sip on this
Posted by Dale Buss on November 21, 2013 03:55 PM
Green Mountain wants to reap the full benefits of the US single-cup coffee brewing phenomenon that it started. So the maker of Keurig brewing systems and K-Cup portion packs plans to leapfrog the increasingly problematic copycat crowd with a new "Keurig 2.0" system with "interactive readability" that won't work with copycat pods.
Competition in single-serve pods is getting fiercer, with new players such as Panera continuing to enter the hot marketplace. Yet Green Mountain has continued to dominate the industry. And at least Panera and other brands like Starbucks are coming into the segment under licensing arrangements with Green Mountain and makers of pod systems.
A far bigger problem for Green Mountain has been the fact that patents on its K-Cups ran out in 2012. Unlicensed copycats rushed in, and they've already grabbed 8 percent of the Keurig platform, CEO Brian Kelley told financial analysts this week, with a record penetration of 12 percent by end of Green Mountain's just-completed fiscal fourth quarter. Copycats' price points are as much as 25 percent lower than official K-Cups.Continue reading...
sip on this
Posted by Mark J. Miller on September 26, 2013 03:48 PM
After introducing hand-crafted sodas this summer in its cafes, Starbucks must figure why stop there? According to InvestorPlace, the coffe behemoth filed a trademark for "Fizzio," indicating that it would be applied to a carbonation machine, ala SodaStream.
According to the application, the machine will contain “milk-based beverages, coffees, milk-based beverages containing fruit juice, chocolate milkshakes, teas, iced beverages or sparkling water beverages.” But Starbucks' potential machine won't be alone in the fight against SodaStream. One of Starbucks' main competitors (and business partner) Green Mountain, also filed a trademark this summer for a soda-making machine.Continue reading...
Posted by Dale Buss on September 17, 2013 09:35 AM
Toyota mourns death of Eiji Toyoda, who turned company into an export giant.
Bing releases new logo and design overhaul.
Sony will reportedly launch a dongle device, the Smart Stick, to compete against Google's Chromecast.
Bentley says its ultra-luxury SUV will create a new segment.
Chevrolet offers limited-run new colors on small cars.
Ford hits two million EcoBoost engines.
Green Giant goes “X-rated” in web videos.Continue reading...
sip on this
Posted by Dale Buss on August 22, 2013 12:33 PM
Sure, Folgers Coffee still sponsors the Today Show shout-outs by Willard Scott for American centenarians—by the way, has he turned 100 yet?—but it's also the brand that came up with a young, folksy new take on its venerable musical jingle, performed by a threesome of Millennials.
So maybe it's no surprise after all that Folgers still manages to outsell every other coffee brand in US supermarkets. Volume coffee sales for parent company J.M. Smucker, which bought Folgers from P&G in 2008, increased by 4 percent last quarter, Bloomberg Businessweek reported, though CNBC.com noted that Smucker's US coffee revenues fell by 1 percent on declining prices.
In any event, java snobs who may have written off Folgers long ago in favor of Starbucks a la carte or Green Mountain in a pod may have to smell the coffee differently. Smucker's packaged Dunkin' Donuts coffee also contributed to the volume-sales gain.Continue reading...
Posted by Dale Buss on July 26, 2013 09:33 AM
Samsung reports soaring profits on smartphone sales.
GlaxoSmithKline names new chief in China amid bribery probe.
Apple still tops consumer brands.
A&P goes on auction block.
Activision Blizzard buys back most of Vivendi controlling stake in company.
Acura and Porsche lead in evaluation of websites.
Amazon swings to loss as expenses grow.
American Airlines and US Airways offer antitrust concessions.
AT&T nabs naming rights for Cowboys Stadium.
Daimler takes 5 percent stake in Aston Martin in technical partnership as CEO Dieter Zetsche faces pressure to catch Audi and BMW.
Facebook sees share price come within striking distance of disappointing IPO price.Continue reading...
Posted by Mark J. Miller on July 17, 2013 11:01 AM
SodaStream has dominated the home soda-making market for some time, but Green Mountain Coffee Roasters, the company behind the Keurig brewer and K-cups is reportedly planning to enter the carbonation market as it has filed a trademark for a machine similar to SodaStream's, Bloomberg reports.
Green Mountain, which already rules the single-serve brewing market, has been attempting to add revenue with the creation of new machines, such as the Bolt, a 64-ounce coffeemaker that brews up a complete pot in two minutes, as well as a cappuccino and latte maker called Rivo. According to the trademark application, the new machine will give consumers the options of making soda, carbonated water, sparkling beverages, or still water.Continue reading...
Posted by Sheila Shayon on July 16, 2013 10:45 AM
Nespresso is pledging to buy more coffee from sustainable plantations in Africa as it seeks greater green credibility in a more discerning and competitive coffee pod market.
The Nestle brand, the leader in the single-serve coffee market, is bringing its sustainability program to Ethiopia and Kenya, forming an advisory board comprised of Fairtrade International and Rainforest Alliance members—and George Clooney.
Nespresso has surpassed its goal of sourcing 80 percent of its coffee through the company’s 10 year-old AAA sustainability program, buying coffee from 56,000 farmers and paying them a 30 percent to 40 percent premium to New York market prices. Colombia, Costa Rica, Guatemala, India and Mexico are participants.Continue reading...
sip on this
Posted by Dale Buss on May 22, 2013 07:07 PM
Nespresso may have invented the single-serve capsule coffee machine in 1986, but obviously it's gotten plenlty of company in that arena since then. While the Nestle-owned brand sees lots of growth potential around the world, executives have selected two particular targets for—the United States and China—that won't yield new sales as easily as Nespresso got them in building its original business in Europe.
Two aspects of its business make Nespresso stand out from other competitors such as Green Mountain, the US-based purveyor of K-Cups that has been allying with Starbucks lately. First, Nespresso's business model is direct-to-consumer, not making its pods available on grocery-store shelves, and second, Nespresso leadership actually sees huge remaining growth opportunities in Europe despite the continent's struggle with recession.
"The potential is big" in the UK, Italy, Germany and Russia, where household penetration by Nespresso machines is only about one-fifth of that in coffee-slaking France, Nespresso CEO Jean-Marc Duvoisin told the Wall Street Journal.Continue reading...