The company, which is owned by Unilever, explained that consumers have shown increased interest in many of its other products. In order to ensure enough supply of those items, Klondike has had to make significant decisions.
While the reasoning behind the decision is a positive one, nostalgic customers are disappointed. In addition to leaving a mix of disgruntled, funny, and emotional comments on Klondike’s Twitter account, fans have rushed to stores before it’s too late. Many shops have been bought out of Choco Taco.
If it is any consolation, Klondike has alluded that there is hope that the beloved ice cream bar will make its way back to ice cream trucks in the future. In the meantime, people can continue to enjoy the summer with the signature Klondike bar, as well as cones and shakes.
The big-name streaming app Spotify has just acquired musical guessing game Heardle.
In a similar style to the popular Wordle game, players in Heardle try to guess the names of songs based on hearing the first note. After each guess, additional notes are played to help users identify the song, until the allotted six chances are up. Since the buyout, players can listen to the full song on Spotify once they’ve used all their guesses.
But, the deal has left some avid fans displeased. Many complain that their stat records have been wiped out. Others are frustrated they can’t play at all anymore, as the game is now available only in the US, UK, Canada, Ireland, Australia, and New Zealand.
While acknowledging the slip-ups that have occurred in the initial days following the acquisition, Spotify also explained the company’s hopes and plans for the new deal. The app will remain free and the interface will not change. Heardle will continue to be further integrated into the Spotify platform, facilitating the opportunity for listeners to connect more with the artists they love and to interact with friends.
As with most new endeavors, there are some small bumps in the road and a whole lot of excitement and potential.
With the shining sun and Covid restrictions letting up, Americans are eagerly booking vacations and flights for the upcoming summer months. Tired of regulations and staying at home, people are excited for a newfound freedom they’ve missed. Together with the enthusiasm to travel, experts warn of increasingly hefty airfares.
According to the Associated Press, the expected number of travelers this summer is higher than in pre-pandemic times. Prices of domestic flights are selling at rates 24% higher than during this season in 2019 and 45% more than this time last year. Similarly, international flights are going for 10% more than in 2019.
So, why the drastic increase?
According to airlines, there are a few factors. First and foremost is the rise in jet fuel prices. Additionally, there are fewer flights available for booking and many travelers interested in purchasing tickets. In the words of Hayley Berg, an economist for Hopper, “We have more travelers looking to book fewer seats, and each of those seats is going to be more expensive for airlines to fly this summer because of jet fuel.” Lastly, there is a major decrease in staff numbers in comparison to before the pandemic, and this often results in canceled flights.
Bottom line: If you are eager to make up for missed time during the Covid-19 restrictions, go for it – but be prepared to pay the price!
In a record-breaking sale, the famous 1964 Andy Warhol portrait of Marilyn Monroe has sold for $195 million. The sale took place at Christie’s auction house in New York.
While estimates before the event had the artwork priced at $200 million, this auction has set new records for 20th century American art. It is the most expensive piece of American artwork ever sold at an auction. It is also the second priciest auctioned piece of art, after Leonardo da Vinci’s “Salvator Mundi” sold for $450 million in 2017.
The sale of the iconic silk-screen portrait was encouraging for many art dealers. Andrew Fabricant, COO of Gagosian Gallery and a top art dealer, explained: “This shows that quality and scarcity are always going to push the market forward. It will give a bump psychologically to everyone’s thinking.”
The artwork, entitled Shot Sage Blue Marilyn, was painted by Warhol two years after Monroe’s death in 1964. It is one in a series of five versions of the portrait, each featuring a different color scheme. After a woman entered Warhol’s studio and fired gunshots at a stack of the paintings, the portraits inherited their titles.
Since the 1980s, Shot Sage Blue Marilyn had been owned by a Swiss art dealer. Proceeds of this memorable sale will go to charity in support of education and health programming for children.
Beam Suntory, one of the largest producers of distilled beverages in the world, has been working to shift its image to higher-end spirits. Its popular Knob Creek bourbon has sported a new look for the past three years, with an updated label design that has brought back its nine-year age statement, and a new line of 12-year and 15-year versions of the whisky. While prices once ranged from $25 to $50 per bottle, prices are now anywhere from $36 to $200. Following the company’s conscious efforts to step into the higher-end market, international sales reportedly rose 11% in 2021.
CEO Albert Baladi said in an interview: “Two years ago, in 2020, we weren’t as affected as a lot of companies, so the bounce back isn’t as strong as some of the other numbers that you’re still seeing, but still I think double-digits against 2019 is quite powerful.” Baladi continued to explain that the spirits industry generally does well even in times of economic crisis, and that raising prices encourages the company to continue upgrading its beverages. An advantage has been that customers are less sensitive to price hikes made to counterbalance inflation, as they’re pleased to pay more for higher-end drinks.
Ready to tap into another beverage line, Beam Suntory has announced plans to expand its ready-to-drink cocktail line and has partnered with Sam Adams brewer Boston Beer. Although unexpected, this trendy market line has proven lucrative and ranked as the fasting growing of any spirit category, according to the Distilled Spirits Council of the U.S. Beam Suntory’s premixed brands Sauza and Truly Vodka will be released this spring.