Off-premise beer category dollar sales topped $1 billion heading into the Memorial Day holiday, according to the latest one-week data shared by market research firm Nielsen.
More than 80% of craft breweries said they have received funding through the Paycheck Protection Program, and those loans are making many of them more confident about the future, according to the Brewers Association’ (BA) latest survey of how the COVID-19 pandemic is affecting those businesses.
Braxton Brewing Company finished 2019 as one of the fastest-rising craft breweries in the nation. The Covington, Kentucky-based craft brewery grew its volumes by 96%, to 23,500 barrels, elevating the company to regional brewery status — those producing between 15,000 and 6 million barrels — according to production data released by the Brewers Association. However, the COVID-19 pandemic has dampened the company’s 2020 outlook.
Some Minneapolis craft breweries are lending their support to those protesting the death of George Floyd. Floyd, who is black, died Monday while handcuffed as now former Minneapolis Police officer Derek Chauvin knelt on Floyd’s neck as he was being held on the ground. Chauvin and three other police officers who were recorded detaining Floyd,… Read more »
As all 50 states have begun the reopening process, two more craft breweries are asking their customers how willing they are to return to brewery taprooms when on-premise sales return. Seattle’s Reuben’s Brews and New Orleans’ Urban South Brewery, which also operates a location in Houston, Texas, recently shared the results of their respective surveys.
During this week’s Brewbound Frontlines livestream, leaders from Stone Brewing, Revolution Brewing and Rogue Ales & Spirits discuss what’s happening with their businesses as the COVID-19 crisis evolves.
For its second quarter-century, Cisco Brewers is debuting a new look and two new beers. The Nantucket, Massachusetts-based brand, which was acquired by Craft Brew Alliance (CBA) in 2018, has refreshed its branding and packaging with the launch of a new summer seasonal offering, Summer Rays golden ale, and a new year-round New England-style IPA,… Read more »
More than half of the top 50 Brewers Association-defined craft brewing companies posted volume growth in 2019, according to data published in the May/June edition of the not-for-profit trade group’s New Brewer magazine.
Leaders of three top 50 craft breweries will join Brewbound Frontlines to discuss what’s happening with their businesses as the COVID-19 crisis evolves. Leaders from Stone Brewing, Revolution Brewing and Rogue Ales & Spirits will participate in a live streamed panel on Thursday, May 28, at 3 p.m. ET.
Hard seltzers are continuing to attract new consumers, even during the COVID-19 pandemic, according to a study conducted by market research firm Nielsen. During the eight-week period during the COVID-19 outbreak, the number of consumers buying hard seltzer nearly doubled, as 44% of hard seltzer buyers were doing so for the first time, according to the study.
Just 11% of bar and restaurant operators have been able to generate sustainable profits by offering takeout and delivery, according to a survey conducted by Nielsen CGA, the market research firm’s on-premise channel data arm.
Iconic Portland, Maine craft brewery Allagash returns to Florida for a limited time; Carlsberg and Marston’s announce proposed JV; April domestic tax paid Shipments decline 4.9%; judge approves bid for bankrupt Craftworks; and more headlines from the week.
Orlando, Florida-based Brew Theory has reached a licensing agreement with Portland, Maine-headquartered Shipyard Brewing to produce and sell the company’s portfolio of products in the Sunshine State.
During this week’s live panel discussion, leaders from Rabobank, Drizly and GoPuff discuss the pandemic’s effect on e-commerce and how brewers can optimize this channel.
