LINK Anheuser-Busch Offloads 8 Beer Brands as Bud Light Backlash Continues to Take a Toll
Sales of Bud Light have absolutely cratered, and the company suddenly needs an influx of Chinese customers to soften its revenue reports.
The market value of Bud Light has plummeted by at least $15 billion.
Those abysmal sales have caused (at least) two executives, countless marketing employees, and 645 plant workers to lose their jobs.
The brand itself is as toxic and unsavory as its ever been.
Bud Light itself has received the dreaded “death star” from Costco.
Bud Light sold off part of its craft beer catalog to help offset the losses.
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