On-premise beer performance held strong last weekend (March 24-27) – a week after elevated St. Patrick’s Day sales – with a +4.1% increase in rate of sale (ROS) nationally compared to the prior period (March 10-13), according to the market research firm BeerBoard.
A bill introduced in the New Jersey state Senate last month proposes the creation of a new tax class for flavored malt beverages (FMBs). The bill would tax FMBs at $4.40 per gallon, far closer to New Jersey’s rate for distilled spirits ($5.50 per gallon) than for beer ($0.12 per gallon).
Ball Corporation and Carlsberg joined Heineken N.V. today in announcing plans to exit their business in Russia.
OldKnow Beverage Co. launched Verte Absinthe Spirited Seltzer last month, an absinthe-based ready-to-drink canned cocktails (RTD) that the Rabun Gap, Georgia-based company believes is the first on the market.
Citing shock and sadness due to Russia’s intensifying war on Ukraine, Heineken N.V said today that it will exit its business in Russia and no longer have a presence in the country. “Following the previously announced strategic review of our operations, we have concluded that Heineken’s ownership of the business in Russia is no longer… Read more »
A federal jury has awarded Stone Brewing $56 million in its trademark infringement lawsuit against Molson Coors Beverage Company, according to Courthouse News Service.
Cleveland-headquartered Great Lakes Brewing Company has hired long-time Boulevard Brewing brewmaster Steven Pauwels as its first chief operations officer, the company announced Thursday. Pauwels’ first day with Great Lakes will be April 4, a Great Lakes spokesperson shared with Brewbound.
In closing arguments Wednesday of Stone Brewing’s trademark infringement case against Molson Coors, the San Diego craft brewery’s attorney Noah Hagey urged jurors to award his client $216 million, according to Courthouse News Service.
The Modelo brand family tree sprouted some new branches this month as the top-selling beer in Constellation Brands’ portfolio pushes further into the beyond beer segment and seeks to expand its consumer base. Modelo has added one new flavor – Naranja Picosa – to its Chelada line extension nationwide, added 12-packs of Limón Y Sal… Read more »
Pennsylvania-based Broken Goblet Brewing, Trauger Brewing and Lucky Cat Beer Co. are merging their operations to form the Mutual Respect Brewing and Distilling Collective.
Craig Purser, president and CEO of the National Beer Wholesalers Association, previews his trade organization’s agenda for its upcoming Legislative Conference in Washington, D.C. Purser breaks down the NBWA’s 2022 legislative priorities, discusses the U.S. Treasury Department’s report on competition in the alcoholic beverage industry, and shares his thoughts on what will be on beer wholesalers’ trucks in the next five years.
The trademark infringement trial between Stone Brewing and Molson Coors continues to grind along with more revelations daily via Courthouse News Service’s coverage. Highlights in recent days from the trial included testimony from Stone co-founder Steve Wagner and Molson Coors’ archivist.
Boston Beer Company senior VP of supply chain Quincy B. Troupe will exit the company on April 1, according to a separation agreement filed with the U.S. Securities and Exchange Commission. Fort Bragg, California-headquartered North Coast Brewing Co. has named Chris Hudson its national key accounts director. Detroit, Michigan-based, Molson Coors-owned Atwater Brewery has appointed Katy McBrady as its president, effective April 4, following the departure of former president and owner Mark Rieth in December.
Rep. Earl Blumenauer (D-OR) hosted a virtual listening session Tuesday with other members of Congress and a handful of bar and restaurant owners to discuss replenishment of the Restaurant Revitalization Fund (RRF).
