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Tropicana Faces Potential Bankruptcy Amidst Orange Shortage and Shifting Consumer Preferences
Facing potential bankruptcy, Tropicana's financial woes are caused by decreased orange production due to climate change-related disasters and disease, increased prices, and shifting consumer preferences, resulting in a 4% sales and 10% profit drop last quarter.
Tropicana Faces Potential Bankruptcy Amidst Orange Shortage and Shifting Consumer Preferences
Facing potential bankruptcy, Tropicana's financial woes are caused by decreased orange production due to climate change-related disasters and disease, increased prices, and shifting consumer preferences, resulting in a 4% sales and 10% profit drop last quarter.
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