BeerBoard: Draft Beer Posted Gains in Sales and Volume During Memorial Day Weekend
Draft beer recorded gains in both volume (+12%) and dollar sales (+32%) year-over-year (YoY) during Memorial Day weekend, on-premise data firm BeerBoard reported.
Draft beer recorded gains in both volume (+12%) and dollar sales (+32%) year-over-year (YoY) during Memorial Day weekend, on-premise data firm BeerBoard reported.
The once-booming flavored malt beverage (FMB) segment is “showing some concerning declarations over recent weeks,” Bump Williams Consulting (BWC) founder Bump Williams noted in a recent report. FMB volume gains dropped by half – from +2.2%, to +1.1% – from the four-week period to the one-week period ending May 18, according to NIQ retail measurement data cited by BWC.
The years-long legal battle between members of the Sheehan family over their eponymous multi-state distributor officially ended today in Massachusetts Superior Court when all parties agreed to dismiss the case with prejudice.
The Brewers Association (BA) is prioritizing legislative efforts that widen craft brewers’ market access as the segment faces a challenging sales environment and narrowing distribution routes, BA general counsel Marc Sorini said during a presentation at the Craft Brewers Conference (CBC) last month in Las Vegas.
Fresh off the announcement that he and his brothers and business partners have struck a deal to acquire Worcester, Massachusetts-based Wormtown Brewery, Jack’s Abby co-founder and CEO Sam Hendler discussed the deal in depth with Brewbound.
Jack’s Abby will acquire fellow Massachusetts-based craft brewery Wormtown Brewery, and will operate the two breweries under the newly created parent company Hendler Family Brewing Co.
In the latest installment of Brewbound’s A Round With – a weekly Insider-exclusive Q&A series with industry leaders – Katy McBrady, president of Molson Coors-owned Atwater Brewery, dives into the importance of leveraging beer as a conduit to connect with your community, as the Detroit-based craft brewery has done through D Light and limited releases such as Miggy 3000, a pale ale brewed to celebrate Miguel Cabrera’s retirement from the MLB’s Detroit Tigers.
Four Black-owned craft beverage-alcohol brands are uniting in California to create a strategic alliance greater than the sum of its parts. The Circle of Crowns Beverage Group (CCBG) includes Inglewood-based Crowns and Hops, Fresno-based Full Circle Brewing and its sister brands Speakeasy Ales and Lagers and Sonoma Cider.
After missing Craft Brewers Conference (CBC) in 2023, I’m so excited for this year’s event to reconnect with industry friends and learn more about what will impact craft beer in 2024.
The country’s five largest craft brewers by volume in 2023 remain unchanged from 2022, according to the Brewers Association (BA), which released its annual craft brewery production report today.
A pair of alcohol-adjacent bills have been introduced in the Colorado Legislature. One (SB24-181) seeks to create a tax on beverage-alcohol products distributed in the state to fund “alcohol and related substance use disorder prevention, early intervention, treatment, harm reduction and recovery services” across Colorado.
In the latest installment of Brewbound’s A Round With – a weekly Insider-exclusive Q&A series with industry leaders – Julie Rhodes, founder and principal of Not Your Hobby Marketing Solutions, shares her best advice for navigating craft’s turbulent waters, balancing competing priorities… and surviving CBC.
The Consumer Price Index (CPI) for beer at home lagged behind overall inflation in March 2024, the U.S. Bureau of Labor Statistics (BLS) reported this week.
Beer industry veteran Carlos Alvarez, who founded the Gambrinus Company and was the first to import Corona Extra to the U.S., died this week. Beer Business Daily first reported the news this morning, citing an internal message at the brewery, and other outlets, including the San Antonio Express-News, followed.