Big Changes in Store for Shock Top
FILED FEBRUARY 17, 2017
While the majority of brands in A-B's High End are thriving [see CBD 02-16-2016], there's one that has fallen on hard times. Shock Top.
Mike's Hard 2016 Depletions Up 10%, Helping Grow FMBs to 5 Share of Beer
FILED FEBRUARY 16, 2017
Beer had a tough 2016. As we reported earlier this week, without imports, domestic beer volumes were down 0.8%. But you know who had a great year? Mike's Hard Lemonade Company. In fact, 2016 was the fourth straight year where the MHL Co. growth trend increased year over year.
FILED FEBRUARY 15, 2017
Heineken has reported its Q4 earnings. In the Americas, Heineken grew 3.7% organically, driven by strong growth in Mexico, but offset by some weaker volumes in the U.S. and Brazil.
MillerCoors Depletions Down 2.8% in Q4
FILED FEBRUARY 14, 2017
Earnings time: MillerCoors domestic depletions were down 2.5% percent for the year, but even more for the trading-day-adjusted quarter, at -2.8%.
Sobering Math: Domestic Beer in Real Trouble
FILED FEBRUARY 13, 2017
Last year, beer sales were up only 0.3% in volume, per preliminary Beer Institute estimates.
What's the Deal with People Waiting in Lengthy Lines for a Beer?
FILED FEBRUARY 10, 2017
Before the New York Times published their recent report on beer geeks standing in lines for half a day to grab special release brews, they penned an article on people in Austin, TX waiting three hours or longer six days a week for a chance to chow down on some Franklin's Barbecue. And prior to that profile on Franklin's, the Times' reporters observed how a local clothing store called Supreme would cause its fans to camp out on NYC street corners in anticipation of its weekly "drop" of new items every Thursday morning.
Mega-Deal in Southeast Could Create Most Profitable Beer Distributor in the Worl
FILED FEBRUARY 9, 2017
Three A-B houses in the Southeast are joining forces to form a 35 million case red network operation in what is being described as a mega-merger.