Advertisement
  1. Business

Hard to notice, but Tropicana shrank the size of its orange juice containers

Tropicana Pure Premium Healthy Heart Orange Juice 52 oz. (Pepsico)
Tropicana Pure Premium Healthy Heart Orange Juice 52 oz. (Pepsico)
Published Sep. 4, 2018

You might not be getting as many glasses out of your Tropicana orange juice container these days.

The company is moving from 59-ounce to 52-ounce plastic bottles, a difference of a little less than a cup.

The change is hard to detect. The new containers are the same height and width, but thinner. You can still find the larger containers in some stores but not for much longer.

Tropicana, founded in Bradenton in 1947, said the move affects most of its products that come in the 59-ounce bottle. Competitor Simply Orange made a similar change earlier this year.

MORE BUSINESS: Florida construction projects slowed by lack of enough skilled workers.

Shoppers can be particularly price sensitive when it comes to food items like orange juice. Companies often elect to shrink the size, instead of raising the price. Tropicana appears to have followed that script.

"After recent natural events — including Hurricane Irma — orange crop yields have declined, which had led to increased commodity prices," the company said on its website. "To offset this, we decreased our package size."

Chicago-based PepsiCo bought Tropicana in 1998.

• • •

Tampa's Peerfit raised another $8 million in its latest round of funding.

This time the investors include Boston Celtics co-owner and CEO Wyc Grousbeck. He joins Tampa Bay Lightning owner Jeff Vinik, Outback Steakhouse founder Chris Sullivan and Colliers International Florida executive chairman Lee Arnold, who invested last year.

Peerfit, which has raised more than $23 million, is a digital platform that allows companies and insurance carriers to offer individualized fitness classes to their clients and employees. So far, its studio network is in 46 states.

"We are thrilled to continue to raise funds from individuals and small groups of like-minded successful business people, without going the more traditional (venture capital) route," Peerfit founder and CEO Ed Buckley said in a statement. "The caliber of investors we continue to add to our table speaks to the quality of the product and service we are building."

In 2014, Peerfit was one of seven health care startups in Tampa to participate in the Healthbox startup accelerator, held at the Tampa Bay WaVE facility.

"We are very glad to partner with Ed and his team, and legendary investor and my good friend Jeff Vinik, on their exciting mission to completely redo and improve corporate and individual wellness," Grousbeck said.

• • •

Tech Data's stock woes have continued since the Clearwater company failed to meet earnings expectations Thursday.

The share price closed down nearly 14 percent that day. It fell farther Friday and was down slightly Tuesday, finishing at $72.26. (The market was closed on Labor Day.)

MORE BUSINESS: Meet the new(ish) CEO of Tampa Bay's largest company.

Tech Data, Tampa Bay's largest public company by revenue, buys computer equipment from major suppliers then ships it to IT customers.

The share price has fallen more than 26 percent since the year began.

RELATED: More business news

Contact Graham Brink at gbrink@tampabay.com. Follow @GrahamBrink.

ALSO IN THIS SECTION

  1. More than 44 percent of people who searched on ApartmentList.com for the Tampa Bay area from June to December were outside the region, according to a report from Apartment List. Percentages in the “Top Three Sources” box represent the share of searches coming from outside the metro area. (Apartment List map) [Apartment List]
    The region trails only Denver, Baltimore and San Diego for the percentage of people from outside the area searching for apartments on Apartment List.
  2. To accommodate the swelling numbers of aging baby boomers, experts say we will need to make transportation more readily available, build more affordable housing, modify homes and apartments to help seniors age in place, and create programs to bring young and old people together. [Times (2011)]
    “There’s never been a time like this,” one expert says. Solutions include more health aides, taming long-term care costs and just healthier living.
  3. In this Sept. 20, 2017, file photo Oscar the cat sits in his carry on travel bag after arriving at Phoenix Sky Harbor International Airport in Phoenix. Airlines might soon be able to turn away cats, rabbits and all animals other than dogs that passengers try to bring with them in the cabin. The U.S. Transportation Department on Wednesday, Jan. 22, 2020, announced plans to tighten rules around service animals. The biggest change would be that only dogs could qualify. (Ross D. Franklin | Associated Press] [ROSS D. FRANKLIN  |  AP]
    Soon mainly dogs would be allowed on planes, under plans announced on Wednesday.
  4. The sale of Tampa-based WellCare Health Plans to Centene Corp. is expected to close Thursday, the companies said on Wednesday. [File photo]
    The companies said Wednesday they have satisfied all regulatory approvals, including with the U.S. Department of Justice, for the merger to close.
  5. Power Design has a 22-acre campus in the Gateway area of St. Petersburg. [Rendering courtesy of Power Design]
    In settling the case with the District of Columbia Attorney General’s Office, the electricial contractor company denies that it violated worker classification laws.
  6. Rooker Properties of Atlanta plans to build at least 400,000 square feet of industrial and office space at what is now county-owned  land on Old Pasco Road, Wesley Chapel. Pictured is Rooker's Spartan Ridge Logistics Center, a 273,000-square-foot, Class-A industrial building in Spartanburg, S.C. It was constructed in 2018 and the company said the buildings planned for the Pasco County site will closely resemble this. [Rooker Properties]
    Rick Narkiewicz is seeking tenants for the planned Rooker Properties spec buildings known as North Tampa 75 Business Center.
  7. This home in Colonial Hills neighborhood in west Pasco has been vacant for 10 years, neighbors said. A new Pasco County ordinance would require the owners of vacant and rental residences to register their properties with the Pasco County Sheriff's Office. [C.T. BOWEN  |  Tampa Bay Times]
    A new ordinance is supposed to aid sheriff’s deputies and code-enforcement officers dealing with rental or vacant properties.
  8. Four Tampa Bay businesses made Fortune’s list of “Most Admired Companies” in the world for 2020. Pictured is a Publix location in the Channelside district last year. [OCTAVIO JONES   |   Times (2019)] ["OCTAVIO JONES   |   TIMES"  |  Tampa Bay Times]
    Four Tampa Bay businesses made Fortune’s list of “Most Admired Companies” in the world for 2020.
  9. After a spike last week, gas prices in the Sunshine State are down slightly. Pictured is the Courtney Campbell Causeway in 20098. [Times file] [CLIFFORD, DOUGLAS R.  |  St. Petersburg Times]
    Low demand and higher gas supply are bringing cheaper gas this week, experts said.
  10. Next month the Pirate Water Taxi will debut a 100-passenger vessel and two smaller taxis as part of an expansion of the company's routes and coverage of Tampa's waterfront. (Yacht StarShip) [Yacht StarShip]
    The service, owned by the operator of Yacht StarShip Dining Cruises, is investing $1.6 million in three new vessels and adding a long-desired stop near the Florida Aquarium.
Advertisement
Advertisement
Advertisement