Bud Light’s sales slump deepened mid-August amid ongoing fallout from the brand’s engagement with transgender influencer Dylan Mulvaney, who recently hinted at the controversy during an awards show.
Sales volumes of Bud Light at off-premise locations like grocery stores fell by 20.1 percent so far this year through Aug. 19 compared to the same period last year, according to Nielsen IQ sales data via Bump Williams Consulting.
Progressive insurance has been sued for ‘patently unlawful’ racism by offering $25,000 grants to help black-owned businesses buy vehicles — but barring white, Asian, Latino, and other entrepreneurs from applying.
The lawsuit was filed by the conservative group America First Legal (AFL) and others on behalf of Nathan Roberts, the owner of Ohio-based Freedom Truck Dispatch, who couldn’t apply because he’s white.
Progressive, which is known for its quirky adverts, did not answer DailyMail.com’s requests for comment. They have said the grants were there to help black-owned firms that have historically struggled to access capital.
Target reported Wednesday that it was lowering its sales and profit expectations for the rest of the year, with the company having faced conservative backlash earlier in the quarter over the release of LGBT products for kids, according to Target’s second quarter earnings report.
The Wall Street Journal reported Thursday that “Bud Light sales might never fully regain the ground they have lost to competitors” as stores clear their shelves to make room for other brands.
Bud Light sparked a firestorm of controversy in April after it collaborated with transgender influencer Dylan Mulvaney. Since then the beer has suffered a nearly 30% loss in sales compared to the year before. On Thursday, Anheuser-Busch InBev also announced that it would be laying off hundreds of workers.
The world’s largest brewer said Thursday that sales to US retailers plunged 14 percent, adding that they had been ‘underperforming the industry.’ This was a direct result of the tie-in with Mulvaney.
For the second quarter of 2022, Anheuser Busch sold $2.73 billion worth of beer to retailers. But for the second quarter of 2023, sales dropped to $2.35 billion – a slump of $390 million in a year.
Bud Light popularity has been dropping since brewer Anheuser-Busch teamed up with Mulvaney, 26, and gave her a personalized can.
Bud Light has become so unpopular at a Buffalo, NY, bar that it was completely removed as the Dylan Mulvaney fiasco continues to haunt the Anheuser-Busch brand.
Daniel M. Keem, a YouTube personality and podcaster, posted video on social media showing his local bar doing away with the brand that has long held the title of the nation’s most popular beer.
Anheuser-Busch is set to lay off hundreds of employees in the wake of the brand’s disastrous Dylan Mulvaney partnership that saw Bud Light – once America’s favorite brew – lose its title as top-selling beer to Modelo.
The company announced its decision to lay off about 2 percent of its US workforce in a statement released by Anheuser-Busch CEO Brendan Whitworth Wednesday.
There are around 19,000 people employed by the company in the US, meaning approximately 380 staff are set to lose their jobs.
Disney CEO Bob Iger hinted this month that he might sell some of the company’s cable channels on the heels of thousands of layoffs across the business’s empire. Its stock has fallen by more than half in the past two years, and its streaming service is losing billions of dollars annually.
There’s no question that streaming has disrupted the economics of the TV and film industries, but Disney’s forthcoming live-action remake of the 1937 animated classic “Snow White” illustrates another business problem: Disney has elevated progressive pieties over originality and tradition, which may be alienating its customer base.
… Chris Dimattia, the owner of Recovery Room Tavern, a quintessential alehouse in Charleston, SC, told Union that he used to sell 10 cases of Bud Light each week.
Lately, he sells anywhere from one to three cases of the boycott brew, he told the platform, making a 70% to 90% drop in sales.
Bud Light critics are flocking to slam the beleaguered beer brand with abuse as it resumes regular posting following a hiatus amid the Dylan Mulvaney fallout.
The beer label has been struggling since its April partnership with the 26-year-old transgender influencer sparked a decline in sales, costing its parent company Anheuser-Busch around $22 billion in market cap to date.
Bud Light’s social media teams retreated into the shadows in mid-April following the backlash and the beer giant disavowed the disastrous campaign.
Bud Light sales suffered a major decline over the July 4th holiday weekend as the boycott against the brand continues, industry data shows.
Bud Light sales plunged by 23.6% in the one week period ending July 8th compared to 2022 levels, according to Nielsen IQ dollar sales data provided to the Daily Caller by Bump Williams Consulting. In the four week period ending July 8th, Bud Light sales dropped by 27.1% as the consumer boycott against Bud Light continues.
It’s the logo that Costco shoppers dread: when the “Death Star” appears next to their favorite item, indicating that the discount retail giant won’t restock once current inventory has sold out. Just this year, the Death Star has appeared on Filthy brand blue cheese olives, Kinder’s organic toasted onion dip mix, and Jonny Pops chocolate dipped strawberry pops.
Racial equity activists are outraged after several large companies dropped their diversity, equity, and inclusion consultants in response to conservative backlash and criticism.
The outrage was documented in a report from the Los Angeles Times that noted the exits of DEI experts at Disney, Netflix, the Academy of Motion Picture Arts and Sciences, and Warner Bros. Discovery.
“I wake up every day trying not to be a cynic, but this is frightening,” said Vic Bulluck of the NAACP Hollywood bureau. “Hollywood seems to be sending a message that these programs that were designed to give more access to African Americans are no longer needed.”
Bob Iger, CEO of the embattled and disgraced Walt Disney Co., was caught lying with the provably false claim his company is not sexualizing children.
I’ve been reading up on the Bud Light “boycott,” an event that strikes me as being of momentous significance because as far as I can tell it’s not quite strictly a boycott. Rightly or wrongly, that’s a word I associate with organized efforts led by an identifiable political tendency. If you just do something that makes zillions of your customers quite spontaneously go “Nah,” can you claim to be the victim of a boycott?
