“Weakness continues” in beverage-alcohol off-premise trends, according to the latest weekly report from market research firm Circana. Total bev-alc scan data continued to decline in dollars (-3.3%) and volume (-4.8%) for the one-week period ending June 8.
Moor’s Brewing has been named the winner of the 14th Samuel Adams Brewing the American Dream (BTAD) Brewing and Business Experienceship, the company announced.
Mark Anthony Brands (MAB) is rolling into summer with a focused plan behind White Claw, which boasts an even more dominant position in the hard seltzer segment. Now in its ninth year, White Claw now holds around 70% share of hard seltzer dollar sales, and a 50% share of “total beverage-alcohol seltzer,” which is primarily White Claw and Gallo’s High Noon, MAB president David Barnett said.
As reported by distributors and data analysts alike, Memorial Day weekend (MDW) fell flat for the beer industry. However, some of the largest beer producers were still able to find volume growth, according to the latest Bev Bytes report from Goldman Sachs.
Well, it seems the Gen Z: Bar Noobs report is becoming a weekly thing. After last week’s bewilderment at the idea of using cash instead of credit cards as a way to control how much one spends at a bar in a given evening … it seems this week our relatively new LDA patrons need to be instructed how “ordering at the bar” works in the U.K.
Tilray Brands’ cost-cutting measures continue with closure of the Redhook Brewlab in Seattle’s Capitol Hill neighborhood. Chief corporate affairs officer Berrin Noorta told Brewbound that “Redhook Brewlab is now closed as we look for a new location.”
When cash is hard to come by and experts with insights are plenty, Aaron Younessi, owner/operator of Fr-Action Sales Management, makes a case that startups should be leaning into part-time hiring as part of their strategy to scale.
Large-format packs and key menu features are putting wind into Stone IPA’s sails. Stone IPA has recorded double-digit depletions growth at on-premise chains outside its home market in the 6-month period ending March 31, according to VIP data the brewery shared with Brewbound.
How can brewers preserve freshness and extend their beer’s shelf life without breaking the bank? Upslope Brewing founder Matt Cutter believes he’s found the answer with BevBoost.
Tilray Brands beverage division president Ty Gilmore is departing from the company, in one of several leadership changes, the craft beverage and cannabis firm announced today. Tilray chief growth officer Prinz Pinakatt is taking over the beverage division, effective immediately.
CPG talent recruitment business ForceBrands unveiled a new slate of leadership of its own today, naming Rob Ganjon to succeed founder Josh Wand as CEO after 17 years in the role.