In its fifth year, Lord Hobo Brewing is making some changes — the company’s packaging has gotten a makeover, there’s a new face at the helm and plans for a taproom in New York City have been scrapped. Longtime chief operating officer Nathan Whipple has moved into the role of president.
In light of the COVID-19 pandemic, Anheuser-Busch InBev is examining discretionary spending, halting new product launches and promotions and upping its investment in e-commerce, CEO Carlos Brito said during A-B’s first quarter earnings call today.
This week’s live virtual panel features leaders from the Brewers Association (BA) and the California, New York and Illinois state brewers guilds. The discussion will examine how breweries in those states are operating and how the guilds and the BA are helping during the COVID-19 crisis.
Craft Brew Alliance posted $45.8 million in sales during the first quarter of 2020, down nearly $4 million from the same time last year, according to the Form 10-Q the company submitted to the U.S. Securities and Exchange Commision and posted to its website Wednesday.
There’s a distinct sense of FOMO happening at Charlotte, North Carolina-based Sycamore Brewing. “It’s painful. This time of year in Charlotte, it’s absolutely beer garden weather,” Sycamore co-founder Justin Brigham said during a video interview.
Reyes Beer Division, the nation’s largest wholesaler of beer, has laid off some of its 5,700-person workforce, a company spokesperson confirmed.
Molson Coors Beverage Company’s Irwindale, California, brewery will have a new owner by year’s end as Pabst Brewing Company has exercised its option to purchase the facility.
Craft beer purchase intent among wholesalers has hit an all-time low, according to the National Beer Wholesalers Association (NBWA). Nielsen CGA found the number of checks at tracked accounts in the week ending April 25 increased 69% over the week ending March 28.
More than a year after it began, a federal circuit judge ruled that Anheuser-Busch InBev is free to continue its advertising campaign calling out the use of corn syrup in Molson Coors Beverage Company’s flagship light lagers.
Brewbound’s virtual panel series returns Thursday, May 7th at 3 p.m. ET with leaders from the Brewers Association and the California, New York and Illinois state brewers guilds. This week’s discussion will give the industry a look at what breweries in those states are experiencing and how the guilds and the BA are helping during this crisis.
As states grapple with reopening for business in face of the COVID-19 pandemic, one Maine brewpub owner opted to defy the reopening plan Gov. Janet Mills laid out last week that orders restaurants to remain shut for on-premise dining until June.
After more than 30 years in business, Pyramid Brewing Co. parent company FIFCO USA announced last week that it will permanently close Pyramid Alehouse in Seattle, Washington. Missoula, Montana-based brewery KettleHouse Brewing Co has closed its Northside Taproom, it announced in a press release last week. Destihl Brewery has closed its Champaign, Illinois restaurant and brewpub location, the brewery announced on its website.
The near-nationwide shutdown of the on-premise channel will result in a loss of $8 billion for the beer industry if it continues into June, National Beer Wholesalers Association chief economist Lester Jones said during a State of the Industry webinar hosted by the NBWA and the Beer Institute (BI).
Portland, Oregon-headquartered Columbia Distributing has laid out its plan for addressing the voluminous amount of out-of-code beer at bars and restaurants in its three-state footprint that were forced to temporarily close in mid-March in an effort to stop the spread of the COVID-19 outbreak.
