Read the latest beer industry news relating to brewery operations, taproom updates, openings, and closings. Stay up-to-date on new beer ventures and taproom openings and learn about the challenges leading to shutdowns.
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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.
Amherst, Wisconsin-based Central Waters Brewing announced on Twitter Sunday that it will be taking over the closed Pabst pilot facility in downtown Milwaukee, converting the space into its own pilot brewery and taproom.
The positive velocity trends in on-premise retailers have carried over through the latest analysis from market research firm CGA.
Source Farmhouse Brewery is headed to Philadelphia.
The president of Mexico announced an agreement with Constellation Brands last week to build a new brewery in the southeastern part of the country, according to Reuters.
Athletic Brewing, a non-alcoholic (NA) craft beer maker, raised $50 million in a Series C funding from investors, spearheaded by the Alliance Consumer Growth (ACG) and TRB advisors, which concluded on May 11.
Major U.S. events and celebrations in May led to large upticks in on-premise visits, according to the latest consumer survey from CGA, a market research firm that tracks on-premise sales.
The latest on-premise report from market research firm CGA shows continued positive trends for consumers going to bars and restaurants.
Atlanta-headquartered Monday Night Brewing announced plans today to open a 3,000 sq. ft. taproom in Nashville’s Germantown neighborhood, according to the Nashville Business Journal.
In the latest chapter of “a wine story told by craft beer makers,” Odell Brewing Company has opened the OBC Wine Project Taproom — a 2,000 sq. ft. winery and taproom adjacent to the company’s Fort Collins production facility.
Iron Heart Canning has added new warehouses in Chicago and Springfield, Massachusetts, bringing its total number of warehouses to 25 throughout New England, the Mid-Atlantic, Southeast, and Midwest.
Hop Butcher For The World has reached an agreement with Half Acre Beer Co. to purchase its Lincoln Avenue brewery and taproom in Chicago.
Lone River Ranch Water announced the expansion of their distribution in 21 states this summer.
The Yuengling Company LLC, the joint venture formed last year between D.G. Yuengling & Son, Inc. (DGY) and Molson Coors Beverage Company, announced it will enter the Texas market this fall through Molson Coors-aligned wholesalers.
Dogfish Head Miami will open May 21, occupying the Wynwood taproom previously housing Boston Beer subsidiary Concrete Beach Brewery, which closed in September 2020.
