The Brewer’s Association mid-year production survey indicates that BA-defined craft brewery production is down about 10% through the first half of 2020 compared to the same period last year. But it comes with a catch, BA chief economist Bart Watson explains. “Analyzing our survey data, and more generally thinking about the midyear numbers, it… Read More…
Answering the Question: What is the Allure of Hard Seltzer
The explosion in the hard seltzer category is unprecedented in the alcohol beverage business. A $3 billion category was built in a little over two years. Why? How did this happen? What is the allure of hard seltzer? A “flavorist” answers the questions in part by saying that Zoomers and Millennials are not really… Read More…
TX Guild Survey Says a Third of Breweries Won’t Survive if No Relief Comes
A July survey conducted by the Texas Craft Brewers Guild found that one in three Texas craft breweries believe they will have to permanently close in less than three months without some change to the current shutdown order or new economic relief options. Two in three believe they will not make it to the end… Read More…
New Breweries and Expansions Galore in Pennsylvania
Among the pain is the passion. Prior to the pandemic’s sudden arrival in mid-March, there were the usual assortment of brewery expansion projects and new breweries close to opening. After waiting the pandemic out for a time, some have decided to open their doors, despite the virus. Pennsylvania seems to be a hotbed of… Read More…
Jason Yester Sells Trinity Brewing
Jason Yester has sold Trinity Brewing in Colorado Springs and decided to get out of the craft brewing business that he says he no longer recognizes. Yester is well-known in the industry for his unique brewing technique and inspiring beers, including TPS Report, which won a gold medal at the Great American Beer Festival… Read More…
Craft Up in Off-Sale but Many Struggle Due to Lose of On-Premise Business
The surge in grocery store sales has benefited high-end, full-flavor beer brands the most with craft sales up almost 23% and imports up 15% compared to subpremiums which are up 11% over last year for the period of early March to late June. Total beer sales are up 27.5%, driven by hard seltzers, which fall… Read More…
Michael Jackson Foundation for Brewing and Distilling Scholarship Fund Announced
On Twitter today, Garrett Oliver, Brewmaster of the Brooklyn Brewery announced a new brewing and distilling educational scholarship fund predominately for people of color in the industry. THREAD. Today I am pleased to announce the formation of the Michael Jackson Foundation for Brewing and Distilling (MJF). The MJF will fund scholarship awards to predominantly people of… Read More…
Tips for Securing Funding in the COVID Era
Economic relief at the state and federal level only goes so far as craft breweries try to hang on during the pandemic. Craft Brewing Business lays out 10 tips for securing brewery funding during the pandemic here.
Pivoting to New Business Models – Like a $600 Dinner
With seating capacities reduced due to social distancing and many people wary of going out to restaurants and breweries, one esteemed sushi restaurant in Chicago has reopened its indoor space for diners seeking an unusual private dining experience for the hefty price of $600 per person. The hefty price buys out the entire restaurant for… Read More…
Is To-Go Here To-Stay? Webinar Addresses the New Era of Take-Out
Takeout and delivery were the salvation of the casual dining market during the bleakest days of the COVID-19 pandemic. Consumers had no other choice if they wanted the convenience of a restaurant meal, and operators were eager to snag whatever revenues they could while dining rooms were dark. Now, with dine-in service resuming, what will… Read More…
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