Indeed Brewing Company has appointed Ryan Bandy, former director of experience, as the Minneapolis, Minnesota-based craft brewery’s new chief business officer.

The demand for craft beer isn’t growing anymore, and craft has officially become a mature – not maturing – market, Brewers Association (BA) chief economist Bart Watson told industry members Monday at the Massachusetts Brewers Guild’s Technical Brewing and Business Conference, held at Jack’s Abby in Framingham, Massachusetts.

The Beer Institute (BI) has hired Andrew Heritage as its new chief economist, filling the data head vacancy left by Danelle Kosmal.

Ready-to-drink (RTD) bev-alc continues to be a hot segment for beer, wine and spirits producers. However, the RTD landscape has become so extensive that its definitions have become blurry and sometimes confusing.

Molson Coors has raised its full-year underlying pre-tax growth guidance by an additional 10% since its previous guidance, from +23% to +26%, to now +32% to +36%.

More than half of the top 25 beer vendors have declined in volume year-to-date (YTD), ending October 8, in Circana-tracked off-premise channels, according to the data firm’s monthly beer report.

October’s Beer Purchasers’ Index (BPI) reading of 48 “shows a steady state for the industry,” National Beer Wholesalers Association (NBWA) chief economist Lester Jones wrote in the trade group’s monthly report.

Incremental innovation and clear brand identity were running themes throughout Boston Beer’s presentation to wholesalers in Los Angeles last week. Boston Beer shared an edited recording of the meeting with Brewbound this week.

Tree House Brewing is looking beyond the golf course to the race track. The Massachusetts-based craft brewery will open a new facility in Saratoga Springs, New York, in 2024, Tree House announced today on social media.

Boston Beer Company has updated its full-year guidance following its Q3 earnings results, with slightly more pessimistic expectations for the year.

Craft declines have accelerated slightly as seasonal buying patterns return to the off-premise, according to Circana in the data firm’s monthly beer report.

A vote to formalize the Brewing Union of Georgia (BUG) among employees at Athens, Georgia-based Creature Comforts Beer Co. has failed. The results of the election, which took place on October 3, were 21 votes in favor and 32 against, Creature Comforts told Brewbound, noting that the company was “pleased, but not surprised” by the results.

Cincinnati’s Rhinegeist Brewery has named Adam Bankovich as CEO and promoted several other leaders internally. Bankovich, who had served as interim CEO since late April, was promoted to CEO effective October 13.

Scan data through Q3 showed a “slightly more promising outlook for craft,” according to Bump Williams Consulting (BWC) in the firm’s quarterly craft report. Craft dollar sales growth in NIQ-tracked off-premise channels (total U.S. xAOC + liquor plus + convenience) is now flat year-to-date (YTD) through September 30.