Revolver Brewing co-founders Rhett Keisler and Grant Wood are stepping down from their roles leading the Granbury, Texas-based craft brewery, according to an announcement from Molson Coors Brewing Company, which acquired the brewery in 2016.
Oregon Brewers Guild co-executive director Tony Roberts will step down from the position at the end of the month, leaving Christina LaRue as the guild’s sole director. State guilds, trade groups that advocate on behalf of craft breweries to lawmakers and work to boost consumer bases, have struggled during the COVID-19 pandemic. Their revenues come from large scale, in-person events, which have been canceled, and member dues, the bulk of which come from craft breweries, who are also suffering financially.
The Texas Alcoholic Beverage Commission (TABC) ruled on Friday that the 51% calculation of gross receipts should only include the sale of alcoholic beverages for on-premise consumption. As such, to-go sales of alcoholic beverages, as well as distributed volume to retailers and wholesalers should not be included in the calculation of gross receipts to determine which establishments should shutter for on-site consumption.
Even amid persistent out-of-stock issues, Boston Beer Company’s Truly Hard Seltzer helped drive the company’s depletions (sales to retailers) growth to 46% in Q2. Boston Beer founder Jim Koch conceded Thursday that those inventory issues will last for the rest of the summer.
Boston Beer Company reported second-quarter depletions (sales-to-retailers) growth of 46% and shipments (sales-to-wholesalers) growth of 39.8% during the second quarter of 2020, according to financial results shared after the end of trading today.
Odell Brewing continues to expand its beyond beer offerings with Allkind Hard Kombucha, which will launch this fall. Last year, the Fort Collins, Colorado-headquartered craft brewery rolled out the OBC Wine Project, a collection of canned wines.
Nearly six months after the COVID-19 pandemic upended the beer industry, leaders from the three major beer industry trade organizations will return to discuss how the industry is meeting the challenges presented by the novel coronavirus, efforts to provide brewers with relief, the industry’s legislative priorities, and much more.
An 805 line extension is coming soon to California. Firestone Walker will start a 60-day test of 805 Cerveza — its first line extension of flagship 805 blonde ale — in early August in three California counties.
On this week’s Brewbound Frontlines, Danelle Kosmal, VP of Beverage Alcohol Practice at Nielsen, analyzes hard seltzer sales trends during the coronavirus pandemic, and leaders from Press Premium Alcohol Seltzer, Nauti Hard Seltzer and Bubs Hard Seltzer discuss how their regional and national brands are competing in the fast-growing segment.
Braxton Brewing has agreed to take over the taproom space and brewing equipment vacated by 3 Points Urban Brewery in Cincinnati, Ohio.
The CANarchy Craft Brewery Collective is leaning even harder into the seltzer space with two new mixed packs hitting retailers this fall, while also cashing in on the equity of its popular Jai Alai IPA with a low-calorie line extension called Jai Low. CANarchy’s plans for fall resets include the launch of Cigar City Jai… Read more »
The billion dollar weeks keep coming for the beer category in off-premise retailers. Beer category sales (beer, FMBs and cider) in off-premise channels increased 14.9%, to $1.007 billion, for the week ending July 11 compared to the same week one year ago, according to market research firm Nilesen. That makes eight consecutive weeks of beer category dollar sales in excess of $1 billion.
Two thirds of Texas craft breweries say their businesses will not survive until the end of the year under their state’s current operating restrictions, according to a survey conducted by the Texas Craft Brewers Guild (TCBG).
The Brewers Association (BA) today addressed criticism of its handling of racist actions by breweries within its membership. In an email to members titled “Bylaw and Governance Update,” president and CEO Bob Pease wrote that the BA has heard the criticism and its silence does not mean the calls to action have gone unheard.
