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Monthly Archives: May 2017
Shore Point Locks Out Teamsters
The Freehold, N.J., MillerCoors distributor locked out 113 Teamster members on April 30 in an attempt, the Teamsters Union said, “to force them to give up their pension, accept a three-year wage freeze, and agree to give the company permission … Continue reading
Posted in beer, Uncategorized
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Analyst Sees Good Things in ABI’s Latest Earnings Report
Mark D. Swartzberg, lead beverage analyst at Nicholas Stifel & Co. isn’t discouraged in his affection for Anheuser-Busch InBev despite the global beer giant’s lackluster U.S. results. He notes that “managers continue to aim for flat volume and low single-digit … Continue reading
Posted in beer, Earnings Report
Tagged Mark D. Swartzberg
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Bacardi Gets Lots of Negative Press for Super-Strong Gin
It wasn’t supposed to be super-strong, but “at most” 1,000 cases of 1.14-liter Bombay Sapphire London Dry Gin had an alcohol content of 77%, not the 40% listed on the bottle. It was inadvertent, Bacardi says, and we’re sure it … Continue reading
Posted in Spirits
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Heineken Acquires Rest of Lagunitas
Heineken N.V. said it acquired all the remaining shares in Lagunitas Brewing Co. To maintain the Lagunitas culture and free spirit, Heineken said, Lagunitas will continue to operate as an independent entity within Heineken and will report within the Heineken … Continue reading
Posted in Acquisitions, beer
Tagged Jean-François van Boxmeer, Tony Magee
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ABI: Our STRs Fell Nearly Twice as Face as Industry in U.S.
Anheuser-Busch InBev estimated its sales to U.S. retailers fell 2.9% in the first quarter, nearly twice as face as the 1.6% overall industry decline. Sales to U.S. wholesalers fell even more: down 4.7%, “due to planned adjustments to wholesaler inventories … Continue reading
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Why Scotland Worries About Brexit
A new study, just released by Technavio, identifies the top five Scotch whiskey producers. It’s the usual crowd – Bacardi, Beam Suntory, Diageo, Pernod Ricard and William Grant & Son. What makes the study particularly interesting, at least in explaining … Continue reading
Posted in Spirits
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