The big three U.S. light-lager brands—Bud Light, Coors Light and Miller Lite—are all losing volume as consumers shift to craft and Mexican import beers as well as to wine and spirits. Molson Coors Brewing Co., which makes Miller Lite and Coors Light, said Wednesday that its U.S. sales-to-retailers volume fell 2.9% in the third quarter, compared with the year-earlier period, thanks largely to declines in the two light-beer brands. Anheuser-Busch InBev NV said last week that Bud Light, the No. 1 U.S. beer brand by volume,...
Source: Wall Street Journal November 01, 2017 19:01 UTC