With its stock price closing for the last time at $0.29 a share, Seattle-based Jones Soda will be delisted from the NASDAQ Stock Market today. Candy corn, jelly donut, and 22 other flavors were added to the Jones Soda collection. Then, Jones Soda went flat. “We lost our edge,” says Jennifer Cue, CEO of Jones Soda.
Who bought Jones Soda?
SOL Global Investments
How many Jones Sodas are there?
Jones Soda is a Seattle (Washington, USA) based popular premium carbonated soft drink, known for its unusual flavors and labels. Currently, 64 flavors have been sold.
What soda was discontinued?
This list features the world's best discontinued soda brands including Orbitz, Crystal Pepsi, Josta, Jolt, Vault, Apple Slice, Coca Cola Black Cherry Vanilla, Life Savers, Snapple Tru Root Beer, Pepsi Blue, and OK Soda.
What ever happened to Jones Soda?
Jones Soda announced an $11.6 million loss in 2007, and after losing an additional $15 million in 2008, the company was forced to downsize 40% of its workforce. Though Jones Soda had five different CEOs between 2007 and 2016, the company still failed to have a single profitable year during that time period.Nov 8, 2021
What happened Jones drink?
The sudden fall of Jones Soda's revenues at that time was attributed to two factors: its failed attempt to expand into canned-soda against competitors like Coca-Cola and Pepsi, and the Great Recession of 2007-2008 that only left few businesses untouched.Nov 8, 2021
What was were the reason s for Jones Soda's failure explain your answer?
The sudden turn was attributed to two factors: first, the “Great Recession” of 2007-2008 that left few businesses untouched and, second, a failed attempt to expand into canned-soda against competitors like Coca-Cola and Pepsi.
What strategy is Jones Soda using?
To attract customer attention, Jones Soda utilizes an “alternative distribution strategy,” selling soft drinks in venues such as clothing and music stores, tattoo and piercing parlors, sports equipment shops, and con- venience and food stores.
Is Jones Soda made in Michigan?
SEATTLE -- Jones Soda Co., a leading premium beverage company known for its flavors and customer-designed packaging, has launched Michigan-themed Jones Soda, bottled and sold exclusively in the Great Lakes State.
What state is Jones Soda from?
Jones Soda Co. is a beverage company based in Seattle, WA. It bottles and distributes soft drinks, non-carbonated beverages, energy drinks, and candy.
What soda is only made in Michigan?
Jones Soda Co. announces the launch of its Michigan-themed Jones Soda, bottled and sold exclusively in the great state of Michigan.
When was Jones Soda invented?
Who makes Jones Soda?
Type Public (OTN:JSDA)
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Founder Peter Van Stolk
Headquarters SODO area of Seattle, WA., Seattle, WA , USA
Area served U.S and Canada.
Key people Mark Murray