Nearly 20-year-old Georgetown Brewing has only been packaging its beer for a little more than a quarter of its life, and although cans buoyed the brewery during the pandemic, they’re a distant second priority to draft in terms of sales and production.
The outlook for beer may be more positive than headlines make it seem. That was the message from beer economy experts Monday during Beer Marketer’s Insights’ 2022 Beer Insights Seminar in New York City.
Channel Marker Brewing will pay homage to its seaside hometown of Beverly, Massachusetts, with its new name: Coastal Mass Brewing. The name change comes from the discovery that another brewery was using the name Channel Marker for one of its beers.
Ahead of last week’s midterm elections, the Brewers Association’s (BA) federal and government affairs teams shared the trade group’s 2023 legislative priorities during a “Collab Hour” webinar.
A judge from Washington State has extended the temporary block on a $4 billion payout to Albertsons’ shareholders in an effort to halt the cash dividend until the grocery giant’s proposed merger with Kroger can be fully reviewed by federal regulators. Judge Ken Schubert of King County Superior Court last week extended the temporary restraining order (TRO), now effective until Nov. 17.
Starting in December, Stone Distributing will once again sell San Diego-headquartered Coronado Brewing Company’s portfolio of brands in Southern California, after several years apart.
Did you know that no one pours more draft beer than Buffalo Wild Wings? Or that Whole Foods is dedicated to featuring craft beer in its sets? Decision makers from both establishments will share how brewers can sell more beer in 2023 during the Brewbound Live business conference November 29 and 30 in Santa Monica, California.
Trade groups across beer and spirits continue to fight over whether spirits-based, ready-to-drink canned cocktails (RTDs) should be taxed at the same as malt-based alternatives. The argument came to a head this month when Public Sector Consultants (PSC), a Lansing, Michigan-based public policy consulting firm, released a study claiming decreased excise tax rates for spirits-based RTDs have cost consumers more on shelf.
The deals came in a rush this week. It started Monday, as Canadian cannabis firm Tilray acquired Montauk Brewing Company in New York, adding another contract brewed brand to its growing beer portfolio of Atlanta’s SweetWater Brewing and San Diego-founded Green Flash and Alpine Beer Co.
The Consumer Price Index (CPI) for beer away from home increased +7% in October 2022 compared to October 2021, the largest price increase ever recorded for the category, according to the Bureau of Labor Statistics (BLS).
How can you work better with your wholesaler partners? Gain more share of mind? Or gain a better understanding of the products they’re looking to carry? Jessica Muskey, the Reyes Beer Division’s VP of craft and innovation, and Jeff Hansson, the co-founder and CEO of Scout Distribution, will share strategies during the Brewbound Live business conference at the Loews Santa Monica Beach Hotel on November 29 and 30.
Members of the California Family Beer Distributors (CFBD) gathered for the first time last week in Palm Desert, California, to discuss goals and highlight their differences from the Reyes Beer Division. “The members in this room are independent family-owned beer distributors,” CFBD executive director Kevin Luckey said in his opening address.
Alpine, Wyoming-based Melvin Brewing didn’t have to look far to find a buyer. Brewbound has learned that Jackson, Wyoming-based Roadhouse Brewing has signed a purchase agreement to acquire Melvin and its operations.
Canadian cannabis firm Tilray’s acquisition of New York’s Montauk Brewing Company brings together a lifestyle-minded acquirer and a craft brand with a vibe. “We really saw ourselves as more than just craft beer,” Montauk general manager Terry Hopper told Brewbound.