Scout Distribution and Columbia Distributing’s joint venture, Scout Idaho, announced its launch portfolio today. The company will begin taking orders in southern Idaho on October 31, with deliveries following on November 1.
As the calendar turns to the often spirits-heavy holiday season, the National Beer Wholesalers Association (NBWA) highlighted its Beer First Initiative toolkit during its annual convention earlier this month, including selling materials to help better position beer against wine and spirits in the fourth quarter of the year.
BeatBox, makers of a ready-to-drink (RTD) alcoholic fruit punch, just hit a $200 million valuation at the close of its $15 million raise aimed at expanding its national retail partnerships.
San Diego-based JuneShine – a hard kombucha and ready-to-drink canned cocktail (RTD) maker – is on track to produce more than one million cases (about 72,580 barrels) in 2022.
The Boston Beer Company – parent of Samuel Adams, Angry Orchard, Twisted Tea, Truly Hard Seltzer and Dogfish Head – aims to become the No. 1 beer industry supplier in the fourth category, CEO Dave Burwick said during a conference call with investors and analysts to discuss the company’s third quarter 2022 earnings.
This week was all about the numbers as the third quarter data is now in the books. Brewbound managing editor Jess Infante and reporter Zoe Licata hosted a Data Club deep dive into the summer selling season and what’s ahead with 3 Tier Beverages consultant Mary Mills and NielsenIQ VP of alcohol industry thought leadership… Read more »
One week after Kroger announced its plans to merge its business with Albertsons, opposition is growing amid antitrust concerns from stakeholders and government officials.
Boston Beer Company reported a -6% decline in depletions, while shipments increased +1.4% in its third-quarter 2022 earnings report today. Boston Beer recorded a $27.1 million non-cash impairment of intangible assets related to the Dogfish Head brand
Nearly six months into Paul Verdu’s tenure at the helm of Wisconsin Brewing Company (WBC), the Verona, Wisconsin-based brewery is making significant changes to its strategy, focusing its energy on the Lake Louie Brewing brand and WBC’s contract brewing business.
National accounts managers from Odell Brewing, Athletic Brewing, Dry Dock Brewing and JuneShine share how they’ve built their teams and grown sales through chains. This conversation took place in Denver during a live Brew Talks event prior to the Great American Beer Festival.
Chicago-based brewery incubator Pilot Project has hired Todd Haug as its first chief innovation officer (CIO).
The average price per case of craft beer is up +4.6% year-to-date and “continues creeping into the $40+ per case range,” according to Bump Williams Consulting, citing NielsenIQ data through October 1. The average price paid per unit is up +2% compared to a year ago, the firm added.
Many new beverage-alcohol products on display at the National Association of Convenience Stores (NACS) trade show earlier this month in Las Vegas “[f]ocused on premiumization, convenience, betterment and enhanced flavor profiles,” according to Goldman Sachs senior equity research analyst Bonnie Herzog.
Off-premise craft beer sales through the first three quarters of 2022 are in the red (-5.1%), although trends have “slowly [creeped] toward break-even” through the summer months (July, August, September), according to the latest craft breakdown from Bump Williams Consulting (BWC), citing NielsenIQ data through October 1.
