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AB Inbev expands reach

Monday, 20 January 2014 10:13 Published in Local News

In what is a nearly $6-billion deal, Anheuser Busch InBev is reacquiring Oriental Brewery, South Korea's leading brewery. The St. Louis Post Dispatch reports that AB-InBev sold the company in 2009, following its acquisition of St. Louis-based Anheuser Busch.

Oriental Brewery has an exclusive license to distribute AB InBev brands including Budweiser and Corona in South Korea. Beer sales in South Korea grew 2 percent from 2009 to 2012, and premium beers grew 10 percent annually.

The country's beer market is expected to increase by more than 13 percent between 2012 and 2022.

Build-a-Bear looking to rebuild business strategy

Monday, 20 January 2014 09:44 Published in Local News
OVERLAND, Mo. (AP) - The new chief executive of Build-A-Bear Workshop Inc. sees a comeback in the near future for the Missouri-based company.
The company, which allows customers to customize and "build" stuffed animals, has seen its sales decline since in 2007, with only one profitable year in the last four years.
Sharon Price John, who became chief executive officer of the Overland-based company six months ago, says she is optimistic that changes initiated recently will help the company turn around.
The St. Louis Post-Dispatch reports John made her case to investors in a meeting last week at a conference in Florida.
She says the company declined in part because it did not respond to economic changes. Among other moves, the company is closing 60 underperforming stores and is updating its marketing.
 

Salting the walkways could damage plants and shrubs

Monday, 20 January 2014 09:39 Published in Local News
JEFFERSON CITY, Mo. (AP) - Salt used to make roads and sidewalks passable after winter weather can damage surrounding plants.
The Department of Conservation says Missourians can protect plants by creating drainage channels or barriers, using ice melting chemicals in moderation and by being particularly careful about applying salt in late winter and early spring.
Damage can be treated by pruning dead or deformed branches and washing away surface salt residue. Powdered gypsum can be applied if soil has been contaminated by long and heavy exposure. Moderately contaminated soil should get 100 to 200 pounds of gypsum for every thousand square feet.
Officials say symptoms of exposure to salt spray include yellowing or dwarfing of foliage.
   
 

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