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.
Registration for the Brewers Association’s (BA) annual Craft Brewers Conference (CBC) and BrewExpo America opens Tuesday, May 4, and the trade group has provided an overview of safety measures for the trade show.
Construction is moving forward at Tree House Brewing Company’s future taproom, beer garden and retail outlet in Sandwich, Massachusetts, on Cape Cod, despite opposition from a group of neighbors. “Progress is brisk and we are looking forward to opening as soon as possible and welcoming neighbors and the public into our brewery in Sandwich,” Tree House co-founder and head brewer Nathan Lanier told Brewbound.
Anheuser-Busch InBev has forged a master distributor agreement with Canteen Spirits, while its growth and innovation arm ZX Ventures has made an investment in the 2-year-old ready-to-drink canned cocktail brand.
Brewers Association (BA) chief economist Bart Watson this week delivered his annual state of the industry report virtually for the second time, due to the 2020 cancellation and 2021 postponement of the Craft Brewers Conference, now slated to take place this fall. In 2020, the nation’s 8,764 craft breweries posted a 9% decline in beer volume, so Watson delved into the market forces and consumer trends that led to the first volume decline recorded in BA history during a webinar for members.
Heineken-owned Lagunitas Brewing has named Tony Amaral head of sales, following the departure of Tom McReavy, who formerly led the Petaluma, California-based craft brewery’s sales division before taking the top sales role at Stone Brewing last month.
Sierra Nevada has announced it will reopen its breweries in Chico, California, and Mills River, North Carolina, to the public in May after what will be a 14-month hiatus from on-site service, according to a report in the Chico Enterprise-Record. Philadelphia-headquartered, on-demand delivery platform goPuff announced the completion of a $1.15 billion fundraising round earlier this week.
On the heels of the NCAA tournament’s opening week, Buffalo Wild Wings beverage product and program innovation manager Jason Murphy joins a special 60-minute “Retail Pulse” edition of Brewbound Frontlines to discuss the chicken wing chain’s 2021 mandate program, the importance of local beer to the sports bar’s menus and the increasing presence of hard seltzers and beyond beer offerings in the company’s stores.
A cidermaker and a craft brewer wanted to open a bar, so they founded a distillery. It’s complicated, but it’s the origin story behind the Bale Breaker and Yonder Taproom, set to open this summer in Seattle’s Ballard neighborhood, thanks to a piece of legislation passed in 2020.
Industry veterans Ethan Stienstra and Dan Kiefer today officially launched their next endeavor, Ahead of the Curve Strategy, a Denver-based consulting firm that aims to apply their big brand knowledge to smaller craft breweries and beverage alcohol producers.
Morganton, North Carolina-based Catawba Brewing Company acquired Skytown Beer Company, a brewpub in Wilmington, North Carolina, in a deal that closed February 10. Fifteen months after retrenching to focus on its brewpub, Boulder Beer’s portfolio will return to distribution in 28 states through a partnership with Stem Ciders and contract brewer Sleeping Giant in Denver.
Night Shift Brewing Company will temporarily close its Lovejoy Wharf location in Boston. The last day, for now, is set for Saturday, January 23, and the reopen date is still to be determined.