Jessica Infante joined Brewbound in 2019 after nearly a decade in a variety of marketing roles in the craft beer industry. Prior to that, she was a daily newspaper reporter at the Jersey Shore. Jess holds a bachelor’s degree in magazine journalism from the S.I. Newhouse School of Public Communications at Syracuse University and a master’s degree in integrated marketing communication from Emerson College. She is a certified Cicerone and lives in Salem, Massachusetts.
BeatBox, the cross-category party punch producer, is reportedly discussing a potential acquisition with Anheuser-Busch InBev (A-B), according to a story by the Wall Street Journal. Citing unnamed “people familiar with the matter,” the WSJ estimated the deal at $700 million, but couched that negotiations could “fall apart.”
Craft beer’s off-premise losses accelerated in October, according to the most recent monthly report from market research firm Circana. In multi-outlet grocery, mass retail and convenience stores (MULO+C), craft’s dollar sales have declined 4.5% and volume, measured in case sales, declined 6% year-to-date (YTD) through November 2, according to Circana.
Rogue Ales & Spirits informed the landlord it owed nearly half a million dollars that it was shutting down on Friday, according to local news reports. The Newport, Oregon-headquartered craft brewer and distiller allegedly owes the Port of Newport $545,000 in rent and Lincoln County $30,000 in taxes. The Port of Newport owns the building that houses Rogue’s 47,000 sq. ft. production brewery, warehouse and taproom.
Oregon’s Rogue Ales & Spirits has apparently shut down operations at its production facility and brewpubs on Friday, according to a report that first appeared in the Lincoln Chronicle.
Iron Hill Brewery may have another act coming. The mid-Atlantic brewpub chain, which abruptly shuttered earlier this fall, is set to be acquired by restaurateur Jeff Crivello, according to filings in U.S. Bankruptcy for the District of New Jersey, where the chain filed for Chapter 7 bankruptcy in October.
The top growth beer brand in the on- and off-premise right now isn’t an innovation product designed by an R&D team that religiously studies consumer trends. It’s a non-Mexican import that was founded in the 18th century: Diageo-owned Guinness.
Halloween is officially logged in bev-alc scan data and there’s no reason to be afraid, Circana EVP of BevAl Scott Scanlon wrote. During the week ending November 2, total beverage-alcohol dollar sales declined 2.3% year-over-year (YoY), but increased 4% week-over-week (WoW).
Craft brewery owners dreaming of selling their businesses in multi-million dollar deals are doing just that – dreaming, industry leaders said last week during a panel discussion about exiting the business at the Mass Brewers Guild annual conference.
Lauren Woods Limbach joined New Belgium in 196 and the rest is “an incredible fairy tale, wild ride, with some of the hardest work and the best people on Earth,” she said in an Instagram video last week announcing her upcoming retirement.
Cigar City Brewing (CCB) will shutter its taproom and facility on Tampa’s Spruce Street next year when its lease ends and move into the Ybor City space currently occupied by Cigar City Cider & Mead, parent company Monster Brewing announced Thursday.
The latest weekly beverage-alcohol scan data report from market research firm Circana carried a content warning for “ugly comps.” “This week’s data needs to come with advanced warning to prepare for impact,” Circana EVP of BevAl Scott Scanlon wrote.
Wholesalers’ tepidness toward the beer category continued in October, according to the latest Beer Purchasers’ Index (BPI) from the National Beer Wholesalers Association (NBWA).