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.
Deep Ellum Brewing Company founder John Reardon has filed a lawsuit against the CANarchy Holding Corporation — and its private equity firm Fireman Capital Partners — alleging that the craft brewery rollup has failed to make several payments related to the 2018 acquisition of the Dallas craft brewery.
The Texas Alcoholic Beverage Commission (TABC) ruled on Friday that the 51% calculation of gross receipts should only include the sale of alcoholic beverages for on-premise consumption. As such, to-go sales of alcoholic beverages, as well as distributed volume to retailers and wholesalers should not be included in the calculation of gross receipts to determine which establishments should shutter for on-site consumption.
Boston Beer Company reported second-quarter depletions (sales-to-retailers) growth of 46% and shipments (sales-to-wholesalers) growth of 39.8% during the second quarter of 2020, according to financial results shared after the end of trading today.
An 805 line extension is coming soon to California. Firestone Walker will start a 60-day test of 805 Cerveza — its first line extension of flagship 805 blonde ale — in early August in three California counties.
The CANarchy Craft Brewery Collective is leaning even harder into the seltzer space with two new mixed packs hitting retailers this fall, while also cashing in on the equity of its popular Jai Alai IPA with a low-calorie line extension called Jai Low. CANarchy’s plans for fall resets include the launch of Cigar City Jai… Read more »
The billion dollar weeks keep coming for the beer category in off-premise retailers. Beer category sales (beer, FMBs and cider) in off-premise channels increased 14.9%, to $1.007 billion, for the week ending July 11 compared to the same week one year ago, according to market research firm Nilesen. That makes eight consecutive weeks of beer category dollar sales in excess of $1 billion.
The Brewers Association (BA) today addressed criticism of its handling of racist actions by breweries within its membership. In an email to members titled “Bylaw and Governance Update,” president and CEO Bob Pease wrote that the BA has heard the criticism and its silence does not mean the calls to action have gone unheard.
On Saturday, the Massachusetts Brewers Guild and the Beer Distributors of Massachusetts announced an agreement that would cover all but two of the state’s craft breweries.
The fallout of Constellation Brands’ forced sale of its distribution rights in California to the Reyes Beer Division is still being felt. Anheuser-Busch and Triangle Distributing owner Peter Heimark announced Thursday an agreement to exchange distribution rights in California, according to a joint press release shared by A-B.
Molson Coors is seeking a permanent injunction to stop A-B from broadcasting additional Bud Light ads pointing out the use of corn syrup in the brewing process of its competitor’s flagship light lagers, Coors Light and Miller Lite.
Texas Gov. Greg Abbott’s June 26 order closing bars and other establishments that receive more than 51% of their gross receipts from the sale of alcoholic beverages now comes with unforeseen consequences for craft breweries.
Kombrewcha CEO Garrett Bredenkamp is looking to the hard seltzer segment for inspiration as the hard kombucha brand backed by Anheuser-Busch’s ZX Ventures looks to compete in the fast-growing segment. As such, this fall, Kombrewcha will introduce two new flavors — Blood Orange and Mango Pineapple — to a 12 oz. 4-can variety pack, which also includes existing offerings Berry Hibiscus and Ginger Lemon.
Facing tough comps with the 2019 July 4 holiday week, the hard seltzer segment still managed to post its strongest week in sales ever in off-premise retailers during the July 4 holiday week, according to market research firm Nielsen.
Saint Archer Gold might have needed just a little more patience. But Molson Coors’ patience with the brand — the company’s answer to the top-selling super premium offering, Anheuser-Busch’s Michelob Ultra — has run out, the company announced Friday, citing pressures caused by the novel coronavirus pandemic.
