CEOs are increasingly using the word “choiceful” to describe consumer spending behavior and their company strategy. In 2023, the term “choiceful” has appeared in 15 quarterly earnings calls for S&P 500 companies, a significant increase from just two mentions in 2021, based on a CNBC analysis of FactSet transcripts. CEOs of major companies like Walmart …
Tilray Brands, a major cannabis company, is expanding its presence in the alcoholic and cannabis beverages market by acquiring brands from Molson Coors and Anheuser-Busch. This strategic move comes as legal restrictions continue to hinder the marijuana industry. On Friday, Tilray announced its acquisition of the remaining 57.5% equity ownership of cannabis-infused drinks maker Truss …
The Rivian brand is proudly displayed on their cutting-edge electric SUVs in San Diego, U.S., December 16, 2022. Mike Blake | Reuters Discover the intriguing stories of these standout companies during midday trading. Toyota Motor — Shares soar by 1.7%, hitting a new 52-week high, following the report of impressive revenue results in the first …
At the opening party for Alo Miami in Miami on December 16, 2021, a talented bartender showcased their creativity by crafting specialty cocktails using Casamigos. This event symbolizes the spirits industry’s triumph over economic challenges and its ability to adapt to changing consumer preferences, as it gradually overtakes the dominance of beer. According to the …