NC beer distributors deliver food to grocers, pantries

Tim Kent Uncategorized Leave a Comment

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 …

Things You May Not Know About Beer

Tim Kent Uncategorized Leave a Comment

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 …

Coastal Beverage Steers Beer, Expansion

Tim Kent Uncategorized Leave a Comment

(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 …

Get Ready for Seltzer Wars in 2020

Tim Kent Uncategorized Leave a Comment

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 …

Beer, Wine Excise Tax Revenues Show Slight Increase in 2014

jontaymartin Uncategorized Leave a Comment

State excise tax collections for beer and wine increased by 1.9 percent during the 2014 calendar year.  N.C. Department of Revenue figures show total collections of $142.3 million, an increase of $2.7 million from the 2013 calendar year. Beer and wine wholesalers are responsible for collecting the excise tax while providing timely and accurate payment to the state on a …

Beer & Wine Tax Revenues Up During November

jontaymartin Uncategorized Leave a Comment

Excise tax collections for beer increased 7% during November, compared to the previous year. N.C. beer tax collections remain up 2.1% year-to-date. Table wine revenues increased 6.9% during November and are up 6.5% for the first 11 months of 2014. Monthly tax collections are a reflection of the previous month’s sales.