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July 4 Lift Still Leaves Bev-Alc Sales in the Red, per NIQ Weekly Scans

July 4 Lift Still Leaves Bev-Alc Sales in the Red, per NIQ Weekly Scans

This year’s Fourth of July celebrations promised to be the biggest yet, with the U.S. celebrating its 250th anniversary. However, the holiday appeared as a small blip in off-premise scans, according to the most recent report from market research firm NIQ.

Brown-Forman CEO Lawson Whiting To Retire

Brown-Forman CEO Lawson Whiting To Retire

Brown-Forman president and CEO Lawson Whiting will retire, effective once the company names a successor, the Jack Daniel’s parent announced today.

Goodness of Hemp Act Proposes Federal Framework for Hemp Beverages

Goodness of Hemp Act Proposes Federal Framework for Hemp Beverages

A collective of hemp beverage stakeholders and interest groups is attempting to unite the fractured industry under a new bill that could stave off the restrictions set to take effect in November and bring clarity to future regulation.

Insider’s Week in Beer: Wolverine Says ‘Beer Me, Bub’

Insider’s Week in Beer: Wolverine Says ‘Beer Me, Bub’

Given that it’s the heart of summer movie season, it’s nice to see craft beer getting in on the action. The Tom Holland Bero collab with The Odyssey on special packaging is a no brainer. Naturally, Jason Kelce said hold my BERO, and showed everyone how it’s really done. Yes, he answered the burning question on the minds of most Americans, namely, “What would happen if the former Eagles center dressed up as Wolverine?”

Uncle Nearest’s Receiver Turns Fraud Narrative Back On Lender, Alleges Farm Credit Mid-America Ignored ‘Red Flags’ & Benefitted Financially

Uncle Nearest’s Receiver Turns Fraud Narrative Back On Lender, Alleges Farm Credit Mid-America Ignored ‘Red Flags’ & Benefitted Financially

A new counterclaim filed by the receiver overseeing Uncle Nearest Premium Whiskey case alleges lender Farm Credit Mid-America ignored years of red flags while a rogue CFO falsified financial reports, misappropriated funds for personal purchases and increased the whiskey brand’s credit line from $35 million to $67 million.

Spirits Distribution: As RNDC Unwinds, Suppliers Chase Payments, New Routes to Market

Spirits Distribution: As RNDC Unwinds, Suppliers Chase Payments, New Routes to Market

The near-complete wind-down of Republic National Distributing Company’s (RNDC) national operations is sending shockwaves through the three-tier system – triggering a wave of transitions and emboldening distributors to delay payments, according to suppliers. Meanwhile, the country’s largest spirits distributor has cut staff.