Just like the Kansas City Chiefs, draft beer also took an L in Super Bowl LIX. Draft beer volume declined -4.6% nationwide on Super Bowl Sunday, according to on-premise insights firm BeerBoard.
The once-booming flavored malt beverage (FMB) segment is “showing some concerning declarations over recent weeks,” Bump Williams Consulting (BWC) founder Bump Williams noted in a recent report. FMB volume gains dropped by half – from +2.2%, to +1.1% – from the four-week period to the one-week period ending May 18, according to NIQ retail measurement data cited by BWC.
Anheuser-Busch InBev (A-B) recorded double-digit shipments and depletions declines for its U.S. business in 2023, drawing to a close a tumultuous year for the company, A-B reported today.
Anheuser-Busch announced today a partnership with the United Negro College Fund (UNCF) to award 25 scholarships annually to Black students pursuing STEM majors applicable to careers in the brewing industry.
Heineken has entered the increasingly crowded hard seltzer segment with two different brands in different parts of the world. And After announcing the end of a tariff exemption for Canadian aluminum last month, President Donald Trump has changed his mind, according to a statement last week from the office of the U.S. Trade Representative.
The long proposed marriage of Anheuser-Busch InBev and Craft Brew Alliance (CBA) appears to be mere months away from consummation. The U.S. Department of Justice on Friday gave its blessing to A-B’s proposed acquisition of the remaining stake in CBA — a deal finally reached in November 2019.
Ten months after it was announced, the Department of Justice has approved the merger of Craft Brew Alliance (CBA) and Anheuser-Busch InBev.
Despite out of stock issues from key suppliers, Labor Day weekend beer sales increased over the holiday weekend last year and indicate the beer category’s off-premise sales will finish the year strong, according to a report from Goldman Sachs Equity Research.
Anheuser-Busch is selling off its Colorado-based wholly owned distribution (WOD) branch. The world’s largest beer manufacturer today announced an agreement to sell its Colorado distribution operations to Norcross, Georgia-based Eagle Rock Distributing, which will expand its operations to Colorado. Terms of the deal were not disclosed. An A-B spokesperson said the company would transition more… Read more »
Anheuser-Busch InBev has begun the search process for replacing long-time CEO Carlos Brito, according to a report Monday in the Financial Times. The Financial Times, citing three sources with knowledge of the search, reported that A-B is “seriously considering” external candidates.
A new generation of leaders is taking the reins at New Ulm, Minnesota-based Schell’s Brewery, as Ted Marti steps down from overseeing operations at the 160-year-old brewery and hands the reins to his sons, according to the Mankato Free Press.
Just ahead of the Labor Day holiday weekend, Anheuser-Busch today launched its next hard seltzer, Bud Light Platinum Seltzer, nationwide.
The top selling eight beer brand families have all surpassed $1 billion in sales at multi-outlet chain and convenience stores year-to-date, according to data shared by market research firm IRI, which includes sales data through August 9.
A proposed class-action lawsuit alleges that Anheuser-Busch InBev is deceiving consumers by positioning its Veza Sur brewery in Miami as a craft brewery.
Bourbon County Stout — Goose Island’s annual barrel-aged special release — will celebrate a decade this fall as a post-Thanksgiving tradition for beer fans when the brewery will roll out the 2020 offerings on Friday, November 27.
The COVID-19 pandemic cut into Anheuser-Busch InBev’s worldwide volumes and revenue during the second quarter of 2020. The world’s largest beer maker reported that its total volume in Q2 declined 17.1% — as beer volume declined 17.2% and non-beer volume declined 15.5% — while revenue declined 17.7%.
The fallout of Constellation Brands’ forced sale of its distribution rights in California to the Reyes Beer Division is still being felt. Anheuser-Busch and Triangle Distributing owner Peter Heimark announced Thursday an agreement to exchange distribution rights in California, according to a joint press release shared by A-B.
