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On-premise chain accounts have bounced back from initial COVID-19 declines that shut down their businesses, but on-premise pains are far from over, according to CGA, the on-premise arm of market research firm NIQ.
Seasonal trends for onsite brewery sales have remained relatively consistent since January 2021, but “in real terms” – i.e. accounting for inflation – onsite sales continue to decline, according to Brewers Association (BA) staff economist Matt Gacioch, citing data from Arryved.
While the amount of bars and restaurants in operation has recovered to pre-pandemic levels, beer’s on-premise business has yet to bounce back, with keg volume expected to be 2.5 million barrels below where it should be by the end of 2023, according to the Brewers Association.
New Belgium has completed several upgrades at its LEED-certified production brewery in Asheville, North Carolina, including the addition of a large solar installation, the company announced today.
The majority of distributors (70%) are seeing better growth for beer this spring, respondents told financial services firm Jefferies in a survey published today.
On-premise sales velocity increased +3% in the week ending May 7, following a -1% decline in the week ending April 30, according to a report from the market research firm CGA.
On-premise volume declined for the third consecutive period, decreasing -1.9% over the weekend of May 5-8 compared to the weekend before, according to the market research firm BeerBoard.
Winners of the World Beer Cup – an international beer competition organized by the Brewers Association (BA) – were announced Thursday for the first time since 2018, at the conclusion of Craft Brewers Conference (CBC) in Minneapolis.
A bill to expand to-go sales from Minnesota craft breweries has been paired with a proposed agreement that all parties involved in the legislation’s negotiation – which include organizations representing the state’s craft brewers, wholesalers and liquor stores – would promise to refrain from promoting other alcohol-related laws for five years.
The open rate of on-premise establishments tracked by BeerBoard hit 97% over the weekend (April 21-24), the highest recorded rate since the firm began tracking in May 2020.
A new non-profit organization is attempting to promote draft beer as the industry’s “most-ownable, differentiated weapon” in the on-premise channel, as well as the most sustainable choice in bars and restaurants.
Dodge City Brewing, including its Dodge City, Kansas-based taproom, five-barrel brewhouse, and intellectual property, has been listed for sale, following the intended retirement of co-founder and brewmaster Larry Cook.
Societe Brewing is expanding its distribution footprint into Northern California, beginning April 11. The San Diego, California-based brewery now distributes in all key California markets through “100% independent distributors,” Societe founder and CEO Doug Constantiner announced Monday during the California Craft Brewers Association (CCBA) Members Conference.
San Diego-headquartered JuneShine released its first commercial campaign today, promoting its recently launched ready-to-drink, spirits-based canned cocktails with the tagline of “Dodge the Sugar.” Beer buyers’ behavior has “continued to revert to pre-pandemic trends” for the third consecutive month, according to the National Beer Wholesalers Association’s (NBWA) March Beer Purchasers’ Index (BPI).