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NielsenIQ: Craft Beer Dollar Share Online Nearly Twice In-Store Share

NielsenIQ: Craft Beer Dollar Share Online Nearly Twice In-Store Share

Consumers spent $97 million on craft beer through e-commerce in 2020, which accounted for 24% of all beer category dollar sales online. In brick-and-mortar stores, however, craft beer makes up 12.6% of all dollar sales. In fact, craft has the second largest dollar share behind flavored malt beverages (32%), which include hard seltzers.

Brett Williams-Led Group Invests in Wachusett Brewing Company

Brett Williams-Led Group Invests in Wachusett Brewing Company

A group led by hard cider entrepreneur Brett Williams acquired a stake in Wachusett Brewing Company last September, Brewbound has learned. “An opportunity presented itself during the pandemic to invest in Wachusett and we decided to do so,” Williams told Brewbound Thursday. “We are the only people that are crazy enough to invest in a brewery in a pandemic.”

Anheuser-Busch InBev Revenue Declines to $46.8 Billion in 2020

Anheuser-Busch InBev Revenue Declines to $46.8 Billion in 2020

Anheuser-Busch InBev’s 2020 global revenues declined 3.7%, to $46.8 billion, driven by the continued impact of the COVID-19 pandemic in what was “undoubtedly a difficult year for our colleagues and our business,” CEO Carlos Brito said during a call with investors and analysts Thursday to discuss the company’s Q4 and full-year 2020 earnings. “While we… Read more »

Last Call: Ardagh Proposes New Can Manufacturing Company; Drizly Predicts More Growth for Beyond Beer and IPA Offerings

Last Call: Ardagh Proposes New Can Manufacturing Company; Drizly Predicts More Growth for Beyond Beer and IPA Offerings

Drizly offered insights into sales of two of the online marketplace’s most popular beer category segments: IPAs and beyond beer, or “hard alternatives,” in the company’s parlance. Beverage packaging company Ardagh Group has proposed spinning off its can packaging operations into a new entity combined with Gores Holdings V, pending shareholder approval, according to a press release.

Yonder Cider and Bale Breaker Brewing to Open Joint Taproom in Seattle

Yonder Cider and Bale Breaker Brewing to Open Joint Taproom in Seattle

A cidermaker and a craft brewer wanted to open a bar, so they founded a distillery. It’s complicated, but it’s the origin story behind the Bale Breaker and Yonder Taproom, set to open this summer in Seattle’s Ballard neighborhood, thanks to a piece of legislation passed in 2020.

Des Moines’ Exile Brewing Moves into Chicago Suburbs

Des Moines’ Exile Brewing Moves into Chicago Suburbs

Des Moines, Iowa-based Exile Brewing Company is expanding its distribution reach even further in the state of Illinois after launching in the Chicago suburbs of Aurora, Naperville, Wheaton, and Elgin last week.