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.
Brewers Association (BA) chief economist Bart Watson reported last week that indicators halfway through 2022 point to growth between 4% and 5% for craft beer by the year’s end. That estimate is in line with the projection Watson made at the end of 2021, when the industry grew 8% as the on-premise channel began to reopen.
More than two years after announcing her retirement, craft brewing pioneer Carol Stoudt’s eponymous German-inspired brand will be returning to Pennsylvania draft lines in time for Oktoberfest season through a licensing partnership with Philadelphia-based Evil Genius Beer Company.
Inflationary pressures that tamped down orders in June are persisting into July, as total beer contracted for the second month in a row, according to the National Beer Wholesalers Association (NBWA), which released its monthly Beer Purchasers’ Index (BPI) today.
Anheuser-Busch InBev reported +11.3% revenue growth and +3.4% volume growth globally for the second quarter of 2022. “Our business delivered sustained profitable growth,” CEO Michel Doukeris said in a press release. “Our volume increased by 3.4%, our top-line by 11.3% and EBITDA by 7.2%. The relentless execution of our strategy, the strength of our brands and accelerated digital transformation enabled us to meet the moment in an ongoing dynamic operating environment.”
Night Shift leadership told its 12 production employees their jobs could dry up as early as today, as the company prepares to wind down brewing and packaging operations at its Everett, Massachusetts location. The company will shift to contract production at Framingham-based Jack’s Abby Craft Lagers and Pawtucket, Rhode Island-based Isle Brewers Guild (IBG), which had been producing about 50% of Night Shift’s volume.
After a successful trial, Constellation Brands will expand its Modelo line extension Oro nationwide in March 2023, the company announced. Modelo Oro – a lower-calorie, lower-carbohydrate light beer intended to appeal to drinkers looking for better-for-them options – was one of several innovation productions Constellation introduced this spring for simultaneous test launches in various markets.
Sierra Nevada announced last week the closure of its Berkeley, California-based Torpedo Room satellite taproom after nearly a decade in business.
Wholesalers gave highest marks to Anheuser-Busch InBev, Boston Beer Company and Constellation Brands Beer Division in Tamarron Consulting’s annual survey of distributors’ perception of key beer industry suppliers.
Non-alcoholic beer, the convenience channel and imports are three bright spots in the beer business for the second quarter of 2022, according to bev-alc data firm 3 Tier Beverages. In this new quarterly series – 3 Up, 3 Down – Stephanie Roatis, 3 Tier consultant, product team, identifies three winners and three losers across bev-alc scan data.
Two and a half years after selling Detroit-based Atwater Brewing to Molson Coors and seven months following his exit from the brewery, Mark Rieth is diving back into the beverage industry with FÜL Beverage, a family of non-alcoholic beers and functional drinks.
Multi-state Pacific Northwest wholesalers Craig Stein Beverage (CSB) and the Odom Corporation have announced an impending merger of their businesses in parts of Washington, Idaho and Oregon. The deal, announced last week, will combine Odom’s territory in eastern Washington and northern Idaho with CSB’s territory in southern Idaho, eastern Oregon and southwestern Washington.
Off-premise dollar sales of craft beer have declined -7.4% for the first half of 2022 compared to last year, according to NielsenIQ data analyzed by Bump Williams Consulting (BWC). “Rate of decline has slowed a bit in Q2 (-6.4%) vs. Q1 (-8.5%), but the fact of the matter is that sales overall remain in the red, while several other segments have started to show signs of life,” BWC wrote.
What could the sale of a long fiercely independent craft brewery to a global brewing giant mean for consumer sentiment?
Boonville, California-based Anderson Valley Brewing Company (AVBC) will expand to Louisiana with craft house Pelican Craft Brands, the brewery announced this week. Pawtucket, Rhode Island-based Foolproof Brewing signed with Mission Beverage for distribution in its home state last month.
