Premium-priced Corona and Modelo beers are darn near recession resistant, contends Constellation Brands CEO Bill Newlands. “Consumer demand has been very strong,” Newlands said on Yahoo Finance Live. “We have the benefit in this industry in this category of being somewhat recession resistant And we have seen no slowdown at a consumer level of purchasing against our brands.” To Newlands’ point, Constellation’s beer business — led by brands Corona, Modelo and Pacifico — outshined its wine… Source link
Read More »COVID boosters are the secret to getting back to normal. Why are Americans so resistant to them?
WASHINGTON — On Tuesday, Denmark lifted all of its remaining coronavirus restrictions — a moment that millions of Americans have been longing for, especially as the Omicron wave that began in December appears to be subsiding. Recent polling indicates that pandemic fatigue is rising among ordinary Americans, a trend that elected officials have noticed. “We need to move away from the pandemic,” Gov. Asa Hutchinson of Arkansas said on Monday, after he and other governors met with… Source link
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