Infused Spirit Maker MXXN Returns With First Release in 4 Years
Launched in 2021, Darnell Smith’s THC-infused non-alcoholic (NA) spirit brand MXXN (pronounced “moon”) has had the distinction — or disadvantage, depending on your perspective — of being ahead of the curve on not one but two beverage trends. Now that consumers have caught up, he’s ready.
Press Clips: Breakthru Turns to ‘Contingency Plans’ Amid FL Driver Strike; Yuengling, AleSmith Distribution Expansion
Breakthru activates ‘contingency plans’ amid Florida driver strike; O&W gets Yuengling in SE Michigan; AleSmith enters Georgia; and Dad Strength featured on CBS Mornings.
Circana Weekly Scans: Beer’s ‘Surprise’ Losses; Busch Bucks Trends
The beer category “surprised” Circana EVP BevAl Scott Scanlon last week and not in a good way. Both dollar sales (-6.1%) and volume (-7.3%) dropped mid-single digits in the week ending June 15 at off-premise retailers tracked by the market research firm.
Rancho La Gloria Producer Patco Brands Moves Distribution to California Beverage Solution
Patco Brands, the manufacturer of one of the leading wine-based ready-to-drink (RTD) products and other private label brands, will move its California distribution to California Beverage Solution (CBS) August 1, the companies announced today.
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C&S Wholesale Grocers to Buy SpartanNash for $1.77 Billion
C&S Wholesale Grocers announced today it has agreed to purchase food solutions company SpartanNash for a total consideration of $1.77 billion, including debt.
Texas Gov. Vetoes Hemp Ban, Backs Special Session for ‘Legally Sustainable’ Regulations
Texas Gov. Greg Abbott has vetoed a bill that would have banned intoxicating hemp products in the state, sending the hotly debated issue back to the Legislature through a special session tasked with producing “strict, fair and legally sustainable” regulations.
Goldman Sachs: Beer Distributors Love Alani Nu, But Could They Soon Lose It?
Beer distributors are continuing to prioritize Alani Nu, even as many fret over the risk of losing the brand after its acquisition by Celsius earlier this year.
🍻 Insider’s Week in Beer: BAPPLE Spring Brings SubLIME Summer
Man, you know it’s bad when beer consumption is down in Belgium of all places. Data indicates the 2024 number was -2.1%, following a 2023 where it was -6%. Guessing that imported STELLA from Newark, NJ just isn’t moving as many units as one would hope … but maybe they should send over a few cases of BUSCH LIGHT’s newest foray into flavortown along with it – move over #BLAPPLE – it’s #BLIMEtime!
Kroger: Closing 60 Stores Under ‘Core Business Focus’
While 30 major store improvement projects are slated to be completed in 2025, 60 “underperforming” Kroger stores will be closed over the next 18 months.
Bernstein: Constellation Brands’ Challenges and Solutions ‘Lie in the Oval Office’
The reasons behind Modelo Especial’s negative trends may have more layers than just the Trump administration’s immigration raids and arrests, the Societe Generale Group at financial services firm Bernstein explored in a recent report.
A Round With: Scott Ramsey on How Cider Showcases New York’s ‘Agricultural Strength, Rural Economies and Regional Pride’
In the latest edition of A Round With, a Brewbound Insider-exclusive Q&A series, we caught up with New York Cider Association executiveScott to discuss the New York cider industry’s recent milestones, and what he’s setting his sights on next.
Press Clips: RahrBSG Increases Prices on Some Products Due to Tariffs, Holds Price on Others; Port City’s Bill Butcher on Pricing; Silver City Brewing Sells to Ackley Brands
RahrBSG has increased prices on select products due to tariffs, the ingredients purveyor announced yesterday in a tariff-related FAQ.
FIFCO USA Appoints Gustavo Cornejo as CEO
FIFCO USA has named Gustavo Cornejo its new CEO, effective immediately. Cornejo succeeds Piotr Jurjewicz, who had led the company’s U.S. operations since 2022.
Pernod Ricard To Restructure Amid Sales Declines
As major spirits groups struggle with slow sales, Pernod Ricard is next to cut jobs.