Catawba Brewing Company’s locations in Charlotte and Wilmington, North Carolina have been closed by Made By the Water, the portfolio company of family office Wiregrass Equity Partners, according to reports.

Boston Beer Company chief sales officer John Geist will retire at the end of the year after 26 years with the company and seven years leading sales.

The latest Gallup poll of U.S. drinkers found that consumption habits have remained “relatively stable,” the firm reported Monday. Gallup’s “Consumption Habits” poll, conducted from July 3-27, found that 62% of Americans say they drink alcoholic beverages, hovering around the 63% average the poll has returned since 1939.

Tilray Brands announced an $85 million all cash deal to acquire eight craft beverage brands from Anheuser-Busch earlier this week. Tilray CEO and chairman Irwin D. Simon spoke with Brewbound about the transaction on Tuesday. Here’s our Q&A.

Tilray Brands is acquiring eight craft brands from Anheuser-Busch InBev in a blockbuster all cash deal announced today.

Dharma Tamm is stepping down as president of Rogue Ales & Spirits after four years at the helm of the Newport, Oregon-headquartered craft brewery. Steven Garrett, Rogue’s VP of marketing and creative, will assume the president role beginning October 1.

The trickle down from Bud Light’s sales declines are beginning to materialize in its supply chain partners’ earnings. On the same day that Anheuser-Busch InBev reported double-digit declines in revenue, shipments and depletions in the U.S., Ball Corporation shared that its second quarter volumes declined -8.5% in North and Central America, which the company attributed to “customer mix, particularly in the domestic mass beer category.”

The fallout of Bud Light’s sales declines has led to several gains for Molson Coors in the second quarter with potentially more on the horizon. During Tuesday’s call with investors and analysts, Molson Coors president and CEO Gavin Hattersley noted that several retailers have moved up the timing of their shelf resets from the spring to the fall.

Partake Brewing has promoted chief commercial officer Evan Cohen as president to lead the Toronto-headquartered non-alcoholic beer (NA) maker through its next growth phase.

Molson Coors reported Q2 earnings results today, reporting its best quarterly brand volume trends in the U.S. since 2008, with Coors Lite, Miller Lite and Coors Banquet each recording double-digit growth.

The National Beer Wholesalers Association’s (NBWA) Beer Purchasers’ Index (BPI) for July marked the second consecutive month of positive ordering trends for a majority of segments, including a 14-point jump for premium regular (50 reading).

Boston Beer Company reported its second quarter earnings today, with net revenue declining -2.1%, to $603.3 million, compared to the same period in 2022.

Coca‑Cola Company chair and CEO James Quincey added additional color to the news that the soda giant had obtained a federal basic alcohol permit and launched an alcoholic beverage subsidiary, Red Tree Beverages, in the second quarter. Quincey described Red Tree “more of a technicality than some new big step.”

Anheuser-Busch InBev (A-B) announced a corporate restructuring today that will see the world’s largest beer manufacturer cut just under 2% of its U.S. workforce, an A-B spokesperson confirmed with Brewbound.