It’s a fast-changing world in the alcohol business but beer remains the industry leader in consumer preference and alcohol consumption per capita. For the third straight year, beer sales by volume have shown a modest increase. Beer tax collections in N.C. were up 0.63% through November and U.S. sales growth was up 1.5% in 2021, according to Beer Marketer’s INSIGHTS. …
What’s Hot, What’s Not in Beer & Wine When we hit the middle of March last year, everything changed for the beer and wine business. Restaurants and bars closed, and then some reopened under serious restrictions. Events were cancelled, starting with St. Patrick’s Day celebrations, followed by beer festivals, sporting events and music concerts. Beer wholesalers led the way …
Across the country, COVID-19’s impact on the beverage alcohol industry has been overwhelming since mid-March of 2020. From on-premise shutdowns to supply chain challenges, the beer market continues to see significant disruptions. Less draft beer When on-premise licensees were forced to close their doors, brewers, distributors and retailers around the U.S. were left grappling with what do to with the untapped …
By Catherine Muccigrosso (Courtesy: Charlotte Observer) Some North Carolina beer and wine distributors are lending a hand to help stock grocery and food pantry shelves amid the novel coronavirus pandemic. With the approval of the state ABC Commission, the NC Beer & Wine Wholesalers and NC Retail Merchants associations are teaming up to help the supply chain. “It’s a difficult time in the supply …
As you deal with the fallout from the COVID-19 crisis, it’s always a good thing to talk about beer. Here are some tidbits about the business you may not know: Modelo Especial is now the number four beer in America and, before long, it could be number two. The Mexican import has grown rapidly in recent years and is now …
Distributor Profile 2019 delivered a dream come true for Russ Saputo of Carolina Eagle Distributing. A 20-year veteran of the beer business and a proud graduate of East Carolina University, Russ has always wanted to be a beer distributor in his college town of Greenville, NC. In March 2019, Carolina Eagle purchased Anheuser-Busch distribution rights to a five-county region …
(Credit: David Fredericksen, Wilmington Business Journal) Imagine 600,000 cases of beer on a warehouse floor. One heck of a beer run. But first you’d have to maneuver through a maze of white hallways and open locked doors with a special card. And be careful not to take a wrong turn into the giant, cold storage facility that’s kept at …
Without question, the biggest story this year in the beer business has been the explosive growth of hard seltzer. Up to now, just two brands—White Claw (60% market share) and Truly (26%)—have had a firm grip on the seltzer business. Through October 5, hard seltzer has generated $1.2 billion of sales in 2019. Industry analysts believe that number will …
Millennials are used to being blamed for the demise of everything from movie theaters to golf. Now, according to one newspaper story, they aren’t going to wine tasting rooms, either. The fact is that those between the ages of 23 and 38 aren’t drinking all that much wine. Millennials comprise nearly 30% of the U.S. voting age population but consume …
By Craig Purser Around the world, disruption is happening in nearly every industry as companies race to meet the demands of consumers constantly in search of the next best thing. This includes the alcohol industry. This summer, for example, we saw hard seltzers, which you can now order from an app on your smartphone, take the country by storm. …