Constellation Brands CEO Bill Newlands to Resign in April; Nicholas Fink Appointed Successor
Constellation Brands CEO Bill Newlands will step down from the top spot at the bev-alc giant this April, the company announced today.
Search across the BevNET CPG Media network including BevNET, Nosh, Brewbound, Taste Radio, Nombase and CPG Jobs.
Constellation Brands CEO Bill Newlands will step down from the top spot at the bev-alc giant this April, the company announced today.
The majority of consumers who went into 2026 with plans to participate in Dry January stayed committed to abstaining from alcohol through the end of the month, according to survey results from market research firm NIQ.
Bev-alc sales remained slightly positive through the end of January in NIQ-tracked off-premise channels (xAOC + convenience + liquor open state), the market research firm reported this week.
The beverage-alcohol landscape has “radically” changed over the last decade, but small and independent producers – both in beer and hard cider – are primed to take advantage, Brewers Association (BA) president and CEO Bart Watson shared at CiderCon last week in Providence, Rhode Island.
The end of January also brought an end to bev-alc’s 2026 growth trends, according to the latest weekly report from Circana EVP of BevAl Scott Scanlon.
Hard cider was one of three beer segments to record consistent growth in 2025, escaping the declines that plagued most of the category as beverage-alcohol tackled increased supply costs, consumer purchasing shifts and numerous macroeconomic headwinds.
The impending federal ban of hemp-derived THC products continues to loom over the emerging beverage category, but that isn’t deterring investors from capitalizing on the “generational opportunity” to get in, should the law change.
Nearly six years after the COVID-19 pandemic shut down on-premise businesses and ignited a drastic shift in consumer purchasing behavior, bars and restaurants still have not returned to pre-pandemic levels of bev-alc volume sales, according to a new report from market research firm NIQ.
The ripples of green that graced most of bev-alc off-premise scans through the first few weeks of 2026 expanded to a full blown ocean in the latest week, with double-digit year-over-year (YoY) growth recorded across nearly every major category, according to the latest report from market research firm Circana.
The majority of adult non-alcoholic (ANA) beverage buyers are new consumers to the category, suggesting opportunities for suppliers looking to have a greater impact on the category, according to new data from market research firm NIQ.
Inflationary pressures, changing consumer shopping habits, immigration enforcement tactics, COVID-19, weather – all and more have been listed as causes for bev-alc’s less-than-ideal last few years. But one of the largest hurdles for the industry might be by its own design, according to National Beer Wholesalers Association (NBWA) chief economist and VP of analytics Lester Jones.
Beer ordering remained in contraction in January, but recorded a “significant bump” compared to December, according to National Beer Wholesalers Association (NBWA) in the first Beer Purchasers’ Index (BPI) of 2026.
Circle K stores will be “expanding beer” in 2026 – but what the convenience store chain considers “beer” includes products from all major bev-alc categories, Circle K lead category manager Bob Gulley shared Sunday during the Beer, Wine & Spirits Summit in Coronado, California.
On any given week, Stateside’s vodka-based, ready-to-drink (RTD) hard tea brand Surfside records $2 million in sales or more and triple-digit year-over-year (YoY) growth in Circana-tracked off-premise channels. Those sales represent only 20% of the RTD’s total depletions.