Founders Brewing Company to Furlough Retail Employees on May 3

Founders Brewing Company to Furlough Retail Employees on May 3

Michigan’s Founders Brewing Company plans to furlough 163 employees of its taproom and retail stores in Detroit and Grand Rapids, according to a Worker Adjustment and Notice Retraining Notification Act (WARN) filing with the state’s Department of Labor and Economic Opportunity dated April 20.

Brewers Association, Bottleshare Introduce Fund for Breweries, Guilds

Brewers Association, Bottleshare Introduce Fund for Breweries, Guilds

The Brewers Association (BA) today announced it has formed a partnership with nonprofit fundraising organization Bottleshare to establish the “Believe in Beer Fund” to support breweries and state brewers guilds across the country that have been affected by the COVID-19 pandemic.

Untappd Parent Company Next Glass Receives Investment

Untappd Parent Company Next Glass Receives Investment

Next Glass, the parent company of beer-centric social media platform Untappd, announced today it has received “a significant growth investment” from Providence Strategic Growth, a Boston-based equity firm focused on media, communications, education and software.

Boston Beer Execs Discuss Keeping Up with Truly Hard Seltzer Demand, On-Premise ‘Devastation’

Boston Beer Execs Discuss Keeping Up with Truly Hard Seltzer Demand, On-Premise ‘Devastation’

The story of Boston Beer Company’s Truly Hard Seltzer brand remains the same; the company can’t keep up with demand for the hard seltzer category’s second largest brand. The mid-March pantry stock up caused by the novel coronavirus shutting down virtually all on-premise sales led to a spike in Truly sales earlier than expected.