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The coronavirus pandemic has already caused depleted toilet paper shelves and concerns about meat shortages, but now it’s also to blame for some other, maybe more surprising shortages across the country.Coca-Cola announced at the beginning of July that it was stopping production on Odwalla Juice at the end of the month. On a call with investors, James Quincey, Chairman & Chief Executive Officer of The Coca-Cola Co. said of Odwalla, “In the case of a brand like Odwalla and its chilled direct store delivery, which has struggled over the last several years, we started to stop operations effective July 31. This gives us the flexibility to support our investments in brands like Minute Maid and Simply.”And if you thought you were imagining fewer types of Coke products on store shelves, there’s a good chance you weren’t. A representative from the soft drink giant said in an email, “We continue to see high demand for products consumed at home. We are implementing contingency plans as best we can to get the products people want to store shelves. We appreciate everyone’s patience as we work through these unprecedented times,” going on to say, “we are focusing on the availability of our most popular brands.”“Coke is facing is a different sort of thing right now; it's something that's a shift in demand, which is temporary, and they're not in position to respond to it other than to…put all of their eggs into the baskets that are going out the door fastest,” said William Dickens, University Distinguished Professor and chair of the economics department at Northeastern University.Another issue for Coke likely ties into another shortage – aluminum cans.According to Robert Budway, the president of the Can Manufacturers Institute, the aluminium can industry was seeing demand increase even before the pandemic began because cans are more environmentally friendly than plastic bottles, and the demand has only gone up.“Can manufacturers are fully focused on filling the extraordinary demand from all sectors of the industry’s customer base,” said Budway in a statement. He also said that although there is enough aluminum, can makers have announced the construction of several new plants in the United States and Canada, but they will take between 12 and 18 months to build.Chains like Taco Bell announced they’re trimming the menu too, removing things like the 7-Layer Burrito and Nachos Supreme. And Red Robin Gourmet Burgers ditched a third of its menu.The national burger chain cut 55 items, and a representative pointed to what they told their investors about the changes saying the cuts have resulted in “faster cook times, higher quality food” and say it’s reduced waste.“Sure,” said Dickens. “But why wouldn't they have done it before this, if it made such a big difference? The best explanation is that now they're in a different circumstance, and they just can't afford to produce the type of variety that they did before because they aren't having as many people coming in.”Dickens said everything, each menu item and each flavor of soda, has a specific cost to make. For a business to be profitable, it has to sell a certain number of each offering.So it makes sense that less popular items might hit the road right now.“As for menus and shortages…I think we may very well see more firms follow suit. I know my favorite restaurant is only offering a couple of items compared to what it used to. So I know it's a phenomenon that's out there,” said Dickens. “It's more profitable for [restaurants] to focus on a couple of items that they know that they're going to sell a lot of.”He went on to say what we can expect to see in the next month or year largely depends on how things go with COVID-19 and the subsequent handling of the economy.“I guess my biggest fear is that we're mishandling the economy,” said Dickens.He said that the United States’ economy hasn’t shrunk as much as it might have since the pandemic hit because Congress authorized an extra 0 per week for unemployment benefits. He said that the people who are getting those benefits are also then spending that money on things like food and drink.With the final unemployment supplements already distributed, Dickens predicts people will have less money to spend, which in turn will mean less money in the economy overall, more job layoffs – and a deeper recession. He said that could ultimately mean more shortages – and more businesses closing for good.“We should not let the smart things that were done fade away too early, and this is clearly too early since a large part of the country is still seeing growing numbers of cases,” said Dickens. “They're probably going to have to take action to pull back from re-opening and people are gonna need economic support.” 4769

The following column is written by Elie Honig, a former Assistant U.S. Attorney for the Southern District of New York.Last week, notorious Boston mafia boss Whitey Bulger was killed inside the high-security federal Hazelton Penitentiary in West Virginia. Bulger had just arrived at Hazelton the day prior. According to the Boston Globe, federal authorities are now focused on Fotios "Freddy" Geas, a former Massachusetts-based mafia hitman, as Bulger's killer.In 2011, I tried and convicted Geas, along with his brother Ty Geas and their mafia boss Arthur "Artie" Nigro for a string of vicious murders, murder attempt and murder conspiracies they committed in Massachusetts and New York. All three received life sentences. 740

The economy is humming. Americans are eager to spend on clothes, toys and home decor.Just not at JCPenney.Leaderless, billion in debt and with a stock price below , the besieged retailer faces an uncertain fate after posting its latest round of dismal earnings."They're in a leaky boat that eventually will sink," said Mark Cohen, the director of retail studies at the Columbia Business School and a former CEO of Sears Canada and other department stores. "The prognosis for the future is not happiness."Penney finds itself weighed down by years of errors, failed CEOs and muddled attempts to establish a clear identity with shoppers. 652

The freewheeling entrepreneur who built Tower Records into a global business and pioneered a new way to sell music has died at 92.Russ Solomon, who started selling records at his father's pharmacy in the 1950s, passed away on Sunday at his home near Sacramento, California.The founder of Tower Records died while watching the Academy Awards, his son Michael Solomon told the Sacramento Bee."He was giving his opinion of what someone was wearing that he thought was ugly, then asked [his wife] Patti to refill his whiskey," Michael Solomon told the newspaper.Solomon had passed away by the time his wife returned.The first Tower Records opened in Sacramento in 1960, and by 1968 the company had expanded to San Francisco. Its iconic yellow and red signs would later be seen as far away as London and Tokyo.Fans flocked to the stores, attracted by a relaxed atmosphere where it was easy to bond with other music aficionados. Solomon did not have a dress code for employees, who mixed easily with customers."If you came into town, you went into Tower Records," Bruce Springsteen said in a documentary about the company called "All Things Must Pass."Solomon told Billboard Magazine in 2015 that his favorite regular was Elton John."He probably was the best customer we ever had," Solomon said of the pop star. "He was in one of our stores every week, literally, wherever he was -- in L.A., in Atlanta when he lived in Atlanta, and in New York."The chain thrived on massive demand for physical music -- first records and then CDs. Solomon built sprawling mega stores where fans could find everything from pop hits to obscure albums.But the retailer was soon undermined by dramatic changes in the music industry.The rise of music sharing sites such as Napster put it under pressure, and the company's debt ballooned. Tower declared bankruptcy in 2004, and was liquidated in 2006."The banks said 'we don't need a visionary,'" Solomon lamented in "All Things Must Pass," which was directed by Colin Hanks."When we met Russ," Hanks told Billboard in 2015, "it took less than a second to realize this guy is a great character and one of the most humble people I had ever met."  2180

The family of Pfc. Vanessa Guillen, an Army soldier who was allegedly killed by a fellow soldier and his girlfriend, met with President Donald Trump on Thursday.Guillen's family began the day with a morning march on the National Mall in support of a military-focus sexual harassment bill bearing her name. The family and their attorney later met with the President at the White House.The event was closed to the press."It hit me very hard," Trump said later Tuesday about meeting with Guillen's family, according to CBS News. "We didn't want this to be swept under the rug."Guillen was last seen on April 22 at Fort Hood, Texas, where she had been stationed. On June 30, Guillen's dismembered remains were found on the banks of a nearby river.Hours later, a suspect in the case, Spc. Aaron Robinson died by suicide during a standoff with police. Robinson's girlfriend, Cecily Ann Aguilar, was later charged with assisting in hiding Guillen's body. Aguilar has pleaded not guilty.Guillen's family maintains that she had been sexually harassed by Robinson and others prior to her disappearance. They claim she did not report the abuse to her superior officers because she feared retribution.While an investigation into sexual harassment against Guillen remains open, the Army has not yet confirmed the family's claims. According to ABC News, the Army has confirmed that Guillen may have been harassed, but it was not of a sexual nature.The bill for which Guillen's family was marching, the #IAmVanessaGuillen Bill, would allow military members to file harassment claims with third-party agencies instead of within their chain of command."We will not accept anything less than justice for Vanessa," Attorney Natalie Khawam said, according to KPRC-TV in Houston. "When someone volunteers to serve our country, they deserve to be treated with dignity and respect by their fellow service members. This bill will help us provide the protection and respect to others that was denied to Vanessa." 1995