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Pernod Ricard Appoints New North America CEO

Pernod Ricard Appoints New North America CEO

Pernod Ricard announced new leadership today for its North America business. Conor McQuaid, will take the helm as CEO of Pernod Ricard North America at the start of the new year.

Outfoxing The Competition: Foxtrot and Dom’s Kitchen Plan Merger

Outfoxing The Competition: Foxtrot and Dom’s Kitchen Plan Merger

The Chicagoland grocery industry got a little more interesting today with the announcement that modern convenience chain Foxtrot and natural grocery chain Dom’s Kitchen & Market will be merging in an all-stock deal that will create a new holding company called Outfox Hospitality.

BeerBoard: Drinksgiving Takes Another (But Smaller) Hit

BeerBoard: Drinksgiving Takes Another (But Smaller) Hit

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.

Appellate Court Rules in Favor of Boston Beer in 2021 Shareholder Lawsuit

Appellate Court Rules in Favor of Boston Beer in 2021 Shareholder Lawsuit

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 »

Federal Trade Commission Tells Court Total Wine ‘Relies on Hyperbole,’ Demands CID Enforcement

Federal Trade Commission Tells Court Total Wine ‘Relies on Hyperbole,’ Demands CID Enforcement

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 »

Brewbound Podcast: All the News Before Thanksgiving/Drinksgiving/Blackout Wednesday

Brewbound Podcast: All the News Before Thanksgiving/Drinksgiving/Blackout Wednesday

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.

Data: Bev-Alc Sales Steady, Spirits Volumes Dip

Data: Bev-Alc Sales Steady, Spirits Volumes Dip

Total BevAlc sales growth improved slightly with volume performance up across beer, flavored malt beverage, cider and hard seltzer, while dipping negative on sequential basis in wine and spirits categories during the two-week period that ended November 4, according to an analysis of NielsenIQ data by Goldman Sachs Equity Research.

Tree House Shareholder Suing Co-Owners for Misuse of Company Funds, Lack of Shareholder Transparency, and More

Tree House Shareholder Suing Co-Owners for Misuse of Company Funds, Lack of Shareholder Transparency, and More

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 »