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.
The Reyes Beer Division remains a very active acquirer in the state of California. The largest beer wholesaler in the U.S. continued to add to its business in the state today as its Harbor Distributing subsidiary signed an agreement to acquire Redding Distributing Company in Northern California.
Employees of Anheuser-Busch InBev-owned Platform Beer Company’s taproom in Columbus, Ohio, walked out en masse on Saturday, February 27, citing unsafe working conditions, according to social media posts.
“As a global pandemic ravaged the world, the country, the state and our very own city, Platform’s handling of the situation — and the praise for its employees — has been almost entirely performative,” the staff wrote in a letter that was shared online.
Anheuser-Busch InBev may be looking inward for a possible successor for CEO Carlos Brito. According to Bloomberg News, Michel Doukeris, CEO of A-B’s U.S. business, is the front-runner to succeed Brito.
Consumers spent $97 million on craft beer through e-commerce in 2020, which accounted for 24% of all beer category dollar sales online. In brick-and-mortar stores, however, craft beer makes up 12.6% of all dollar sales. In fact, craft has the second largest dollar share behind flavored malt beverages (32%), which include hard seltzers.
Anheuser-Busch InBev’s 2020 global revenues declined 3.7%, to $46.8 billion, driven by the continued impact of the COVID-19 pandemic in what was “undoubtedly a difficult year for our colleagues and our business,” CEO Carlos Brito said during a call with investors and analysts Thursday to discuss the company’s Q4 and full-year 2020 earnings. “While we… Read more »
Drizly offered insights into sales of two of the online marketplace’s most popular beer category segments: IPAs and beyond beer, or “hard alternatives,” in the company’s parlance. Beverage packaging company Ardagh Group has proposed spinning off its can packaging operations into a new entity combined with Gores Holdings V, pending shareholder approval, according to a press release.
Craft beer dollar sales are up 18.8% year-to-date through January 24 at multi-outlet retailers and convenience stores tracked by market research firm IRI.
A cidermaker and a craft brewer wanted to open a bar, so they founded a distillery. It’s complicated, but it’s the origin story behind the Bale Breaker and Yonder Taproom, set to open this summer in Seattle’s Ballard neighborhood, thanks to a piece of legislation passed in 2020.
The Maryland Health Equity Resource Act, which was introduced in the Maryland House of Delegates last month and referred to the Health & Government Operations Committee on February 2, would raise the 9% sales tax on alcoholic beverages by 1%.
Denizens Brewing co-founder and chief brand officer Julie Verratti will join the U.S. Small Business Administration (SBA) as associate administrator of field operations, beginning March 1. Verratti will step away from her role with the brewery to take on the political appointment.
Truly Hard Seltzer boosted Boston Beer Company’s 2020 revenue to $1.74 billion, but production of the popular bubbly beverage remains a drag on the company’s gross margins, the company reported during its full-year and fourth quarter earnings report Wednesday.
Draft beer volumes last weekend dropped by 19.4% compared to BeerBoard’s January 28-31 survey as the state was battered by winter storms that crippled its power grid, leaving almost 4 million people without electricity.
Hard seltzer dollar sales at convenience stores are increasing at nearly double the rates of the rest of the off-premise retailers tracked by market research firm NielsenIQ. Over the last four weeks(ending February 6), off-premise dollar sales of hard seltzers increased 105% at convenience stores compared to the same period last year, while sales increased 55.9% in food (+55.9%) and 59.9% in drug stores.
Several pieces of legislation working their ways through Congress would bring much needed relief to the hospitality industry — including breweries, brewpubs and taprooms — as they continue to struggle during the COVID-19 pandemic.
