The rumored tie up between Constellation Brands and energy drink maker Monster Beverage is progressing and a deal could be completed in the coming weeks, according to a Bloomberg report.
San Diego, California-based Modern Times Beer announced Monday that it will be closing its locations in Portland, Oregon; and Oakland, Santa Barbara and Los Angeles, California; citing financial strain from the COVID-19 pandemic and “global declines in the craft beer industry.”
Hair of the Dog Brewing Company founder Alan Sprints announced today that he plans to retire and shut down the 29-year-old, Portland, Oregon-based craft brewery later this year.
Super Bowl watchers consumed +41% more draft beer at bars and restaurants tracked by BeerBoard than they did in 2021, the on-premise data firm announced.
Hi-Wire Brewing’s third new taproom planned for 2022 will open “late this summer” in Birmingham, Alabama, the company announced this week. San Francisco-based Woods Beer & Wine Co. plans to open two new taprooms in Treasure Island and San Anselmo, as well as being distilling, according to the San Francisco Chronicle.
January started predictably slow for beer category sales in off-premise retailers. Beer category dollar sales declined -7.4% year-to-date through January 23 in multi-outlet and convenience stores tracked by market research firm IRI.
Anheuser-Busch InBev (A-B) released Cutwater Spirits’ “Here’s to the Lazy Ones” commercial Friday – the first national Super Bowl spot for the ready-to-drink (RTD) canned cocktail-maker.
During an earnings call today, PepsiCo’s CEO said the soft drink giant is open to licensing brands to beer manufacturers.
Former MLB All-Star Adrián González has been named co-founder of the Los Angeles-based Mexican-style beer brand, Calidad Beer.
Convergence is all the rage as big beverage companies (Pepsi, Coca-Cola, Monster) dive into bev-alc and lean into becoming “total beverage” producers.
The Brewers Association (BA), Massachusetts Brewers Guild (MBG) and Beer Distributors of Massachusetts (BDMA) have filed an amicus memorandum in support of the Bay State’s franchise reform law.
Visalia, California-based Bueno Beverage Company will lay off 43 of its 160 employees next week following the announcement of Constellation Brands’ termination of the Anheuser-Busch InBev-aligned wholesaler.
Atlanta-based SweetWater Brewing Company has partnered with Reyes Beer Division to expand distribution across California.
The Treasury, in conjunction with the U.S. Department of Justice (DOJ) and Federal Trade Commission (FTC), issued a 64-page report along with several recommendations that it said would “better level the playing field for small businesses and new marketplace entrants by enforcing existing laws that promote competition and modernizing outdated alcohol regulations.”
