Anheuser Busch said yesterday that it's giving its Budweiser cans a new look, and the redesign is on the left.
The company says the new cans are bolder and sleeker, and it's part of making a Budweiser a global brand.
It's also meant to do something else-- reverse a trend in sales. A down economy and high unemployment have taken their toll on Budweiser.
I had a stock broker I loved back in the 80's. She's been retired for a while now. During the recession back then, she suggested I buy stock in Pepsi. Pepsi also owns snack food company Frito Lay. My broker said her company's reserach showed that even in tough times, people will still spend a couple bucks on the simple comfort of a bottle of pop and a bag of chips. She was right. I recall making a few bucks on Pepsi stock. It wasn't a fortune.
I suspect people are still buying beer, and the lower priced brands are doing well. Budweiser, apparently, needs a boost.
Help the economy. Have a beer.