While the actual decline is relatively small, even a slight drop in overall liquor sales can have a devastating impact on the industry. “Active U.S. craft distillers dropped from 3,069 in August 2024 to 2,282 in August 2025. Seven hundred and eighty-seven fewer operations in a single year,” according to The American Craft Spirits Association.
Jim Cramer picked Coca-Cola (KO) over Celsius Holdings (CELH) on live television. During the August 20, 2026 Lightning Round on CNBC’s Mad Money, a caller asked him about Celsius. He answered without hesitation, saying he’d rather own Coca-Cola and calling it the clear winner. The comment comes as Celsius stock is rallying. Shares are up
Spectrum, which is owned by Charter Communications, is rolling out a free offer to internet customers as it struggles to retain them amid tougher broadband competition. The company revealed in its latest earnings report that it lost 172,000 internet customers in the second quarter of this year. Amid this trend, its internet revenue also declined
After years of expansion, one of the world’s most recognizable luxury brands is closing stores and exiting an entire market, as it takes a more selective approach to its retail footprint. The move comes as luxury companies rethink their store networks amid changing consumer behavior, economic uncertainty, and a greater emphasis on high-performing locations and
Comcast has attached a new service to its Xfinity internet plans as it faces mounting customer losses. The company revealed in its most recent earnings report that it lost 167,000 U.S. broadband customers in the second quarter of this year. Also, its revenue in this segment dropped by 5.5% year over year. The exodus of
Costco is known as the place to go when you want bulk paper towels, produce, and snacks at a reasonable price. But anyone who pays for a Costco membership knows that the company offers a lot more than just giant packages of household goods and food staples. The warehouse club has steadily built a much
Menswear retailers have been recovering over the last six years since the Covid-19 pandemic, led by Men’s Wearhouse and Jos. A. Bank owner Tailored Brands, which plans to open 20 stores by the end of 2026 and another 30 in 2027. Tailored Brands had closed over 400 stores when it filed for Chapter 11 bankruptcy
A familiar fashion name is quietly reshaping its retail footprint, with another store now shutting its doors permanently. The latest closure comes as the company reassesses how its stores fit into a changing retail landscape, making the shutdown part of a larger story that extends well beyond a single location. Founded in 1967 as a
When Target and Ulta Beauty decided to end their five-year partnership, the department store put out a terse statement about the impending divorce. “Ulta Beauty and Target Corporation announced that they have mutually agreed not to renew the Ulta Beauty at Target shop-in-shop partnership when the current agreement concludes in August 2026. Until then, the
The chicken dining sector is a challenge for smaller restaurant chains that compete with popular fast-food establishments such as Chick-fil-A, Raising Cane’s, and Popeyes. The public’s awareness of these chains, which is supported by national advertising, is a major obstacle local and regional chains face in generating sufficient traffic to their stores. Chicken wings dining