Industry Improving: ABI Posts Stronger Q2
FILED JULY 31, 2014 Globally, ABI flexed its amazing mix/shift/pricing muscles by growing revenue by 5% in 2Q14, with revenue per barrel growing by 4.3%, driven by "revenue management and premiumization initiatives." On a constant geographic basis, revenue per barrel or hecto grew by 4.6%. Read More
A-B Holding Line on Premium Draft
FILED JULY 30, 2014 A-B seems to be holding the line on premium light draft pricing, matching MillerCoors decision to no go up, BBD has learned. After seeing price letters recently of A-B taking five bucks of pricing on kegs, it appears they've succumbed to on-premise retailers' complaints and are holding the line. Read More
First 30 Days With New BI Chief Jim McGreevy
FILED JULY 29, 2014 The new president of the Beer Institute, Jim McGreevy, is just over 30 days into his new job. You'll recall he joined the Beer Institute from the American Beverage Association (ABA), where he was senior vice president of government affairs. We squeezed in a few questions for the new guy for you. Read More
MillerCoors July 4 Update
FILED JULY 28, 2014 Last week Ed McBrien sent a July 4 roundup to MillerCoors distributors, senior executives, and other partners. "The Fourth of July is in the books, and I'd sum it up like this: Good, but not great," he said. "On a positive note, our Above Premium and innovation brands gained share and we outperformed ABI. But we need to keep fighting really hard with Coors Light and Miller Lite to win out for the summer." Read More
Domestic Sub-Premiums Still Suffering
FILED JULY 25, 2014 Latest IRI results are in. In the largest channel universe, multi-outlet plus convenience, the outlet reported beer dollar sales up 4.4% to July 13, and up 2.4% the latest 4-week period. Volumes were up slightly less. Read More
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. Read More
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. Read More
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