A-B Holding Line on Premium Draft
FILED JULY 30, 2014
A-B seems to be holding the line on premium light draft pricing, matching MillerCoors decision to no go up, BBD has learned. After seeing price letters recently of A-B taking five bucks of pricing on kegs, it appears they've succumbed to on-premise retailers' complaints and are holding the line.
First 30 Days With New BI Chief Jim McGreevy
FILED JULY 29, 2014
The new president of the Beer Institute, Jim McGreevy, is just over 30 days into his new job. You'll recall he joined the Beer Institute from the American Beverage Association (ABA), where he was senior vice president of government affairs. We squeezed in a few questions for the new guy for you.
MillerCoors July 4 Update
FILED JULY 28, 2014
Last week Ed McBrien sent a July 4 roundup to MillerCoors distributors, senior executives, and other partners. "The Fourth of July is in the books, and I'd sum it up like this: Good, but not great," he said. "On a positive note, our Above Premium and innovation brands gained share and we outperformed ABI. But we need to keep fighting really hard with Coors Light and Miller Lite to win out for the summer."
Domestic Sub-Premiums Still Suffering
FILED JULY 25, 2014
Latest IRI results are in. In the largest channel universe, multi-outlet plus convenience, the outlet reported beer dollar sales up 4.4% to July 13, and up 2.4% the latest 4-week period. Volumes were up slightly less.
SABMiller Reports U.S. STRS down 1.2%; Premiums Down Low-Single Digits
FILED JULY 24, 2014
SABMiller chief Alan Clark reported "slower momentum in North America" but continued growth in the high end for their F15 Q1 Trading Update issued today that covered the group's first quarter ended 30 June 2014. Domestic US depletions declined 1.2% in the quarter, while shipments were down 1.7%. The high end was up double digits, despite Tenth and Blake softness, while premium lights and regular brands struggled.
Glazer's Wants Beer at 1/3 of Portfolio
FILED JULY 23, 2014
Texas-based Glazer's is one to watch as a large, multi-state wine and spirits distributor, with an eye toward growing their beer portfolio to match the other two categories, through both organic growth and acquisitions.
Yuengling Hits Connecticut with Mixed Footprint
FILED JULY 22, 2014
Yuengling will cover Connecticut with a mixed footprint of three wholesalers: Tony Gallo's MillerCoors house, Star Distributing; plus A-B houses Hartford Distributors and Levine Distributing.