COVID-19

Fintech-Tracked Beer Industry Depletions Volume +9%; 2021 Holiday Weekend Beer Sales Outpacing 2020

Fintech-Tracked Beer Industry Depletions Volume +9%; 2021 Holiday Weekend Beer Sales Outpacing 2020

Beer industry depletions (sales-to-retailers) volumes tracked by beverage alcohol invoicing and logistics firm Fintech have increased 9% year-to-date through Week 27 compared to the same period last year, National Beer Wholesalers Association chief economist Lester Jones and Fintech director of distributors Jim Kallies shared yesterday during a quarterly review of the industry’s performance.

Legislative Update: Delivery, To-Go Privileges Expire In New York; New Jersey Tax Equivalency Update, PA, RI, CO Notes

Legislative Update: Delivery, To-Go Privileges Expire In New York; New Jersey Tax Equivalency Update, PA, RI, CO Notes

New York Gov. Andrew Cuomo ended the state’s state of emergency on Thursday, which meant the expiration of delivery and to-go privileges granted to breweries, bars and restaurants during the pandemic. The New Jersey bill (S.B. 3452) that would have brought the state excise tax rate on spirits-based, ready-to-drink canned cocktails in line with beer has been pulled from consideration for now, sources confirmed with Brewbound.

Ball Corporation: Aluminum Cans Will Remain on Allocation into Summer

Ball Corporation: Aluminum Cans Will Remain on Allocation into Summer

Ball Corporation, the world’s largest manufacturer of aluminum beverage cans, will continue to allocate inventory to customers and import cans from overseas due to short supply throughout this summer, executive vice president and chief financial officer Scott C. Morrison said yesterday during a public session of the Deutsche Bank Global Basic Materials Conference. “In the Northern Hemisphere, both in Europe and U.S. we’ll be on allocation again this summer,” he said. “We’re coming into this summer in North America extremely tight on inventory.”

CGA: May Events Drive Up On-Premise Sales

CGA: May Events Drive Up On-Premise Sales

Major U.S. events and celebrations in May led to large upticks in on-premise visits, according to the latest consumer survey from CGA, a market research firm that tracks on-premise sales.