Next Glass’ beverage alcohol tech and media empire is crossing the northern border with the company’s acquisition of Ollie Order, an omnichannel marketplace for beverage alcohol sales and a tech platform for logistics and taxation tracking that is headquartered in Vancouver, Canada.
Production workers for Ohio’s Great Lakes Brewing Company went public Sunday with an effort to form a union, with help from the United Steelworkers union.
YouTube stars the Nelk Boys are partnering with Atlantic Beverage Distributors to expand distribution of Happy Dad Hard Seltzer into Massachusetts and Rhode Island.
The westward expansion of Atlanta’s SweetWater Brewing Company under Canadian cannabis firm Tilray continues. After adding distribution in Colorado earlier this year, the company will go deeper in the Centennial State with the acquisition of a 32,450 sq. ft. production facility, taproom and restaurant in Fort Collins that previously housed the U.S. operations of Canada’s Red Truck Brewing Company since May 2017, and Fort Collins Brewery before it.
Consulting firm BW166 reported that label approvals for seltzer and seltzer-like products are accelerating, with approvals trending at 334 per month compared to the 228 per month in 2020. More than half (53%) of on-premise visitors went to a bar or restaurant during the July 4 weekend, according to CGA, an on-premise market research firm.
Brooklyn-headquartered Other Half Brewing will set up shop in the former Goose Island brewery and taproom in Philadelphia’s Fishtown neighborhood, the Philadelphia Inquirer reported earlier this week.
The river has run its course for Coors Seltzer, Molson Coors Beverage Company told wholesalers today. In a message to the company’s wholesalers this afternoon, Molson Coors chief marketing officer Michelle St. Jacques and U.S. sales president Kevin Doyle announced the company will cease production of Coors Seltzer, asking wholesalers to sell through remaining inventory.
Hard seltzer could account for 10% of total beverage alcohol sales by 2025, according to a report from financial services firm Credit Suisse. Since 2019, hard seltzer, which currently accounts for 3.5% of total beverage alcohol, has been pulling share from all three categories.
With the release of the Brewers Association’s latest consumer survey, the Brewbound team discusses what it means to be an “omni-biborous” consumer, a term coined by chief economist Bart Watson. The team dives into the survey, which found that the number of legal drinking age adults who drink craft beer has reached its highest point, as has the number of people who say they drink craft beer weekly.
More than two years after making a splashy acquisition of Houston-based Silver Eagle Distributors, Redwood Capital Investments will acquire another independent Anheuser-Busch wholesaler. This time, the private investment firm is set to acquire Pepin Distributing in Tampa, Florida, Brewbound has confirmed with multiple sources.
Hard seltzer accounted for 28% of beer category sales on Drizly over the July 4 weekend, up 2% from 2020, according to the on-demand, e-commerce alcohol delivery platform.
Constellation Brands — maker of popular import brands Corona, Modelo and Pacifico — called out a $12.5 million increase in logistics costs in the 10-Q form the company filed last week with the Securities and Exchange Commission as part of its 2022 first-quarter earnings report.