Tito’s Vodka maker Fifth Generation, Inc. has struck an offer in compromise (OIC) with the Department of Treasury’s Alcohol and Tobacco Tax and Trade Bureau (TTB) for $305,000, the federal agency announced Monday.
A bill in Indiana would remove restrictions on some off-premise retailers that prohibit them from selling cold beer. Towns in New Jersey are now allowed to designate areas where legal drinking age people can drink alcoholic beverages, according to NorthJersey.com.
Larkspur, California-based Marin Brewing Company will close this month after 33 years.
Days after the BBC reported that Scottish beer maker BrewDog allegedly submitted false information to the U.S. Department of Treasury’s Alcohol and Tobacco Tax and Trade Bureau, keg labels for the two beers in question were surrendered. Meanwhile, the number of convenience stores operating in the U.S. stood at 148,026 in 2021, a 1.5% decline compared to the 150,274 stores in operation in 2020, according to NACS and NielsenIQ.
The challenges with procuring aluminum cans aren’t likely to let up for several years, and increased input costs are likely to bleed down to drinkers, according to David Racino, co-founder and CEO of Austin, Texas-based can supplier American Canning.
Convenience retailers expect the hard seltzer segment to grow +10% year-over-year in 2022, according to Goldman Sachs Equity analyst Bonnier Herzog’s latest “Beverage Bytes” report. Hard seltzer sales slowed to +13% at c-stores in Q4, down from +18% in Q3, +32% in Q2 and +94% in Q1 as the calendar cycled against 2020 numbers.
Rabobank beverage analyst Bourcard Nesin joins the Brewbound Podcast to discuss his report breaking down e-commerce alcohol sales in 2021 and the opportunities that await brewers in the space and tips for how to succeed.
For the past half-decade or so, Dwayne “The Rock” Johnson has broken box office and social media records on his way to becoming the “Most Likable Person in the World.” It turns out he can make a pretty good energy drink, too. First announced last January and launched in March, ZOA has broadly managed to… Read more »
Scotland’s BrewDog allegedly submitted false information to the U.S. Department of Treasury’s Alcohol and Tobacco Tax and Trade Bureau (TTB) when it was exporting its beer to the U.S. before opening its Columbus, Ohio-based brewery, according to a report from the BBC.
Founders Brewing Company co-founder and CEO Mike Stevens will move into the role of board member, effective February 1, as the Grand Rapids, Michigan-headquartered craft brewery searches for a new CEO, the company announced today.
Charlotte, North Carolina-headquartered Sycamore Brewing posted another year of double-digit growth in 2021 and is poised for more of the same in 2022. “We put aggressive growth goals in front of our distributors for this coming year and they were wholly adopted,” VP of sales Archie Gleason told Brewbound.
Ojai, California-based hard kombucha and hard seltzer-maker Flying Embers has closed a $20 million series C funding round, led by global spirits giant Beam Suntory.
A quarter of consumers said they visited on-premise establishments less than usual in the two weeks that ended January 10, an +11% increase compared to December 2021, according to the market research firm CGA in its latest on-premise impact report.
The Reyes Beer Division is picking up one of the most popular brands in San Diego. Reyes subsidiaries Harbor Distributing and Crest Beverage will take over distribution of around 310,000 cases of AleSmith Brewing Company products in Southern California from Stone Distributing, starting at the end of the month.
