BELLINGS

‘Honest alcohol’ company closes last physical locations

A once-fast-growing beverage brand is making a major retreat from the physical spaces that helped build its identity and exiting an entire part of its business. After years of expansion, the company is closing its final brick-and-mortar locations and has already shut down the…

A once-fast-growing beverage brand is making a major retreat from the physical spaces that helped build its identity and exiting an entire part of its business. After years of expansion, the company is closing its final brick-and-mortar locations and has already shut down the…

BELLINGS Intelligence Score: 8

Why it matters

The closure of the last physical locations by a beverage brand is a routine business development with limited direct impact on credit markets or financial professionals.

Sources

  • TheStreet

    ‘Honest alcohol’ company closes last physical locations

    A once-fast-growing beverage brand is making a major retreat from the physical spaces that helped build its identity and exiting an entire part of its business. After years of expansion, the company is closing its final brick-and-mortar locations and has already shut down the…