Molson Coors issues cautious outlook, focuses on controlling costs
Molson Coors will work to cut costs and lure consumers with promotional packages during the rest of this year, as forecasting sales trends remains difficult, Reuters is reporting.
Molson Coors, jointly headquartered in Denver and Montreal, makes Coors Light and a variety of…
MillerCoors CEO says “we are writing beer history”
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Crain’s Chicago Business has a fascinating profile of Leo Kiely, the feisty chief executive of Chicago-based MillerCoors. Kiely has an extremely interesting job: taking on Anheuser-Busch in the U.S.
Reporter…
MillerCoors, one year later: Cost savings on track, market share hanging steady
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One year after the joint venture between SABMiller and Molson Coors shook the beer-making world, the merger has achieved efficiencies that have surpassed goals set by company leaders, the Denver Business Journal reports.
The joint venture, which became official…
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Coors Light vs. Bud Light: My media strategy can beat up your media strategy!
MillerCoors hires new vice president of Coors brands
MillerCoors, the Chicago-based competitor to Anheuser-Busch, has hired a soft drink executive to lead the company’s Coors Light and Coors Banquet brands. (Hat tip to the Milwaukee Journal Sentinel, story here.)
Rick Gomez most recently worked at PepsiCo as vice president of marketing waters,…
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U.S. brewers tangle in a tough year; It’s a rain forest out there, people!
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The U.S. beer business is getting tougher. In industry parlance, the “pie” does not seem to be growing. Sales are lackluster, and industry types are wondering if this will lead to more intense competition as mega-brewers…
In a soft market, MillerCoors won Memorial Day, Anheuser-Busch lost
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The beer business did not exactly set the world ablaze this Memorial Day, the year’s first key holiday period for brewers. Overall, beer sales were down seven tenths of a percentage point in food, drug…
Recession challenges U.S. beer industry
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What is the recession doing to the U.S. beer industry? A study released recently by Morgan Stanley analysts Michael Steib and Eveline Varin attempts to sum up the shakeout. The 26-page report was based on an April survey…
U.S. beer industry’s growth to slow, says MillerCoors
MillerCoors, the second-largest brewer in the U.S. behind Anheuser-Busch, said the economic slump will probably slow the growth of the U.S. beer industry, but less dramatically than wine and spirits.
The brewer of Miller Lite and Coors Light expects the annual growth rate…
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