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Molson Coors is bringing back a light beer brand to address consumer demand for lower-priced options amidst a decline in beer sales. The revival of Miller High Life’s light variety comes as the company reports a decrease in sales. This move reflects a broader trend of consumers trading down in the alcohol industry due to rising prices. Molson Coors is also expanding into premium spirits and recently announced a partnership with nonalcoholic cocktail brand Naked Life. In other news, better-for-you soda maker Poppi is launching a new flavor in collaboration with singer Post Malone. The Wild Berry “Posty’s Soda” is now available exclusively at Kroger. Lastly, Bigelow Tea is investing in a new facility in Kentucky to meet growing demand for its popular beverage. The construction project includes environmentally friendly features and is part of a broader trend of increasing tea consumption in the U.S.

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