#Retail store closures break record amid COVID-19 crisis

#Retail store closures break record amid COVID-19 crisis

“#Retail store closures break record amid COVID-19 crisis” American retailers have closed a record number of stores for good this year as the coronavirus pandemic upended the industry, a new report says. Chains including Starbucks, Macy’s and Office Depot have announced plans to shutter 10,226 stores so far in 2020 — a number that already…

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#Coca-Cola enters alcoholic drinks market with Molson Coors

#Coca-Cola enters alcoholic drinks market with Molson Coors

“#Coca-Cola enters alcoholic drinks market with Molson Coors” There will be more than just fizz when Coca-Cola launches the alcoholic version of its Topo Chico sparkling water along with beer giant Molson Coors Beverage in the United States. It will be the beverage giant’s first alcoholic drink in the country. The launch, planned for next…

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#LVMH sues Tiffany to get out of  billion takeover deal

#LVMH sues Tiffany to get out of $16 billion takeover deal

“#LVMH sues Tiffany to get out of $16 billion takeover deal” Louis Vuitton owner LVMH is escalating its efforts to wiggle out of a $16 billion takeover of Tiffany & Co. with a new lawsuit blasting the jeweler’s business prospects as “dismal” thanks to the coronavirus pandemic. The luxury conglomerate led by French billionaire Bernard…

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#Elon Musk says he won’t take coronavirus vaccine

#Elon Musk says he won’t take coronavirus vaccine

“#Elon Musk says he won’t take coronavirus vaccine” SpaceX founder Elon Musk stirred the pot yet again after claiming that neither he nor his family would take a COVID-19 vaccine even if it was readily available. The 49-year-old billionaire dropped the bombshell during a Monday appearance on the New York Times opinion podcast “Sway.” “I’m…

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