With over 7,500 breweries currently operating in the United States, there is now an unprecedented level of competition in the craft beer industry. With many consumers demanding more variety and quality, creating outstanding products is no longer a hugely distinguishing factor.

As the coronavirus shut down on-premise channels in the U.S. and consumers began stocking up amid stay-at-home orders, sales increased for every beer category segment — and many increased double digits — in off-premise retailers tracked by market research firm Nielsen during the week ending March 14.

Deschutes Brewery has laid off “well over 100” employees after temporarily shuttering its pubs and tasting rooms and scaling back on-premise sales through distribution, VP of sales and marketing Neal Stewart confirmed to Brewbound.

As on-premise consumption has ceased almost nationwide in an effort to stop the spread of the coronavirus disease COVID-19, the preservation of capital is now paramount for both packaging and taproom breweries, attorney Mike Drumm advised craft brewers during a Brewers Association (BA) Power Hour session titled “Beer in a Time of Disruption” on Monday.

In California, where more than 1,000 breweries are in operation, the state Alcoholic Beverage Control (ABC) has offered temporary regulatory relief for license holders such as drive-thru windows for off-premise transactions, packaged goods sold to-go from on-premise retailers and delivery to consumers.

As states enforce bans on on-premise consumption at breweries, bars and restaurants to stop the spread of the COVID-19 global pandemic, some are also loosening restrictions on takeout and delivery of alcoholic beverages.

One week after canceling the annual Craft Brewers Conference in San Antonio due to concerns over the coronavirus disease COVID-19, the Brewers Association (BA) today announced the cancelation of SAVOR, the trade group’s annual craft beer and food pairing event in Washington, D.C.

Atlanta Brewing Company marketing director Cameron Davis knows what it’s like to deconstruct and rebuild a legacy beer brand. That’s what Davis and her colleagues did in 2018, taking Georgia’s oldest beer brand, the former Red Brick Brewing Company, and transforming it into Atlanta Brewing Company.

Planning and re-forecasting during these strange days will be an essential survival skill. In this article, we’ll review a financial re-forecasting template you can use to model out extreme changes in brewery sales, margins and cash flows.

The Senate approved a multi-billion dollar relief bill to offer immediate aid in the wake of the COVID-19 pandemic Wednesday afternoon.
This bill makes coronavirus testing free, provides paid sick leave, expands unemployment benefits and provides grants to states to process and pay claims.

Virtually every craft brewery is feeling the economic crunch from the coronavirus disease COVID-19, according to the results of a survey conducted by the Brewers Association (BA). The not-for-profit trade group, which represents the interests of small and independent craft breweries, shared the survey results this morning, and the results show what many expected and living: The industry is facing economic hardships like never before.

As the hospitality industry grapples with the impact of mandated closures of restaurants, bars, brewery taprooms and tasting rooms, craft breweries and brewpubs are beginning to announce staff layoffs and furloughs.

With mandated shutdowns of bars, restaurants and taprooms in more than 20 states and voluntary closures in many others, the novel coronavirus has forced craft brewers to get creative in getting their beer to consumers.

The on-premise shutdown of bars and restaurants in New York City could last for “months” in an effort to stop the spread of the coronavirus disease COVID-19, New York City Mayor Bill De Blasio said during an interview with CNN this morning.