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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
Posted in Earnings Report
Tagged Boston Beer
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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
Posted in Control States, Off-Premise
Tagged Distilled Spirits Council of the U.S.
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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
Posted in On-Premise
Tagged CGA. price strategy
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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
Posted in Promotions
Tagged Bud Light
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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
Posted in Distribution
Tagged Freshie, Southern Glazer's
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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
Posted in Control States
Tagged Virginia ABC
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