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.
Nadine Sarwat, equity research analyst and director of European and American alcoholic beverages at Bernstein Autonomous LLP, shared why she doesn’t believe PepsiCo’s Blue Cloud Distribution poses a threat to traditional beer wholesalers. Plus, Sierra Nevada’s Ellie Preslar talks e-premise and Troy Aikman touts Eight.
The National Beer Wholesalers Association (NBWA) has named Gordon Green the chairman of its board of directors for the 2022-2023 cycle, taking the reins from outgoing chair Peter Heimark of Heimark Distributing.
Beverage industry veteran Brian Fried will take the reins at Stone Distributing Company (SDC) on October 31, the company announced.
If resilience was the theme of 2021 for the National Beer Wholesalers Association (NBWA) and its members, adaptability was the theme for 2022, CEO and president Craig Purser and chairman of the board Peter Heimark said today, kicking off the NBWA’s 85th Annual Convention in Chicago. In 2022, beer distributors battled inflation, fuel costs, supply… Read more »
Wholesalers’ fourth category frustrations finally boiled over late last week, as Blue Ridge Beverage Company and Premium Distributors, a Reyes Beer Division subsidiary, filed a complaint with the Virginia Alcoholic Beverage Control Authority against Boston Beer Company over its appointment of PepsiCo’s Blue Cloud Distribution as the distributor of Hard MTN Dew.
The Reyes Beer Division continues to wheel and deal. Just one day after revealing a 16 million case deal for Capitol Wright Distributing in Austin, Texas, the largest beer wholesaler in the U.S. announced today an agreement to acquire Paradise Beverage in Hawaii, the company’s 12th market. The transaction is slated to close in early December.
The Reyes Beer Division will enter Texas, its 11th market, with the acquisition of Capitol Wright Distributing LLC. Financial terms were not disclosed but the transaction is expected to close in December.
Ohio Eagle Distributing has a deal in place to acquire Anheuser-Busch InBev’s (A-B) AB ONE distribution operations in Lima, Ohio.
In an effort “to further align” its distribution relationships in California, Sierra Nevada terminated three wholesalers yesterday: Antioch-based Markstein Sales Co., Imperial-based Alford Distributing and Milpitas-based Bottomley Distributing Co.
On-premise sales over Labor Day weekend received “an uplift in velocity” on Sunday (+16%) and Monday (+54%) compared to the previous week, NielsenIQ’s on-premise tracking arm, CGA, reported today.
Craft has had a rocky 2022 in off-premise channels, with declines in dollar sales, distribution and shelf space.
Craft dollar sales declined -5.9% year-to-date through August 20 in multi-outlet plus convenience channels, according to Bump Williams Consulting (BWC), citing NielsenIQ data.
Off-premise trends are looking “challenging” for craft beer, Brian “BK” Krueger and Dave Williams of Bump Williams Consulting (BWC), shared during a Brewers Association (BA) Collab Hour last week.
Scout Distribution announced today that it will acquire Classic Beverage beverage-alcohol portfolio in the greater Los Angeles territory, covering LA, Santa Barbara, Ventura, San Luis Obispo, Orange, Riverside, Kern and San Bernardino counties. The transaction is expected to close in November.