Zoe Licata joined Brewbound in 2021 after several years of freelance reporting and documentary work. She’s a Massachusetts native, guinea pig for bev-alc innovation and savant in Gen Z culture.
Russian River Brewing’s 20th annual Pliny the Younger release contributed $8.6 million in economic impact to the local economy in Sonoma County, according to the California-based brewery and the Sonoma County Economic Development Board (EDB).
Anheuser-Busch InBev’s (A-B) U.S. businesses recorded double-digit shipments and depletions declines in Q1, the final quarter before the company begins to lap initial accelerated declines from the conservative-led boycott of Bud Light that began in April 2023.
Great Lakes Brewing Co. (GLBC) CEO Mark King has stepped down from the top position at the Cleveland, Ohio-based craft brewery, effective April 24, the company announced today.
A majority of consumers plan to celebrate Mother’s Day outside of bars and restaurants, according to the latest impact report from CGA, a NIQ-powered on-premise market research firm.
Domestic tax paid shipments declined an estimated -13.6%, to 12.7 million barrels, marking a loss of more than 1.9 million barrels in March 2024 versus March 2023, according to Beer Institute chief economist Andrew Heritage, citing estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
Move over domestic premiums, imports are king. Imports overtook domestic premiums in dollar sales in NIQ-tracked off-premise channels in the four-week period ending April 20, making imports the No. 1 beer segment in scans.
Craft finished Q1 with dollar sales nearly flat year-over-year (YoY), declining -0.3% in NIQ-tracked off-premise channels (total xAOC + liquor plus + convenience) through March 30, Bump Williams Consulting (BWC) reported in its first quarterly craft report for 2024.
Molson Coors’ shipments in the Americas outpaced depletions by more than 750,000 hectoliters (more than 639,000 barrels), exceeding the company’s already inflated expectations for Q1 as it prepares for elevated summer sales, leadership shared today on a call with investors and analysts.
Molson Coors net sales increased +10.7% (+10.1% in constant currency) in Q1 2024, as the company continues to record volume growth from its core brands, the company reported today.
Turiya Luzadder, a former strategic analyst for Molson Coors, has joined 3 Tier Beverages as the Chicago-based data analytics and sales consulting firm’s first chief operating officer (COO).
It appears that beer distributors are optimistic about the beer category’s upcoming spring/summer performance. The category posted a Beer Purchasers’ Index (BPI) reading of 62 for the month of April, marking the highest BPI reading, and first reading above 60, since December 2021,
Jack’s Abby will acquire fellow Massachusetts-based craft brewery Wormtown Brewery, and will operate the two breweries under the newly created parent company Hendler Family Brewing Co.
While craft finished 2023 in decline, Black-owned craft breweries were able to grow, according to National Black Brewers Association (NB2A) executive director Kevin Asato in a press conference Wednesday during the Craft Brewers Conference in Las Vegas.