The health of the beer category is the top concern across all distributor networks “by a significant margin,” per a biannual survey conducted by the National Beer Wholesalers Association (NBWA), president and CEO Craig Purser shared in his remarks during the opening General Session of the trade group’s 2023 Annual Convention.
The Coca-Cola Company is “not here to crash [beer distributors’] party,” Dan White, Coca-Cola, North America chief of new revenue streams, said in a fireside chat with National Beer Wholesaler Association (NBWA) president and CEO Craig Purser Monday during the NBWA’s annual convention.
The average price of 12 oz. equivalent (EQ) at U.S. bars and restaurants has increased +10.2% in the last 52 weeks (ending August 12) versus the previous 52-week period, according to CGA, an NIQ-powered on-premise market research firm.
Happy Thursday! No, we haven’t mixed our days up. Happy Thursday is a new spiked refresher from Molson Coors, announced today.
Sierra Nevada Brewing Company chief commercial officer Joe Whitney will retire, effective January 5, 2024, according to a message shared by Ken Grossman late Friday.
Non-alcoholic offerings and variety packs were common threads in the 2024 brand plans across the Duvel USA family, which the company’s leadership presented to wholesalers via livestream Thursday. In a very meta pre-recorded video, EVP of sales and marketing Bobby Dykstra hosted a TV watch party for Duvel USA’s leadership team, which consisted of brand… Read more »
Ten months into his tenure as Beer Institute (BI) president and CEO, Brian Crawford said the trade organization and the overall industry have made many strides, but still face several challenges. Crawford cautioned that the founding principles established by the BI in 1862 – limited government intervention, lower taxes and free enterprise – are “facing headwinds” that put those organizational pillars “in danger.”
Beer continues to record declines in the off-premise, and “we have a long way to go before we see a ‘return to normalcy,’” according to Bump Williams in his monthly report for his data consulting firm, Bump Williams Consulting (BWC).
Constellation Brands continues to grow its beer business, increasing net beer sales +12% year-over-year (YoY) in Q2 of fiscal year 2024 (+$253 million), to more than $2.39 billion.
Non-alcoholic (NA) craft maker RationAle Brewing has added 70,000 barrels of production capacity via a yet-to-be-named new strategic partnership. The San Diego-based brewery also unveiled refreshed branding and packaging.
Eagle Park Brewing co-founder Max Borgardt discusses acquiring and reviving legacy brand Milwaukee Brewing Company (MKE). The Wisconsin craft brewery acquired MKE’s brands and recipes a year ago. Borgardt gives an update on the integration of the two brands and plans for the future.
Despite non-alc’s momentum, only 26% of the U.S. consumers moderating their alcohol say they are drinking no-alcohol alternatives to their favorite full-strength drinks, citing barriers around taste and lack of availability, according to a recent report from bev-alc data firm IWSR.
Eight Brewing, the producer of Eight Elite Light Lager, has added another pro to its roster – this time, a beer veteran.
Leaders from BuzzBallz, BeatBox and Stateside Vodka will share their growth stories and strategies during the Brewbound Live business conference this December in Marina del Rey.
