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.
We talk On-Premise with MillerCoors' Ed McBrien
FILED JULY 21, 2014
Last week you'll recall (see BBD 07-15-2014 ) MillerCoors sales chief Ed McBrien sent a memo to distributors outlining their "Comprehensive On-Premise Strategy" which detailed a seven point strategy to improve off-premise beer sales, including holding the line on premium light draught pricing. BBD caught up with Ed later in the week to learn more about this plan.
**Addendum** New U.S. Marketing Chief Shakes Up Top A-B Media Brass
FILED JULY 18, 2014
Anheuser-Busch's new VP of U.S. marketing, Jorn Socquet, is making some changes at the media-planning executive level, per Ad Age. They affect digital and sports marketing, too.
Indiana C-Store Group Files Suit and 7th Circuit Appeal for Cold Beer Sales
FILED JULY 18, 2014
It's been less than a month and the Indiana Petroleum Marketers and Convenience Store Association (IPCA) is already back gearing up for battle to try and secure cold beer sales, per report by Indy Star.
What About ABI - Diageo?
FILED JULY 17, 2014
"We now believe that a transaction between ABI and Diageo involving Guinness, could make sense for both parties," ISI's Robert Ottenstein wrote yesterday. (Recall that Robert is a former investor relations exec for ABI, for what it's worth). That's yet another variation on the ABI - SABMiller - Diageo - Molson Coors - Yuengling (wait, not Yuengling, sorry -- they wish).