Brown-Forman Sells Early Times & Canadian Mist to Sazerac
Brown-Forman announced that it had reached a deal to send whiskey brands Early Times, Canadian Mist, and Collingwood to Sazerac. Canadian Mist is the third-biggest selling Canadian whiskey brand in the world. The deal was for an undisclosed sum, but includes the...
American Craft Whiskey Movement Enters New Wave
The American craft whiskey movement, which began with just a handful of distillers in the mid-aughts, has now grown to over 570 small distilleries, according to the American Distilling Institute. VinePair discusses six examples of the next wave of American Whiskey,...
The Most Popular Channels for Those Returning to On-Premise
One-third of consumers have returned to restaurants or bars within the last two weeks, primarily led by younger consumers, according to a new report from Nielsen CGA. The most popular channel for those returning to the on-premise is casual dining chains, followed by...
Retailers Discuss Alcohol Consumer Trends During Reopening
The COVID-19 lockdown initially caused many alcohol consumers to shift their patterns towards more bulk-buying and name brands. Beverage Dynamic spoke to retailers across the country to see if those patterns have held steady as the US begins reopening. Retailers...
Colorado Looks to Extend Alcohol Delivery Through July 2022
The Colorado General Assembly introduced a bill this week that would allow alcohol takeout and delivery to continue through July 2022. To-go alcohol has proven to be a crowd-pleasing side effect of coronavirus restrictions for consumers and businesses alike....
BW166 Captures Import, Export Trends for Quarantine Period
Total beverage alcohol imports (both bulk and packaged) declined by -5% in value from February to April. Packaged wine and spirits imports both declined in value by -5.2% and -8.1%, but bulk import values for the two categories increased by 22.3% for spirits and 6.6%...
Trump Signs Legislation to Reform Paycheck Protection Program
President Trump signed legislation Friday to restructure the Paycheck Protection Program, giving business owners more flexibility on how and when to use the funds. Specifically, the bill extends the deadline for when business owners have to spend the loan money, as...
Nielsen: On-Premise Seeing Week Over Week Growth
On-premise sales velocity continues to improve across the US, according to Nielsen CGA data. For the week ending on May 30 velocity increased by 118% compared to the same period in March. Trends in Texas are currently outperforming the wider US, while velocity in New...
Importers and Distributors Adjusting to New Consumer Trends
Importers and distributors across the country are adapting as consumer patterns shift in a COVID-19 world. Among the adjustments being made are: shifting to SKUs that will sell off-premise, increasing communication with suppliers, and using digital platforms like Zoom...