As the end of 2017 draws near, U.S. beer volume sales remain roughly flat, according to recent data from Chicago-based market research firm IRI Worldwide. IRI, which tracks beer sales at off-premise retailers, reported that total beer sales through the first 11 months of 2017 exceeded $31.8 billion in the firm’s multi-outlet and convenience. Through December 3, U.S. beer volume sales declined 0.5 percent while total beer dollar sales increased 1.1 percent.
Coronado Brewing Company announced Thursday the promotion of Brandon Richards to CEO as Ron Chapman transitions into the role of chairman of the board. Meanwhile, Cambria Griffith will join California-based Figueroa Mountain Brewing Co. as director of marketing starting January 15.
In this week’s edition of Last Call: Virginia Eagle Distributing acquires J.F. Fick; Boston Beer says it’s on the search for a downtown taproom; Taco Bell releases its first branded beer; Target acquires Shipt for $550 million; and much more.
More than 200 beer industry professionals met in Santa Monica for the annual winter Brewbound Session business conference in early December. Videos from the all-day event are now available online.
There are now 6,000 U.S. breweries in operation, and 98 percent of those beer companies are considered small and independent, according to a new report released by industry trade group the Brewers Association (BA).
Melvin Brewing plans to open at least four new brewpubs in 2018, including outposts in craft beer strongholds San Diego and Denver. Melvin sales director Ted Whitney told Brewbound that the Wyoming-headquartered cult beer maker has signed a letter of intent on a 5,500 sq. ft. space in downtown San Diego with the hope of… Read more »
Anheuser-Busch InBev, via its “High End” craft division in the U.S., today announced the launch of a new initiative aimed at “building a better future” for the beer industry. Called Elevate, the program is A-B’s effort to make its 11 U.S. craft beer and cider brands better stewards of the industry.
The Boston Red Sox and Boston Beer Company have reached a multi-year agreement to make Samuel Adams “the official beer of the Boston Red Sox.” It’s an eight-year deal that will last through the 2025 season, according to the Boston Globe.
Two decades-old Baltimore breweries have begun consolidating operations. RavenBeer is in the process of relocating its operations to the Duclaw Brewing Company facility. In a press release, RavenBeer founder Stephen Demczuk cited increased competition from local and national breweries alike as one of the reasons for the move.
In this week’s edition of Last Call: Several small craft brewers accuse Ohio-based SysTech of defrauding them; the Brewers Association elects five industry professionals to its board of directors; Anheuser-Busch sends a cease-and-desist letter over “Dilly Dilly” beer; and more.
Georgia’s Scofflaw Brewing today announced plans to begin contract brewing with Scottish craft beer maker BrewDog. The fast-growing Atlanta-based craft brewery, which recently announced plans to expand its production capabilities to 30,000 barrels, will take advantage of excess capacity at BrewDog’s new 100,000 sq. ft. Ohio brewery until a new brewhouse is installed in March.
Seaboard Craft Beer Holdings, the parent company of Tampa Bay’s Big Storm Brewing Co., has acquired the assets of Cape Coral Brewing Co., a Florida brewery that shuttered in October after two years in business.
Following an 18-month search for a brewery to purchase, Epic Brewing today announced the acquisition of Telegraph Brewing Company, a California-based beer company that produces a variety of Belgian-inspired beers. Specific financial terms of the deal were not disclosed.
Fat Head’s Brewery will close its Portland, Oregon, brewpub in early 2018 following the termination of a licensing agreement between the Ohio-based company and its local franchisee.
