News

Craft beer industry news.

CGA: Total Beer Losing Share On-Premise; Imports, Domestic Premium and Below Premium Bucking Trend

CGA: Total Beer Losing Share On-Premise; Imports, Domestic Premium and Below Premium Bucking Trend

Beer is starting to lose share of bev-alc dollar sales in the on-premise, according to a recent report by CGA, the on-premise arm of market research firm NIQ. In the last 52 weeks (L52W, ending June 14), beer claimed 39.5% share of total bev-alc dollar sales in NIQ-tracked on-premise channels, marking a 0.3 percentage point decline year-over-year (YoY).

Total Wine CEO Troy Rice Steps Down

Total Wine CEO Troy Rice Steps Down

Total Wine & More CEO Troy Rice has resigned from the top job at the national beverage-alcohol retailer, he announced on LinkedIn today.

Tip Top’s Kindred Spirits Series Bridges RTD Cocktails and Craft Beer

Tip Top’s Kindred Spirits Series Bridges RTD Cocktails and Craft Beer

Want to encourage craft beer drinkers to pick up a craft RTD cocktail? Try offering more beer. Now in its third release, Tip Top Proper Cocktails’ Kindred Spirits Series is a first-of-its-kind RTD brand and brewery collaboration that reimagines classic cocktails through the lens of craft beer.

Gallup Poll: Record Low 54% of US Adults Drink Alcoholic Beverages; BA Chief Warns Industry to Take Data ‘With a Huge Grain of Salt’

Gallup Poll: Record Low 54% of US Adults Drink Alcoholic Beverages; BA Chief Warns Industry to Take Data ‘With a Huge Grain of Salt’

The percentage of Americans who say they drink alcoholic beverages has fallen to its lowest point – 54% – in the history of Gallup’s annual survey tracking drinking patterns of adults. The firm said the decline comes amid “a growing belief among Americans that moderate alcohol consumption is bad for one’s health, now the majority view for the first time.”

Ballast Point Takes On New Investors, Plans Expansion

Ballast Point Takes On New Investors, Plans Expansion

San Diego-based Ballast Point has new, local investors in its ownership group, San Diego Beer News reported. Hospitality force RMD Group and boutique investment firm Cypress Ascendant have taken shares in the brewery, and the investors who facilitated the bombshell acquisition of Ballast Point from Constellation Brands in 2019 have exited.