Category Archives: News

Consumer Concerns Grow with Recession Talk

Posted on June 29, 2022 by Joel Whitaker

The Conference Board measure of consumer confidence fell more than expected in June to 98.7 from a downwardly revised 103.2 (consensus 100). The forward-looking expectations component bore the brunt, dropping from 73.7 to 66.4, taking this series to the lowest … Continue reading →

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Beer’s Continuing Slide Will End. But When?

Posted on June 29, 2022 by Joel Whitaker

Beer Institute estimates U.S. brewers shipped 14.6 million barrels in May, down 2.2% from the 14,926,000 barrels shipped a year earlier.  Year todate, beer shipments are down 3.3% from a year earlier.

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Who & What —

Posted on June 29, 2022 by Joel Whitaker

Beam Suntory promotes Dave Turo to U.S. Chief Commercial Officer.  He had been Regional General Manger, East Geographic Business Unit, the largest region in the U.S.   Beam Suntory also welcomes back Regan O’Kon as VP-On Premise, reporting to Turo.  She rejoins … Continue reading →

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Heaven Hill Brands Names Kate and Allan Latts Co-Presidents

Posted on June 27, 2022 by Joel Whitaker

Kate Latts is the daughter of current President Max L. Shapira, who will be assuming the new role of Executive Chairman.  Allan Latts is her husband.  Their appointment signals transition of America’s largest independent, family 0wned-and-led distilled spirits supplier, to … Continue reading →

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Economy, Extreme Heat Bring Beer Industry to a Pause

Posted on June 27, 2022 by Joel Whitaker

Continued inflationary pressures, extreme heat, rising interest rates and recession fears, coupled with slower-than-expected sales in May, bring the industry to a pause after five months of positive ordering trends, National Beer Wholesalers Association said, with the Beer Purchasers Index … Continue reading →

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On-Premise Continues Growth Ahead of July 4 — CGA

Posted on June 27, 2022 by Joel Whitaker

The last two weeks in the US On Premise have continued to see growth, with trends of +3% to June 11 followed by +2% to June 18, with check value and traffic both holding steady at +1% for the latest … Continue reading →

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