Keurig Dr Pepper (KDP) and The Coca-Cola Company are adapting to changing consumer preferences. KDP’s acquisition of Ghost underscores its strategy to expand into high-growth segments, particularly energy drinks. During KDP’s third-quarter earnings call Thursday (Oct. 24), CEO Tim Cofer noted the importance of innovation...
Consumer caution does not seem to be hurting the Coca-Cola Company. The food and beverage giant released earnings Tuesday (July 23) showing its organic revenues growing 15%, with management still acknowledging some signs of consumer hesitancy. Speaking to analysts on an earnings call, CEO James Quincey discussed consumer behavior during...
U.S. companies are reportedly looking to this summer’s Paris Olympics to put them ahead of their competitors. Event sponsors have spent 18% more on the upcoming Olympics than they spent on the 2021 summer Olympics, Reuters reported Friday (July 12), citing Comcast’s NBCUniversal. Detailing the ways U.S. firms...
The tidal wave of artificial intelligence (AI) that has hit the payments, commerce and financial services industries has created the need for a new definition. Because AI is enabling and accelerating momentum from analog and manual processes to automated, digital processes, AI and digital transformation...
March 04, 2024
The tidal wave of artificial intelligence (AI) that has hit the payments, commerce and financial services industries has created the need for a new definition. Because AI is enabling and accelerating momentum from analog and manual processes to automated, digital processes, AI and digital transformation belong in the same sentence. And one of the industries […]
January 20, 2021
Even Coca-Cola has had a rough year at the hands of COVID-19. Its most recent quarterly earnings showed an unheard-of 9 percent decline as consumers cut back on consuming its...
July 21, 2020
Carbonated soft drinks, as a category, is getting accustomed to change. Consumers were already buying less sugary soda when COVID-19 hit, and second-quarter earnings reports from Coca-Cola and PepsiCo show...
April 23, 2020
As the COVID-19 pandemic has slammed America, the collateral damage to the U.S. economy has spread far and wide. Some of the ripples like a halt to tourism and in-restaurant dining...
July 23, 2024
Consumer caution does not seem to be hurting the Coca-Cola Company. The food and beverage giant released earnings Tuesday (July 23) showing its organic revenues growing 15%, with management still acknowledging some signs of consumer hesitancy. Speaking to analysts on an earnings call, CEO James Quincey discussed consumer behavior during the quarter. “Firstly, overall, it’d be fair to say that […]
July 12, 2024
U.S. companies are reportedly looking to this summer’s Paris Olympics to put them ahead of their competitors. Event sponsors have spent 18% more on the upcoming Olympics than they spent...
February 21, 2023
Bain & Company and ChatGPT creator OpenAI have formed a global services alliance. The alliance will bring together Bain & Company’s digital implementation capabilities and strategic expertise and OpenAI’s artificial...
April 08, 2022
Today in the connected economy, Nigeria’s OmniBiz inks deals with brands like Nestle, Kellogs and Coke to help them track and improve their sales in the African country. Also, payments...
