOLLY TIME Pop Corn, they earn a rebate of up to $5.99.
  • "Our research indicates that Seagram's Escapes consumers love salty snacks, so this promotional pack is the perfect pairing for both brands," said Jaime Polisoto, Seagram's Escapes brand director.
  • "We anticipate a strong interest in this pack with incremental displays and robust distribution given the value and seasonal relevance."
  • Promotional incentives and rebates, including the Jolly Time cross-merchandising rebate, can be found by scanning the QR code included on Seagram's Escapes Pop & Watch packaging.

Keurig Dr Pepper and Grupo PiSA Announce Long-Term Partnership for Electrolit

Retrieved on: 
Thursday, October 26, 2023

and FRISCO, Texas and GUADALAJARA, Mexico, Oct. 26, 2023 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) and Grupo PiSA announced today that KDP will sell, distribute and merchandise Electrolit®, a premium hydration beverage, across the United States as part of a long-term sales and distribution agreement.

Key Points: 
  • and FRISCO, Texas and GUADALAJARA, Mexico, Oct. 26, 2023 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) and Grupo PiSA announced today that KDP will sell, distribute and merchandise Electrolit®, a premium hydration beverage, across the United States as part of a long-term sales and distribution agreement.
  • Leveraging its more than 70-year history and leading market position in Mexico, Electrolit entered the U.S. market in 2014.
  • Under the partnership, KDP will sell and distribute Electrolit in the vast majority of KDP's company-owned direct store distribution territories and across all channels of trade.
  • Caridad Ochoa, President and Chief Executive Officer of Electrolit USA, added, "We look forward to a highly successful alliance and partnership between our companies.

The Simply Good Foods Company Reports Fiscal Fourth Quarter and Full Fiscal Year 2023 Financial Results and Provides Full Fiscal Year 2024 Outlook

Retrieved on: 
Tuesday, October 24, 2023

Fourth quarter fiscal 2023 net sales growth of about 17% was in line with estimates.

Key Points: 
  • Fourth quarter fiscal 2023 net sales growth of about 17% was in line with estimates.
  • In the fourth quarter of fiscal 2023, total Simply Good Foods combined measured and unmeasured channel U.S. retail takeaway increased about 11%.
  • Gross margin was 37.6% in the fourth quarter of fiscal 2023 versus 37.1% last year, an increase of 50 basis points.
  • In the fourth quarter of fiscal 2023, the Company reported net income of $36.6 million compared to $30.1 million for the comparable period of fiscal 2022.

The Real Good Food Company Reports Preliminary Third Quarter 2023 Financial Results and Provides Preliminary 2023 and 2024 Outlook

Retrieved on: 
Tuesday, October 10, 2023

CHERRY HILL, N.J., Oct. 10, 2023 (GLOBE NEWSWIRE) -- The Real Good Food Company, Inc. (Nasdaq: RGF) (“Real Good Foods” or the “Company”), an innovative, high-growth, branded, health- and wellness-focused frozen food company, today reported preliminary financial results for its third quarter ended September 30, 2022.

Key Points: 
  • CHERRY HILL, N.J., Oct. 10, 2023 (GLOBE NEWSWIRE) -- The Real Good Food Company, Inc. (Nasdaq: RGF) (“Real Good Foods” or the “Company”), an innovative, high-growth, branded, health- and wellness-focused frozen food company, today reported preliminary financial results for its third quarter ended September 30, 2022.
  • This is lower than the Company’s previously announced guidance for the third quarter 2023 of expected net sales of $60 million to $65 million.
  • In addition, the Company also estimates that, as of September 30, 2023, it will have a cash balance of approximately $2 million.
  • The Company expects to publicly report its final consolidated financial statements and related notes as of and for the quarter ended September 30, 2023 in November 2023.

Keanu Reeves and Ryan Reynolds Win Inaugural “Who Would You Like To Have a Beer With” Garage Beer Poll

Retrieved on: 
Wednesday, October 11, 2023

Global action star Keanu Reeves and entrepreneurial maestro Ryan Reynolds received the most votes in the inaugural “Who Would You like to Have a Beer With” poll via Garage Beer.

Key Points: 
  • Global action star Keanu Reeves and entrepreneurial maestro Ryan Reynolds received the most votes in the inaugural “Who Would You like to Have a Beer With” poll via Garage Beer.
  • Garage Beer is a classic, small batch brewed light beer.
  • The Beer Flavored Beer (slogan) is Ohio-brewed and currently available for purchase throughout the Midwest (and spreading).
  • IRI data: Garage is the #1 number selling craft, light beer in Ohio, Kentucky and Indiana where it is currently in distribution.

E2open Announces Executive Transition

Retrieved on: 
Tuesday, October 10, 2023

Accordingly, the e2open board of directors has initiated an external search process to identify a new permanent chief executive officer and has retained a leading executive search firm.

Key Points: 
  • Accordingly, the e2open board of directors has initiated an external search process to identify a new permanent chief executive officer and has retained a leading executive search firm.
  • In the meantime, the board has named Andrew Appel as interim chief executive officer and appointed him to the board of directors, effective immediately.
  • He previously served as president and chief executive officer at IRI, a leading provider of big data, predictive analytics, and forward-looking insights.
  • “On behalf of the entire board, I want to thank Michael for his many contributions to e2open over the past eight years.

Holiday Shoppers Feeling Less Festive Plan to Delay Spending to Later in the Season, Reports Circana

Retrieved on: 
Tuesday, October 3, 2023

Consumers plan to spend an average of $754 on holiday shopping this year, which is below last year’s spending intentions.

Key Points: 
  • Consumers plan to spend an average of $754 on holiday shopping this year, which is below last year’s spending intentions.
  • “The consumer is softly thinking about spending less this holiday season,” said Marshal Cohen, chief retail industry advisor for Circana .
  • Almost half (48%) of holiday shoppers point to rising costs and other expenses as a reason they plan on spending less this year.
  • More than a quarter (26%) of holiday shoppers plan to buy all of their holiday gifts on sale this year.

Arch Biopartners Submits Application to the Turkish Ministry of Health to Conduct a Phase II Cardiac Surgery Associated-Acute Kidney Injury Trial for LSALT Peptide

Retrieved on: 
Friday, September 22, 2023

LSALT peptide is the Company’s lead drug candidate for preventing and treating inflammation injury in the kidneys, lungs and liver.

Key Points: 
  • LSALT peptide is the Company’s lead drug candidate for preventing and treating inflammation injury in the kidneys, lungs and liver.
  • This application in Turkey follows the Company’s submission of an Investigational New Drug Application to the U.S. Food and Drug Administration’s (FDA).
  • The FDA subsequently granted the Company permission to proceed with this Phase II trial in late June .
  • Of this total, the application to the MoH requests permission to recruit up to 150 patients in Turkey.

LA FÊTE WINE COMPANY ADDS TWO INDUSTRY VETERANS TO GROWING SALES TEAM: SCOTT FRIEDECK JOINS AS VICE PRESIDENT OF NATIONAL ACCOUNTS AND JENNIFER ALLEN JOINS AS BUSINESS DEVELOPMENT MANAGER, DMV

Retrieved on: 
Thursday, September 14, 2023

Scott Friedeck joins La Fête as Vice President of National Accounts.

Key Points: 
  • Scott Friedeck joins La Fête as Vice President of National Accounts.
  • Jennifer Allen joins as Business Development Manager, DMV (DC/Maryland/Virginia), bringing with her over a decade's worth of supplier and wholesaler experience.
  • Scott Friedeck joins La Fête Wine Company following nine years with Vintage Wine Estates, where he was the Vice President, South Central Zone; Vice President, National Accounts; and Vice President, Central Zone.
  • La Fête Wine Company is the luxury lifestyle wine company behind La Fête du Rosé and La Fête du Blanc.

August U.S. Retail Spending Results Reflect Easing Inflation and Adjusted Consumer Priorities, Reports Circana

Retrieved on: 
Thursday, September 14, 2023

Discretionary general merchandise spending declines continued with a 5% decline in dollar sales and 7% drop in unit sales compared to last August.

Key Points: 
  • Discretionary general merchandise spending declines continued with a 5% decline in dollar sales and 7% drop in unit sales compared to last August.
  • CPG spending gains slowed slightly from last month, with 3% growth in food and beverage, a 2% increase in non-edible revenue compared to last year.
  • “The purse strings are tightening and shifting when it comes to retail spending,” said Marshal Cohen, chief retail industry advisor for Circana .
  • Over the past two years, the once minimal gap in spending changes across general merchandise, food, and non-edible CPG has varied.