Dear Client: It looks like 2020 was a pretty good year for beer after all, despite supply gluts and a paralyzed on-premise. The Beer Institute revised some of its 2020 domestic shipments numbers yesterday, such that the full year saw a gain of 0.1%, to 167,362,000 barrels. That’s vs. the previously estimated -0.5%. October domestic … Continue reading “2020 Domestic Tax Paid Shipments Show Full Year Growth After All”
April IRI scans not as hot as we’d hoped. What happened? We look at a few possibilities in this double issue.Also, we investigate the “Bentonville Beta” and its future effect on beer sales, and we rant a little about CAMY and Cinco de Mealy-Mouth.
US Beverage rolling out new spirit-branded malternative to urban market. Strategy is different from other RTD’s. See how. Also, Heineken takes out BBAG and now Peroni remains as a blushing bride, and Fame Beverage honored.
State Supreme Court’s earlier ruling through out the baby with the bathwater, but now three-tier advocates are sleeping easier as opinion was amended and their Legislature stepped in and corrected the problem.
Beer Business Daily speaks with over 20 distributors about how they did in April and YTD.
The Italian beer is rumored to be in the sights of SABMiller as the latter wouldn’t have regulatory problems.Also, why c-stores are hurting, and don’t forget we lose a sell day in May.
But domestic STRs still up 1.4%, which isn’t bad. Coors took some profit hits in Q1, but those are unlikely to reoccur, says pres. Leo Kiely. Indeed, Coors likely gained some market share in the quarter.More on Coors Q1 results, conf call notes, a surprising report on 2002 on-premise sales, and the beer industry loses a true character: Bernie Little Sr. dies.
The results of Beer Business Daily’s Spring Distributor Survey are in and it may surprise. Distributors speak on pricing, FMBs, imports, and their brewers’ marketing plans.
A-B getting sued over Rhode Island bar fire, and S&N selling off retail estate while buying Bulmer’s.
Bare Knuckle and Anheuser World Select rolling out in test markets. Plus, A-B on state excise taxes, channel performance, pricing, and expanding capacity.
Bud Light and Mich Ultra continue to lead the way as A-B posts another record quarter.It was a tough quarter for volume, however, as the wet cold Easter-deprived quarter robbed even the King of sales-to-retailers.
The information contained in this report was compiled from several conversations and visits with beer distributors, CSD bottlers, and from my own personal experience as a former executive with a beer distributorship. Much of the information has been published in previous issues of the Distributor Productivity Letter, our monthly newsletter designed to add a nickel a case to the bottom line of distributorships. There are essentially only two ways in which distributorships increase the profits they make: by increasing sales and/or margins, and by leveraging their people and assets to a higher performance. The two feed off each other.The third way, which is to stop servicing the entire market (i.e. delivering only to profitable accounts) is simply not an option for those distributorships who want to remain in business long-term. It is usually a last-ditch effort to stave off bankruptcy and termination. However, short of pulling back on service, there are several ways to add profits to your organization, and we are going to explore just a few of them here (Note: Subscribers can get this report free. Email firstname.lastname@example.org to get it emailed to you)
Warren Buffett is the second richest man in the world. Under the assumption that you don’t get to be that rich by being a dumb-dumb, I decided to read a recent biography of his life (The Real Warren Buffett by James O’Loughlin) and see if I could apply some of his driving principles to the beer industry. Here’s what I came up with.
Ready to re-carpet the office? One distributor reports that he switched to modular carpet tiles and has been very pleased with it.
When I interviewed Joe Thompson of Independent Beverage Group recently, one of the things he told me stuck in my head. He said there was a serious talent hole in the beverage industry ..
So you know what your company’s hard assets are worth. But how to calculate Blue Sky, the intangible assets that are the icing on the cake and where the true value resides?Many use a per case formula, with A-B distributors getting the highest multiple, then Miller/Coors, then Miller only, then Coors only, then all others. … Continue reading “Calculating Blue Sky for Your Company”