In an effort to bolster sales of its beer at on- and off-premise retail accounts, Westminster, Massachusetts-based Wachusett Brewing Company is leaning into a taproom expansion strategy within its home state. The company today announced it would take over the former John Harvard’s Ale House located in the heart of Cambridge’s Harvard Square.
In this week’s Press Clips: German brewer Gilde reveals its U.S. expansion plans in North Carolina; Pennsylvania lawmakers lower brewery sales tax; North Carolina paves the way for alcohol sales at college sporting events; and more news.
Anheuser-Busch InBev is pushing deeper into non-beer offerings, today announcing that its innovation and growth unit, ZX Ventures, has acquired the remaining stake in Swish Beverages that it did not already own.
Constellation Brands’ beer portfolio continues to drive the company’s growth. The multifaceted alcohol company today reported its first-quarter fiscal 2020 earnings, which were highlighted by a 5.4 percent increase in shipments (sales-to-wholesalers) and a 6.6 percent increase in depletions (sales-to-retailers) for the three-month period ending May 31.
Six months after hearing oral arguments in a constitutional challenge to Tennessee’s two-year residency requirement for obtaining a retail liquor license, the United States Supreme Court yesterday struck down a controversial stipulation that had prevented out of state retailers from setting up shop in the Volunteer State.
In episode 42 of the Brewbound Podcast, Dantzler discusses the ins and outs of bankruptcy buys and explains why he’s committed to opening a production brewery in Manhattan. He also discusses what’s leading to the uptick in distressed brewery sales, and shares how his business model has evolved over the last five years to accommodate for the current marketplace realities.
The Brewers Association wants to make July 3rd “National Independent Beer Run Day.” The national trade group supporting small and independent U.S. breweries wants to remind drinkers to buy beer from a small brewery ahead of the Fourth of July holiday and it has launched a digital campaign that includes video ads, audio spots and “summer-themed sponsored playlists” on Pandora Radio to do so.
A federal judge yesterday agreed to allow the industry trade group the Beer Institute (BI) to join a lawsuit filed by the National Association of Manufacturers (NAM) against a pair of federal agencies regarding the collection of so-called “duty drawback claims.”
The beer industry’s pushback against tariffs received a boost on Tuesday, as the U.S. Senate filed a companion bill that would increase the federal government’s regulatory authority of groups overseeing aluminum premium benchmarking, including the controversial “Midwest Premium.”
Financially troubled Celis Brewery is scheduled to be auctioned off during two separate public auctions slated for July 2. According to public sale notice in the Austin American Statesman last Friday, the building housing the Austin craft brewery at 10001 Metric Boulevard will be auctioned off during a public foreclosure sale at the Travis County Courthouse on the morning of July 2.
A bevy of new advertisements for one of Boston Beer Company’s core Samuel Adams beers, Sam ’76, hit the brewery’s YouTube channel today. The commercials, which carry the tagline “I can taste my beer,” feature drinkers “finally” discovering taste in their beverage.
In the latest Legislative Update: Maine lawmakers vote to reform self-distribution and franchise laws; Connecticut Gov. Ned Lamont signs a law increasing the amount of beer craft breweries can sell directly to consumers; North Carolina passes legislation to sell beer and wine at college sporting events; and Pennsylvania legislators consider a lower sales tax on at-the-brewery sales.
In this week’s Last Call: The House Ways and Means Committee passed a one-year extension of the federal excise tax relief for alcohol producers and importers. Also, U.S. beer shipments declined in May, Deschutes begins selling canned drinking water, Bell’s Two Hearted tops the AHA’s best list, and more news briefs.
An effort to maintain reduced federal excise taxes (FET) on all brewers an importers could take a major step forward tonight. The House Ways and Means Committee is expected to extend tax cuts for alcohol producers and importers as part of the Taxpayer Certainty and Disaster Tax Relief Act of 2019 (H.R. 3301) extender bill.
