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DAILY BRIEFING: LITE EDITION
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A preview of today's news & insights for the beer industry.
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| | Brewbound Insiders are diving into top 30 craft brand performances in Circana-tracked off-premise through late May, including several year-over-year declines for New Belgium’s Voodoo Ranger offerings. Insiders are also: - Learning about layoffs at Ballast Point;
- Reading about the closure of the Labatt Brew House Buffalo taproom;
- And checking out the latest round of economic reports from the Beer Institute.
Brewbound Insiders are diving into top 30 craft brand performances in Circana-tracked off-premise through late May, including several year-over-year declines for New Belgium’s Voodoo Ranger offerings.
Insiders are also:
- Learning about layoffs at Ballast Point;
- Reading about the closure of the Labatt Brew House Buffalo taproom;
- And checking out the latest round of economic reports from the Beer Institute.
Insiders also have access to the Brewbound Newsletter Archive, including previous newsletter-exclusive Insider content.
Become a Brewbound Insider today! Or, be in the know on all food and beverage news from Brewbound, BevNET and NOSH with Insider All Access. |
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| | Craft beer’s dollar sales declines continued to accelerate through late May, according to market research firm Circana. Craft dollar sales in Circana-tracked off-premise channels (multi-outlet plus convenience) declined -5.5% in the four-week period ending May 19, accelerating from -3% in the previous period (ending April 21). Declines were also larger than the latest 12-week (dollar sales -3.5%) and year-to-date (-2.9%) trends (through May 19). However, volume trends – measured by case sales – improved, declining -1.7% in the L4W, versus -4.7% in the previous four-week period, -2.4% in the L4W and -2.7% YTD. Insiders can read more, including how top 30 brands performed in the L4W, and trends in convenience stores and grocery. |
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| | Southern Glazer’s Wine and Spirits chairman Harvey R. Chaplin died at age 95 yesterday at his home in Miami, the company announced. CEO Wayne E. Chaplin said in a press release: “It is with great sadness that I announce the passing of my beloved father, Harvey Chaplin, our company’s founder and chairman, and one of the icons of our industry. His influence as a leader, a philanthropist, a loving family man, and patriarch of our family has left an indelible mark on all who have known and worked with him. He was a larger-than-life figure and will be greatly missed by my family, and our entire Southern Glazer’s team.” Insiders can read more about Chaplin’s storied career and his legacy of philanthropy. |
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| | Following news that Kings & Convicts-owned Ballast Point had ceased production at its Miramar, California brewery and sold the facility to an unnamed buyer, the company has confirmed two rounds of layoffs, San Diego Beer News reported last week. The 107,000 sq. ft. brewery’s new owner will contract brew Ballast Point offerings while the company seeks to develop a new headquarters and production facility, according to San Diego Beer News. In addition to selling the Miramar brewery, Ballast Point has also sold its Home Brew Mart location to former long-time employee Jim Johnson, according to San Diego Beer News. Insiders can read more about the store’s importance to Ballast Point’s history and Johnson’s plans for the establishment. |
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| | April domestic tax paid shipments declined an estimated -4.3% year-over-year (YoY), to 12.3 million barrels, according to Beer Institute (BI) chief economist Andrew Heritage, citing estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB). While still in decline, April shipments improved from the -13.6% YoY decline recorded in March, which followed two consecutive months of growth and the “strongest monthly growth in almost three years” in February. The TTB also continues to update its estimates, and March’s double-digit decline could still change. Insiders can read more, including how imports recovery helped boost total supply, details on state shipments and Heritage's thoughts on larger economic trends. |
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| | | | Sapporo-Stone has officially named Zach Keeling as the company's new CEO. Keeling had served as interim CEO since January when Maria Stipp exited the company. His appointment appeared to be a foregone conclusion. Keeling is part of a sea change in leadership at craft breweries over the last couple of years. Brewbound editor Justin Kendall caught up with new Creature Comforts CEO Adam Beauchamp on his plans for the Georgia-based craft brewery. In other news ... Suntory shot down a Wall Street Journal story claiming the Japanese spirits giant was in talks to buy Boston Beer. The Sheehan family lawsuit is officially over, and Gerald Sheehan’s sons will be taking over the business. In other middle-tier news, Politico reported that the FTC is preparing a lawsuit against Southern Glazer’s over alleged pricing practices that favored large retailers. Brewbound Insiders can also catch up on these data stories: |
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| | Last week’s Brewbound Podcast marked the return of Jess Infante. The Brewbound team ran down the big news stories of the last week, including Anchor getting rescued from the deep, Boston Beer sale rumors and Monster Brewing shuttering another operation. The episode also includes ghost stories and multi-state taproom strategies with Monday Night’s Jeff Heck, the future of the Cicerone Certification Program with Jason Pratt and Dan Imdieke and the importance of marketing with Rob Day. A special bonus episode of the podcast also dropped on Friday, featuring lager talk with Jack’s Abby and Von Ebert, and marketing tips and tricks with Julie Rhodes. Speaking of lagers, Alisa Bowens-Mercado shared Rhythm Brewing’s core style and plans for the future in the latest Insider exclusive A Round With Q&A. More videos from the Brewbound team’s conversations at CBC are popping up at Brewbound.com, featuring Julie Rhodes, Rob Day, Kelly McKnight, 3 Tier Beverages and more. Need the news with more GIFs? Check out Sean McNulty’s Insider’s Week in Beer newsletter. |
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| | | | BevNET Live, Brewbound’s sibling publication’s summer business conference, will take place Wednesday, June 12, and Thursday, June 13, in New York City. The event will be live-streamed both days at BevNET.com and you can watch along starting Wednesday morning. Conversations will feature leaders from: Diageo, Suntory, 3 Tier Beverages, Gopuff, Whole Foods, Keurig Dr Pepper, Mom Water and more. Also, a fresh Brewbound Podcast will be dropping into your feed mid-week. |
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| | | | Brewbound is excited to announce three additional speakers for the Brewbound Live business conference December 11 and 12 in Marina del Rey, California. The two-day conference will bring together leaders from all three tiers for business-focused conversations on driving the bev-alc industry forward, data presentations, networking and brand building at the Marina del Rey Marriott. Joining the speaker roster are: - Arthur Moye, owner and CEO of Full Circle Brewing;
- Kaleigh Theriault, director of thought leadership, beverage alcohol vertical, NIQ;
- Brian “BK” Krueger, VP of business development and portfolio strategies, Bump Williams Consulting.
They join previously announced speakers include: - Natalie Cilurzo, co-owner, Russian River Brewing;
- Peter Skrbek, CEO, Deschutes Brewery;
- Lester Jones, chief economist and VP of analytics, National Beer Wholesalers Association;
- Jennifer Hauke, founder and president, Draftline Technologies.
Additional speakers will be announced in the coming weeks. Interested in speaking? Follow this link to see our speaker guidelines. In addition to the mainstage programming and networking parties, Brewbound Live will feature opportunities for one-to-one conversations between brewers and bev-alc brands and retail buyers from chains such as Whole Foods Market. Registered attendees will be considered for meetings with buyers, as space is limited. Find out more details here. Brewbound Live tickets are available now. |
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