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Business Casual: Did Millennials Kill MillerCoors?

Molson Coors announced a massive restructure that will effectively kill the MillerCoors brand. As a result, the company will be terminating between 400 and 500 salaried positions. One article stated that the reasoning behind this was that millennials are consuming less beer. One our hosts, Tyler Kern, took exception to this explanation and let…

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Business Casual: Did Millennials Kill MillerCoors?

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Molson Coors announced a massive restructure that will effectively kill the MillerCoors brand. As a result, the company will be terminating between 400 and 500 salaried positions.

One article stated that the reasoning behind this was that millennials are consuming less beer. One our hosts, Tyler Kern, took exception to this explanation and let his feelings be known in this snippet from Business Casual.

Tune in to MarketScale Radio LIVE every Wednesday and Friday morning at 9 a.m. CT for Business Casual with Tyler Kern and Daniel Litwin. From interest rates to esports – we’ll be talking all things B2B.

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MetaNovas says Orphic can generate a CPG project proposal package in about an hour

MetaNovas says Orphic can generate a CPG project proposal package in about an hour

MetaNovas says Orphic can turn a product brief into a complete proposal package quickly; in an internal test it produced one in about an hour versus roughly two weeks of cross-team work (Business Insider).

  • 01Orphic’s most concrete claim is cycle time: MetaNovas says a multi-function proposal package went from roughly two weeks to about an hour on a real ingestible beauty brief (Business Insider).
  • 02CPG teams evaluating agentic AI are simultaneously consolidating systems: 82% of respondents in Veeva QualityOne’s survey said they are moving from legacy or best-of-breed tools to unified platforms, a useful signal on integration expectations (PR Newswire).

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Leased modular cold storage trims upfront costs 20% to 30%, Titan Cold Storage says

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  • 01Rising vacancy and rising demand at the same time, per Newmark's 2H 2025 report, means the U.S. cold storage market has spare space and a shortage of the right space; the useful question is now what kind of capacity, where, and for how long.
  • 02A 2023 Frontiers study of 67 cold stores found field energy use ran up to 30% above laboratory conditions, so a lease quote should be judged on the provider's measured fleet energy data, not on rated performance.
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Hain Celestial is selling most of its international business to AURELIUS for $323 million

Hain Celestial has signed a definitive agreement, announced Sept. 14, to sell most of its International business to private equity firm AURELIUS for an estimated $323 million in cash. Ella's Kitchen and New Covent Garden soups are included. Retailers, distributors and suppliers trading with those brands could face a new counterparty once the deal closes, though no closing date has been reported.

  • 01Hain expects $305 million to $310 million in net proceeds on an estimated $323 million headline price, and the announcement does not itemize what accounts for the difference.
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