Total U.S. beer dollar sales grew to more than $35 billion in 2018, according to retail data provider IRI. The Chicago-based market research firm, which tracks category-wide sales at major off-premise retailers, reported a 1.8 percent increase in beer dollar sales, despite a 0.3 percent decline in volume sales at multi-outlet and convenience (MULC) stores (grocery, drug, club, dollar, mass-merchandiser and military) through December 30.
In this week’s edition of Last Call: The Brewers Association shares 2018 packaging trends; High Country Beverage reaches an agreement to acquire a share of a Kansas wholesaler; Allagash to can flagship White; Ballast Point sets opening date for downtown Disney taproom; and more industry news.
Kentucky’s Braxton Brewing Company has embarked on a $5 million expansion that will include the purchase of the building where its brewery is currently situated, as well as the construction of a rooftop bar and the installation of a new canning line.
Aiming to establish a deeper connection in one of the key out-of-state markets where it distributes, fast-growing Ohio brewery Platform Beer Co. has announced plans open a brewery and taproom in Pittsburgh later this year.
In episode 18 of the Brewbound Podcast, Tony Yanow discusses the circumstances that led to the sale of Golden Road, and what his goals are for the Artisanal Brewers Collective. He also talks about the state of the craft beer market, the consumer shift toward supporting hyper-local businesses, and how he evaluates beers that are sold in his pubs.
Craft breweries in Texas are once again pushing for the legalization of beer-to-go sales. A pair of companion bills that would make Texas the final U.S. state to permit to-go sales from licensed breweries were filed in both chambers yesterday, the first day of Texas’ 2019 legislative session.
Constellation Brands reported its third-quarter fiscal 2019 earnings today, which were highlighted by nearly 8 percent growth in beer depletions (sales-to-retailers) and a 14 percent increase in shipments (sales-to-wholesalers) for the comparable three-month period ending November 30.
In the face of declining on- and off-premise retail sales, California’s Hangar 24 Brewing terminated about half of its production staff last Friday, brewery founder Ben Cook confirmed to Brewbound.
Portland, Oregon-headquartered Columbia Distributing will acquire a majority of the assets from Graybeal Distributing in Eastern Oregon. A purchase price was not disclosed.
More than a year after launching beer deliveries throughout Phoenix, Arizona, Pizza Hut today announced plans to expand the service into 1,000 stores by mid-2019. The national pizza chain, owned by Yum Brands, said it would expand its beer delivery service into five new states — Florida, Iowa, Nebraska, North Carolina and Ohio — by mid-January.
Craft Brew Alliance has extended CEO Andy Thomas’ employment contract for another three years, according to an SEC filing. Thomas’ new contract, which is slated to terminate on December 31, 2021, replaces a previous agreement that was scheduled to expire on June 30, 2019.
In this week’s edition of Last Call: MillerCoors sells its Eden facility for $2.75 million; Reyes acquires 2.5 million cases from Mission Beverage; Blue Moon is named the “Official Craft Beer” of the Kentucky Derby; and more industry news.
The Brewers Association (BA) has awarded more than a half a million dollars in research grants to groups focused on barley and hops development. The BA, a not-for-profit trade group representing the interests of small and independent U.S. beer companies, said the 17 grants given through its Research and Service Grants Program would “further the development of a healthy and sustainable raw materials supply chain.”
In episode 17 of the Brewbound Podcast, Campbell discusses the Brut IPA trend, how Brewery Ommegang plans to help build awareness around the new style, and the challenges of building an entirely new product category. He also discusses strategies for executing successful partnerships – such as the one Ommegang had with HBO and the Game of Thrones series – as well as a consumer shift toward prioritizing proximity over quality when making purchasing decisions.
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