Stone Brewing Company laid off employees of its restaurants, taprooms and distributions sales force, which amounted about 306 workers. Some state lawmakers have proposed bills that would extend business interruption insurance clauses to cover losses sustained from closures due to the COVID-19 pandemic.
Many craft breweries are applying for the Paycheck Protection Program (PPP), a pillar of the $2 trillion CARES Act relief package that rolled out last week, but several say they have concerns with the bumpiness of its introduction.
The 2020 edition of the Ales for ALS charitable program was off to a strong start before the COVID-19 pandemic shuttered brewery taprooms and tasting rooms across the U.S. The program’s founders discussed their family’s personal history with ALS, the start of the charity and the impact of COVID-19 on their efforts during a video interview with Brewbound.
Bump Williams Consulting VP of business development and portfolio strategy Brian “BK” Krueger gives a quick look at the week as off-premise sales began to slow and what’s to come in the weeks ahead in a video interview with Brewbound.
Cody Morris is reincarnating out of code draft beer as hand sanitizer. A professional brewer and the son of distillery owners, he knew that all the beer sitting idle in kegs could be distilled into hand sanitizer, which is needed for essential workers nationwide during the COVID-19 pandemic.
The Brewers Association’s Craft Brewers Conference will go on in 2020 — at a social distance. The trade group that represents small and independent craft brewers today announced plans to hold the event virtually over the next five weeks, from April 13 through May 15, with many days featuring two live streamed seminars.
The beer industry has been deemed essential under guidelines from the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency (CISA), something the heads of beer trade associations worked to secure.
With the loss of tasting room and on-premise sales, members of the American Cider Association have been forced to pivot to curbside sales, virtual tastings and bundles sold through e-commerce, ACA executive director Michelle McGrath explained.
Brewers Association-defined craft beer companies could lose nearly 18 million cases equivalents if the shutdown of nearly all U.S. on-premise outlets forced by COVID-19 lasts through April, Nielsen CGA client solutions director Matthew Crompton shared during Friday’s Brewers Association Power Hour webinar.
Constellation Brands will continue production of import brands Corona, Modelo and Pacifico at its facilities in Mexico, despite the suspension of nonessential businesses in that country.
Danelle Kosmal, Nielsen’s VP of beverage alcohol practice, shared thoughts on beverage alcohol’s big stock up, if the trends will continue, the spike in e-commerce sales and more.
The Alcohol and Tobacco Tax and Trade Bureau (TTB) announced Tuesday that it will postpone tax payments and filing deadlines as its constituent businesses grapple with the effects of the COVID-19 pandemic. Craftworks Holdings has laid off its nationwide staff of 18,000 people, according to Westword.
The Brewers Association tapped representatives from law firm McDermott Will & Emery to educate members on the $2.2 trillion stimulus package signed into law last week to provide relief during the COVID-19 pandemic.
The state of Massachusetts, which temporarily banned on-premise dining and drinking on March 17, has taken a step toward approving to-go sales of beer and wine, something most other northeastern states have had in places since their on-premise bans began.