Constellation Brands announced today a pair of executive leadership moves within its beer division. Jim Sabia has been promoted to EVP and president of Constellation’s beer division, effective immediately.

Days after the BBC reported that Scottish beer maker BrewDog allegedly submitted false information to the U.S. Department of Treasury’s Alcohol and Tobacco Tax and Trade Bureau, keg labels for the two beers in question were surrendered. Meanwhile, the number of convenience stores operating in the U.S. stood at 148,026 in 2021, a 1.5% decline compared to the 150,274 stores in operation in 2020, according to NACS and NielsenIQ.

The challenges with procuring aluminum cans aren’t likely to let up for several years, and increased input costs are likely to bleed down to drinkers, according to David Racino, co-founder and CEO of Austin, Texas-based can supplier American Canning.

Founders Brewing Company co-founder and CEO Mike Stevens will move into the role of board member, effective February 1, as the Grand Rapids, Michigan-headquartered craft brewery searches for a new CEO, the company announced today.

The Reyes Beer Division is picking up one of the most popular brands in San Diego. Reyes subsidiaries Harbor Distributing and Crest Beverage will take over distribution of around 310,000 cases of AleSmith Brewing Company products in Southern California from Stone Distributing, starting at the end of the month.

Deschutes Brewery has named Peter Skrbek as its new CEO, effective immediately. Skrbek, who served as chief financial officer, assumes the post from Michael LaLonde, who took the role of president in 2011 and later added the title of CEO in 2017 of the Bend, Oregon, craft brewery — the 10th largest by volume, according to the Brewers Association.

The federal Alcohol and Tobacco Tax and Trade Bureau (TTB) has accepted offers in compromises from a pair of Midwestern beer wholesalers for entering into sponsorship agreements that “allegedly resulted in the unlawful exclusion of their competitors’ products,” the agency announced today.

Lower than expected wholesaler inventory builds of Truly Hard Seltzer in the fourth quarter, as well as increased supply chain costs, have led Boston Beer Company to revise downward its shipment, gross margin and earnings per share projections for full-year 2021, according to a Form 8K filed with the U.S. Securities and Exchange Commission Thursday afternoon.

Whispers of the CANarchy Craft Brewery Collective’s potential sale have circulated through the industry’s rumor mill for the last few years before finally becoming a reality with today’s announced agreement to sell to energy drink maker Monster for $330 million in cash. Those whispers were the smoke to the fire of the craft brewery rollup being shopped to potential buyers. The seller’s identity though was not be the one everyone associates with CANarchy’s ownership.

Energy drink maker Monster Beverage has reached “a definitive agreement” to acquire the CANarchy Craft Brewery Collective for $330 million in cash, the company announced today. The all cash deal is expected to close in the first quarter of 2022, pending “customary closing conditions, including regulatory approvals.” The acquisition will give Monster a foothold in… Read more »

Total beer dollar sales in off-premise retailers reached nearly $44.3 billion in 2021, according to market research firm IRI. IRI, which tracks category-wide sales at major off-premise retailers, reported a -0.4% decline in off-premise spending compared to the same period in 2020, which ushered in massive shifts in consumer spending and behavior due to the COVID-19 pandemic.

The former owners of Green Flash Brewing have put the San Diego brewery and its equipment up for sale as a turnkey operation.

Energy drink maker Monster’s interest in the beverage alcohol space hasn’t faded — at least if the company’s job listings are a clue to its ambitions. Financial services firm Jefferies web sleuthed several job posts over the last year that point to Monster “prudently building expertise in the alc space.”

The fifth generation of the Wanty family is taking the reins at O&W Inc., a Ypsilanti, Michigan-based independent beer wholesaler.