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Food and beverage

Fragmented demand means there's not just one beer industry anymore

by Meghan McCarty Carino
Jul 3, 2024
It started with the rise of craft beer in the 2010s and has continued with flavored hard seltzers and canned cocktails.
"Beverage alcohol consumers are starting to spread their dollars across alcohol types and categories more than they have in the past," says Matt Gacioch, staff economist with the Brewers Association.
Justin Sullivan/Getty Images
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To fight inflation, restaurants get creative with menus, portions

by Kristin Schwab
Jan 31, 2022
The rising cost of food is hitting restaurants — and they can only raise prices so much before customers balk.
To avoid raising prices, some restaurants rearrange menus to hide dishes with the lowest profit margins. Sometimes the plate gets a little lighter.
Alex Edelman/AFP via Getty Images
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Oatly plans IPO as plant-based milk goes mainstream

by Amy Scott
May 19, 2021
A tour of the dairy case shows the rise of milk alternatives.
Oatly, the Swedish maker of oat milk, will start selling shares to the public on Thursday, in an offering expected to value the company at $10 billion. The market for milk substitutes has been growing rapidly, with Nestle just releasing its own version made from peas.
PHILIPPE HUGUEN/AFP/Getty Images
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Starbucks turns 50 after year of pandemic challenges

by Meghan McCarty Carino
Mar 30, 2021
Starbucks has become a place to meet, work or grab a cup of coffee. But that became a harder sell during the COVID-19 pandemic.
Starbucks' last report of quarterly results showed same-store sales down about 5% in the U.S.
Loic Venance/AFP via Getty Images
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Hard seltzer explosion continues to bubble

by Meghan McCarty Carino
Feb 18, 2020
The fizzy alcoholic beverages seem to be pulling market share mostly from light beer and appeal equally to men and women.
Cartons of hard seltzer White Claw are on display at the Round the Clock Deli in New York City in September.
Timothy A. Clary/AFP via Getty Images
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World's biggest tea company might get out of the business

by Meghan McCarty Carino
Jan 30, 2020
Consumers are turning away from the basic black beverage toward more "innovative" brands.
Christopher Furlong/Getty Images
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Energy drinks may cause serious heart problems, study shows

by Renata Sago
May 30, 2019
A combination of ingredients may cause potentially life-threatening electrical malfunctions in the heart.
Jack Taylor/Getty Images
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Cocktail developers mix it up at the Kentucky Derby

by Ashlie Stevens
Apr 23, 2019
The mint julep now has some stiff competition.
 A detail of mint juleps packed in pack ice during the Kentucky Derby at Churchill Downs.
Jamie Squire/Getty Images
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The craft beer industry may be a model for us all

by Kai Ryssdal and Sean McHenry
Jan 25, 2018
The business is booming. And the reason may have to do with regulations.
The number of breweries in the U.S. expanded by a factor of six between 2008 and 2016, says Derek Thompson of The Atlantic.
MANJUNATH KIRAN/AFP/Getty Images
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I've Always Wondered ...

Why does soda come in liters and milk in gallons?

by Annie Baxter
Oct 10, 2017
Pepsi's 2-liter bottle brought more soda into households while the nation flirted with the metric system.
Pepsi worked with DuPont to come up with a bottle that was 10 times bigger than the classic 6.5-ounce Coke.
Mario Tama/Getty Images
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