Boston Reports Worse Q3 Depletion Trends; Adjusts Guidance Down Again
FILED OCTOBER 20, 2016 In July, amid soft Q2 results (depletions down 5%) that caused them to readjust downward guidance yet again, to between minus 4 and flat, Boston Beer at least offered some hope --measured, for sure -- for future quarters. Read More
Nick Benz to Depart DFH at Year's End
FILED OCTOBER 19, 2016 It's the end of an era for Dogfish Head. Today, the Mid-Atlantic brewer shared that 13-year veteran Nick Benz, who was promoted to CEO two years ago, will be leaving at the end of the year. Dogfish founder Sam Calagione will assume CEO responsibilities upon Nick's departure, while retaining his status as Chairman. (We're told they plan to eventually fill Nick's role as a president position.) Read More
Terrapin Opening MicroBrewery at the Braves's New SunTrust Park
FILED OCTOBER 18, 2016 After having been fully acquired by MillerCoors earlier this summer, Athens, Georgia-based Terrapin Beer Company is bringing a taproom and microbrewery to The Battery Atlanta, next to SunTrust Park, the Atlanta Braves's new ballpark. Read More
Harpoon Opens Minnesota and Wisconsin, Their First New Markets in Eight Years
FILED OCTOBER 17, 2016 Harpoon Brewery will bring its portfolio of New England-brewed beers to Minnesota and Wisconsin over the next month. The Boston-based brewer has selected J.J. Taylor Distributing Company to be its wholesaler partner in Minnesota; it'll go with Breakthru Beverage in Wisconsin. Read More
Rogue Boosts Salesforce, Adds Cans for 2017
FILED OCTOBER 14, 2016 Rogue Ales & Spirits is nearing the three-decade mark. The iconic Oregon brewery/pub chain/distiller just had their third annual distributor conference at a time of particular industry pause: craft growth is slowing, churn continues, and brewers are downsizing. Read More
Latest IRI: Craft Volumes Drop More in Food
FILED OCTOBER 13, 2016 At the last round of IRI numbers, the data to Sept. 4, we reported that craft volumes had actually dropped into negative territory in grocery for the four-week period-- just barely, at -o.1%. Dollars were up 2.2%. Read More
Slowdown Forces Stone to Cut 5% of Workforce
FILED OCTOBER 13, 2016 For those of you who think we're a bit too alarmist about craft's slowdown, consider that Stone just had to lay off about 5% of its workforce. They are among the segment's largest employers with more than 1,100 employees. Read More
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