Craft beer industry news.
The Consumer Price Index (CPI) for beer at home continues to tick up, increasing +3% last month (seasonally unadjusted) versus February 2023, according to the U.S. Bureau of Labor Statistics (BLS).
Off-premise dollar sales of craft beer declined -2.7% in the four-week period ending February 25 in Circana-tracked multi-outlet and convenience store scans. Craft scans are now down -2% year-to-date (YTD) through late February, amounting to a loss of around $12.3 million for the segment, with sales of $619.9 million, the Chicago-based market research firm reported. This comes as the average case price of craft beer is up +$0.75 in the last four weeks, to $43.44, and up +$0.64 YTD, to $43.39.
In this latest round of distribution news, we check in with new coconut vodka water, Mother’s Milk and another fruit-infused vodka cocktail named after the same parent, Mom Water, as well as craft distillers Heritage Distilling and Frey Ranch, plus news from rum Coconut Cartel.
Landlord issues have been a frequent reason cited among recent brewery closures. What do you need to look out for in a lease? When should you start renewal discussions? How do you navigate improvements? BPE Law Group associate attorney Melanie De Marco gives a leasing 101 course.
As it looks to scale up to meet fast-rising demand for new innovations, Liquid Death announced this morning it has closed a $67 million funding round at a valuation of $1.4 billion.
A bipartisan bill is reigniting the fight to give a tax dedication to bars and restaurants with draft beer systems.
Alaskan Brewing Company is proud to release a new lifestyle-focused beer, WILDNESS, to its year-round product lineup. Crafted in Juneau, Alaska, which is famously located off the road system and only accessible by boat or plane, WILDNESS is now available in all current Alaskan Brewing Company markets.
Fighting back against anti-alcohol messaging and rediscovering industry optimism following a year of flat spirit sales were two of the major themes at the annual Distilled Spirits Council of the U.S. (DISCUS) conference in San Diego last week.
I’m beginning to think Jason Kelce may need to take up knitting in retirement, otherwise I’m getting concerned he’s just going to be asked to chug beer wherever he goes from now on.
The independent, family-owned brewers of the iconic Shiner Bock Beer kick off its new campaign, “It’s a Texas Thing,” with a TV ad starring native Texan actor, Jesse Plemons.
Lakewood Brewing Co. has launched Stub’s – Texas Pils (4.5% ABV), a clear, crisp, and refreshing pilsner with a balanced smooth finish.
Domestic tax paid shipments increased +1.8% in January 2024 versus January 2023, marking the first year-over-year (YoY) increase since February 2023, according to the Beer Institute (BI), citing estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
Just in time for the warmer months ahead, Portland Cider Company has introduced Pacific Berry as a new addition to its core lineup.
A year and a half post-merger, Sapporo-Stone is hitting its stride.
