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The investment continues a run of dealmaking for the spirits giant as it looks to appeal to the next generation of drinkers.
The brand, owned by PepsiCo and Unilever in a partnership, is releasing its first sparkling drink designed for balanced energy instead of extreme performance.
The peanut spread being manufactured at an Illinois facility is the brand’s first new flavor in its 62-year history.
The trade organization FMI —The Food Industry Association and Nielsen IQ increased their e-commerce sales projections for the next few years as omnichannel shopping grows.
The discounter said the decision builds on its previous bans and caters to consumers’ desire for products with simpler ingredients.