On-premise value velocity increased +6% nationally in the week ending June 25 compared to the week before, continuing “similar seasonal patterns” to previous years, the market research firm CGA reported today.
Atlanta-headquartered Monday Night Brewing will set up shop in North Carolina next year, when it opens a new taproom and expands distribution in Charlotte, the company announced today.
Indeed Brewing Company will release two new offerings next month, diving head first into a new category outside of beverage alcohol: cannabis.
Following the New Jersey Division of Alcoholic Beverage Control’s (NJABC) move to enforce special conditions that restrict craft breweries’ ability to host events and offer food, state Sen. Michael Testa has announced he will introduce a bill to counter the restrictions.
Two St. Louis craft breweries are forming a partnership. Schlafly Beer and non-alcoholic beer maker WellBeing Brewing Co. announced a joint venture Thursday that will see Schlalfy manage sales and production of WellBeing’s brands while also working with the company’s existing contract brewing and distribution partners.
Anheuser-Busch InBev has struck a deal to sell its Oakland, California-based wholly owned distributor to two independent wholesalers, Markstein Sales Company and Matagrano, Inc.
Another financial services firm has lowered Boston Beer Company’s stock (SAM). RBC Capital Partners today downgraded the company’s stock from an “outperform” rating to “sector perform.”
The sale of Modern Times took another turn Thursday with the ultimate acquirer of the San Diego brewery still in question.
Weeks after a partial roof collapse at Buoy Beer Company’s facility in Astoria, Oregon, the company has resumed beer production and operations of its restaurant, as well as opened a summer pop-up pub.
The Brewbound team regroups after the July 4 holiday weekend to discuss the potential sale of Melvin Brewing, the success of Russian River’s Pliny the Younger release, the death of Boston Beer’s Long Drink wannabe Bevy, early read Fourth numbers from Drizly and much more.
Pernod Ricard announced last week the launch of The American Whiskey Collective, a new business unit dedicated to the company’s American whiskey portfolio that will pursue growth by investing in the “new fashioned” brands’ innovation, according to the division’s newly appointed head, Craig Johnson.
Figueroa Mountain Brewing Co. has taken over operations of three Los Angeles brewpub properties from Artisanal Brewers Collective (ABC), and will convert each into specialty Figueroa Mountain taprooms, the Buellton, California-based brewery announced June 17.
New Jersey craft breweries are “disheartened” after the state Division of Alcoholic Beverage Control (NJABC) moved forward on July 1 with special conditions for brewery license holders that limit brewers’ ability to host food trucks and events or sell beverages not produced on site, among other privileges.
Bang Energy maker Vital Pharmaceuticals’ motion to vacate a $175 million arbitration award was denied last week, clearing the way for Orange Bang and Monster Energy Company to collect damages plus a 5% royalty on all future net sales of Bang-branded products.
