Brewers Association-defined craft beer companies could lose nearly 18 million cases equivalents if the shutdown of nearly all U.S. on-premise outlets forced by COVID-19 lasts through April, Nielsen CGA client solutions director Matthew Crompton shared during Friday’s Brewers Association Power Hour webinar.
Constellation Brands will continue production of import brands Corona, Modelo and Pacifico at its facilities in Mexico, despite the suspension of nonessential businesses in that country.
Danelle Kosmal, Nielsen’s VP of beverage alcohol practice, shared thoughts on beverage alcohol’s big stock up, if the trends will continue, the spike in e-commerce sales and more.
The Alcohol and Tobacco Tax and Trade Bureau (TTB) announced Tuesday that it will postpone tax payments and filing deadlines as its constituent businesses grapple with the effects of the COVID-19 pandemic. Craftworks Holdings has laid off its nationwide staff of 18,000 people, according to Westword.
The Brewers Association tapped representatives from law firm McDermott Will & Emery to educate members on the $2.2 trillion stimulus package signed into law last week to provide relief during the COVID-19 pandemic.
The state of Massachusetts, which temporarily banned on-premise dining and drinking on March 17, has taken a step toward approving to-go sales of beer and wine, something most other northeastern states have had in places since their on-premise bans began.
Every brewery’s goal right now should be survival, Monday Night Brewing Company co-founder Jeff Heck told Brewbound editor Justin Kendall during an interview last Friday. “If you’re not already in survival mode, you’re weeks behind,” he added.
Rabobank analysts Jim Watson and Bourcard Nesin, who also host the Liquid Assets podcast, shared insights into the shift in consumer purchasing behaviors caused by the coronavirus disease, the effect on premium products, the e-commerce opportunity and the challenges facing small brewers and much more.
The U.S. House of Representatives passed the $2.2 trillion stimulus package Friday afternoon and sent the bill to President Donald Trump, who signed the bill into law at 4 p.m. ET in the Oval Office. U.S. brewers shipped 11,350,000 barrels in February, a decline of 0.7% compared to February 2019, according to national trade group the Beer Institute.
Ball Corporation has added production of 32 oz. crowler cans and expects to have a supply ready to hit the market in two days. The U.S. Senate unanimously passed the Coronavirus Aid, Relief, and Economic Security Act, the $2 trillion stimulus package to aid the public health and economic crisis caused by the COVID-19 pandemic. Deschutes Brewery founder Gary Fish told the Bend Bulletin that the company has laid off about 60% of its staff.
As draft beer has almost entirely stopped flowing in the U.S. due to on-premise shutdowns caused by efforts to stop the spread of the novel coronavirus disease COVID-19, craft brewers are turning to crowlers — 32 oz. cans filled and sealed on demand — to sell the beer left in their kegs before it oxidizes.
Torch & Crown Brewing Company co-founder and CEO John Dantzler shares how the New York craft brewery is adapting during the COVID-19 pandemic, the federal assistance small businesses need, the loosening of liquor laws during the crisis, and much more.
San Diego, California-headquartered Green Flash Brewing has furloughed or laid off most of its staff, VP of marketing Ben Widseth confirmed to Brewbound on Tuesday evening.
Deschutes Brewery has laid off “well over 100” employees after temporarily shuttering its pubs and tasting rooms and scaling back on-premise sales through distribution, VP of sales and marketing Neal Stewart confirmed to Brewbound.
