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.
The vast majority of wholesalers (88%) are seeing drinkers in their markets trade down, or are expecting them to, according to a survey from financial services firm Jefferies. Monday Night Brewing is undergoing a full rebrand after more than 11 years.
Lagunitas will close its Seattle taproom next month, which was “not a decision we took lightly,” the Heineken-owned craft brewery said. Cloverdale, California-headquartered Bear Republic brewing shuttered its remaining taproom for the winter on December 11, and plans to reopen in the spring. Portland, Oregon-based Sasquatch Brewery announced last month it will halt beer- and cider-making operations, but its pub will remain in business.
An LLC led by the former president and CEO of Pittsburgh Brewing has acquired Weyerbacher Brewing following the Easton, Pennsylvania-based craft brewery’s second bankruptcy case, according to LehighValleyLive.com.
Consumer trends of premiumization, convenience, flavor, and health and wellness continue to drive shopping behavior in both the on- and off-premise channels, experts from NielsenIQ reported during a webinar this week.
Scottish craft beer maker BrewDog is no longer B Corp certified, less than two years after earning the status, The Guardian reported Thursday.
Austin Beerworks has purchased 64 acres of land in Austin, Texas, which will be the future home of “Austin Beerworks’ world headquarters,” the company announced last month.
Draft sales on the night before Thanksgiving declined -17.1% compared to the same day in 2021, on-premise data firm BeerBoard reported. Drizly reported that ready-to-drink canned cocktails increased sales nearly +40% on the e-commerce alcohol delivery platform this Thanksgiving weekend compared to the holiday in 2021.
Great Notion Brewing will open its first California taproom this year, taking over the former Sierra Nevada Torpedo Room in Berkeley, California. The move comes as the Portland, Oregon-headquartered craft brewery shifts its focus to own-premise growth, as direct-to-consumer (DTC) sales have trailed off.
San Francisco-based Cellarmaker Brewing Company has acquired The Rare Barrel and its facility in Berkeley, California. Two days before the 2022 FIFA World Cup is scheduled to kick off in Qatar, the country has said it will not allow beer sales at the event, walking back previous expectations, The New York Times reported.
Asheville-based brewery DSSOLVR is thrilled to announce its second taproom, opening in downtown Durham, North Carolina in 2023. The Atlas Building on Rigsbee Ave will be home to DSSOLVR’s first taproom outside of Asheville, with plans to begin construction on the 2,500 square foot space in early 2023 and a projected opening date later in the year.
The Brooklyn Brewery’s search for a long-term home is finally over. The 34-year-old New York brewery announced today that it will anchor the Greenpoint-Williamsburg Industrial Business Zone real estate development, with plans to open in the space in summer 2024.
The Consumer Price Index (CPI) for beer away from home increased +7% in October 2022 compared to October 2021, the largest price increase ever recorded for the category, according to the Bureau of Labor Statistics (BLS).
Leisuretown, Modern Times’ Anaheim, California-based taproom, complete with a swimming pool, has closed, Brewbound has confirmed.
Data from beer-centric social media platform Untappd, which tracks where and when users drink beer, shows that traffic at brewery taprooms has recovered to 117% of January 2019 levels.
