Anchor Brewing and the city of San Francisco have partnered on a water reuse project that will allow the brewery to both save water and recycle 20 million gallons of it each year.
Draft beer sales volume declined -6.6% nationwide during the weekend of October 21-24, compared to the weekend of October 7-10, according to BeerBoard, which tracks draft sales at on-premise retailers across the country. Of the 10 key markets BeerBoard highlights in its reports, South Carolina (-11.1%) saw the steepest decline in volume, followed by Texas (-10.5%), Florida (-8.3%), Illinois (-7.7%), Minnesota (-7.3%), Nevada (-6.7%), and Georgia (-4.2%).
Madison, Wisconsin’s Ale Asylum will continue under new ownership, with no interruption in production or brewpub operations, the Wisconsin State Journal reported.
In an op-ed she wrote in support of paid family leave for small businesses, Switchyard Brewing Company co-founder Kristin Cummings wrote that the company has strived to “offer better benefits and a better work-life balance” to its workforce. Voting has started for the Brewers Association’s (BA) board of directors election and ends November 17.
As headwinds hit the hard seltzer segment, Boston Beer Company executives reiterated their confidence in Truly Hard Seltzer’s ability to perform during a conference call to discuss the company’s third quarter earnings with investors and analysts on Thursday evening.
Boston Beer Company’s second quarter earnings call in July set the stage for a tumultuous third quarter that saw the company pull its financial guidance and anticipate write-off costs related to excess hard seltzer inventory, which was followed by a rush of investor lawsuits. Although the Q2 earnings report left analysts flummoxed and disappointed, the company’s third quarter earnings report came with less of a jolt but more of the residual sting of the slowdown in hard seltzer growth and lowered expectations.
Pandemic-driven declines and an inability to convert the space to include brewing capacity, food service and outdoor seating factored into Deschutes Brewery’s decision to shutter its Roanoke, Virginia-based tasting room later this year, executives explained yesterday.
Anheuser-Busch continues to restructure its commercial leadership team, announcing Wednesday the appointment of a new president of its AB ONE division of wholly owned distributors
Broomfield, Colorado-based 4NB Holdings — the parent company of 4 Noses Brewing and Wild Provisions Beer Project — has acquired Odd13 Brewing in Lafayette, Colorado, the company announced Tuesday via its social media profiles.
Truly Hard Seltzer will say g’day to a new market in February 2022. Boston Beer Company will partner with the Campari Group to bring Truly to Australia next year, the company announced today.
Bump Williams Consulting’s Dave Williams and Brian “B.K.” Krueger share insights on the state of the craft beer business in the off-premise three-quarters of the way through 2021. The conversation covers how retailers are allocating shelf space, packaging trends including 19.2 single-serves and variety packs, the focus coming to the hard seltzer space and much more.
Retail sales of Boston Beer Company’s Truly Hard Seltzer continued to increase in Q3, to an estimated +51% year-over-year, according to a recent “Beverage Bytes” retailer survey by Goldman Sachs analyst Bonnie Herzog.