Craft Beer News, Events & Jobs

Brewers Association: Mid-Year Craft Volume Growth ‘Steady’ at 4 Percent

Brewers Association: Mid-Year Craft Volume Growth ‘Steady’ at 4 Percent

Halfway through 2019, volume growth for small and independent U.S. craft brewers has remained steady at 4 percent, according to data released today by national trade group the Brewers Association (BA). BA chief economist Bart Watson, in a press release, characterized craft brewers’ low- to mid-single-digit craft brewer volume growth as “a similar pattern” to recent years.

Rogue Ales & Spirits Rolls Out RTD Canned Cocktail Line

Rogue Ales & Spirits Rolls Out RTD Canned Cocktail Line

Oregon’s Rogue Ales & Spirits launched a line of ready-to-drink (RTD) canned cocktails in key markets, including the Pacific Northwest, last week. Speaking to Brewbound, Rouge’s president, Dharma Tamm, said adding canned mixed drinks to the Newport, Oregon-headquartered craft brewery’s portfolio was a “natural” extension of its business.

Rewatch All Cannabis Forum Summer 2019 Presentations

Rewatch All Cannabis Forum Summer 2019 Presentations

All presentations from Cannabis Forum Summer 2019 are now available to stream on the BevNET YouTube channel. Held in June in New York City, the industry conference brought together hundreds of cannabis curious food and beverage founders and executives to discuss and explore the present and future of the emerging market.

Last Call: Pyramid Owner Settles Lawsuit with Alehouse Staff; Manhattan Beer Distributors, Delivery Drivers Battle Over Alleged ‘Wage Theft’

Last Call: Pyramid Owner Settles Lawsuit with Alehouse Staff; Manhattan Beer Distributors, Delivery Drivers Battle Over Alleged ‘Wage Theft’

In this week’s edition of Last Call: Pyramid owner FIFCO USA settles a lawsuit with its Alehouse staff; Manhattan Beer Distributors and its delivery drivers battle over alleged ‘wage theft;’ Left Hand enters the CBD-infused, non-alcoholic drink market; New Delhi bans A-B InBev for three years; and more news bites.

Beer Industry Raises Among the Highest in CPG, According to Recruiting Firm’s Survey

Beer Industry Raises Among the Highest in CPG, According to Recruiting Firm’s Survey

Average annual raises in the beer industry rank among the highest in the consumer product goods industry, according to recruiting firm ForceBrands’ latest “Beer Talent Market Report.” The New York-based firm’s survey of 111 beer industry professionals — including C-level executives, directors and presidents– found that the beer industry’s average annual raise of 12 percent outpaces the CPG industry average by 2 percent.

Tickets Still Available for the 2019 Great American Beer Festival

Tickets Still Available for the 2019 Great American Beer Festival

Tickets for the 2019 Great American Beer Festival (GABF) are still available a day after going on sale to the public, despite the event’s history of quick sell outs. The slowdown in ticket sales for the Brewers Association’s (BA) largest consumer-facing event of the year, which takes place October 3-5 at the Colorado Convention Center in Denver, comes as craft beer volume growth has slowed to single digits over the last four years.

Molson Coors Revenue Down 3 Percent Halfway Through 2019

Molson Coors Revenue Down 3 Percent Halfway Through 2019

Molson Coors released its second-quarter financial results today, but following news of a shakeup at the top of the company, the focus of the multinational beer manufacturer’s call with investors and analysts was on the future direction of the company.

Molson Coors CEO Mark Hunter to Retire; MillerCoors CEO Gavin Hattersley Named Successor

Molson Coors CEO Mark Hunter to Retire; MillerCoors CEO Gavin Hattersley Named Successor

Molson Coors today announced that CEO Mark Hunter will retire effective September 27, according to a press release issued prior to its second quarter earnings call. Gavin Hattersley, the long-time CEO of Molson Coors’ U.S. business unit, MillerCoors, will supplant Hunter as president and CEO effective September 28.

Massachusetts Supreme Judicial Court Overturns Total Wine Pricing Victory

Massachusetts Supreme Judicial Court Overturns Total Wine Pricing Victory

The Massachusetts Supreme Judicial Court last week overturned a lower court ruling that would have allowed retailers to offer discounts on alcoholic beverages purchased in bulk. The order comes two years after Maryland’s Total Wine & More (doing business as Massachusetts Fine Wines & Spirits LLC) successfully challenged the law.

IRI: Beer Sales Up 3.5 Percent Through Mid-July

IRI: Beer Sales Up 3.5 Percent Through Mid-July

Year-to-date beer category dollar sales are up 3.5 percent, to nearly $19.5 billion, in off-premise retailers tracked by market research firm IRI. According to the Chicago-based firm, three segments — imports (+5.9), flavored malt beverages (+27.7 percent) and domestic super premiums (+12.6 percent) — have achieved nine-figure sales growth through July 14 in its multi-outlet and convenience store universe. In fact, dollar sales of FMBs, including popular hard seltzers, have topped $1.9 billion so far this year.

Boston Beer Company Depletions, Shipments Up 17 Percent in Q2

Boston Beer Company Depletions, Shipments Up 17 Percent in Q2

Boston Beer Company reported second-quarter depletions (sales-to-retailers) and shipments (sales-to-wholesalers) growth of 17 percent, according to financial results issued after the end of trading today. Through the first 26 weeks of 2019, Boston Beer’s depletions (+15 percent) and shipments (+23 percent) are up due to its Truly Hard Seltzer and Twisted Tea brands.