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Beer Prices on the Rise; Budweiser Goes Global
In the mood for a brew? Be forewarned, a cold one could cost you. Anheuser-Busch InBev and MillerCoors have both announced plans to hike beer prices.
Tough Times Boosting Budget Beers
Americans may love kicking back with beer, but times are tough. That's why an increasing number of beer drinkers are swapping their microbrews for what are called "subpremium" beers in the beverage industry.
Anheuser-Busch has reported that its brands Busch and Natural Light have seen upticks in sales.
Goodbye, Zima
MillerCoors announced yesterday that production of the malt-liquor beverage Zima has been discontinued.
The product was part of the 1990s clear-drink craze that included Crystal Pepsi and Tab Clear. Zima proclaimed to be "Zomething different" from beer, wine, or hard liquor, but in recent years, the drink — which had been repackaged and reformulated into citrus, tangerine, and pineapple citrus flavors — was outsold by competitor Smirnoff Ice.
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