RNDC’s Near-Total Exit, Middle-Tier Power Players Emerge
As Republic National Distributing Company (RNDC) sells off nearly all of its territories, what does that mean for the state of distribution?
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As Republic National Distributing Company (RNDC) sells off nearly all of its territories, what does that mean for the state of distribution?
More dominos continue to fall as RNDC’s territory sell off continues. Leaders with Manhattan Beer & Beverage Distributors announced an agreement to acquire “distribution rights for a collection of wine and spirits brands” from RNDC’s New York joint venture with Opici Family Distributing.
Republic National Distributing Company (RNDC) plans to shed the majority of its remaining business, with another transaction divesting from 17 states.
According to a letter to distributors viewed by BevNET and Brewbound, Tony Short, CEO of Monster-owned beer maker CANarchy Craft Brewery Collective, confirmed previous reports that The Coca-Cola Company has begun the process of onboarding Bang within its national red-truck distribution system, marking the brand’s second go-round with one of the country’s largest beverage suppliers.
While bev-alc has been plagued with demands for “new, new, new” at an accelerated pace in recent years, distributors are concerned that “recent innovation is not disciplined,” according to the latest Tamarron Consulting survey.
Breakthru Beverage Group founder W. Rockwell “Rocky” Wirtz has died at age 70 following a brief illness, the company announced Tuesday evening.
Total bev-alc sales in off-premise channels (multi-outlet plus convenience) declined -4% week-over-week (WoW) in the week ending July 9, which included the July 4 holiday, according to Circana analyst Scott Scanlon.
Convenience store retailers had a “slightly more pessimistic outlook” for beer trends in Goldman Sachs’ Q2 Beverage Bytes survey, citing “broader economic pressures/fears of recession, impacts from cooler weather” and the continued “negative impacts from the recent Bud Light controversy.”
Brewers with seasonal or variety pack placements in Walmart stores may be in for a bumpy ride. The Beer Industry Electronic Commerce Coalition threw up a warning flare last week that the largest brick-and-mortar retailer in the U.S. would be mandating that all seasonal brands and variety packs use unique UPC codes, starting in early 2024.
Craft trends in off-premise channels “remain underwhelming,” but there are “signs of improvement” in Q2, according to Bump Williams Consulting’s (BWC) quarterly craft report.
As the Bud Light brand continues to lose sales and share amid conservative-led backlash over a one-off social media influencer partnership with a transgender woman, the company is now pledging financial support for its wholesaler partners, according to a 6K filing with the SEC.
The wheeling and dealing between Classic Beverage and Scout Distribution continues in California. Classic Beverage of San Diego announced a deal on Friday to acquire Scout Distribution’s business in San Diego. Financial terms of the transaction were not disclosed, but the deal is expected to close by August 11, pending supplier approvals.
A pair of beer distributor surveys found that many in the middle tier believe that the conservative led boycott of Anheuser-Busch’s Bud Light brand may be permanent. Financial services firm Jefferies’ survey found that a majority (65%) of distributors surveyed expect the Bud Light downturn to last at least another six months, while 32% believe it could be permanent. A separate distributor survey by Goldman Sachs analyst Bonnie Herzog found that most respondents are “pessimistic about the potential for a full recovery” of Bud Light’s “brand equity and market share.”
A Massachusetts Superior Court Judge on Friday granted Gopuff’s request for a preliminary injunction, blocking for now the Massachusetts Alcoholic Beverages Control Commission’s (ABCC) attempt to revoke the e-commerce retailer’s liquor license for allegedly selling and delivering alcoholic beverages to underage consumers in the Bay State.
The Florida Department of Business and Professional Regulation (DBPR) has filed two complaints against Blue Cloud Distributing, alleging the PepsiCo subsidiary violated statute in nine license applications for its locations across the state.
Flavor is at the heart of discount supermarket chain Aldi’s summer strategy. As part of Alid’s seasonal reset, the company will add 18 private label alcoholic beverages (11 new and seven repeat items) all priced under $14 to its shelves starting Friday, April 21. Those products range from hard tea to hard seltzer, cocktail-inspired pouches to freeze pops, and beer to wine.
Bell’s has expanded distribution into Alaska, Idaho, Oregon, Utah and Washington, leaving Hawaii as the only state where drinkers can’t get Two Hearted IPA or Oberon Ale.