Retailers are reportedly planning to stock less Bud Light on shelves to make room for less controversial brands as the beer continues to be tainted in the public eye.
'Fox & Friends' co-hosts discuss how the backlash to Bud Light has been of benefit to other beer companies.
The Wall Street Journal noted that as Bud Light sales continue"cratering," the"biggest beneficiary of Bud Light’s woes" is rival company"There are reasons to believe that Bud Light sales might be permanently impaired.
Washington Post journalist Megan McArdle responded to The Journal’s report,"I remain shocked by the durability of the effects of the conservative boycott on Bud Light. WSJ reports that retailers are now reallocating shelf space to other brands, which will help lock in the decline." "Consumers have made a choice," the executive told The Post."They have left [Bud Light] and that’s how it’s going to be. I don’t envision a big percentage of them coming back."
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Coors Light brewer benefits from Bud Light's turmoil | CNN BusinessBud Light’s decline is benefiting one of its biggest rivals.
Baca lebih lajut »
Coors Light, Miller Lite combined sales now '50% bigger than Bud Light': Molson Coors CEOMolson Coors beer brands are swallowing Bud Light’s market share in the wake of Bud's Dylan Mulvaney marketing campaign. Molson Coors reported second-quarter earnings Tuesday.
Baca lebih lajut »
Bud Light Distributers Give Up Trying to Win Back Customers, Cut 360 JobsAnheuser-Busch announced Wednesday it has laid off almost two percent of its U.S. workforce, eliminating 360 jobs, according to the Hill.
Baca lebih lajut »
Bud Light’s Struggles Cast a Shadow Over Its Sunny Summer Ad CampaignBud Light has continued losing ground with consumers during a busy season for the beer industry even as the brand runs its biggest ever summer advertising campaign.
Baca lebih lajut »
Bud Light Sales Still Declining Even As National TV Ads Triple In Summer – ReportThe company behind Bud Light is not holding back in its efforts to dig out of the hole it created by angering customers of its brand. But despite Anheuser-Busch mounting the biggest Bud Light summe…
Baca lebih lajut »
AB InBev keeps forecast as China offsets US Bud Light impactAnheuser-Busch InBev reported higher-than-expected second-quarter earnings and held its 2023 forecast on Thursday as a post-COVID-19 recovery in China and strength elsewhere offset the impact of a backlash against Bud Light in the United States.
Baca lebih lajut »