2 chapters across the catalog
Coca-Cola announced the elimination of 2,200 jobs and the retirement of half its brand portfolio, including Tab soda, Odwalla, and Zico coconut water. The restructuring follows a significant decline in sales due to the closure of restaurants and sporting venues during the pandemic. There is speculation that even major brands like Dasani water could face changes as the company focuses on its most profitable products.
Global Hoarding Patterns and Beyond Meat Sales Slump
Retail data shows that while meat and water are being cleared from shelves, consumers are largely avoiding "Beyond Meat" products and Dasani bottled water. In one high-profile case, a man was blocked from eBay for attempting to price-gouge 17,000 bottles of hand sanitizer. Observers note that even in a crisis, certain products like vegan meat alternatives remain unpopular, suggesting a potential red flag for investors in those sectors.
