December brought another mixed (gift) bag of results for top beer vendors in off-premise scans, according to data from market research firm Circana. Ten of the top 25 beer vendors recorded YoY dollar sales growth in Circana-tracked off-premise channels in the L4W.
Check out these news items that were initially reported in the Brewbound Insider Newsletter January 12-14, including headlines from Molson Coors, Anheuser-Busch, Oskar Blues and more.
In the post-pandemic era of off-premise reliance, total beverage consumer habits and inflated costs of goods, craft brands have had to reevaluate their business strategies and band together to help return the segment to growth.
Three beer segments were able to find growth in the tumultuous year that was 2025, according to the latest monthly report from market research firm Circana.
The cost of an evening out continues to rise. The consumer price index (CPI) for a full service meal (+4.9%) and alcoholic beverages (+3.5%) away from home increased more than overall inflation (+2.7%) in December, according to the U.S. Bureau of Labor Statistics’ (BLS) latest CPI report.
An Indiana congressman has proposed legislation to push back the upcoming hemp ban for three years, allowing more time to carve out a regulatory framework for hemp products.
Reyes Beverage Group is “in active discussions” with Republic National Distributing Company (RNDC) “regarding potential business transactions” in six states, as well as Washington, D.C., a spokesperson confirmed to Brewbound today.
The Michael James Jackson Foundation for Brewing & Distilling (MJF) has awarded scholarships to seven bev-alc industry members, making up the 10th cohort of awardees from the nonprofit group.
Domestic beer’s volume losses continued in November with a 3.6% decline in shipments, according to data from the Beer Institute (BI). Tax paid shipments from U.S. breweries declined by 371,854 barrels year-over-year (YoY), to an estimated 10 million barrels, according to data from the Alcohol and Tobacco Tax and Trade Bureau (TTB), the BI shared Monday.
December sales reversed trends in different directions – mostly positive – among the top 30 craft brands tracked by market research firm Circana. While overall craft sales were squarely in the red in the multi-outlet grocery, mass retail and convenience stores (MULO+C) and grocery channel last month, the segment eked out growth in the convenience channel in both dollar sales (+3.7%) and volume (+1.8%) for the four-week period (L4W) ending December 28.
Seattle Cider’s production facility and taproom will close next month, the company announced today in a press release officially announcing the sale of the Seattle Cider brand to fellow Pacific Northwest craft cider 2 Towns Ciderhouse.
Welcome to Brewbound’s Inside Look at the Beer Business for the week that was Saturday, January 10, 2025. Hopefully everyone’s resolutions are going well so far …