Despite inflationary pressures, more than three-quarters of consumers (76%) are still visiting bars and restaurants more than or as often as usual, according to market research firm CGA.
The main stage show at Molson Coors’ 2022 distributor convention officially kicked off earlier this week with company leaders sharing how the revitalization plan launched three years ago is working. Molson Coors CMO Michelle St. Jacques gave a high-energy speech, while channeling the wisdom of a Nashville icon, Dolly Parton.
Dollar sales of non-alcoholic beer, wine and spirits at off-premise retailers have more than doubled in the last three years, according to market research firm NielsenIQ. In 2019, non-alc versions of traditional beverage-alcohol products earned $178.7 million at off-premise retailers. In the 52 weeks ending August 20, their dollar sales reached $395.2 million, according to IRI.
The Brewbound Pitch Slam, presented by Ollie, returns to the Brewbound Live business conference on November 29 + 30 in Santa Monica, California. The annual competition provides an opportunity for startups within the beer, cider, hard seltzer, hard tea, hard coffee, and alcoholic kombucha segments to share their story, pitch their product, and generate awareness within the industry.
Pilot Project, a Chicago-based brewery incubator, has closed a $8 million seed round, led by the Chicago investment group InvestBev.
New Orleans-based Faubourg Brewing Company has merged with Made By The Water (MBTW), a southeast-based portfolio company, with the plan “to be one of the largest craft beer producers in the United States.”
Ball Corp., the world’s largest manufacturer of aluminum beverage cans, has sold its business in Russia to the Arnest Group for $530 million.
The California Craft Brewers Association’s Lori Ajax and Chris Walker discuss a pair of bills awaiting the governor’s signature that would benefit the state’s craft brewers. Those bills — expanding the number of satellite locations and bonafide eating places, and adding on-sale privileges — were among the CCBA’s priorities this year. Ajax and Walker also dish on middle tier consolidation, direct-to-consumer sales, supply chain issues and much more.
Ready-to-drink beverage-alcohol (RTDs) has crossed into every alcoholic-beverage category, with spirits-based and wine-based RTDs, hard seltzers, flavored malt beverages (FMBs) and more.
As Molson Coors leaders gather in Nashville this week for the company’s annual distributor convention, union workers at the Milwaukee production facility are picketing the lack of a three-year contract extension and threatening to strike, WDJT Milwaukee reported.
In part 2 of this Brewbound Voices series piece, CODO Design’s Isaac Arthur and Cody Fague examine the role of the parent brand in Brand Architecture.
Even with up to 500,000 barrels of beyond beer capacity coming online next year, Sierra Nevada’s priorities heading into 2023 are continuing to fuel the growth of Hazy Little Thing and strengthening the iconic Pale Ale brand, company leaders recently shared with Brewbound.
Ohio Eagle Distributing has a deal in place to acquire Anheuser-Busch InBev’s (A-B) AB ONE distribution operations in Lima, Ohio.
Ball Corp. may be backing away from its five truckload per SKU minimum order quantity for printed cans, according to a communication obtained by Brewbound between a can broker and a brewery.
