AMSTERDAM— Dutch brewer Heineken NV says it has sold its packaging business in Mexico to Crown Holdings Inc. of the U.S. for $1.23 billion to reduce debt. Philadelphia- based Crown said the deal will make it the second-largest beer and soft drink can producer in the United States and the maker of 20 percent of all cans globally.» Read More
Tenth and Blake, the craft and import division of MillerCoors, is looking to take a bite out of the burgeoning cider industry with the acquisition of the Crispin Cider Company. The move will give the global beer giant a presence in the beer industry’s fastest growing category.
If man (and woman) has got to eat, the Super Bowl represents to food companies what Christmas is to retailers — a major percentage of sales.
Over at the Gloss, bartender Kristen Hamill reveals what you've known all along: your bartenders are judging you by what you drink.
About 38 million Americans binge drink at least four times a month, a new study says, with an average eight drinks per sitting.
If sin sells — and sex sells, as the success of Internet pornography industry and its annual convention more than demonstrate — then does it follow that investing in sin makes sense?
Is it a good way to influence behavior and/or raise revenue, just like tobacco and alcohol?
Sodastream shares get a pop Thursday on the announcement of co-branding a deal with Kraft Foods. CNBC's Jim Cramer weighs in.
Sodastream Chief Executive Daniel Birnbaum told CNBC Thursday the company's deal with Kraft not only adds "sparkle" to some of Kraft's iconic brands, it enhances Sodastream's business model.
CNBC's Darren Rovell reports the Boston Beer Company hit all time highs.
The Fast Money Halftime Report traders discuss stocks making moves in the market.
The hamburger chain is sipping on the idea of selling alcoholic beverages at its restaurants. The 90-year-old company is testing beer and wine sales at a location in Indiana.
Mad Money's Cramer takes a look at the spectacular growth in high-end spirits, with Ken Austin, Tequila Avion CEO.
Shares of Wendy's have been stuck around $5 for 3 years. Discussing recent changes in the company's marketing strategy, with Joscelyn Mackay, Morningstar credit analyst.
Chairman and CEO of Europe's largest brewer, Heineken, Jean-François van Boxmeer, tells CNBC's Christine Tan that a "perfect storm" is brewing in Europe where it is struggling with declining sales as a result of weak consumer sentiment.
Discussing the consumer's greater willingness to purchase something of better quality for a higher price, with John Paul De Joria, Paul Mitchell CEO/Patron Spirits owner.
Retailers of every shape and size are hoping to cash in during this always-important holiday season. Among those hoping to end the year with a bang is the nation’s largest online wine distributor, for whom the holiday season is always crucial period.
From coast to coast, founders say the secret ingredient to brewing up a popular pub is the willingness to take a chance. We highlight what’s brewing at some of the country’s best brewpubs.
Find out what names are in Cramer's "Game Plan."
Cramer explains how stocks were able to close higher Wednesday.
Pepsico stock hit a 52-week low last week, but John Faucher, JP Morgan and Jonathan Feeney, Janney Montgomery Scott discuss whether now is a time to buy shares in the company.