Coca-Cola acquires 100% ownership of Fairlife | Danone US president "very bullish" on yogurt | Dunkin' tops Entrepreneur's franchise list
January 17, 2020
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Coca-Cola acquires 100% ownership of Fairlife
Coca-Cola acquires 100% ownership of Fairlife
(Fairlife)
Coca-Cola has taken 100% ownership of dairy brand Fairlife after acquiring the remaining stake from Select Milk Producers, its joint venture partner, for an undisclosed amount. "Our innovative product lines will continue to grow and improve with the strength and scale of The Coca-Cola Co.," said Fairlife CEO Tim Doelman.
Winsight Grocery Business (1/15) 
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Danone US president "very bullish" on yogurt
Amid Danone's rollout of a spate of new yogurt products targeting changing consumer tastes, Danone North America President Pedro Silveira says he remains "very bullish" on the category. Danone became market leader in the North American yogurt category for the first time in 2019 with a 33% share, the company reports, and this year it will introduce more yogurt products that meet consumers' desire for lower sugar content, alternative sweeteners and plant-based options.
Food Dive (1/16) 
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The Market
Dunkin' tops Entrepreneur's franchise list
Dunkin' was No. 1 on Entrepreneur's list of the top 500 franchises, with Taco Bell and McDonald's in the top three. Food remained the largest category but did shrink slightly, and maintenance was the second largest.
Entrepreneur online (1/14) 
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Starbucks plans Toronto underground pickup spot
Starbucks will open a pickup-only unit in the PATH pedestrian complex that runs underground in parts of downtown Toronto. The format is designed to quickly serve customers who order ahead via the mobile app, but customers who want to order on-site and use their reusable cups will be able to do so.
BNN Bloomberg (Canada)/The Canadian Press (1/15) 
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Health and Nutrition
Brain, sleep health top functional beverage category growth
The fastest-growing category in the functional beverage market addresses brain health, followed by sleep-enhancement, said Caleb Bryant, associate director of food and drink reports at Mintel. Beverages that boost energy, mood and digestive health are also growing in demand, said Holly McHugh, marketing associate at Imbibe.
Beverage Industry (1/15) 
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SmartBrief Originals
Most Clicked: Take a look at this week's hottest food and beverage industry stories with SmartBrief's Top 10 list.
H-E-B, Cheetos popcorn caught readers' eyes this week
News that H.E. Butt Grocery ranked first among US grocery chains was this week's most-clicked food-and-beverage story. The launch of Cheetos popcorn in two flavors and Kraft's new corn-fiber chocolate sweetener also grabbed SmartBrief readers' attention this week.
SmartBrief/Food & Travel (1/17) 
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Trends
Best Practices
PepsiCo embraces wind, solar amid shift to 100% renewables
PepsiCo is seeking virtual power purchase agreements and renewable energy certificates with wind and solar projects as it works to power all its US operations with renewables by the end of the year. The shift is expected to reduce PepsiCo's emissions 20% below 2015 levels.
Recharge (tiered subscription model) (1/15) 
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Government
Dairy industry applauds passage of USMCA
The Senate's passage of the United States-Mexico-Canada Agreement on Thursday was met with praise from the dairy industry. "Today's resulting vote in the Senate showcases a strong bipartisan support for this modern trade agreement and ultimately strong support to get US dairy products to be exported to our neighbors to the north and south," FarmFirst Dairy Cooperative President John Rettler said.
DairyReporter (1/16) 
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Editor's Note
SmartBrief will not publish Monday
In observance of Martin Luther King Jr. Day in the US, SmartBrief will not publish Monday. Publication will resume Wednesday.
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You know there are moments such as these when time stands still and all you do is hold your breath and hope it will wait for you.
Dorothea Lange,
documentary photographer, photojournalist
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