Monthly Archives: April 2022

Boston Beer Post 1Q Loss as Depletions Fall, Shipments Plunge

Boston Beer Co. reports first quarter depletions fell 7% and depletions plunged 25.1%, leading to a 21.1% drop in sales to $430.1 million and a net loss of $2 million.  A year earlier the company reported a profit of $65.6 … Continue reading

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End State Stores, Penna. Consumers Say in DISCUS Poll

The majority of Pennsylvania consumers – both Democrats and Republicans – support major changes to the current government-run retail sale of wine and spirits in the state of Pennsylvania, according to a new poll released by the Distilled Spirits Council … Continue reading

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Premiumization Drives Recovery On-Premise: CGA

Consumers in the US are opting to spend more on their drinks in bars and restaurants as premiumization drives the recovery of the On Premise after COVID-19, CGA said. . The premium price tier of the spirits market took a … Continue reading

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Bud Light to Pay $15 Million to Fans Who Predict All 32 1st Round Draft Picks

“As the official beer sponsor of the NFL, Bud Light continues to cement itself as the beer of choice for football fans across the country by providing them experiences and something to cheers to year-round,” said Andy Goeler, vp-marketing. “Our … Continue reading

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Freshie Organic Tequila Seltzer Expands into Florida

Southern Glazer’s Wine & Spirits will be the distributor.  Freshie is the only USDA-certified organic and sustainably produced tequila seltzer. The brand launched in the Chicago area in 2021 with one SKU (lime)and is now in more than 1,000 retailers and … Continue reading

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Virginia ABC to Announce Release Dates for Hard-to-Find Spirits

The move is intended to make it fair for everyone, CEO Travis Hill says.  In the past, some customers would camp out or follow trucks on deliveries. “We’re going to announce [release dates and locations], and then it gives everybody … Continue reading

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