Forget Bud Light, popular beer brand files for bankruptcy

Singapore News News

Forget Bud Light, popular beer brand files for bankruptcy
Singapore Latest News,Singapore Headlines
  • 📰 startelegram
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

It's a dark period for beer drinkers as a number of well-known brewers have struggled or failed.

You would think that the problems facing Bud Light due to the fallout from its marketing deal with transgender social media influencer Dylan Mulvaney would be good for smaller brewers. The once top-selling beer brand in the United States has lost over 25% of its sales and you have to assume that those customers did not stop drinking beer.brand seem to be good for other mass-market beer makers.

"Within the last month, seven breweries and taprooms in Portland have closed or announced their upcoming closure. Rising costs of operation, changes in consumer drinking habits, and the lingering effects of the pandemic have all affected the market," the website reported.Craft brewery files for Chapter 11 bankruptcy protection

The brewery, which shows about a dozen unique beers on its website, posted about the filing on its Facebook page. "The bankruptcy is being filed because while can pay market rent for the brewery space going forward . . . there is no way the can ever repay the amount of back rent the landlord is seeking,” the Chicago TribuneMetropolitan's owners have put on a brave public face, even though their filing makes it clear that the company needs a new owner or a comprehensive restructuring to survive.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

startelegram /  🏆 248. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bud Light announces $3M scholarship pledge to America's fallen or disabled first responders: 'Powerful impact'Bud Light announces $3M scholarship pledge to America's fallen or disabled first responders: 'Powerful impact'Bud Light is committing $3 million in academic scholarships for the families of fallen or disabled first responders in partnership with nonprofit organization Folds of Honor and the NFL.
Read more »

Bud Light announces $3M scholarship pledge to America's fallen or disabled first responders: 'Powerful impact'Bud Light announces $3M scholarship pledge to America's fallen or disabled first responders: 'Powerful impact'Bud Light is committing $3 million in academic scholarships for the families of fallen or disabled first responders in partnership with nonprofit organization Folds of Honor and the NFL.
Read more »

Faster-Than-Light 'Quasiparticles' Touted as Futuristic Light SourceFaster-Than-Light 'Quasiparticles' Touted as Futuristic Light Source“This does not violate any rules or laws of physics.”
Read more »

We forget details when our brain picks the wrong thing to rememberWe forget details when our brain picks the wrong thing to rememberScientists have identified the brain mechanisms behind why we often misremember small details, such as an object's colour or location
Read more »

Jazz stop selling Michael Jordan 'Jumpman' shirt after fans freak outJazz stop selling Michael Jordan 'Jumpman' shirt after fans freak outJazz fans won’t forget the 1997 and ’98 NBA Finals.
Read more »

Scientists propose super-bright light sources powered by quasiparticlesScientists propose super-bright light sources powered by quasiparticlesAn international team of scientists is rethinking the basic principles of radiation physics with the aim of creating super-bright light sources.
Read more »



Render Time: 2025-03-01 11:18:11