Beverage

Coca-Cola withdraws business from Russia while other companies remain

Coca-Cola withdraws business from Russia while other companies remain

By Mary Ellen Shoup

Coca-Cola is the latest major global food and beverage giant to suspend operations in Russia as an act of protest against the Russian invasion and continued attack on Ukraine and follows similar announcements made by PepsiCo, Starbucks, and McDonald's....

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Celsius' sales rise by more than 190% in quarter

By Hank Schultz

Energy drink firm Celsius reported passing the $100 million quarterly revenue mark in its recent year end earnings filing. The company made strides in both brick and mortar distribution and greater penetration in online platforms.

Food and beverage companies suspend operations in Ukraine

Food and beverage companies suspend operations in Ukraine

By Mary Ellen Shoup

Several international food and beverage companies have temporarily shut down operations in Ukraine following Russia's invasion to ensure the safety of employees while bracing for the long-term economic impact that skyrocketing commodity prices and...

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