NielsenIQ Acquires On-Premise Data Firm CGA
Two of the biggest names in beverage-alcohol data are joining forces. Global data giant NielsenIQ announced today it has acquired on-premise data firm CGA, in which it initially invested in 2009.
Two of the biggest names in beverage-alcohol data are joining forces. Global data giant NielsenIQ announced today it has acquired on-premise data firm CGA, in which it initially invested in 2009.
Cowen is lowering its fiscal year 2023 estimates for Boston Beer Company, analyst Vivien Azer wrote in a report today, noting the financial services firm has become “increasingly skeptical” that Boston Beer will meet its guidance of +4%-+10% shipment and depletion growth.
In the on-premise channel, bars and restaurants have earned more than $12,000 on average from the sale of cocktails in the first quarter of 2022, compared to the 12 weeks that ended October 22, reported CGA, which focuses on on-premise retail occasions.
The buyer of Cincinnati Beverage Co. (CinBev) and its portfolio of craft beer brands has finally come forward.
A judge has ruled in favor of Anheuser-Busch InBev and dismissed the deceptive advertising lawsuit Molson Coors (then-MillerCoors) filed against the world’s largest beer manufacturer over its 2019 Super Bowl campaign.
Denver’s Great Divide Brewing Company rolled out a brand refresh last week that gives the 28-year-old craft brewery’s 12 oz. 6-packs a more unified look on store shelves, founder Brian Dunn told Brewbound.
Beverage-alcohol industry veteran Rich Andrews has been appointed president of Mark Anthony Wine & Spirits, a Toronto, Canada-based import and distribution arm of the Mark Anthony Group, according to his LinkedIn profile.
Ready-to-drink canned cocktails’ (RTDs’) share of Drizly sales passed hard seltzer’s share for the first time over the weekend (May 27-30), as consumers celebrated Memorial Day.
Convenience channel growth decelerated to 1.7% in the first quarter of the year, underperforming all other retail channels, according to market research firm IRI’s “The Convenience Store Landscape Q1 2022” report released this week.
David Bower, former president and CEO of Upland Brewing Co., spoke to Brewbound last month to discuss his new role as VP of sales for Wildpack Beverage, a national beverage co-packer and packaging supplier.
Seattle-based Ghostfish Brewing Company is expanding to the East Coast. The dedicated gluten-free brewery is in the process of opening a production facility in Westfield, New York, about 60 miles west of Buffalo, to supply markets east of the Mississippi River.
Ryan Burk has joined Feel Goods Company, parent company of Good Beer Hunting, as co-founder following his departure from Boston Beer last month. At Feel Goods, a marketing and innovation studio focusing on beverages, Burk will work alongside co-founder Michael Kiser to create programming for new clients and work on brand development for existing ones.
Ready-to-drink canned cocktail maker Crook & Marker has confirmed the elimination of positions in its salesforce, according to a company spokesperson. The spokesperson declined to share the specific number of jobs that were eliminated.
Live Oak Bank filed an objection today in the Orange County Superior Court of California, contesting the jurisdiction of the court to relieve debts owed by Modern Times Beer to Live Oak, as well as the sale of assets at Modern Times’ flagship Anaheim location, as part of the sale of the San Diego craft brewery.