Beverages

P&G announces A.G. Lafley's retirement after 32 years, elects new chairman and new board member; Diageo appoints new president, chief marketing and innovation officer; and Kellogg Company promotes candidate to new CFO.

PepsiCo will be entitled to manufacture and distribute Dr Pepper and certain other DPS products in the territories where they are currently distributed by PBG and PAS.

The Peet's Coffee & Tea merger agreement has been terminated.

Green Mountain Coffee Roasters confirms approximately $290 million offer for Diedrich Coffee, after Peet's Coffee enhanced offer earlier this week.

Constellation expects that proceeds from the sale will be used to reduce its borrowings.

Sunny Delight implements Datalliance VMI service expected to lead to more efficiency overall and lower total cost.

The global brand marketing and business development executive from Coca-Cola will now drive the brewer's international growth strategy.

What will be the breakthrough new products of next year? Experts reveal seven predictions for the global consumer packaged goods market in 2010, saying next year's new products will recreate the familiar.