Consumers used the long weekend to sneak in an extra round with friends and family — and many purchased those drinks online. Sales on alcohol delivery on-demand marketplace Drizly spiked 30% on the Sunday of Memorial Day weekend, compared to the previous four Sundays in May, the company shared. The hard seltzer segment reached a 28% share of overall beer category sales during the holiday weekend, an increase of 3% over its overall share for the month.
The summer selling season is officially upon us, and the period from Memorial Day through Labor Day is shaping up to be “a long, tough summer” for beer sales, according to the latest analysis from Bump Williams Consulting.
Uncle Nearest Premium Whiskey has formed a $50 million venture capital fund to invest in fast-growing spirits brands founded and owned by entrepreneurs of color and women.
Of the 121 regional craft beer companies beyond the top 50 — those that produce more than 15,000 barrels of beer annually and sell the majority of their volume through distribution — 67 recorded volume declines in 2020. That ratio — 55% — is a marked improvement over the 72% of top 50 craft breweries that posted volume declines.
The president of Mexico announced an agreement with Constellation Brands last week to build a new brewery in the southeastern part of the country, according to Reuters.
Anheuser-Busch’s (A-B) entire domestic beer and seltzer portfolio — including Bud Light, Michelob Ultra, and Brewers Collective craft brands — is now brewed with 100% renewable electricity from wind and solar power, the world’s largest beer manufacturer announced today.
After several accounts of sexual harassment at Worcester, Massachusetts-based Wormtown Brewery surfaced on social media in recent days, nearly all members of its ownership group have stepped down from their day-to-day roles in the company, with the exception of co-founder and brewmaster Ben Roesch, the brewery announced late Thursday.
Brewers Association chief economist Bart Watson explored why draft beer sales have yet to recover to pre-pandemic levels in his latest members’ only analysis.
Chicago Mayor Lori Lightfoot proposed a new business relief package Wednesday, which includes the implementation of a 10 p.m. curfew on off-premise alcohol sales; alcohol to-go sales and delivery will no longer be allowed in Massachusetts after the Commonwealth’s state of emergency ends June 15.
Breweries that fall outside of the Brewers Association’s (BA) craft brewer definition collectively declined 5%, to 8.2 million barrels in 2020, according to data in the May/June issue of the New Brewer.
Everybody’s talking about RTDs, and for good reason. The ready-to-drink (RTD) beverage alcohol segment is absolutely exploding, with that growth triggering a slew of new brands and products entering the market.
How can a craft brewery succeed in Half Time Beverage’s stores and e-commerce platform? Jason Daniels, the chief operating officer for the New York craft beer store, explains during the latest Retail Pulse edition of Brewbound Frontlines.
Athletic Brewing, a non-alcoholic (NA) craft beer maker, raised $50 million in a Series C funding from investors, spearheaded by the Alliance Consumer Growth (ACG) and TRB advisors, which concluded on May 11.
