Beer depletions (sales from wholesalers to retailers) in 2019 were mostly flat compared to 2018, although there were a few spikes around summer holidays, National Beer Wholesalers Association chief economist Lester Jones shared during a webinar hosted by Fintech, a data, analytics and invoice processing platform for wholesalers.
In this week’s edition of Last Call: U.S. beer shipments decline 0.8% in 2019; A-B spends $24 Million on Bud Light Seltzer ads; Barefoot to launch wine-based hard seltzer line; A-B and City Brewery announce expansion plans; and more news from the week.
After posting a 6% decline in volume in 2019, Durango, Colorado-based Ska Brewing has refreshed its packaging and launched a hard seltzer line, with plans to to release a low-calorie IPA and open a brewery and distillery in Boulder, in an effort to find new avenues to grow the business.
Dixie Beer Company will officially open its 85,000 sq. ft. production facility to the public on Saturday, marking the return of locally produced Dixie Beer to the market for the first time in about 15 years. And the goals for Dixie are lofty, with the brand taking aim at a domestic premium market long dominated by Anheuser-Busch and Molson Coors.
Molson Coors Beverage Company today announced plans to fully acquire Atwater Brewery, a transaction that has been discussed on and off for the last couple of years, according to Mark Rieth, who has owned the Detroit craft brewery outright since 2005.
Molson Coors Beverage Company’s craft arm, Tenth and Blake, has reached an agreement to acquire Detroit, Michigan-based Atwater Brewing. Terms of the deal were not disclosed but the deal is expected to close in the next couple of months.
Scottish craft beer maker BrewDog’s U.S. operations posted strong growth in 2019. Production at the Scotland-headquartered craft brewery’s facility in Columbus, Ohio, increased nearly 46%, to 53,000 barrels, chief revenue officer Adam Lambert told Brewbound.
For decades, professional sports sponsorships were the domain of the biggest beer companies, and in 2020, that’s mostly still the case. However, craft brewers have been making inroads.
In the latest People Moves: Monday Night Brewing hires a new VP of Sales; the Beer Institute adds health policy and regulatory affairs director; former Half Acre VP seeks new opportunities; Dovetail builds a sales team; and Common Cider appoints a new VP of sales.
In this week’s Last Call: Schlafly acquires Trailhead Brewing; German keg company Blefa invests in American Keg; and Heineken and Bud Light launch non-alc and hard seltzer ad campaigns.
The CANarchy Craft Brewery Collective shipped 14% more beer to distributors in 2019, bringing the total volume for all seven brands to 480,000 barrels, the company announced.
Lagunitas Brewing Company is cutting less than 5% of its workforce as part of a restructuring plan, the Heineken-owned, Petaluma, California-based craft brewery confirmed today to Brewbound.
Coronado Brewing Company is poised for “planned strategic growth” in 2020, the company’s new CEO James Murray told Brewbound. According to Murray, the company’s projections for the year include 5% to 10% depletions (sales to retailers) growth. In 2019, Coronado sold 35,100 barrels, an 8.1% increase from the 32,471 barrels sold in 2018.
A growing number of consumers are turning to online ordering and delivery apps, executives from top on- and off-premise retailers shared during Beer Business Daily’s Beer Industry Summit earlier this week.