The National Beer Wholesalers Association’s (NBWA) monthly Beer Purchasers’ Index found that wholesalers are reporting smaller inventories of beer at risk of going out of code. Nationwide on-premise sales velocity increased 72% over last year and 26% over 2019 for the week ending July 24, market research firm CGA reported. U.S. brewers shipped an estimated 16.1 million barrels of beer in June 2021 — the largest month of shipments yet in 2021 — but it fell just 116,000 barrels short of June 2020’s shipment volume (16.216 million barrels), according to the Beer Institute (BI), which cited unofficial estimates of domestic tax paid shipments from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
Craft beer industry news.
On-demand e-commerce retailer GoPuff has closed on a $1 billion Series H funding round, bringing the valuation of the Philadelphia-headquartered company to $15 billion; India’s United Breweries is now a part of Heineken N.V. following the Dutch brewing giant’s acquisition of a controlling interest in the maker of Kingfisher; and more news.
Wholesalers ranked Boston Beer Company and Anheuser-Busch InBev first and second in most categories in Tamarron Consulting’s annual survey of distributors’ perception of key beer industry suppliers.
Shipyard Brewing has appointed David Phillips as chief operating officer; Joe Heaton will depart the Beer Institute after serving as senior director of federal affairs for the national trade organization; and Constellation Brands has appointed Liz Lopez as VP of public affairs to lead on issues related to cannabis policy in the U.S.
Bale Breaker Brewing Company, a family-owned brewery located in the beautiful Yakima Valley, is excited to announce the launch of YOXI Craft Hard Seltzer. Releasing on August 27th, the first flavor of their craft hard seltzer line will be Lime Agave Ranch Water, a take on West Texas’ favorite cocktail made with real ingredients for flavorful, easy drinking.
Dos Equis® is welcoming the return of college football with even more reasons to jump up, high five, and cheers every week by giving fans a ‘Dos of game day’ from the beer that is brewed to outscore the rest.
Corona Limonada is the brand’s latest innovation within its hard seltzer family and is now available nationwide. Crafted in four bright citrus flavors — Classic Lemon Lime, Strawberry, Watermelon and Grapefruit — Corona Hard Seltzer Limonada will help keep things cool amid the hot summer temps.
Saucy Brew Works recently launched their second public crowdfunding raise with Start Engine. Now you can join the Saucy State of Mind as an investor of their company and member of the team.
Fans of AleSmith Brewing Company’s seasonal Märzen lager can rejoice as they get a head start on Oktoberfest flavors with the return of the brewery’s coveted AleSchmidt Oktoberfest! By popular demand, the brewery has decided to release its beloved Märzen-style creation two months earlier than previous years, bestowing lovers of the German-style lager more time to sip and savor their favorite limited-release brew.
Vertical Wellness, a leader in the branded health and wellness space, has announced the long-anticipated launch of its fully developed portfolio of CBD Beverages at retail this year.
Exhibit ‘A’ Brewing Company is debuting Short Sell, a light and refreshing IPA with 4.7% ABV that’s perfect for summer outings. Short Sell is a companion beer to the brewery’s recent IPA release, Market Gap.
The crew at Buskey is offering a fun, unique way to enjoy their diverse range of their craft hard ciders during the hot months of summer: soft serve hard cider on a cone! Buskey is the first Virginia craft alcohol beverage producer in Virginia with an offering like this.
Next week, Idle Hands Craft Ales will release their fourth beer in collaboration with the Ales for ALS program, a New England IPA named Kevin. The beer is being released to celebrate the life of Kevin Lynch, the brother-in-law of Grace Tkach, one of the brewery’s founders, who passed away last April after a four year battle with ALS.
Newly appointed Anheuser-Busch InBev CEO Michel Doukeris hosted his first earnings conference call today since taking the reins earlier this month from predecessor Carlos Brito. “Throughout my 25 years at the company, I’ve had the privilege to lead our business across different regions of the world, working alongside the industry’s most talented and passionate colleagues every step of the way,” Doukeris said. “Stepping into this role, I look forward to working together with the team to collectively drive our business into this next chapter.”