Coca-Cola is seeing shipment delays, and the company also plans to discontinue some of its smaller brands, CEO James Quincey said in an earnings call on Tuesday. In early July, Coca-Cola announced it would suddenly discontinue its longtime Odwalla smoothie brand. The reason for this, Quincey said, is that smaller brands that account for over half of the company's portfolio only generate around 2% of its revenue. As CSNews Online previously reported, Mello Yello relaunched in 2010 with new packaging and an expanded market that included Philadelphia and the Northwest. Arctic Coke Coolers Being Tested in C-stores Nationwide, Convenience Channel Suits Up for the Big Game, Coca-Cola's Leadership Changes Include New Global Ventures Position, Keurig to Acquire Dr Pepper Snapple Group, Coca-Cola to Acquire Minority Ownership Stake in BODYARMOR, With Deeper Investment to Come, Coca-Cola Freestyle “Make Your Mix” Promotion, Coca-Cola Acquiring Global Coffee Brand Costa, 7-Eleven & Coca-Cola Hit the World Stage With 2018 FIFA World Cup Promo, Coca-Cola Seeks to Shake Things Up Through Experimentation. According to the slides for the earnings call, the company has faced a lag in shipments because of a bottling bottleneck during the start of the pandemic. This strategy will help the brand distinguish itself from PepsiCo Inc.’s Mountain Dew, which primarily appeals to younger consumers. All rights reserved. Categories; On Sale. © Copyright 2020. It has now embarked on a television and radio campaign, in addition to sampling at NHRA racing events. Some of the brands that people say they can't find include Pibb X-tra, Fresca, cherry Coke, vanilla Coke, and caffeine-free Coke, among others. However, while Mello Yello moved 43 million cases last year, Mountain Dew moved 628 million cases. While the company has not specified which brands it plans to discontinue, it's possible that other cult favorites may be on the chopping block. Product availability, styles, colors, brands, promotions and prices may vary between stores and online. In early July, Coca-Cola caused a stir when it announced it would discontinue its Odwalla smoothie and juice brand. Sign up for Insider Retail. Join the conversation, get mobile alerts, & learn more about us. "Mountain Dew is one of the strongest and best-marketed brands in the business, and the Coke bottlers need an entry to compete with it," he said. Mello Yello Zero Cans, 12 fl oz, 12 Pack: Mello Yello has a uniquely smooth citrus taste and heritage. 4 Day Sale; Week Long Deals; Select Apparel - Buy 1 Get 1 50% Off; 2 for $3 Select Pringles; Deals on Personal Care; Shop These New Online Products Coca-Cola executive vice president and chief financial officer John Murphy clarified that the company doesn't plan on discontinuing all of its smaller brands, just the ones that are less profitable. "We have not been as assertive enough and direct is enough at weeding out the explorers (brands) that have not worked and are unlikely to work," Murphy said. Dollar General Corporation. as well as other partner offers and accept our, Visit Business Insider's homepage for more stories, How an organic beverage company led by a former Coca-Cola exec landed a prime spot at Chipotle, Trader Joe's says it is renaming international products after an online petition said that names like Trader Ming's and Trader José were racist. 3 spot in the citrus category behind Mountain Dew and Sun Drop, which is marketed by Dr Pepper Snapple Group. The soda, which was dubbed the "World's Fastest Soft Drink," recently went back to its National Hot Rod Association (NHRA) roots, taking over the sponsorship from Coca-Cola's Full Throttle. Subscriber It looked like they were getting rid of them. The biggest stories in fast food, shopping, and more. For the best experience on our site, be sure to turn on Javascript in your browser. Early sell-out possible on special purchase items, and quantities may be otherwise limited. "It's a great opportunity to engage with new fans, but also connect with fans who had tried it before or maybe forgot about it," Al Rondon, senior sports marketing manager at Coca-Cola North American Group, told the magazine. Due to the pandemic, the company is still seeing a 25% decline in operating income. Get great content like this right in your inbox. Going forward, Coca-Cola plans to invest more resources in its strongest brands and phase out its smaller, less profitable brands. For the best experience on our site, be sure to turn on Javascript in your browser. As the pandemic continues to encroach on Coca-Cola's profits, the company is looking for ways to become more profitable — and that means nixing many of its less profitable brands. According to a report by Ad Age, The Coca-Cola Co.'s citrus soda, which launched nationally in 1979, is making a comeback. But if you can't find your favorite Coke drink, that doesn't necessarily mean the company is discontinuing it. I was at Kroger the other day and they had a "Closeout" tag on the Mellow Yellow Zero price tag. A leading-edge research firm focused on digital transformation. The item must be returned in good condition, in original boxes (whenever possible), and with all paperwork, parts and accessories to ensure credit. "There are a lot of folks who may never have tried Mello Yello, especially out west where it's not as developed.". "We believe the best way forward is to full-on target bigger, more scalable brands," Quincey said in the call. The brand's latest marketing campaign includes programs in such outlets as Walmart, Domino's and convenience store retailer Circle K. Coca-Cola is hoping that Mello Yello will attract a more diverse audience today than the teen consumers it targeted in the 1990s, Ad Age reported. JavaScript seems to be disabled in your browser. Text STOP to quit , Standard message and data rates may apply. ATLANTA -- They call it Mello Yello.And you may soon be seeing it on more store shelves. 50% of the company's brands account for 98% of its revenue. By clicking ‘Sign up’, you agree to receive marketing emails from Business Insider We want you to be fully satisfied with every item that you purchase from www.dollargeneral.com. Is Mellow Yellow Zero being discontinued? Not responsible for typographical errors. While Coca-Cola hasn't specified which brands it may discontinue, its possible other cult-favorites are on the chopping block. It's The Original Smooth Citrus Soda. There are two reasons that customers may be having a hard time finding their favorite drink: Coca-Cola has been seeing shipment delays because of the pandemic, and it's discontinuing some of its smaller brands to focus on larger brands.

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