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Stock impact report

98-year-old beer store chain has closed nearly 100 locations so far [Yahoo! Finance]

Molson Coors Beverage Company Class B (TAP) 
Last molson coors beverage company class b earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.molsoncoors.com/overview/default.aspx
Company Research Source: Yahoo! Finance
closing dozens of locations, becoming yet another casualty of shifting consumer habits and an increasingly competitive retail market. As the market continues to evolve rapidly, even historic brands are struggling to adapt. The nearly 100-year-old retailer now faces an uncertain future, signaling the possible end of a long-standing legacy. Founded in 1927, The Beer Store is a Canadian chain that has grown to become Ontario's largest beer retailer, with over 300 locations across the province. Owned by industry giants such as Molson Coors (TAP), Sleeman Breweries, and Labatt Brewing Company, it has long been a fixture of Ontario's alcohol retail system. The Beer Store is closing seven more locations The Beer Store revealed via an announcement on its website that it will be closing seven stores across Ontario on November 16, citing a changing marketplace and the expansion of alcohol sales into grocery and convenience stores as key drivers of increased competition. "Selling beer Show less Read more
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