Bump Williams Pt. 3: It’s Not Time to Panic Over Craft Price; Be Wary of Lost Occasions and ‘Lagging’ In-Store Promotions
Craft has had a rocky 2022 in off-premise channels, with declines in dollar sales, distribution and shelf space.
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Craft has had a rocky 2022 in off-premise channels, with declines in dollar sales, distribution and shelf space.
Craft dollar sales declined -5.9% year-to-date through August 20 in multi-outlet plus convenience channels, according to Bump Williams Consulting (BWC), citing NielsenIQ data.
Off-premise trends are looking “challenging” for craft beer, Brian “BK” Krueger and Dave Williams of Bump Williams Consulting (BWC), shared during a Brewers Association (BA) Collab Hour last week.
Heineken UK has acquired full ownership of Beavertown Brewery, four years after purchasing a minority share in the London-based company.
Allagash Brewing Company has agreed to purchase a 7-acre plot of land in Scarborough, Maine which will house a new tasting room, opening in 2024, the brewery announced today.
California’s Beachwood Brewing Company will soon be slinging its own cocktails along with its brews.
Non-alcoholic beer maker Athletic Brewing Company launched a new “Fit For All Times” campaign today, featuring several familiar names, including NFL player J.J. Watt and celebrity chef David Chang – both early investors in the Stratford, Connecticut-based company.
Europe’s hot and dry growing season will result in lower yields this year from some of the world’s largest hop producing countries, global hop supplier BarthHaas reported Tuesday.
Jared Welch, co-founder and production manager of Southern Grist Brewing Co., doesn’t like to back down from a “brewing challenge.” So when the Nashville brewery was approached by Franklin, Tennessee-headquartered Hardee’s to turn the fast food giant’s biscuits into beer, Welch was ready and willing.
Craft consumers have consistently reported style as the driving factor when choosing a craft beer, but brand has become increasingly more important, Brewers Association (BA) chief economist Bart Watson shared Thursday while revealing the trade group’s annual consumer survey conducted by the Harris Poll.
The rate of craft beer drinkers who say they drink craft weekly has declined -4% since last year, according to the Brewers Association’s (BA) annual consumer survey conducted by the Harris Poll.
This year’s Labor Day beer run (or delivery order) will make a bigger dent in consumers’ wallets than past years, according to the e-commerce alcohol delivery platform Drizly.
The on-premise channel is expected to see an “uplift” in velocity over Labor Day weekend this year, as on-premise trends continue to follow 2021 patterns, NielsenIQ-owned market research firm CGA reported.
Copenhagen-based Mikkeller is shutting down its brewery in the Miramar neighborhood of San Diego, effective immediately, and will begin contract brewing its offerings with San Diego’s AleSmith Brewing Co., the company announced. The Miramar taproom will remain open through the end of September.