Grocery market competition, price reduction strategies for consumers, a sustainable plan for necessary divestments and the potential impact on the companies’ combined workforce were key points of contention as the CEOs of Kroger and Albertsons Companies each appeared before the Senate Judiciary Antitrust Committee last week to face tough questions about their companies’ proposed $24.6 billion merger.
The beer category’s “level set” expected at the start of 2022 never materialized, and the industry now needs to look to the future and stop benchmarking against the last couple years, Mary Guiver, global principal category merchant for beer at Whole Foods, shared last week during the Brewbound Live business conference in Santa Monica, California.
Keurig Dr Pepper (KDP) has entered a strategic partnership with C4 Energy producer Nutrabolt and will invest $863 million for a 30% ownership stake in the brand, along with distribution rights, the company announced today.
Consumer trends of premiumization, convenience, flavor, and health and wellness continue to drive shopping behavior in both the on- and off-premise channels, experts from NielsenIQ reported during a webinar this week.
Jet lagged but (mostly) unbroken, the Brewbound team regrouped following the Brewbound Live business conference to recap the event. Jess, Zoe and Justin share their favorite parts of the event and recount the latest news stories.
A U.S. District Court Judge has tossed out a proposed class-action lawsuit filed by an investor against the Boston Beer Company alleging the maker of Truly Hard Seltzer and its top executives failed to disclose decelerating sales of the hard seltzer brand to investors, Law360 reported.
“What do you think?” Asking your teams for their feedback can unlock a new level of engagement with your workforce, Carrie Yunker, Bell’s Brewery executive vice president, shared with business leaders and entrepreneurs during Brewbound Live’s keynote address last week in Santa Monica, California.
Scottish craft beer maker BrewDog is no longer B Corp certified, less than two years after earning the status, The Guardian reported Thursday.
As products made through its beverage-alcohol licensing partnerships gain steam at retail, Coca-Cola has agreed to share profits from those brand extensions with U.S. bottlers, Beverage Digest reported.
Austin Beerworks has purchased 64 acres of land in Austin, Texas, which will be the future home of “Austin Beerworks’ world headquarters,” the company announced last month.
Bump Williams Consulting shared the results of its year-end “3-Tier Growth Strategies” survey last week, providing a window into the thinking of brewers, wholesalers and retailers. The survey is centered around one question: “What are your top 1-3 growth initiatives over the next two years?”
Cleveland, Ohio-based Saucy Brew Works has acquired Cartridge Brewing for an undisclosed sum, the company announced Thursday.
With premiumization showing no signs of slowing, Anheuser-Busch InBev’s High End leaders are focusing on key import, lifestyle and craft brands in 2023.
The CEOs of Kroger and Albertsons Companies, Rodney McMullen and Vivek Sankaran, respectively, faced intense criticism from the Senate Judiciary Antitrust Subcommittee during a hearing Tuesday regarding their plans to execute commitments outlined in the proposed merger agreement.
