The cost of making beer is rising faster than the cost to buy beer, so what does that mean for craft brewers? Brewers Association chief economist Bart Watson discusses the options available to brewers, plus the state of the supply chain and the need for a replenishment of the Restaurant Revitalization Fund.
U.S. brewers shipped 169,154,000 barrels of beer in 2021, a 0.1% decline (-233,691 barrels) compared to 2020, according to the Beer Institute (BI), citing domestic tax paid estimates from the Alcohol and Tobacco Trade Bureau.
Boston Beer Company’s “Your Cousin From Boston” ad campaign is entering the Super Bowl LVI ad conversation once again with a regional ad buy in 13 markets.
U.S.-based Mikkeller employees elected two work environment representatives (WE reps) last week as part of the action plan that the Danish craft beer maker introduced last year following allegations from current and former employees the company and its founder Mikkel Borg Bjergsø fostered a hostile work environment.
To kick off the new year, Orange County, California-based The Bruery and Offshoot Beer Co. announced several in-house promotions as part of its 2022 goal to strengthen its distribution footprint and continue growing off-premise sales.
BrewDog co-founder and CEO James Watt is facing accusations of inappropriate behavior toward female employees and guests following his visits to the Scottish craft beer maker’s U.S. brewery and taprooms, according to BBC expose that aired Monday.
Coca-Cola’s interest in beverage alcohol continues to expand with today’s announcement of Simply Spiked Lemonade, a new line of fermented sugar cane-based alcoholic drinks developed through the soda giant’s partnership with Molson Coors Beverage Company.
Constellation Brands announced today a pair of executive leadership moves within its beer division. Jim Sabia has been promoted to EVP and president of Constellation’s beer division, effective immediately.
Tito’s Vodka maker Fifth Generation, Inc. has struck an offer in compromise (OIC) with the Department of Treasury’s Alcohol and Tobacco Tax and Trade Bureau (TTB) for $305,000, the federal agency announced Monday.
A bill in Indiana would remove restrictions on some off-premise retailers that prohibit them from selling cold beer. Towns in New Jersey are now allowed to designate areas where legal drinking age people can drink alcoholic beverages, according to NorthJersey.com.
Days after the BBC reported that Scottish beer maker BrewDog allegedly submitted false information to the U.S. Department of Treasury’s Alcohol and Tobacco Tax and Trade Bureau, keg labels for the two beers in question were surrendered. Meanwhile, the number of convenience stores operating in the U.S. stood at 148,026 in 2021, a 1.5% decline compared to the 150,274 stores in operation in 2020, according to NACS and NielsenIQ.
The challenges with procuring aluminum cans aren’t likely to let up for several years, and increased input costs are likely to bleed down to drinkers, according to David Racino, co-founder and CEO of Austin, Texas-based can supplier American Canning.
Convenience retailers expect the hard seltzer segment to grow +10% year-over-year in 2022, according to Goldman Sachs Equity analyst Bonnier Herzog’s latest “Beverage Bytes” report. Hard seltzer sales slowed to +13% at c-stores in Q4, down from +18% in Q3, +32% in Q2 and +94% in Q1 as the calendar cycled against 2020 numbers.