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Anyone looking for an answer to when craft’s current era of compounding hurdles and declines will come to an end received a reality check Wednesday during Brewers Association (BA) president and CEO Bart Watson’s state of the industry address, held at the start of Day 2 of the Craft Brewers Conference (CBC) in Indianapolis.
Around 10,000 industry members are expected to make the trip to Indianapolis for the 2025 Craft Brewers Conference and BrewExpo America (April 28 to May 1). The gathering takes place against a backdrop of growing headwinds for craft breweries and an overhaul of CBC’s host organization, the Brewers Association.
Southern Glazer’s Wine & Spirits (SGWS) has consistently charged independent retailers as much as 12% to 67% more than national and regional chains for the same products, according to newly unsealed redactions in the Federal Trade Commission’s (FTC) price discrimination case against the distributor.
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.
Corporate America is reassessing its campaign spending in the wake of a rally-turned-riot at the U.S. Capitol last week by supporters of President Donald Trump that left five people — including a Capitol police officer — dead. Within the beer industry, the two largest beer manufacturers in the U.S. told Brewbound that they will review their spending.
The National Beer Wholesalers Association (NBWA) announced during National Slavery and Human Trafficking Prevention Month that the Distributors Against Human Trafficking initiative has trained 6,000 beer distribution employees to safely spot and report the signs of human trafficking. NBWA is well on its way to reaching its goal of training 10,000 employees by the end of 2021.
In the wee hours of Wednesday morning, Massachusetts lawmakers finally passed franchise law reform legislation. If signed by Massachusetts Gov. Charlie Baker, the measure would put to rest a long-simmering debate between the Bay State’s craft brewers and their wholesaler partners.
A dispute in one of the most prominent families in the beer industry — the Massachusetts-based Sheehans, owners of Sheehan Family Companies, which operates beer wholesalers in 13 states and Washington, D.C. — has spilled into the court system. Timothy G. Sheehan and George L. Cushing, a trustee who represents trusts that benefit Tim Sheehan and his brother John T. Sheehan, filed a civil lawsuit in Massachusetts’ Suffolk Superior Court alleging that the patriarch and matriarch of the family, Gerald (“Jerry”) and Maureen Sheehan, have violated their fiduciary duties and misappropriated company funds.
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.
Permanent excise tax cuts for brewers and importers was just a signature away. However, getting pen to paper on the $900 billion economic relief package and a $1.4 trillion government funding bill passed by Congress is now in question after President Donald Trump unexpectedly pushed back against the measures.
A permanent reduction in the federal excise tax for alcohol producers and importers is a signature away. The U.S. House of Representatives and U.S. Senate have both signed off on the $900 billion economic relief package, which includes language from the Craft Beverage Modernization and Tax Reform Act (CBMTRA), as well as additional Paycheck Protection Program (PPP) funding for small businesses, among other measures.
The temporary federal excise tax cuts enjoyed by brewers and importers over the last three years are on the verge of being made permanent. Congress has included language from the Craft Beverage Modernization and Tax Reform Act (CBMTRA) in the $900 billion COVID-19 relief package that is expected to pass in the coming days.
The California Craft Brewers Association (CCBA) has filed a lawsuit against Gov. Gavin Newsom and the California Department of Public Health (CDPH) director Sandra Shewry alleging that the state has infringed upon the constitutional rights and denied the state’s beer manufacturers equal protection by requiring them to serve a meal to guests in order to operate their tasting rooms while not imposing the same restrictions upon the state’s winemakers.
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.
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.