Consumer

Consumer

Constellation Brands Serves Up Lukewarm Beer Sales

Photo via Richard B. Levine/Newscom

Constellation, which specializes in Mexican brews, has been coping with canned-beer tariffs that started in April.

2 min read

Photo by Todd Van Hoosear via CC BY-SA 2.0

Consumer

Home Depot Acquires Building Products Distributor GMS

Home Depot’s push into the pro market began in earnest last year, when the company dropped $18.5 billion to buy SRS Distribution.

2 min read
Photo by Jetcityimage via iStock

Consumer

Shein, Temu Sales Slide After Losing US Duty-Free Loophole

In May, POTUS scrapped the “de minimis” exemption that allowed Shein and Temu to ship packages worth less than $800 to the US duty-free.

2 min read
Photo via Dave Cullen/EEm/SIPA USA/SportPix/Sipa USA/Newscom

Industries

Carnival Cruises Past Market Expectations in Boon for Shares

The choppy waters predicted for the cruise industry this year were based on the very real risks of trade wars and real wars.

2 min read

Consumer

Starbucks’ China Business May Need a Caffeine Jolt

Photo via Cfoto/ZUMAPRESS/Newscom

In an interview with the Financial Times, Starbucks CEO Brian Niccol said the company is exploring a partial sale of its China business.

2 min read

Industries

Can US Tourism Bounce Back Amid Trade War?

Photo by Fernando Jorge via Unsplash

2025 is projected to be an unusually terrible year for the US travel industry — and only the US travel industry.

2 min read

Consumer

Global Jetsetters Ditch ‘Party in the USA’

Photo by Clément Dellandrea via Unsplash

Travelers are expected to spend $12.5 billion less on trips to the US this year, while the rest of the world is about to see a tourism boost.

2 min read

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