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.
Ready-to-drink canned cocktails (RTDs) were a big winner on Drizly over Independence Day weekend (July 1-4), the alcohol e-commerce platform reported today.
In the wake of Breakthru Beverage’s acquisition of J.J. Taylor’s beer business in Minnesota, Summit Brewing Company’s portfolio has moved to A-B house Capitol Beverage Sales in the Minneapolis-St. Paul area, with pieces of territory doled out to College City (A-B) and Dahlheimer Beverage, a Molson Coors house.
After a year-and-a-half of high tension and muted sales, Bang Energy says it has officially ended its distribution partnership with PepsiCo. The Florida-based brand, a subsidiary of VPX Pharmaceuticals, announced in a brief press release today that “all disputes with PepsiCo have been fully settled and resolved” effective immediately and that the brand will return to DSD distribution through a number of new partnerships.
Encompass Technologies, a comprehensive cloud-based ERP, CRM, eCommerce, and data solutions provider for the food and beverage industry, has acquired vintrace, a global leader in cloud-based winery production software.
As middle-tier consolidation marches on, distributors have a new service partner to advise on mergers and acquisitions, as Arlington Capital Advisors (ACA) and the Bump Williams Consulting Company (BWC) announced today the formation of a “strategic alliance” between the two firms.
IRI-defined ready-to-drink alcoholic beverages (RTDs) have recorded nearly $9 billion in sales over the last 52 weeks (ending June 5) in IRI tracked off-premise channels (multi-outlet plus convenience), according to the market research firm.
The buyer of Cincinnati Beverage Co. (CinBev) and its portfolio of craft beer brands has finally come forward.
Everett, Massachusetts-headquartered Night Shift Brewing will begin distributing in Maryland with Legends Ltd., the Baltimore-based subsidiary of Sheehan Family Companies. Manhattan-based Torch & Crown Brewing has entered Massachusetts statewide with Craft Collective.
Since its founding in 2010, Fiddlehead Brewing Company has recorded double-digit growth every year in each of its eight markets, and this year made the Brewers Association’s (BA’s) list of Top 50 Craft Breweries by volume, ranking No. 49.
Who manages your digital shelf? That’s a question that Derek Hahm, the former Craft Brew Alliance (CBA) executive who has been tasked with leading the newly formed E-Premise Group, estimated about 80% of suppliers can’t answer.
Athletic Achieves B-Corp Status Non-alcoholic beer maker Athletic Brewing Company has achieved Certified B Corporation status, which the organization says means a “business is meeting high standards of verified performance, accountability, and transparency on factors from employee benefits and charitable giving to supply chain practices and input materials.” “Being able to identify as a B… Read more »
Delivery service Instacart announced late yesterday that it has confidentially filed a draft registration statement with the Securities and Exchange Commission (SEC) to go public. The announcement comes after the company slashed its valuation and other companies are postponing their own IPOs.
Sonic Hard Seltzer — the drive-thru fast-food chain’s collaboration hard seltzer brand with Oklahoma City’s COOP Ale Works — is now available nearly statewide in 30 states as part of the spring resets.
The alignment of New Belgium and Bell’s Brewery’s distribution networks following the comapnies’ late 2021 merger is picking up steam as the rights to about 500,000 case equivalents of the Comstock, Michigan-headquartered brewery’s beer are about to change hands.