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.
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 »
Many craft breweries have made distribution and packaging changes in the last few years to combat changing off-premise trends and consumer purchasing habits. But transitions don’t always mean immediate positive changes, as Belching Beaver can attest.
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 »
I hope you didn’t forget to pick up a 19.2 for grandma this week on your “Crap, is that today??” c-store visit on the way to your family Thanksgiving dinner this week. #BlackoutWednesday has consequences people – do your shopping before doing your BCBS vertical next year, mmmkay?
More signs of the times keep coming in the beer industry, with consolidations, expansions, production shifts and IP sales. Jess, Zoe and Justin reconvene to discuss the latest industry shakeups at Made by the Water, Young Lion, Other Half, RiverWalk, Ipswich and Anchor. Plus, the team shares whether they’ll be participating in Drinksgiving/Blackout Wednesday.
Ipswich Ale Brewery, one of the oldest craft breweries in Massachusetts, will transfer most of its production as part of an expanded partnership with Newburyport, Massachusetts-based RiverWalk Brewing, both breweries announced last week.
One shareholder of Massachusetts-based Tree House Brewing has filed a lawsuit against co-owners Nate Lanier and Damien Goudreau, claiming they have misused company funds, neglected to offer shareholder dividends, and withheld tax documentation. Eric Granger, a Monson, Massachusetts resident who owns 2% of Tree House’s shares, filed the lawsuit against Lanier, Goudreau and Tree House… Read more »
The Gambrinus Company is attempting to carve out its own slice of the growing non-alcoholic (NA) beer pie with a line of NA Shiner offerings.
Nearly half of consumers (47%) plan to visit the on-premise to celebrate Thanksgiving this year, according to CGA, an NIQ-powered on-premise market research firm, in its latest On-Premise Impact Report.
It was hard to miss the HEINEKEN SILVER branding tonight at the F1 race in Vegas 🧐. HEINEKEN is doubling down on the light beer brand, dedicating another $100 million to ‘getting the word out’ in 2024.
The legal battle between the Federal Trade Commission (FTC) and national bev-alc retailer Total Wine & More continued this week when the chain filed a motion to oppose the agency’s petition to force it to comply with a civil investigative demand (CID). The FTC last month claimed Total Wine’s parent company, Retail Services & Systems,… Read more »
New Belgium’s Voodoo Ranger Imperial IPA (Voodoo Ranger) is now the No. 1 craft beer by dollar sales in the convenience channel, passing Molson Coors’ Blue Moon Belgian White (Blue Moon), according to data firm Circana’s monthly beer report. Voodoo Ranger has increased c-store dollar sales +14.8%, to more than $81 million year-to-date (YTD), ending November 5. The IPA now has 5.84% share of total craft beer dollar sales in the channel.
Anchor SF Cooperative (ASFC), a group of former Anchor Brewing workers, has launched a WeFunder campaign to help its efforts to “carry on the legacy of Anchor Brewing.”
