A Washington, D.C. Circuit court panel sided with Albertsons on Tuesday refusing to impose an emergency pause on the grocery chain’s planned $4 billion shareholder dividend filed in the court a month and a half ago.
Kirin Holdings, parent company of the Lion Little World Beverages platform that includes New Belgium Brewing and Bell’s Brewery in the U.S., is on the hunt for more production capacity in North America to keep up with sales, Reuters reported this week.
A year after its founding, the Adult Non-Alcoholic Beverage Association (ANBA) has more than doubled its membership to more than 90 beverage companies across beer, wine and spirits.
The Brewbound team and Insider newsletter writer Sean McNulty discuss the most-read stories on Brewbound.com in 2022, including the sale of Stone Brewing to Sapporo, the annual Brewers Association rankings of the top craft breweries by volume, and more.
It’s no surprise that Brewbound readers in 2022 sought out information on the year’s biggest craft brewery sale: the acquisition of Stone Brewing by Japanese brewing giant Sapporo. Brewery deals are always among the most-read stories on Brewbound. However, the sale wasn’t the only thing keeping the San Diego craft brewery in the news in 2022. We’ve rounded up the 10 most-read stories of 2022.
U.S. brewers have now shipped fewer barrels of beer in nine of 11 months this year, with the November 2022 domestic tax paid estimate down -4% compared to November 2021, according to the Beer Institute, citing the latest figures from the Alcohol and Tobacco Tax and Trade Bureau.
Beyond beer, the fourth category, progressive adult beverages – it goes by different names, but the one thing the beverage-alcohol industry can agree on is that it is too important to ignore.
Leaders representing 22 independent wholesalers submitted comments to the U.S. Department of the Treasury and the Alcohol and Tobacco Tax and Trade Bureau (TTB) Thursday, expressing concern over the marketing and sale of bev-alc products co-created by large soft drink companies such as PepsiCo and Coca-Cola.
Washington State’s Supreme Court extended the block on Albertsons’ $4 billion special dividend payment to shareholders late last week by granting the state attorney general’s (AG)’s request for emergency injunctive relief.
Washington-based craft distiller Heritage Distilling announced this week its plans to merge with Better World Acquisition, a special purpose acquisition company (SPAC), to go public in a transaction that has a pro forma enterprise value of over $122 million. If completed, the merger will make Heritage one of the only publicly traded pure-play craft distilleries.
Brewers Association (BA) chief economist Bart Watson rounded off the trade group’s week of looking back at 2022 with a Collab Hour webinar Thursday, analyzing craft’s 2022 performance and sharing predictions for 2023.
A judge has denied Anheuser-Busch InBev subsidiary Grupo Modelo’s bid for partial summary judgment in its trademark infringement lawsuit against Constellation Brands for the company’s use of the Corona trademark for hard seltzer.