Rundown: The Daily Harvest saga, Bud Light layoffs & an Apple/Amazon's pricing lawsuit
Correction: At the top of the episode we erroneously say that the cause of the Daily Harvest recall was "manufactured derived bacteria." The actual cause was from the ingredient tara flour, with which customers had adverse reactions.
On this week's Modern Retail Rundown, we discuss a report by Bloomberg detailing how Daily Harvest handled its recall last year. Next, a look at Bud Light’s decline as America’s favorite beer in light of the company's latest controversies. Lastly, governments are increasingly cracking down on Amazon's counterfeit and pricing practices -- most recently in light of its secret deal with Apple.
News cited:
https://www.nytimes.com/2023/07/23/business/modelo-bud-light.html
https://techcrunch.com/2023/07/26/apple-amazon-price-collusion-uk-lawsuit/
https://www.politico.com/news/2023/07/25/ftc-lawsuit-break-up-amazon-00108130