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Dear Client: Your editors have been on the road for much of the summer, summing up fast-changing trends for wholesalers around the country. One throughline keeps surfacing, and it isn’t going anywhere: the industry’s hyperfocus on occasions. Remember 10 years ago, when craft ruled the industry so thoroughly that Constellation paid around $1 billion for Ballast Point, and Heineken’s Lagunitas purchase was (roughly) similarly valued? The buzzword back then was “authenticity,” and you couldn’t sit through an earnings call without
July CPI: Beer Price Increases Ease at Home, Tick Up On-Premise
Dear Client: After a recent run-up in the off-premise, at-home price increases for beer cooled slightly in July — though they remained well ahead of other bev alc. Yep, the latest Consumer Price Index shows at-home beer pricing rose 2.8% in July, down a skosh from the 3.1% jump in June and 2.9% increase in May, which had been the two biggest increases for beer-at-home since September 2024. Still, beer’s 2.8% increase in July remained well above spirits at home
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