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.
On-premise sales velocity on Super Bowl Sunday (February 11) was down -19% versus an average Sunday this year, and -4% versus 2023, according to CGA, NIQ’s on-premise market research arm.
Anheuser-Busch InBev’s (A-B) Bud Light was dethroned by Michelob Ultra as the country’s best-selling draft beer on Super Bowl Sunday as drinkers watched the Kansas City Chiefs defeat the San Francisco 49ers in overtime, according to on-premise data firm BeerBoard.
Consumers poured themselves more than 126.9 million oz. of beer, wine, ready-to-drink (RTD) cocktails and more from PourMyBeer self-serve walls in 2023, according to the beverage technology company’s latest impact report.
New Jersey Gov. Phil Murphy signed into law a bill that will ease strict restrictions on the way craft breweries in the state can operate their taprooms.
For the second time, New Jersey craft breweries are a signature away from having a stringent set of restrictions on their taproom operations removed.
Both houses of the state Legislature passed Senate Bill 4265 and Assembly Bill 5912, which would allow craft breweries to host “an unlimited number of on-premises special events and private parties.”
This year will be the first, other than 2020, in which independent breweries’ volume has declined in the modern era of craft beer, according to the Brewers Association’s (BA) 2023 Year in Beer report.
One shareholder of Massachusetts-based Tree House Brewing has filed a lawsuit against co-owners Nate Lanier and Damien Goudreau, claiming they have misused company funds, neglected to offer shareholder dividends, and withheld tax documentation. Eric Granger, a Monson, Massachusetts resident who owns 2% of Tree House’s shares, filed the lawsuit against Lanier, Goudreau and Tree House… Read more »
Tree House Brewing is looking beyond the golf course to the race track. The Massachusetts-based craft brewery will open a new facility in Saratoga Springs, New York, in 2024, Tree House announced today on social media.
Seattle-based Two Beers Brewing Co. will begin winding down operations after 16 years and close in the coming months, the company announced Wednesday evening.
After 35 years in business in downtown San Diego, Karl Strauss Brewing finally owns the keys to its original brewpub. The company closed on its brewery at Columbia and B streets on October 1, it announced yesterday.