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.
After filing for Chapter 11 bankruptcy protection last year, Somerville Brewing Company is permanently closing its doors, according to a social media post Monday. Portland, Oregon-based Base Camp Brewing announced last week it will close its doors on August 9.
In a time when off-premise beer sales top $1 billion weekly, without the on-premise half of the trade, the beer industry still has “a hole to dig out of,” National Beer Wholesalers Association chief economist Lester Jones said during a webinar presented by invoice tech firm Fintech.
As the effects of the COVID-19 pandemic on the on-premise channel continue to be felt worldwide, Molson Coors Beverage Company reported $2.5 billion in net revenue for the second quarter of 2020, a 15.1% decline compared to the same period last year.
Citing what he called a “coordinated harassment campaign,” Stone Brewing co-founder Greg Koch took to his brewery’s blog earlier this week to address a trademark dispute with Morehead, Kentucky-based Sawstone Brewing.
The Boston Beer Company has hired marketing executive Don Lane as its new vice president of the Truly Hard Seltzer brand. Boston Beer is investing $85 million to quadruple production at its nearly 90-year-old Cincinnati production brewery, according to a press release.
Consumers have ventured to on-premise establishments to eat at more than twice the rate they do for just drinks, a Nielsen CGA survey found. In the two weeks leading up to July 19, 41% of respondents had gone out for a meal. Meanwhile, just 16% had been out for only drinks, according to a July 22 report from Nielsen CGA, the on-premise arm of the market research firm.
Revolver Brewing co-founders Rhett Keisler and Grant Wood are stepping down from their roles leading the Granbury, Texas-based craft brewery, according to an announcement from Molson Coors Brewing Company, which acquired the brewery in 2016.
Oregon Brewers Guild co-executive director Tony Roberts will step down from the position at the end of the month, leaving Christina LaRue as the guild’s sole director. State guilds, trade groups that advocate on behalf of craft breweries to lawmakers and work to boost consumer bases, have struggled during the COVID-19 pandemic. Their revenues come from large scale, in-person events, which have been canceled, and member dues, the bulk of which come from craft breweries, who are also suffering financially.
Even amid persistent out-of-stock issues, Boston Beer Company’s Truly Hard Seltzer helped drive the company’s depletions (sales to retailers) growth to 46% in Q2. Boston Beer founder Jim Koch conceded Thursday that those inventory issues will last for the rest of the summer.
Odell Brewing continues to expand its beyond beer offerings with Allkind Hard Kombucha, which will launch this fall. Last year, the Fort Collins, Colorado-headquartered craft brewery rolled out the OBC Wine Project, a collection of canned wines.
Braxton Brewing has agreed to take over the taproom space and brewing equipment vacated by 3 Points Urban Brewery in Cincinnati, Ohio.
Two thirds of Texas craft breweries say their businesses will not survive until the end of the year under their state’s current operating restrictions, according to a survey conducted by the Texas Craft Brewers Guild (TCBG).
More legal drinking age consumers than ever before are drinking craft beer, market research firm Nielsen found in its sixth annual Craft Beer Insights Poll (CIP), conducted on behalf of not-for-profit trade group the Brewers Association (BA).
After a successful trial run last month, Portland, Maine-headquartered Allagash Brewing announced this week that it will permanently expand distribution of its offerings to Wisconsin. Stratford, Connecticut-headquartered Two Roads Brewing announced Wednesday that it has expanded distribution of its products to Minnesota.
