The Brewers Association released its annual list of the top 50 producing craft brewing companies and overall brewing companies in the U.S., based on beer sales volume. “Although 2020 will be a markedly different year than 2019 for the craft brewing market, these companies are well positioned to help the craft category weather the current… Read More…
Gordon Biersch Restaurant and Rock Bottom Chain Announce Mass Layoffs
CraftWorks Holdings, which owns the Gordon Biersch Brewery Restaurant chain, Rock Bottom Restaurant & Brewery chain and Logan’s Roadhouse has permanently laid off nearly all of its 18,000 employees and closed its 261 restaurants in response to stay-at-home orders issued in most states due to the coronavirus. The company filed for bankruptcy in early… Read More…
Ken Grossman – COVID Crisis ‘Most Stressful Weeks’
In a new NPR podcast Ken Grossman, founder of Sierra Nevada Brewing Company says that dealing with the current Covid crisis is at the pinnacle of challenges he has faced since founding the brewery 40 years ago. “It’s been one of the most difficult and stressful weeks in our existence,” he explains. “There’s been… Read More…
Pantry Loading Pops Off-Prem Beer Sales
The numbers are starting to come in, and no surprise, off-premise sales captured by scan data are showing a pop in beer sales due to the dramatic increase in sales at grocery stores across the country due to the COVID-19 crisis. According to an article in Seeking Alpha, Nielsen scan data shows beer sales… Read More…
Brewpub Lifeline –Take Out Service
As more states issue shelter-in-place orders due to the COVID crisis, breweries with a kitchen and food service have found a lifeline; providing food to go orders. It can be enough to keep some employees working and enough revenue coming in to pay for some of the fixed costs such as rent, insurance and other… Read More…
Congress Close to Passing Economic Relief Package
The Senate passed the Coronavirus Aid, Relief, and Economic Security Act to address the economic crisis facing the country due to COVID-19. The bill is being heard on the House side today with hopes it will be passed by the House and signed by the president tomorrow. Details on how the bill will benefit craft… Read More…
Mexico Halts Construction of Massive Constellation Brewery
The Mexican government has announced that it won’t allow Constellation Brands to proceed on building a massive, partly-built $1.5 billion brewery on the border town of Mexicali after residents rejected it in a referendum. Public protests have increased over recent months in opposition to the breweries use of water. The brewery was projected to… Read More…
Industry Experts Analyze the Alcohol Beverage Industry Crisis
A podcast featuring leading experts in the alcohol beverage finance, retail, distribution and manufacturing tiers speak about the new world in the beer business. The podcast features Kaumil Gajrawala of Credit Suisse, JB Shireman of Arlington Capital, and Bump Williams of Bump Williams Consulting and is moderated by Harry Schuhmacher from Beer Business Daily. Share your… Read More…
Brewers Association to Host Legal Options Webinar on Monday, March 23
The Brewers Association has announced an online webinar focusing on legal options for brewers in this time of crisis. Monday, March at 9am Pacific, 12pm Eastern. Details and a link to register can be found below. Date and time: Monday, March 23, 2020 10:00 am – Mountain Daylight Time (Denver, GMT-06:00) Monday, March 23, 2020… Read More…
Some Brewers Turn to Making Hand Sanitizer
As beer sales plummet across the country and many breweries begin to shut down and layoff staff, some are turning to making a scarce commodity – hand sanitizer. Distillers are getting in on the act as well. In most cases it is being handed out to free to the local community. Not quite making… Read More…