Convenience stores represent the next big opportunity for ready-to-drink cocktails, according to a new report from NIQ. Convenience dollar share for RTDs is up 14.6% since last year, per NIQ data shared this month at NACS.
A vote to formalize the Brewing Union of Georgia (BUG) among employees at Athens, Georgia-based Creature Comforts Beer Co. has failed. The results of the election, which took place on October 3, were 21 votes in favor and 32 against, Creature Comforts told Brewbound, noting that the company was “pleased, but not surprised” by the results.
Adam Bankovich, the new CEO of Cincinnati’s Rhinegeist Brewery, will give the keynote address at the 2023 Brewbound Live business conference December 6 + 7 in Marina del Rey, California.
Boston Beer Company has filed a complaint against Downeast Cider and a former employee who now serves as the Boston-based cider maker’s SVP of marketing.
The Brewbound team reconvenes and debriefs following the National Beer Wholesalers Association’s Annual Convention. Zoe and Justin give a field report on the convention, including the issues at the forefront of wholesalers’ minds, the products sampled on the floor and the vibe at the Alliance for Women in Beer and BREW Making Moves event.
Early registration pricing expires this Saturday, October 21, for Brewbound Live Winter 2023, taking place on December 6 + 7 in Marina del Rey, CA. Register now and save $100 per registration (Insiders save $200!).
Cincinnati’s Rhinegeist Brewery has named Adam Bankovich as CEO and promoted several other leaders internally. Bankovich, who had served as interim CEO since late April, was promoted to CEO effective October 13.
Nationwide on-premise sales have flattened after a slight downward tick, market research firm NIQ’s on-premise data arm CGA reported. Sales velocity declined -1% in the week ending September 30 and remained flat in the week ending October 7, CGA reported.
Massachusetts-based Quality Beverage has filed a lawsuit against Constellation Brands, alleging the bev-alc giant has interfered with its pending sale to wine and spirits wholesaler Martignetti Companies.
Diageo is set to introduce a new line of premium ready-to-serve cocktails that leverage the strength of some of its best-known labels into the soaring category.
Scan data through Q3 showed a “slightly more promising outlook for craft,” according to Bump Williams Consulting (BWC) in the firm’s quarterly craft report. Craft dollar sales growth in NIQ-tracked off-premise channels (total U.S. xAOC + liquor plus + convenience) is now flat year-to-date (YTD) through September 30.
Aiming to appeal to consumers looking to moderate their consumption, Southern California-based Passion Tree Hard Seltzer rolled out “mini” 7.5 oz. cans in a variety 10-pack and two single-flavor 6-packs this week in Target stores across California, Florida, Texas, New York and Illinois.
The Coca-Cola Company is taking another step into the beverage alcohol market, announcing today the launch of a global partnership with spirits conglomerate Pernod Ricard to introduce Absolut Vodka & Sprite as a ready-to-drink pre-mixed cocktail in 2024.
Industry members heard numerous calls for beer to fight against threats from spirits this week during the National Beer Wholesaler Association’s (NBWA) Annual Convention in Las Vegas.
