The number of legal drinking age adults who have visited on-premise establishments has remained stagnant at around 50% for several months, according to a report from Nielsen CGA, the on-premise arm of market research firm NielsenIQ. In the two weeks leading up to the January 8-10 survey period, 50% of respondents said they had gone out for a meal, which was the same number as those who had been out to a restaurant in the two weeks prior.
Drinking occasions remain less popular — 17% of respondents had gone out for a drink in the two weeks before the January 8-10 survey, an increase of 1% from the previous survey. Only 41% of respondents said they planned to visit a restaurant in the two weeks following the survey, but 18% said they would go out for a drink.
The Brewers Association announced today that it will postpone its annual Craft Brewers Conference (CBC) and Brew Expo America until September and move the event to Denver from San Diego, where it had been planned for late March. The 2021 edition of CBC is now slated to be held September 9-12, pending health and safety protocols.
The biggest challenge the producer of popular Mexican import brands Corona, Modelo and Pacifico faced in 2020 came in March when the Mexican government ordered the shutdown of all manufacturing industries, including beer. This pause in production led to depleted inventory that was still being replenished into the third quarter and created a gap between shipments (sales to wholesalers) and depletions (sales to retailers) growth.
Brewbound readers in 2020 sought out news about the pandemic, mergers and acquisitions, brewery closures and job changes. 2020 marked a year of shifts for brewers, as well as Brewbound, which shifted its business model to a subscription model. With that in mind, we’ve pulled the five most-read stories before the paywall was introduced and the five most-read stories after.
Federal excise tax cuts for brewers and importers have finally been made permanent. After nearly a week of uncertainty, President Donald Trump on Sunday signed into law the $900 billion economic relief package and $1.4 trillion government funding bill Congress passed last week.
Consumers are continuing to trade up in their alcoholic beverage purchases, even as the COVID-19 pandemic-induced economic downturn continues, Brewers Association (BA) chief economist Bart Watson said during a webinar last week. “People still see beer as an affordable luxury, while beer has taken on a lot of price relative to wine and spirits,” he said.
The nation’s supply of carbon dioxide is expected to be able to meet brewers’ needs, even as the dry ice industry’s demand increases for the shipment and storage of COVID-19 vaccines. “There is enough capacity in the system to meet the 5% we’re anticipating that the dry ice needs will increase by,” CGA president and CEO Rich Gottwald told Brewbound.
On-premise retail sales will not rebound to pre-pandemic levels in 2021, Brewers Association (BA) chief economist Bart Watson shared yesterday in a webinar for members of the trade group. “The on-premise is not fully going to recover next year,” he said.
The BA, which represents the nation’s small and independent brewers, is advocating for several measures at the federal level that would support craft breweries, whose businesses have been upended by the COVID-19 pandemic.
As COVID-19 cases spike, California has enacted a new regional stay home order that went into effect Sunday night and affects 85% of the state’s population. Last week, Gov. Gavin Newsom announced a new system that would trigger regional stay home orders when hospitals’ projected intensive care unit capacity dips below 15%. That threshold was met Sunday in the Southern California and San Joaquin Valley regions.
2020 will see Captain Pabst’s final voyage. Pabst Brewing Company announced yesterday that the Captain Pabst Pilot House, its Milwaukee, Wisconsin-based brewery, taproom and event space, will permanently close on December 21.
The night before Thanksgiving — typically a popular night for people who have returned to their hometowns for the holiday to crowd local bars for impromptu reunions — brought on-premise establishments a boost by 2020 standards, according to BeerBoard, which tracks draft sales at bars and restaurants.
Eugene, Oregon-based Ninkasi Brewing Company has instituted “organizational and operational changes” over the last month that has led to cuts within its field sales, hospitality and management teams, Ninkasi Brewing CEO Nigel Francisco confirmed to Brewbound.
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