Beer Industry News, Events & Jobs

Brewery Openings: Jolly Pumpkin Opens Ninth Location; Uinta Airport Pub Debuts; Other Half Expands to Washington, D.C.

Brewery Openings: Jolly Pumpkin Opens Ninth Location; Uinta Airport Pub Debuts; Other Half Expands to Washington, D.C.

Dexter, Michigan-based Jolly Pumpkin Artisan Ales has opened a new cafe and brewery in East Lansing, Michigan, the company’s ninth location. Uinta Brewing’s new pub at Salt Lake City International Airport marks its first offsite expansion since opening in 1993. Brooklyn, New York-headquartered Other Half Brewing opened its third brewery and taproom in Washington, D.C., last week.

Nielsen CGA: Half of Consumers Unlikely to Return to On-Premise Venues Until a COVID-19 Vaccine or Treatment is Available

Nielsen CGA: Half of Consumers Unlikely to Return to On-Premise Venues Until a COVID-19 Vaccine or Treatment is Available

The bar and restaurant industry will find little comfort in the most recent report from Nielsen CGA. With colder temperatures around the country threatening to put a damper on outdoor dining and COVID-19 cases on the rise in the majority of states, about half of all adults say they have no intention of returning to dining or drinking outside their homes soon, the on-premise arm of market research firm Nielsen found.

Boston Beer Stock Price Skyrockets Over $1K Post Q3 Earnings Report

Boston Beer Stock Price Skyrockets Over $1K Post Q3 Earnings Report

After posting strong double-digit growth in shipments, depletions and revenues on the back of Truly Hard Seltzer and Twisted Tea in the third quarter, Boston Beer Company stock (SAM) topped the $1,000 mark for the first time ever, up from $371.12 at the start of 2020. As of press time (2 p.m. ET October 23), shares were trading at more than $1,066 (+15% and more than $145 than the previous day).

Pabst Brewing on Adapting During the Pandemic and Long-Term Aspirations

Pabst Brewing on Adapting During the Pandemic and Long-Term Aspirations

Pabst Brewing general manager and president Matt Bruhn said Pabst entered 2020 after a “tough but good” 2019, in which the company led the industry in price at a sub-premium level. He called it a “stabilizing year.” “We headed into 2020 in a really good position,” he said. “We built momentum in Q4 ’19, started to turn some of the trends around volumetrically, launched some cool innovation, had some winners in the back half of ’19. Quarter one 2020 was excellent.”

Brewers Association Survey: Beer-to-Go Buoyed Craft Brewers in Q3, But Recovery Still Distant

Brewers Association Survey: Beer-to-Go Buoyed Craft Brewers in Q3, But Recovery Still Distant

Craft brewers’ sales improved during the third quarter of 2020, but are still far off from where they were in 2019, according to a new analysis by Brewers Association (BA) chief economist Bart Watson. Combining several datasets tracking on-premise sales, Watson found that Q3 sales fell 22% below baseline, a marked improvement over Q2’s 45% below baseline.

Brewbound Podcast: The Middle Tier, It’s Shrinking

Brewbound Podcast: The Middle Tier, It’s Shrinking

This week’s edition of the Brewbound Podcast brings together industry experts to share their perspectives on what wholesaler consolidation means for smaller craft breweries and if there’s an end in sight to the disruptions.

Pabst Brewing Company Redefines Itself as an Enhanced Drinks Business

Pabst Brewing Company Redefines Itself as an Enhanced Drinks Business

Pabst Brewing general manager and president Matt Bruhn believes mainstream beer is facing a “Kodak moment,” Just not in the traditional sense. “We’re at a Kodak moment where the consumer demand is upending the industry,” he explained. “Now if you only have the ability to produce mainstream beer, you’re going to get caught short.”