WASHINGTON, April 22, 2015 /PRNewswire-USNewswire/ -- Following is the daily "Profile America" feature from the U.S. Census Bureau:
A TASTE NEGATION
Profile America — Wednesday, April 22nd. On this date 30 years ago, executives at one of America's and the world's most famous consumer brands were confidently looking forward to the morrow. After much research, experimentation and extensive taste testing, a reformulated Coca-Cola was launched on April 23, 1985. The historic company was surprised by the negative, noisy consumer reaction, and New Coke became something of a synonym for product failure. The original Coca-Cola, designated as "Classic," was rushed back to retailers by July 11 that year. New Coke staggered on for a time alongside "the Real Thing," but is no longer available in the U.S. More than 250 American companies engage in soft drink manufacturing, employing 49,000 people in the $37 billion a year business. You can find more facts about America from the U.S. Census Bureau online at www.census.gov.
New Coke story: http://www.coca-colacompany.com/history/the-real-story-of-new-coke
Brand image: http://www.forbes.com/companies/coca-cola/
Recent market share: http://www.statista.com/statistics/225464/market-share-of-leading-soft-drink-companies-in-the-us-since-2004/
Soft drink manufacturers and receipts/NAICS 312111: http://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=ASM_2013_31VS101&prodType=table
Employees/NAICS 312111: http://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?pid=ECN_2012_US_31I1&prodType=table
Profile America is produced by the Center for New Media and Promotions of the U.S. Census Bureau. These daily features are available as produced segments, ready to air, on the Internet at http://www.census.gov (look for "Multimedia Gallery" by the "Newsroom" button).
SOURCE U.S. Census Bureau