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.
Despite some ebbs and flows, on-premise sales velocity over the last 12 weeks (ending August 26) has remained flat versus the same period in 2022, according to CGA, a NIQ-powered on-premise market research firm.
BrewDog USA has announced a reorganized sales team structure ahead of 2024. The U.S. branch of the Scotland-headquartered craft brewery will transition from a regional sales structure to a “more streamlined, divisional structure” with three divisions – Central, East and West – effective November 1, according to a press release.
Firestone Walker leadership spent the majority of the company’s virtual meeting with wholesalers Tuesday mapping out plans for its No. 1 brand, 805. However, the Paso Robles, California-based craft brewery’s other three core brands – Cali Squeeze, Mind Haze and Firestone – round out the portfolio to poise the company for “some of the best success that we’ve ever had,” CMO Dustin Hinz said.
The upcoming first week of September brings about three major events for consumers this year: the Labor Day weekend, the kickoff of this year’s National Football League (NFL) season and the return of federal student loan interest.
The Beer Purchasers’ Index (BPI) for August shows “an opposite outcome to July 2023,” with at-risk inventory up and overall BPI down, according to the National Beer Wholesalers Association (NBWA).
The convenience channel is the strongest channel for beer, accounting for more than half of category dollar sales, according to NIQ data shared by 3 Tier Beverages.
Consumers are feeling less in the holiday spirit ahead of Labor Day, according to consumer insights firm Numerator. Numerator surveyed 518 consumers from August 2 to August 7.
Beer production and wholesaler supply levels have started to match up over the last 12-18 months, suggesting a divergence from the “out-of-whack” inventory trends that started in 2019, according to National Beer Wholesaler Association (NBWA) chief economist Lester Jones.
The last time Brewbound spoke to Newport Craft Brewing & Distilling Co., the Rhode-Island based craft brewery had just purchased a 6-acre plot of land from the city, its first step in a major expansion and renovation plan.
Catawba Brewing Company’s locations in Charlotte and Wilmington, North Carolina have been closed by Made By the Water, the portfolio company of family office Wiregrass Equity Partners, according to reports.
Craft Beer Cellar Belmont and Trinktisch European Food Hall are looking for new ownership. Co-founders Suzanne Schalow and Kate Baker announced their intent to sell the Belmont, Massachusetts-based businesses in a letter to industry members and fans earlier this month (copied in full, below).