CGA Impact Report: Planned On-Premise Visits for Mother’s Day -10 Points Versus 2023
A majority of consumers plan to celebrate Mother’s Day outside of bars and restaurants, according to the latest impact report from CGA, a NIQ-powered on-premise market research firm.
NIQ: As RTDs Become Mega Category, FMBs, Spirits-Based RTDs Grab Shelf Space
With changing demographics and drinking habits, and as inflation and desire for convenience shifts shopping patterns, suppliers should view ready-to-drink (RTD) offerings as a unique mega category, according to a new report from NIQ.
BA Focusing on Legislation to Widen Market Access for Craft Brewers
The Brewers Association (BA) is prioritizing legislative efforts that widen craft brewers’ market access as the segment faces a challenging sales environment and narrowing distribution routes, BA general counsel Marc Sorini said during a presentation at the Craft Brewers Conference (CBC) last month in Las Vegas.
🌭 INSIDER’S Week in Beer: You Had Me at $1 Weiners
Well, $1 hot dog night at CITI FIELD was clearly a resounding success this week, although sadly it was still accompanied by $15 beer night.
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Beer Institute: Decelerated March Shipments Bring Q1 Into the Red; All 50 States Report Shipment Declines
Domestic tax paid shipments declined an estimated -13.6%, to 12.7 million barrels, marking a loss of more than 1.9 million barrels in March 2024 versus March 2023, according to Beer Institute chief economist Andrew Heritage, citing estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
Golf Brand Bob Does Sports Swings into RTDs with Help From BevAlc Influencer Accelerator
The vast majority of shoppers (82%) can’t match influencers to the brands they own, according to a new report from Numerator— but that’s not discouraging influencer or celebrity brands from trying. One BevAlc company, co-helmed by the founder of hydration drink brand Roar Organics, is even building its business model around quickly bringing influencer brands to market.
A Round With … Craft ’Ohana’s Scott Metzger
On the heels of the 2024 Craft Brewers Conference (CBC), Brewbound caught up with Craft ’Ohana president and COO Scott Metzger for our weekly Insider-exclusive A Round With Q&A series. Metzger shook up CBC with a real talk chat titled “Your Brewery Is a Business, Not a Hobby.” Metzger discusses the talk, the path forward for craft brewers and how Craft ‘Ohana brands are performing.
Monster Co-CEO Rodney Sacks Announces Succession Plan in Q1 Earnings Call
Monster Beverage Corporation chief executive Rodney Sacks laid out a likely succession plan Thursday that will eventually see co-CEO Hilton Schlosberg taking over the role entirely, as Sacks is “considering” reducing his day-to-day duties sometime next year.
Imports Pass Domestic Premiums As Largest Beer Segment by Dollar Sales
Move over domestic premiums, imports are king. Imports overtook domestic premiums in dollar sales in NIQ-tracked off-premise channels in the four-week period ending April 20, making imports the No. 1 beer segment in scans.
Bump Williams Consulting: Craft Finds Q1 Growth in Grocery; New Belgium No. 1 Craft Beer Vendor
Craft finished Q1 with dollar sales nearly flat year-over-year (YoY), declining -0.3% in NIQ-tracked off-premise channels (total xAOC + liquor plus + convenience) through March 30, Bump Williams Consulting (BWC) reported in its first quarterly craft report for 2024.
Brewbound Podcast On Location CBC Conversations with Breeze Galindo and Pam Brulotte
The first round of interviews from the Brewbound Podcast On Location at the Craft Brewers Conference (CBC) in Las Vegas are here. Breeze Galindo, the director of operations on the Michael J Jackson Foundation for Brewing and Distilling, discusses the foundation’s work. Then, Icicle Brewing owner Pam Brulotte chats about her journey into the brewing industry.
No-Li Files Lawsuit Against Tilray Over Use of ‘Big Juicy’
Spokane, Washington-based No-Li Brewhouse has filed a lawsuit against Tilray Brands alleging that the beer and cannabis platform has infringed on its trademark for “Big Juicy” beers, according to Law360.
Molson Coors Exceeds Q1 Shipment Expectations Despite 10+ Week Strike at Fort Worth Facility
Molson Coors’ shipments in the Americas outpaced depletions by more than 750,000 hectoliters (more than 639,000 barrels), exceeding the company’s already inflated expectations for Q1 as it prepares for elevated summer sales, leadership shared today on a call with investors and analysts.
Beam Suntory Rebrands to Suntory Global Spirits
Beam Suntory is rebranding to Suntory Global Spirits, a move that both reflects back on the decade since the Japanese spirit giant acquired the maker of Jim Beam, as well as the company’s continued evolution into a global premium spirits and ready-to-drink competitor.