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Sheehan Family to Sell Craft Vermont

Sheehan Family to Sell Craft Vermont

Craft Vermont is being sold to Farrell Distributing (a Molson Coors distributor) and Baker Distributing (an Anheuser-Busch house), in a transaction expected to close in February, according to Beer Marketer’s Insights.

CGA: The On-Premise Velocity Roller Coaster

CGA: The On-Premise Velocity Roller Coaster

On-premise sales velocity has been inconsistent of late, with week-over-week (WoW) growth of +8% in the week ending November 11, followed by a -4% decline in the latest week (ending November 18), according to CGA, a NIQ-powered on-premise market research firm.

Pernod Ricard Appoints New North America CEO

Pernod Ricard Appoints New North America CEO

Pernod Ricard announced new leadership today for its North America business. Conor McQuaid, will take the helm as CEO of Pernod Ricard North America at the start of the new year.

Outfoxing The Competition: Foxtrot and Dom’s Kitchen Plan Merger

Outfoxing The Competition: Foxtrot and Dom’s Kitchen Plan Merger

The Chicagoland grocery industry got a little more interesting today with the announcement that modern convenience chain Foxtrot and natural grocery chain Dom’s Kitchen & Market will be merging in an all-stock deal that will create a new holding company called Outfox Hospitality.

BeerBoard: Drinksgiving Takes Another (But Smaller) Hit

BeerBoard: Drinksgiving Takes Another (But Smaller) Hit

This year’s Thanksgiving Eve (November 22) was a bit lackluster for beer, with Drinksgiving/Blackout Wednesday draft volume down -2.5% year-over-year (YoY), according to BeerBoard, an on-premise market research firm.

Appellate Court Rules in Favor of Boston Beer in 2021 Shareholder Lawsuit

Appellate Court Rules in Favor of Boston Beer in 2021 Shareholder Lawsuit

Boston Beer Company executives made “inactionable statement[s] of corporate optimism” about sales of Truly Hard Seltzer during its Q1 and Q2 earnings calls in 2021, negating a lawsuit and subsequent appeal filed by investors who alleged the company misled them about the brand and company’s performance. A panel of three Second Circuit judges upheld the… Read more »

Federal Trade Commission Tells Court Total Wine ‘Relies on Hyperbole,’ Demands CID Enforcement

Federal Trade Commission Tells Court Total Wine ‘Relies on Hyperbole,’ Demands CID Enforcement

The Federal Trade Commission (FTC) alleges that Total Wine & More “will continue to evade its production obligations absent an enforcement order” from the U.S. District Court for the Eastern District of Virginia. The agency and the national beverage-alcohol retailer are at odds over whether Retail Services & Systems, Inc. (RSSI), Total Wine’s parent company,… Read more »