IRI Worldwide: U.S. Beer Sales Top $12 Billion Through May 20
U.S. beer dollar sales increased 4.1 percent as volume sales grew 2.1 percent through the four weeks ending May 20, according to retail data provider IRI Worldwide.
U.S. beer dollar sales increased 4.1 percent as volume sales grew 2.1 percent through the four weeks ending May 20, according to retail data provider IRI Worldwide.
Ryan Sentz has handed over the Funky Buddha Lounge & Brewery in Boca Raton, Florida, to family friend and homebrewer Allen Steen, who is transforming the space into the Robot Brewing Company & Quixotic Lounge. Sentz, the founder of Funky Buddha, told Brewbound that the transaction, which was finalized about a month ago, gives Robot Brewing the lounge’s 1-barrel brewery and neighboring homebrew supply shop for “zero dollars.”
As the clock turned to midnight, the exemption on aluminum and steel tariffs expired on Canada, the European Union and Mexico. The levies imposed by President Donald Trump — 25 percent on foreign steel and 10 percent on aluminum — will now be collected from the nation’s trade allies, who have subsequently threatened to impose their own tariffs on U.S. exports. Brewbound stopped by the Beer Institute’s Washington, D.C., offices to discuss the news with CEO Jim McGreevy. Watch the video above.
In this week’s Last Call: Stone Brewing files an injunction against MillerCoors and terminates its sponsorship deal with NOFX; the New York state Liquor Authority fines Boston Beer for unregistered products; Good City Brewing announces plans for second brewery near Milwaukee Bucks’ new arena; and more news.
Yazoo Brewing Company plans to break ground in mid-June on its new, six acre, 30,000 sq. ft. destination brewery in the Madison neighborhood of northeast Nashville. In a conversation with Brewbound last month, Yazoo founder Linus Hall said he is targeting a spring 2019 opening for the new facility. He added that a development group is under contract to purchase the land where Yazoo’s current facility, in Nashville’s The Gulch neighborhood, is located.
In this edition of People Moves: Avery Brewing’s COO resigns, and the Boulder, Colorado-based craft brewery lays off six workers; Wormtown Brewery names a new general sales manager; Heineken USA forms an new sales operations team; and more industry personnel moves.
Taprooms and direct-to-consumer sales were hot topics during this year’s Craft Brewers Convention in Nashville, Tennessee. Two seminars — “Building Your Brand Through the Tasting Room” and “Defense and Promotion of Tasting Rooms” — focused on the phenomenon that has agitated some retailers and wholesalers, but the topic bled into other conversations throughout the week.
In this week’s edition of Last Call: A New York distributor was fined $4.3 million in a bottle return scam; TTB says no to controlled substances in beer; Owens-Illinois announces plans to close its Atlanta facility;
After about six months as CEO, David Pillsbury is leaving Canarchy Craft Brewery Collective — Oskar Blues’ and Fireman Capital Partners’ consortium of beer companies formed following investments in Cigar City Brewing, Perrin Brewing and Utah Brewers Cooperative — according to a press release.
During its annual staff summit earlier this week, Great Lakes Brewing Co. owners Pat and Dan Conway announced that the company would be starting an Employee Stock Ownership Plan (ESOP), giving workers a minority stake in the company.
In the latest Legislative Update: Vermont approves franchise law reform; Kansas legalizes contract brewing; Colorado sets guidelines for full-strength beer sales in grocery and convenience stores; and more news from the states.
Nearly two years after the Department of Justice (DOJ) signed off on Anheuser-Busch InBev’s (ABI) $100 billion takeover of SABMiller, the government agency still has not completed its review of the merger. The DOJ and ABI filed a joint motion on March 15 asking U.S. District Court Judge Emmet Sullivan to approve the “proposed final judgment.” However, several groups have objected to the judgment, as it is currently written, and are now seeking a hearing in order to resolve anti-competitive concerns.
In the continued fallout of President Donald Trump’s tariffs on foreign aluminum and steel, the Beer Institute (BI) is now calling on the Department of Commerce, the Department of Justice and the Federal Trade Commission to investigate anticompetitive activity in the aluminum market.
In this week’s edition of Last Call: International M&A heats up with Heineken, Pernod and Constellation; Rebecca Spicer to depart the NBWA; Michigan Senators vote to outlaw marijuana-infused alcoholic drinks; Sonoma County tallies the economic impact of Pliny the Younger; and more.