IRI Worldwide: U.S. Beer Sales Top $12 Billion Through May 20
U.S. beer dollar sales increased 4.1 percent as volume sales grew 2.1 percent through the four weeks ending May 20, according to retail data provider IRI Worldwide.
U.S. beer dollar sales increased 4.1 percent as volume sales grew 2.1 percent through the four weeks ending May 20, according to retail data provider IRI Worldwide.
Ryan Sentz has handed over the Funky Buddha Lounge & Brewery in Boca Raton, Florida, to family friend and homebrewer Allen Steen, who is transforming the space into the Robot Brewing Company & Quixotic Lounge. Sentz, the founder of Funky Buddha, told Brewbound that the transaction, which was finalized about a month ago, gives Robot Brewing the lounge’s 1-barrel brewery and neighboring homebrew supply shop for “zero dollars.”
As the clock turned to midnight, the exemption on aluminum and steel tariffs expired on Canada, the European Union and Mexico. The levies imposed by President Donald Trump — 25 percent on foreign steel and 10 percent on aluminum — will now be collected from the nation’s trade allies, who have subsequently threatened to impose their own tariffs on U.S. exports. Brewbound stopped by the Beer Institute’s Washington, D.C., offices to discuss the news with CEO Jim McGreevy. Watch the video above.
In this week’s Last Call: Stone Brewing files an injunction against MillerCoors and terminates its sponsorship deal with NOFX; the New York state Liquor Authority fines Boston Beer for unregistered products; Good City Brewing announces plans for second brewery near Milwaukee Bucks’ new arena; and more news.
Following months of turmoil, Green Flash Brewing Company has identified its next chief executive. The San Diego-based craft brewery, which was sold to a new investor group last month, today named former Anheuser-Busch executive Michael Taylor as its new CEO.
Yazoo Brewing Company plans to break ground in mid-June on its new, six acre, 30,000 sq. ft. destination brewery in the Madison neighborhood of northeast Nashville. In a conversation with Brewbound last month, Yazoo founder Linus Hall said he is targeting a spring 2019 opening for the new facility. He added that a development group is under contract to purchase the land where Yazoo’s current facility, in Nashville’s The Gulch neighborhood, is located.
In this edition of People Moves: Avery Brewing’s COO resigns, and the Boulder, Colorado-based craft brewery lays off six workers; Wormtown Brewery names a new general sales manager; Heineken USA forms an new sales operations team; and more industry personnel moves.
Less than one year after Coronado Brewing acquired a majority stake in nearby Monkey Paw Brewing, the San Diego-based regional craft beer producer today put the smaller outfit up for sale. The decision to sell its interest in the business comes about one month after Monkey Paw founder Scot Blair — an outspoken figure in the San Diego craft beer scene who also owns the popular Hamilton’s Tavern and South Park Brewing Company ventures — filed a lawsuit against Monkey Paw for breach of contract.
Taprooms and direct-to-consumer sales were hot topics during this year’s Craft Brewers Convention in Nashville, Tennessee. Two seminars — “Building Your Brand Through the Tasting Room” and “Defense and Promotion of Tasting Rooms” — focused on the phenomenon that has agitated some retailers and wholesalers, but the topic bled into other conversations throughout the week.
In this week’s edition of Last Call: A New York distributor was fined $4.3 million in a bottle return scam; TTB says no to controlled substances in beer; Owens-Illinois announces plans to close its Atlanta facility;
For the second consecutive year, production at half of the craft beer industry’s top 50 companies didn’t grow, according to new data released by trade group the Brewers Association. The organization, which published 2017 production figures for thousands of U.S. breweries in the latest issue of ‘The New Brewer,’ noted that 24 of the top 50 BA-defined regional craft brewing companies — those producing between 15,000 and six million barrels of beer annually — either declined or remained flat in 2017.
Stone Brewing co-founder and executive chairman Greg Koch is moving beyond beer with the launch of with Nutista, an artisanal, stone-ground nut butter line. Joining him, and running the day-to-day operations, are co-founders Tristen Cross and John Huber. Nutista produces three core flavors — an original that’s a blend of nut varieties, a banana nut butter and a maple nut butter — but Koch’s influence is more apparent in other sub-lines. The brand recently released a Totalitarian Imperial Russian Stout Nut butter as well as a Tangerine Express IPA Nut butter, both of which are inspired by popular Stone beers.
After about six months as CEO, David Pillsbury is leaving Canarchy Craft Brewery Collective — Oskar Blues’ and Fireman Capital Partners’ consortium of beer companies formed following investments in Cigar City Brewing, Perrin Brewing and Utah Brewers Cooperative — according to a press release.
Earlier this month, nearly 14,000 beer industry professionals traveled to Nashville, Tennessee, for the annual Craft Brewers Conference, hosted by trade group the Brewers Association. The BA used the gathering to further draw a line between the companies it represents — small and independent U.S. breweries — and those brands owned by larger, international beer conglomerates.