Buying back beer and kegs it can’t sell costs Molson Coors $50 million

Last updated on May 1st, 2020 at 07:50 pmMolson Coors Beverage Co. says the cost of reimbursing bars for untapped kegs and not being able to sell finished kegs soon enough will cost it around $50 million. The company said it is reimbursing on-premise customers and retailers, which includes bars, restaurants and sporting, festival and

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Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.

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