Deschutes Brewery will close its tasting room in Roanoke, Virginia, at the end of the year, Michael LaLonde, president and CEO of the Bend, Oregon-headquartered craft brewery, announced today. LaLonde wrote that Deschutes “made the tough decision not to renew our lease” on the property, which opened in August 2017.
Massachusetts lawmakers are considering doubling the commonwealth’s excise tax on beer, wine and spirits. The bill proposes increasing the state excise tax rate for malt beverages (including flavored malt beverages and sugar-based hard seltzers) from $3.30 per barrel to $6.60 per barrel.
Beverage producers have faced an unending onslaught of supply chain challenges in 2021. With three months left in the year, how should breweries and beverage companies be planning for 2022? The leadership team from Agrowgate, a firm focused on helping mid-sized beverage companies navigate procurement and supply chain issues, joins Brewbound Frontlines to discuss the issues now facing beverage makers and strategies for working through them.
The Reyes Beer Division will acquire “substantially all the assets” of Powers Distributing in Lake Orion, Michigan, the company announced today. The Powers deal will add about 5.7 million cases to Reyes’ business.
BrewDog USA, the Columbus, Ohio-headquartered offshoot of the Scottish craft beer maker, has added three new executives to its sales and marketing ranks, the company announced Monday. The company has tapped Marc Venegoni as vice president of U.S. sales, Greg Salzenstein as western U.S. sales director, and Erika Wojno as U.S. director of marketing.
U.S.Reps. Ken Buck (R-CO) and Al Lawson (D-FL) sent a letter to Attorney General Merrick Garland last week, asking the Department of Justice (DOJ) to review competition in aluminum pricing.
The Voodoo Ranger franchise now accounts for 65% of New Belgium’s business. CEO Steve Fechheimer again highlighted the shift in the Fort Collins, Colorado-headquartered craft brewery’s priorities during the National Beer Wholesalers Association’s (NBWA) annual meeting last week.
Westbrook, Maine-based Mast Landing Brewing will transition from Night Shift Distributing (NSD) to Homegrown Distribution (HGD) for its Massachusetts distribution, effective October 16.
Three quarters into 2021, craft beer dollar sales in off-premise retailers have declined -7.1% year-to-date through October 2 and that negative trend is mostly accelerating, according to a report from Bump Williams Consulting (BWC). Craft beer dollar sales declined -12.7% in Q2 and improved slightly to -12.5% in Q3, but there have been “no major improvements since cycling COVID,” BWC wrote
Doubling down in 2022 was the theme of yesterday’s Heineken USA (HUSA) national sales meeting. HUSA’s leadership team, including CEO Maggie Timoney, stressed the message as their big ask of their wholesaler partners next year. Timoney shared that the company has posted consistent share growth over eight months. “Heineken is back. Dos Equis is growing…. Read more »
All of Firestone Walker’s brand platforms have new news in 2022, including new IPAs, more cans, fruited beers and even a hard seltzer.
With national sales meetings and annual business plan presentations ongoing, the Brewbound team reconvenes to discuss new products on the way from major craft producers Sierra Nevada and Firestone Walker — including a lifestyle tea brand, fruit beers and a hard seltzer.
As craft-focused wholesaler Night Shift Distributing (NSD) winds down operations in Massachusetts, non-alcoholic brewer Athletic Brewing will transition to the Sheehan Family Companies in the Bay State, effective October 18.
Uber has completed its acquisition of the alcohol delivery platform Drizly for $1.1 billion, consisting of 18.7 million shares of Uber common stock, plus cash.
