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Restaurants are betting on to-go alcohol as business picks back up, but experts say competing with liquor stores won't be easy


Restaurants are betting on to-go alcohol as business picks back up, but experts say competing with liquor stores won t be easy
mmeisenzahl@businessinsider.com (Mary Meisenzahl)
More than 30 states allowed alcohol takeout and delivery during the pandemic.
Off-premise alcohol sales were a lifeline for restaurants, and many want to keep it around.
Experts say restaurants have to differentiate offerings from liquor stores.
Takeout and delivery alcohol sales have been a lifeline for restaurants during the past year, and the industry is hoping they ll be allowed to continue - but experts told Insider that competing with liquor stores while still turning a profit is easier said than done. ....

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Nike and Adidas saw their online sales plummet in China over the Xinjiang cotton boycott


Nike and Adidas saw their online sales plummet in China over the Xinjiang cotton boycott
insider@insider.com (Mary Hanbury)
Online sales of Adidas and Nike products at Alibaba s Tmall plummeted in April.
These sportswear brands are being targeted in a consumer boycott in China against western brands
Meanwhile, Chinese athleticwear brands are reaping the benefits, according to Morningstar.
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According to a note from Morningstar analyst Ivan Su, online sales of Adidas and Nike products on Alibaba s Tmall platform fell by 78% and 59% respectively year-over-year in April.
Chinese consumers snubbed the sportswear brands over statements they had made expressing concerns over alleged forced labor practices in the Xinjiang region in China. Tmall is China s largest online business-to consumer-platform. ....

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