The once-booming flavored malt beverage (FMB) segment is “showing some concerning declarations over recent weeks,” Bump Williams Consulting (BWC) founder Bump Williams noted in a recent report. FMB volume gains dropped by half – from +2.2%, to +1.1% – from the four-week period to the one-week period ending May 18, according to NIQ retail measurement data cited by BWC.
Anheuser-Busch InBev (A-B) recorded double-digit shipments and depletions declines for its U.S. business in 2023, drawing to a close a tumultuous year for the company, A-B reported today.
Constellation Brands and Molson Coors are expected to annex more shelf and cooler space in convenience stores following the upcoming spring 2024 resets, according to Goldman Sachs Equity Research’s recent Beverage Bytes survey.
Employees at Anheuser-Busch (A-B) InBev-owned Widmer Brothers Brewing have voted to join Teamsters Local 162, the union announced. Stony Creek Brewery has been approved by its hometown of Branford, Connecticut to construct a new tank farm, which would expand the company’s brewing capacity from 48,000 barrels, to 100,000 barrels.
Anheuser-Busch InBev (A-B) will still be promoting its big beer brands during Super Bowl LVII, despite foregoing its exclusivity rights for the Big Game this year.
Things just got a little easier for New Jersey craft breweries planning to play the remaining games of the NFL season in their taprooms.
Even as A-B hopes for a rediscovery of Bud Light, the company is preparing for Michelob Ultra, its second best-selling brand, to overtake Bud Light as its best-selling brand within the next five years, Anheuser-Busch InBev U.S. CMO Benoit Garbe said.
A judge has denied Anheuser-Busch InBev subsidiary Grupo Modelo’s bid for partial summary judgment in its trademark infringement lawsuit against Constellation Brands for the company’s use of the Corona trademark for hard seltzer.
With premiumization showing no signs of slowing, Anheuser-Busch InBev’s High End leaders are focusing on key import, lifestyle and craft brands in 2023.
Last week’s decision by Qatar officials to ban alcohol sales at stadiums – two days before the first 2022 FIFA World Cup match – could impact the relationship of FIFA and beer sponsor Anheuser-Busch InBev (A-B) through 2026.
San Francisco-based Cellarmaker Brewing Company has acquired The Rare Barrel and its facility in Berkeley, California. Two days before the 2022 FIFA World Cup is scheduled to kick off in Qatar, the country has said it will not allow beer sales at the event, walking back previous expectations, The New York Times reported.
Executives from Anheuser-Busch InBev (A-B), Molson Coors Beverage Company and Constellation Brands all championed core beer during Beer Marketer’s Insights’ Beer Insights Seminar Monday in New York City.
Another soda company is testing the beverage-alcohol market – this time with the world’s largest beer manufacturer. Novamex, the maker of Mexican soda brand Jarritos, is partnering with Anheuser-Busch InBev (A-B) to launch Cantaritos Hard Sodas in California and Texas markets next spring.
Anheuser-Busch InBev (A-B) reported a +12.1% increase in revenue, to $15.091 billion, and +3.7% volume growth in the third quarter of 2022, compared to the same period last year, the company shared today in its earnings report.
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.
The first goal of incoming Beer Institute (BI) chairman Anheuser-Busch CEO and North American zone president Brendan Whitworth is to continue delineating the differences between beer and hard liquor. In his address to the annual meeting of the trade group representing the country’s largest brewers, Whitworth highlighted three goals for his term leading the BI… Read more »
If resilience was the theme of 2021 for the National Beer Wholesalers Association (NBWA) and its members, adaptability was the theme for 2022, CEO and president Craig Purser and chairman of the board Peter Heimark said today, kicking off the NBWA’s 85th Annual Convention in Chicago. In 2022, beer distributors battled inflation, fuel costs, supply… Read more »
