Retailer Profile: Raley's Doubles Down on High End
FILED AUGUST 22, 2014
While some retailers are trying to compete on price in this uber-competitive but still flattish beer market, California chain Raley's is leaning on the high-end more than ever. (Raley's owns and operates 128 stores across California and Nevada, including Bel Air Markets, Nob Hill Foods, and Food Source.) Beer, wine and spirits buyer Curtis Mann says they've enjoyed healthy traffic and trends in recent years.
FILED AUGUST 21, 2014
As reported here, Anheuser-Busch is in the process of purchasing the Hand Family's 800k ce operation in Owensboro, Kentucky. As required by Kentucky law, a legal notice had to be published in a local newspaper, in this case the Messenger-Inquirer, about the intent to purchase the distributor. Now we are starting to see the protests roll in to the deal.
Heineken Posts Strong First Half
FILED AUGUST 20, 2014
Heineken NV announced stronger than expected first half earnings earlier this morning, with margin expansion and revenue up a big 4.8%. But the interesting news comes out of the U.S., where STRs have improved sequentially both in the first half, the second quarter, and into July.
Distributor Profile: Clare Rose
FILED AUGUST 19, 2014
Long Island, NY A-B distributor Clare Rose chief Sean Rose told BBD he didn't have any juicy tidbits. But then, he also told us Bud Light was slightly up, and that July 4 was good for the distributor. They generally see around a million visitors to their Long Island coverage area for the key holiday, and this year that proved to be true as well.
Monster to Transition Away from Red Network Quickly
FILED AUGUST 18, 2014
The Coke/Monster deal has sent shockwaves through the red system over the weekend, and BBD has been trading emails with several folks about the deal. A few questions still remain.
Coca-Cola to take 17% Monster Stake; Will ABI Distribs Get Pushed Aside?
FILED AUGUST 15, 2014
As has been speculated for a few years, The Coca-Cola Co. will pay Monster more than $2 billion and transfer its worldwide energy brands in exchange for a 16.7% equity stake in Monster. Coke will have two seats on the Monster board.
Constellation Beer Voluntarily Recalls Select Corona Bottles
FILED AUGUST 15, 2014
Constellation Brands Beer Division this evening announced the voluntary recall of select packages in the U.S. containing 12-ounce clear glass bottles of its Corona Extra beer that "may contain small particles of glass. The voluntary recall covers 12-ounce clear bottles in select six-pack, 12-pack and 18-pack packages containing bottles," said the company in a statement.