Justin Kendall provides daily coverage of the beer industry on Brewbound.com, conducts live-streamed interviews during Brewbound’s events and co-produces the Brewbound podcast. Kendall is a nearly 20-year career journalist who led alt-weekly newspapers in Kansas City, Missouri, and Des Moines, Iowa.
Reactions to Japanese beer giant Sapporo’s decision to cease operations at Anchor Brewing and liquidate the business continue to roll in. The voice of the San Francisco craft brewery’s workforce is just beginning to be heard.
Anchor Brewing, the nation’s oldest craft brewery, will cease operations and the business will be liquidated, the company’s public relations firm announced today. The San Francisco craft brewery, which was acquired for $85 million by Sapporo in August 2017, cited “a combination of challenging economic factors and declining sales since 2016.” Ultimately, the company said the economic pressure “made the business
The beer aisle is becoming the latest battleground in the college sports arms race. The latest is a twofer for Iowa State University and its Cyclones athletes.
Constellation Brands posted solid shipments and depletions growth in its first quarter of fiscal year 2024. Beer shipments increased +7.5% year-over-year (YoY), to 107 million case equivalents, while depletions increased +5.5%.
Artisanal Brewing Ventures’ key brands are trending up as summer begins. Year-to-date through June 4, the craft brewery platform’s off-premise sales (+13.1%) are outpacing the beer category (+3.8%) and the craft segment (-1.4%), CEO John Coleman shared, citing data from market research firm Circana.
Anheuser-Busch U.S. (A-B) CEO Brendan Whitworth made his first major media appearance this morning since the conservative-led boycott of Bud Light began two months ago, appearing on CBS’ morning show.
Off-premise beer category dollar sales are up +0.7%, while volume sales have declined -4.1% for the four-week period ending June 17, according to market research firm NIQ. Also, the off-premise declines of Bud Light accelerated compared to previous weeks.
Monster’s foray into beverage-alcohol is expanding, as the energy drink maker plans to leverage its early success in FMBs with the launch of Nasty Beast hard iced tea, company leaders shared during the company’s annual shareholder meeting. Monster joins another non-alcoholic beverage juggernaut, AriZona, in launching a hard tea
Skagit Valley Malting has permanently closed and is expected to file for Chapter 7 bankruptcy liquidation, a now-former employee confirmed to Brewbound.
As the Bud Light brand continues to lose sales and share amid conservative-led backlash over a one-off social media influencer partnership with a transgender woman, the company is now pledging financial support for its wholesaler partners, according to a 6K filing with the SEC.
The combination of two of New Jersey’s largest craft breweries is off. The transaction announced in April that would combine Cape May Brewing Company, the Garden State’s largest craft brewery, and Flying Fish, one of the oldest, is a no-go.
Lawson’s Finest Liquids has named Adeline Druart as the 15-year-old Vermont craft brewery’s second CEO. Lawson’s founders Sean and Karen Lawson made the hire public today, appointing Druart as the successor to Sean Lawson.