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☆ Amazon's Shopify killer got off to a slow start, according to sellers and internal emails
▼ + stars: | 2024-06-03 | by ( Madeline Stone | Eugene Kim | ) www.businessinsider.com time to read: +10 min

Rainier...)," Larsen wrote in the email, referring to a snowcapped peak near Seattle, where Amazon is headquartered. Months later, Amazon struck a deal with Shopify that put Buy with Prime on the Shopify merchant marketplace, extending the tool's reach with sellers. Advertisement"When merchants push that metric to >75%, it'll be a good indication that we've found product-market fit," Larsen wrote. To use Buy with Prime, Amazon charges merchants a 3% Prime service fee in addition to fulfillment fees and payment processing fees. However, Piiparinen said the 3% service fee is less than the referral fees merchants pay when selling on Amazon.com.

Persons: —, Craig Leslie, Leslie, It's, Peter Larsen, Andy Jassy, Larsen, Santos, Anders Piiparinen, who's, doesn't, Piiparinen, Amazon's, Smart, ZOA, GreatCircleUS.com, Madeline Stone Organizations: Service, Amazon, Business, Bean Coffee Company, Shoppers, Ekrin Athletics, BI, Prime Locations: . Rainier, ., Seattle, Piiparinen, mstone@businessinsider.com

☆ Brewers like Samuel Adams and AB InBev are shifting ad dollars to non-alcoholic beer as Americans cut back on drinking
▼ + stars: | 2024-02-06 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +5 min

It's shifting dollars away from its flagship brand, Boston Lager, to the non-alcoholic category, she added. Alcohol drinkers are opting for non-alcoholic beers on more occasions, such as at lunchtime or as a "chaser" between alcoholic drinks on a night out, experts said. Better margins, newer opportunitiesWhile non-alcoholic beers still only represent a small proportion of the total amount of beer sold, brewers can sell non-alcoholic beers at a higher margin, because they are often priced at a premium and avoid excise duty. The deal, announced earlier this year and which makes AB InBev a Worldwide Olympic Partner through to Los Angeles in 2028, marks the first time a beer brand has sponsored the Games. "This is an opportunity to strengthen beer as a category and as the category of moderation," said AB InBev CMO Marcel Marcondes.

Persons: —, Samuel Adams, Samuel Adams's, Samuel Adams Samuel Adams, Lauren Price, Price, It's, Sofia Colucci, Max Verstappen, Corona, Marcel Marcondes, Alan Miles Organizations: Service, Business, Boston, Molson Coors CMO, North America, Molson Coors, Miller, Team Ferrari, Red Bull, Heineken, Corona Cero, Anheuser, Busch, InBev, Games Locations: Boston, It's, American, Los Angeles

“The Rock” is a name is derived from Johnson's father, WWE Hall of Famer Rocky Johnson, who was the first Black champion in WWE history (alongside partner Tony Atlas), according the WWE. “I am thrilled to partner with Dwayne and welcome his immense talent to TKO’s Board," TKO CEO Ariel Emanuel said in a prepared statement. He has recently appeared on World Wrestling Entertainment Inc.'s “Smackdown” and “Raw” television programs, with rumors swirling that he may compete at this year's WrestleMania. "I’ve been there, I’m still there and this is for them.”TKO also announced Tuesday that Brad Keywell will become a board member. The additions of Johnson and Keywell will increase TKO's board from 11 to 13 members.

Persons: Dwayne Johnson, Johnson, WWE Hall of Famer Rocky Johnson, Tony Atlas, “, Dwayne, Ariel Emanuel, ” Johnson, I’ve, I’m, ” TKO, Brad Keywell, Keywell Organizations: WWE, UFC, WWE Hall of Famer, Seven Bucks, Energy, United Football League, TKO’s Board, Holdings Inc, Wrestling Entertainment Inc, Echo Global Logistics

☆ Dwayne ‘The Rock’ Johnson scores mega payday to join the WWE’s board
▼ + stars: | 2024-01-23 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

He also secures full ownership of his stage name, “The Rock,” as part of the deal. I’ve been there, I’m still there and this is for them.”The TKO board now has 13 members, following Tuesday’s appointment of Groupon co-founder Brad Keywell as well. “Very few people on the planet understand the convergence of sports, entertainment, media, and business like Rock,” Vince McMahon, executive chairman of TKO’s board said. The show will begin streaming live January 2025. WWE had an early foray into the streaming business but largely failed to win enough subscribers to support itself.

Persons: New York CNN — Dwayne “, ” Johnson, , Johnson, Johnson’s, I’ve, I’m, Groupon, Brad Keywell, ” Vince McMahon, ”, Mark Shapiro Organizations: New, New York CNN, Holdings, WWE, UFC, Netflix, ZOA Energy, Seven Bucks, United Football League, World Wrestling Entertainment, Endeavor Group, Endeavor, Comcast’s USA, NBC Locations: New York

☆ Major US Muslim group moves annual gala after threats at Virginia hotel
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +3 min

The Council on American-Islamic Relations (CAIR) said the Marriott Crystal Gateway hotel (MAR.O) in Arlington, Virginia, which has hosted its gathering for more than 10 years, told the group it had received threats. "Anonymous callers have threatened to plant bombs in the hotel's parking garage, kill specific hotel staff in their homes, and storm the hotel in a repeat of the Jan. 6th attack on the U.S. Capitol if the events moved forward," CAIR said Thursday night. Marriott did not confirm specific threats. "Please join ZOA in calling Marriott to demand that they cancel this dangerous CAIR event," the ZOA said in an "action alert" on Thursday. On Thursday, the U.S. Campaign for Palestinian Rights, a second advocacy group, said the Hilton hotel (HLT.N) in Houston had abruptly canceled its booking for an annual conference on Oct. 27-29.

Persons: Kim Potter, Daunte Wright, Marriott, Greg Abbott, Hilton's, Hilton, Abbott, Joe Biden, Doina Chiacu, Julia Harte, Doyinsola, Chizu Nomiyama, Jonathan Oatis Organizations: National Guard, Minnesota, Islamic, Hennepin County Government Center, Islamic Relations, Marriott Crystal Gateway, U.S, Capitol, Crystal Gateway Marriott, Department, Hamas, Marriott, CAIR, Endowment, Middle East, Zionist Organization of America, U.S . Campaign, Palestinian Rights, Hilton, Texas, Thomson Locations: Hennepin County, Minneapolis , Minnesota, U.S, ARLINGTON , Virginia, Virginia, Arlington , Virginia, United States, Gaza, Israel, Houston, Texas, Illinois, Washington, New York

☆ Bank of America says it's an official economic recovery now so history points to these stocks outperforming ahead
▼ + stars: | 2023-09-11 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

There appears to be an economic rebound taking place — and history shows ways to play it in the market, according to Bank of America. "It's official: we're in a Recovery," wrote strategist Savita Subramanian in a note to clients Sunday. An average recovery lasts nine months, though shorter durations seen in recent history raise concern that this one may not have staying power, she said. Still, the average analyst has a hold rating on the stock, according to LSEG. The average analyst has a hold rating on the stock, but price targets imply an upside of more than 7% on average.

Persons: Savita Subramanian, Subramanian, FactSet, Piper Sandler, John Barnidge, Barnidge, AIZ, Newell, Canaccord, Brian McNamara, McNamara, Molson Coors, Bud, Invesco, — CNBC's Michael Bloom Organizations: Bank of America, Wall, Newell Brands, LSEG, destocking, Anheuser, Busch InBev, Bud Light, TAP BUD, Molson Coors, Busch Inbev, Molson, ZOA Energy Locations: U.S

July 11 (Reuters) - Amazon.com (AMZN.O) hopes to tempt U.S. shoppers on Tuesday to open inflation-thinned wallets by offering deeper discounts on a wide range of goods and services during this year's "Prime Day" 48-hour shopping event, including its first-ever travel discounts. A year of inflation has lifted mortgage rates, rents and food prices for consumers ahead of Prime Day, which falls on July 11-12 this year. CFRA Research analyst Arun Sundaram said Amazon's U.S. Prime Day discounts this year are mostly deeper than in previous years. Amazon Prime members can also save up to 40% on items such as Sherpani bags and ZOA Energy drinks, by checking out using "Buy with Prime," directly from Amazon's third-party merchants. Amazon plans yet another Prime sales event this year, according to screenshots of its seller notification platform seen by Reuters.

Persons: Arun Sundaram, Michael Ashley Schulman, Schulman, Brian Gleason, Sundaram, Granth Vanaik, Ananya Mariam Rajesh, Arriana McLymore, David Gregorio Our Organizations: CFRA, Sony, Bank of America, Amazon, Energy, Amazon's, Adobe, Running, Capital Advisors, Exchange, Priceline's, Express, Walmart, Reuters, Thomson Locations: United States, Bengaluru, New York City

☆ Zoa Energy Drink has crossed over $100 million in retail sales, says Dwayne 'The Rock' Johnson
▼ + stars: | 2023-01-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailZoa Energy Drink has crossed over $100 million in retail sales, says Dwayne 'The Rock' JohnsonDwayne 'The Rock' Johnson, actor and co-founder of ZOA Energy Drink and Teremana Tequila, joins 'Squawk on the Street' to discuss his brands' goals moving forward, the WWE, thoughts on Disney and the future of "Black Adam."

☆ Molson Coors is launching its first-ever zero-proof cocktail
▼ + stars: | 2023-01-10 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —Molson Coors is typically known for its lineup of beers and booze, but its newest drink isn’t either. Its arrival comes as Molson Coors broadens its portfolio beyond beer and expands into new growth categories that are sparking consumers’ interest, including canned cocktails and non-alcoholic beverages. “We know a lot of consumers are starting to either moderate or temper and think about their consumption habits,” Jamie Wideman, vice president of innovation for Molson Coors exclusively told CNN. Molson Coors Beverage CompanyRoxie is available in three flavors: Passionfruit, pineapple and mango. The company’s direction beyond traditional beer stems from a 2019 decision to rebrand itself from Molson Coors Brewing Company to Molson Coors Beverage Co (TAP)mpany as a result of declining beer sales.

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