Tag Archives: Coca Cola

NYC’s mayor wants to ban super-sized sodas at restaurants

7 Jun

 

Buy American Sodas like Coca Cola Cherry online at Moo-Lolly-Bar AustraliaHe’s been on a crusade to fight obesity for a while now, but New York City Mayor Michael Bloomberg’s current proposal has caused a bit of an uproar.

The latest idea he is championing is an unprecedented ban on ‘supersized servings’ of sodas and other sugary drinks at restaurants, delis, sports arenas and movie theatres. Instead this pioneering piece of legislation, should it go through, would limit the serving size of bottled sugary drinks, as well as soda fountains sold in New York to 16 ounces. A serving that is considered small at many fast-food joints.

Whilst some health officials have welcomed the proposal, others have strongly rejected it. Not least The New York City Beverage Association which has accused city officials of trying to create a ‘nanny state’ as well as denying New Yorkers of the right to decide for themselves. The soft drink giant Coca Cola also registered their disapproval by saying:

‘The people of New York City are much smarter than the New York City Health Department believes….New Yorkers expect and deserve better than this. They can make their own choices about the beverages they purchase’.

Bloomberg however refutes this by saying people would still be free to order as many soft drinks as they like. He also firmly believes restricting servings to 16 ounces each could help curb consumption, arguing that:

‘You tend to eat all of the food in the container. If it’s bigger, you eat more. If somebody put a smaller glass or plate or bowl in front of you, you would eat less’.

The ban, which could come in to effect as soon as March 2013, would only apply to sweetened drinks over 16 ounces that contain more than 25 calories per 8 ounces. It is not expected to affect diet soda or any drink that’s at least 70% juice, or at least half milk or milk substitute. It would also not apply to sodas sold in outlets like supermarkets or convenience stores. Businesses who do not comply would face fines of approximately $200 per failed inspection.

Bloomberg estimated that obesity-related illnesses in New York City costs the taxpayer around $4 billion a year. In confirming the proposal, he cited research linking sugary drinks to rising rates of obesity, diabetes and heart disease.

‘The percentage of the population that is obese is skyrocketing’. Bloomberg said Thursday on MSNBC.

‘We’ve got to do something’.

 

What is your take on the proposal? Are you for or against it? Let us know by posting a comment.

 

Article posted by Spencer Samaroo, Managing Director, Moo-Lolly-Bar

 

Buy Bulk American Chocolate online at Moo-Lolly-Bar Australia

 

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With $4b investment, Coca-Cola aims for growth in China

27 Aug

Fanta Strawberry. Available to buy online in Australia from Moo-Lolly-Bar. To go there just click on this link!Coca-Cola Co. and its Chinese bottling partners will invest $4 billion in the world’s fastest growing economy over three years from 2012 amid plans to build more factories and win market share from rival PepsiCo Inc.

The money will help build bottling plants, fund distribution and develop new cold drinks for the maker of Fanta, Nestea, and Glaceau Vitaminwater, Coca-Cola spokeswoman Zhao Yanghong said yesterday.

The world’s largest soft-drink maker is investing to focus more on “one of our most important growth markets in the world,’’ Chief Executive Muhtar Kent said in a statement yesterday.

China sales for Atlanta-based Coca-Cola topped 1 billion unit cases in the six months through June, double the rate of 2005, when it sold that amount for the whole year, the statement said.

“China is a real important market for them,’’ Ben Cavender, an analyst at China Market Research, said. “In order to stay ahead of Pepsi, they need to keep investing as the competitor is investing a lot of money in the market as well.’’

Coca-Cola said in June it was in talks with China’s government to sell shares in Shanghai.

The company posted worldwide volume growth of 6 percent in the second quarter, and aims to double system revenue by 2020.

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The company, whose Sprite brand is China’s top-selling soft drink, will open plants in the northern cities of Yingkou and Shijiazhuang, the statement said.

Coca-Cola has 40 plants in China employing more than 48,000 people and about 7 percent of sales volume is made in the country, it said.

The maker of Minute Maid juice will have invested $7 billion in China between 2009 and 2014 with its two Chinese bottling partners, according to the statement.

PepsiCo in May last year said it planned to invest $2.5 billion in China over a three-year period. It had in 2008 announced the company would spend $1 billion through 2010 in the world’s most-populous nation.

Coca-Cola is the dominant soda maker in China with 61.5 percent of the market last year, followed by Pepsi in second place at 29 percent, according to London-based researcher Euromonitor International.

Article posted by Spencer Samaroo, Managing Director, Moo-Lolly-Bar
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Source and Photo: Boston.Com

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