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Top related persons:
Don Vultaggio - 4 — - 2 Vultaggio - 2 they're - 1 Joseph Lewis - 1 Marvin Ellison - 1 Oppenheimer - 1 John David Rainey - 1
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Arizona AriZona San Francisco Philadelphia New York , AriZona Hawthorne , California Target
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Search resuls for: "Don Vultaggio"


6 mentions found


☆ People aren't spending like they used to and it's forcing companies like Nike and Walgreens to make drastic changes
  + stars: | 2024-06-29 | by ( Dominick Reuter | ) www.businessinsider.com   time to read: +4 min
You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. People are still spending money, but there's an uncomfortable awareness that years of price hikes mean each dollar doesn't go as far as it used to. "This consumer remains very cautious, specifically when you think about larger ticket discretionary purchases," he told Oppenheimer analysts Wednesday. "Why have people who are having a hard time paying their rent have to pay more for our drink?"
Persons: —, they're, Joseph Lewis, Marvin Ellison, Oppenheimer, John David Rainey, Federal Reserve Banks, San Francisco Fed, Don Vultaggio Organizations: Service, Business, Bloomberg, Nike, Walgreens, Walmart, Federal Reserve, San Francisco, Philadelphia Fed, Iced Tea Locations: San Francisco, Philadelphia
☆ Arizona Iced Tea founder explains why he's bucked the inflation trend and never raised its iconic 99-cent price in 32 years
  + stars: | 2024-06-27 | by ( Kelsey Vlamis | ) www.businessinsider.com   time to read: +1 min
The iconic 23-ounce cans of Arizona Iced Tea still sell for 99 cents after 32 years. Arizona founder Don Vultaggio told Today he doesn't want to raise prices on consumers. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDon Vultaggio, the cofounder and CEO of the company behind Arizona Iced Tea, still sells his product for the same price as when it launched 32 years ago — 99 cents. Arizona's signature big cans of iced tea were a quick success, and Vultaggio still runs the company to this day with the help of his sons.
Persons: Don Vultaggio, —, Vultaggio Organizations: Arizona Iced, Service, Arizona, Business Locations: Arizona, New York
☆ Why AriZona Iced Tea CEO won't raise 99-cent price: 'It's my little way of giving back'
  + stars: | 2024-06-27 | by ( Nicolas Vega | ) www.cnbc.com   time to read: +2 min
AriZona Iced Tea first put its iconic 99-cent cans in stores in 1992. the brand's chairman and founder Don Vultaggio said in a recent interview with Today. And while Arizona has expanded into selling merch and alcoholic beverages, it is still focused on selling as many 99-cent cans as it can. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Don Vultaggio, Forbes, Vultaggio, doesn't Organizations: CNBC, Coke, Pepsi Locations: AriZona, , AriZona, Arizona
☆ It's not just the Costco $1.50 hot dog combo—4 products that have beaten inflation
  + stars: | 2023-06-02 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com   time to read: +3 min
Customers wait in line to order below signage for the Costco Kirkland Signature $1.50 hot dog and soda combo in Hawthorne, California. Hot Wheels' $1 toy carHot Wheels toy cars have been able to hover around $1 since their inception. In fact, when you account for inflation, it's cheaper to buy a new Hot Wheels car today than it was 55 years ago. Today, you can buy a single Hot Wheels car from Target for just $1.29. Costco's $1.50 hot dog and soda comboNot many companies pledge to never raise the price of an item, which is part of why the famous Costco $1.50 hot dog and soda combo gets so many headlines — especially when inflation is running rampant.
Persons: Don Vultaggio, Jim Sinegal, Craig Jelinek, Jelinek's, Jelinek Organizations: Costco, CNBC, Hershey, Walmart Locations: Hawthorne , California, AriZona, Target
☆ AriZona Iced Tea CEO vows to keep the 99-cent price tag 'for as long as we can'
  + stars: | 2022-10-13 | by ( Cheyenne Devon | ) www.cnbc.com   time to read: +2 min
Although inflation remains near its highest point in over 40 years, one grocery-store staple has maintained its 99-cent price tag: AriZona Iced Tea. "For as long as we can, we're going to hold our price," he says. One way the family-owned company is able to maintain its low price point is by not trying to duplicate how other larger beverage companies operate. Another way AriZona aims to beat rising manufacturing costs is by increasing the number of products sold at its low price point. The company focuses on increasing its sales volume to avoid passing on a price hike to consumers, Vultaggio says.
☆ The surprising backstory of AriZona Iced Tea’s name
  + stars: | 2022-08-27 | by ( Jordan Valinsky | ) edition.cnn.com   time to read: +4 min
So he settled on “Santa Fe” for the name of the drink. “Having a name associated with a lifestyle, which is an environment and climate that made you want to grab a refreshing iced tea. That’s why the name seemed to make sense to me.”AriZona was almost called Santa Fe. The “Snapple Lady” commercials turned the juice and iced tea company into a huge success, as sales boomed throughout the 90s. Having had his own success with a malt liquor business, Vultaggio and his partners pivoted to selling iced tea in the same-sized 23-ounce cans as their malt liquor.
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