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World Enterprises welcomes O.N.E. water with eco-friendly packaging

BY Anna Mcgrath

LOS ANGELES O.N.E. World Enterprises, a beverage company committed to creating healthy drinks, is going green with its new O.N.E. Water, a sustainable alternative to plastic bottled water.

The decision to launch its new eco-friendly bottle was made in conjunction with growing concerns over the health risks of bisphenol A leaking from plastic as well as the staggering number of plastic bottles in landfills.

O.N.E. Water is 100% pure, natural spring water packaged in BPA-free Tetra Pak cartons, which are made primarily from paper and are recyclable.

“We pride ourselves on being a socially and environmentally responsible company, and are extremely proud to offer consumers an alternative to plastic bottled water,” said Rodrigo Veloso, founder and CEO of O.N.E. “We also feel passionately that giving back to the community is a necessary, important part of building a successful business and we are thrilled to have that opportunity with O.N.E. Water.”

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Pepsi Bottling Group reports surge in profit during Q2

BY Anna Mcgrath

SOMERS, N.Y. The Pepsi Bottling Group reported a net income spike of 21%, compared with the year-ago period.

Despite a difficult economy, PBG reported second-quarter earnings of $211 million, or 96 cents per share. Its net income during second quarter 2008 was $174 million, or 78 cents per diluted share.

“PBG delivered a strong set of results during the second quarter. Our ability to execute an effective global pricing strategy, achieve robust cost and productivity savings and deliver solid execution at the point of sale has fueled our success through the first half of 2009. We’re also benefiting from improved carbonated soft drink trends in the United States, as well as encouraging developments in the commodity and foreign currency markets,” said PBG chairman and CEO Eric Foss.

“As we look towards the future, we continue to focus on our three strategic priorities for growth,” Foss continued. “We’ll strengthen and reposition our brand portfolio, transform our performance through operational excellence and pursue geographic growth opportunities. We believe that our work in these three areas will unlock significant new growth opportunities and position us well for long-term success.” Last month, PBG, the largest bottler of PepsiCo beverages, raised its financial outlook for its second quarter and full-year forecast.

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Just Born to open retail store for Peeps

BY Allison Cerra

BETHLEHEM, Pa. Just Born will open its first retail store for one of its candies.

Peeps, marshmallow candies in chick and bunny shapes, will have their own store, Peeps & Company in National Harbor, Md. In addition to its great tasting candy, the store will offer an array of such high-quality branded items as apparel, gear, china and toys within a fun, branded retail location.

Peeps & Company is slated to open this fall.

In a joint statement, David Shaffer and Ross Born, co-CEOs of Just Born, said, “This is a momentous occasion for Just Born, our family of associates and fans of our candy. For years, we have seen tremendous growth and excitement in our brands, and received many requests for a store in just the right location. In an extensive search, assisted by Cooper Retail Consulting, we selected National Harbor, which promises to meet all of our needs.”

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