One day after New York City announced proof of vaccination will be required for indoor dining and drinking at bars and restaurants in the city, Chicago-based Metropolitan Brewing instituted a similar policy.
The Brewbound Pitch Slam will take place December 8 and 10, starting at 4 p.m. EST both days. The competition is free to stream on Brewbound.com, LinkedIn, YouTube and Facebook. This year’s Pitch Slam semi-finalists include a diverse array of businesses creating products in various segments of the beer category.
The U.S. Small Business Administration (SBA) opened a portal today for Paycheck Protection Program (PPP) borrowers of loans $150,000 or smaller to apply for loan forgiveness directly from the federal agency. “The SBA’s new streamlined application portal will simplify forgiveness for millions of our smallest businesses — including many sole proprietors — who used funds… Read more »
A majority of American consumers want nutritional transparency in alcoholic beverages, according to a 2021 report from the consultancy Quadrant Strategies, released today by the national trade group the Beer Institute (BI).
New York City will require proof of vaccination to enter indoor bars and restaurants, gyms and entertainment venues for both customers and workers, Mayor Bill de Blasio announced today. The city is the first in the U.S. to institute such a requirement through what it is calling the ”Key to NYC Pass” program.
Global cannabis firm Tilray generated $513 million in net revenue — a 27% increase year-over-year — during the company’s 2021 fiscal year, which ended May 31, the company reported last week.
Dutch brewing giant Heineken N.V. reported its first half 2021 earnings today, and its U.S. business division recorded “high-single digit” beer volume growth through the first two quarters of the year.
Decorah, Iowa-based Toppling Goliath Brewing Company has expanded to multiple new markets in recent months. The 12-year-old brewery’s growing footprint is due in part to the company’s switch to what co-founder Clark Lewey described as an “on-demand” business model.
The National Beer Wholesalers Association’s (NBWA) monthly Beer Purchasers’ Index found that wholesalers are reporting smaller inventories of beer at risk of going out of code.
On-demand e-commerce retailer GoPuff has closed on a $1 billion Series H funding round, bringing the valuation of the Philadelphia-headquartered company to $15 billion; India’s United Breweries is now a part of Heineken N.V. following the Dutch brewing giant’s acquisition of a controlling interest in the maker of Kingfisher; and more news.
Wholesalers ranked Boston Beer Company and Anheuser-Busch InBev first and second in most categories in Tamarron Consulting’s annual survey of distributors’ perception of key beer industry suppliers.
Shipyard Brewing has appointed David Phillips as chief operating officer; Joe Heaton will depart the Beer Institute after serving as senior director of federal affairs for the national trade organization; and Constellation Brands has appointed Liz Lopez as VP of public affairs to lead on issues related to cannabis policy in the U.S.
Newly appointed Anheuser-Busch InBev CEO Michel Doukeris hosted his first earnings conference call today since taking the reins earlier this month from predecessor Carlos Brito. “Throughout my 25 years at the company, I’ve had the privilege to lead our business across different regions of the world, working alongside the industry’s most talented and passionate colleagues every step of the way,” Doukeris said. “Stepping into this role, I look forward to working together with the team to collectively drive our business into this next chapter.”
Molson Coors Beverage Company CEO Gavin Hattersley stressed that the “outcomes” of the company’s 2-year-old revitalization plan are beginning to materialize. Those outcomes became frequent talking points during the company’s second quarter 2021 earnings report.
